Paylocity Debuts Integrated Headcount Planning Solution
Paylocity (NASDAQ: PCTY) has launched Headcount Planning, a new integrated solution that unites Finance, HR, and Talent Acquisition for seamless workforce planning. This offering builds on Paylocity's acquisition of Trace in December 2023 and uses the Paylocity employee record as the single source of truth for company-wide headcount planning.
The solution enables businesses to:
- Proactively map headcount needs across the organization
- Manage workflows and approvals from initial forecasting through opening new roles
- Access comprehensive reporting to stay ahead of changing talent needs
Key benefits include plan creation & real-time management, automation around the employee lifecycle, setting clear company goals, expediting real-time changes and approvals with powerful automation workflows, and providing transparency to maximize human capital investments.
Paylocity (NASDAQ: PCTY) ha lanciato Pianificazione della Forza Lavoro, una nuova soluzione integrata che unisce Finanza, Risorse Umane e Acquisizione di Talenti per una pianificazione della forza lavoro senza interruzioni. Questa offerta si basa sull'acquisizione da parte di Paylocity di Trace nel dicembre 2023 e utilizza il registri dei dipendenti di Paylocity come unica fonte di verità per la pianificazione della forza lavoro a livello aziendale.
La soluzione consente alle aziende di:
- Mappare proattivamente le esigenze di forza lavoro in tutta l'organizzazione
- Gestire flussi di lavoro e approvazioni dalla previsione iniziale fino all'apertura di nuovi ruoli
- Accedere a report completi per rimanere un passo avanti rispetto alle esigenze di talento in evoluzione
I principali vantaggi includono la creazione di piani e la gestione in tempo reale, l'automazione del ciclo di vita del dipendente, la definizione di obiettivi aziendali chiari, l'accelerazione delle modifiche e delle approvazioni in tempo reale con potenti flussi di lavoro automatizzati e la fornitura di trasparenza per massimizzare gli investimenti nel capitale umano.
Paylocity (NASDAQ: PCTY) ha lanzado Planificación de la Fuerza Laboral, una nueva solución integrada que une Finanzas, Recursos Humanos y Adquisición de Talento para una planificación de la fuerza laboral sin fisuras. Esta oferta se basa en la adquisición de Paylocity de Trace en diciembre de 2023 y utiliza el registro de empleados de Paylocity como la única fuente de verdad para la planificación de la plantilla a nivel empresarial.
La solución permite a las empresas:
- Mapear proactivamente las necesidades de plantilla en toda la organización
- Gestionar flujos de trabajo y aprobaciones desde la previsión inicial hasta la apertura de nuevos roles
- Acceder a informes completos para mantenerse al tanto de las cambiantes necesidades de talento
Los beneficios clave incluyen la creación de planes y la gestión en tiempo real, la automatización del ciclo de vida del empleado, el establecimiento de claros objetivos empresariales, la agilización de cambios y aprobaciones en tiempo real con poderosos flujos de trabajo automatizados, y la provisión de transparencia para maximizar las inversiones en capital humano.
Paylocity (NASDAQ: PCTY)는 인력 계획을 출시했습니다. 이 새로운 통합 솔루션은 재무, 인사 및 인재 확보를 통합하여 매끄러운 인력 계획을 제공합니다. 이 제품은 2023년 12월 Paylocity의 Trace 인수에 기반하고 있으며, Paylocity 직원 기록을 회사 전반의 인력 계획을 위한 단일 사실 출처로 사용합니다.
이 솔루션은 기업이:
- 조직 전반의 인력 수요를 선제적으로 매핑합니다.
- 초기 예측부터 새로운 역할 개방까지 Workflows 및 승인을 관리합니다.
- 변화하는 인재 요구에 선행할 수 있도록 포괄적인 보고서에 접근합니다.
주요 이점에는 계획 생성 및 실시간 관리, 직원 생애 주기에 대한 자동화, 명확한 회사 목표 설정, 강력한 자동화 워크플로를 통한 실시간 변경 및 승인의 신속화, 인적 자본 투자를 극대화하기 위한 투명성 제공이 포함됩니다.
Paylocity (NASDAQ: PCTY) a lancé Planification des Effectifs, une nouvelle solution intégrée qui relie la Finance, les RH et l'Acquisition de Talents pour une planification fluide de la main-d'œuvre. Cette offre s'appuie sur l'acquisition par Paylocity de Trace en décembre 2023 et utilise le dossier des employés de Paylocity comme unique source de vérité pour la planification des effectifs à l'échelle de l'entreprise.
La solution permet aux entreprises de:
- Cartographier proactivement les besoins en effectifs à travers l'organisation
- Gérer les flux de travail et les approbations de la prévision initiale jusqu'à l'ouverture de nouveaux postes
- Accéder à des rapports complets pour rester en avance sur les besoins changeants en talents
Les principaux avantages comprennent la création de plans et la gestion en temps réel, l'automatisation autour du cycle de vie des employés, la définition d'objectifs clairs pour l'entreprise, l'accélération des changements et des approbations en temps réel avec des flux de travail d'automatisation puissants, et la fourniture de transparence pour maximiser les investissements en capital humain.
Paylocity (NASDAQ: PCTY) hat Arbeitskräfteplanung eingeführt, eine neue integrierte Lösung, die Finanzen, HR und Talentakquise vereint, um eine nahtlose Planung der Belegschaft zu ermöglichen. Dieses Angebot baut auf der Akquisition von Trace durch Paylocity im Dezember 2023 auf und verwendet den Paylocity-Mitarbeiterdatensatz als einzige Quelle der Wahrheit für die unternehmensweite Arbeitskräfteplanung.
Die Lösung ermöglicht es Unternehmen:
- Proaktiv den Personalbedarf in der gesamten Organisation zu erfassen
- Arbeitsabläufe und Genehmigungen vom anfänglichen Forecast bis zur Eröffnung neuer Stellen zu verwalten
- Umfassende Berichterstattung zu nutzen, um den sich ändernden Talentbedarfen voraus zu sein
Die Hauptvorteile umfassen die Erstellung von Plänen und das Management in Echtzeit, die Automatisierung des Mitarbeiterlebenszyklus, die Festlegung klarer Unternehmensziele, die Beschleunigung von Echtzeitänderungen und Genehmigungen mit leistungsstarken Automatisierungsabläufen sowie die Bereitstellung von Transparenz zur Maximierung der Investitionen in Humankapital.
- Launch of new Headcount Planning solution, integrating Finance, HR, and Talent Acquisition
- Leverages Paylocity employee record as single source of truth for company-wide planning
- Enables real-time management and automation of workforce planning processes
- Provides comprehensive reporting and analytics for better decision-making
- None.
Insights
Paylocity's new Headcount Planning solution represents a significant advancement in workforce management technology. By integrating HR, Finance and Talent Acquisition functions, it addresses a critical pain point for many organizations: the disconnect between financial planning and human capital management.
The solution's key strengths lie in its real-time data synchronization and automated workflows. This could potentially reduce errors, improve decision-making speed and enhance overall workforce strategy alignment. The ability to create and manage annual plans in a centralized platform should streamline processes that are often fragmented across departments.
However, the success of this tool will largely depend on user adoption and the quality of data input. Organizations will need to ensure proper training and change management to fully leverage its capabilities. Additionally, while the solution promises to improve efficiency, it's important to note that it may require significant initial setup and customization to align with specific organizational structures and processes.
Overall, this launch positions Paylocity more competitively in the HR tech market, particularly against comprehensive HCM suite providers. It could potentially lead to increased customer retention and possibly attract larger enterprises seeking integrated workforce planning solutions.
New solution unites HR, Finance, and Talent Acquisition for seamless workforce planning
LAS VEGAS, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leader in cloud-based HR and payroll software solutions, today announced Headcount Planning, a new offering that brings together Finance, HR, Talent Acquisition, and hiring managers to create a more cohesive, data-driven approach to workforce planning. This integrated solution builds on Paylocity’s acquisition of Trace in December 2023 and leverages the Paylocity employee record as the single source of truth for company-wide headcount planning. It enables businesses to proactively map headcount needs across the organization, manage workflows and approvals from initial forecasting through opening new roles, and offers comprehensive reporting to stay ahead of ever-changing talent needs as employees join, move, or leave an organization.
As a primarily Finance-led function, today’s headcount planning process is often based on offline spreadsheets, disjointed meetings, and side conversations between different stakeholders. With the launch of Paylocity Headcount Planning, cross-functional teams can now easily come together and collaborate on centralized plans within the Paylocity platform. The result is a common location where business leaders can plan their headcount budgets, view any spend and forecast updates in real time as changes occur within the Paylocity system, and continually develop and adjust automated workflows that ensure the right people are always part of the review and approval process for headcount spending.
"Planning for workforce growth shouldn’t be a manual, time-consuming task that relies on spreadsheets and ad hoc conversations to manage a company’s most valuable resource—its people," said Toby Williams, Paylocity President and CEO. "With our Headcount Planning solution, we’re bringing together key decision makers across Finance, HR, and Talent Acquisition and ensuring they have the most up-to-date and accurate data from the Paylocity system to nimbly refine and adjust their headcount strategy. This solution gives CFOs and CHROs a way to partner more effectively in dealing with changing market conditions, employee movement, and the profitability pressure nearly every organization faces today. "
Paylocity Headcount Planning Benefits:
- Plan Creation & Real-Time Management
Users can create or upload annual plans and manage them through the year in a single place— saving time, facilitating collaboration, and keeping everyone across the organization aligned.
- Automation Around the Employee Lifecycle
Seamless connection to HR data automates updates around employee life events from onboarding to role changes and offboarding—driving efficiency and ensuring the right decisions are made as plans change, employees turn over, and new requisitions are approved.
- Set Clear Company Goals
Build top-down or bottom-up hiring plans across departments and see committed forecasts in real time as changes happen. Leaders can set and measure headcount targets—such as budget costs or employee counts—for granular control of staffing plans.
- Expedite Real-Time Changes and Approvals with Powerful Automation Workflows
Conditional workflows proactively notify the right people for approvals at each step in the planning process, keeping everyone on the same page and saving time by implementing a more ideal planning process.
- Transparency to Maximize Human Capital Investments
Dashboards & analytics offer deeper visibility into the decision-making process, efficiency and speed of requisitions, approvals, and job postings. Leaders get a roll-up view that they can use to make adjustments and ensure they are maximizing their people investments.
More information on Paylocity’s Headcount Planning can be found here.
About Paylocity
Headquartered in Schaumburg, IL, Paylocity (NASDAQ: PCTY) is an award-winning provider of cloud-based HR and payroll software solutions. Founded in 1997 and publicly traded since 2014, Paylocity offers an intuitive, easy-to-use product suite that helps businesses automate and streamline HR and payroll processes, attract and retain talent, and build culture and connection with their employees. Known for its unique culture and consistently recognized as one of the best places to work, Paylocity accompanies its clients on the journey to create great workplaces and help all employees achieve their best. For more information, visit www.paylocity.com.
CONTACT:
Nicole Andergard
nandergard@paylocity.com
503-866-0783
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