Paylocity Named Finalist for American Business Awards

ARLINGTON HEIGHTS, Ill., May 14 /PRNewswire/ -- Paylocity, America's leading independent payroll provider, has been named as one of the finalists for the esteemed American Business Award. This prestigious award was created to honor and generate public recognition of the efforts, accomplishments and positive contributions of companies and business people worldwide.

"We are honored to be named as a finalist in the New Product or Service of the Year - Computer Software - Software as a Service category, says Steve Beauchamp, Paylocity President. We are all very proud of our technology teams and are honored to have our newest feature nominated for this impressive award.  Our custom templates and checklists feature is a truly innovative concept that allows clients to select any field from the system, creating unique user interface screens for nearly every task they perform."

Paylocity clients are able to automate common repetitive tasks by designing custom user interface and checklists that mirrors their internal workflow. Clients are using this innovative feature for a variety of tasks including;

• Managing new hires and terminations
• Position changes, reorganizations and promotions
• Annual performance reviews and merit increases
• Training, skills and certifications

Says Paylocity CEO Steve Sarowitz, "Paylocity's true SaaS solution gives us a big advantage over our competitors that are tied to older legacy systems. We are able to offer payroll, HR, employee self-service and reporting in a single web-based system, versus having to make separate systems communicate. In less than 3 years, we have been able to expand to 26 new markets and double our operating revenue. We are excited about our future prospects as we continue to enhance our technology."

The American Business Awards will be honoring its selected finalists and announcing its winners live at the 2010 awards dinner in New York's Marriott Marquis hotel on Monday, June 21.

About Paylocity Corporation

Paylocity combines innovative web-based technology with award-winning customer service to provide unparalleled payroll and HR solutions nationwide. Paylocity has twice been named the IPPA Service Bureau of the Year and is a five time Inc 5000 company. Paylocity has also been named five times as One of Chicago's Best & Brightest Companies to Work For. Visit www.paylocity.com to learn more.

SOURCE Paylocity