Paylocity vs PeopleSoft comparison

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Paylocity Logo
351 views|193 comparisons
100% willing to recommend
Oracle Logo
6,326 views|5,498 comparisons
86% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Paylocity and PeopleSoft based on real PeerSpot user reviews.

Find out what your peers are saying about Workday, Oracle, SAP and others in Benefits Administration.
To learn more, read our detailed Benefits Administration Report (Updated: March 2024).
767,995 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"My favorite feature is payroll administration, which has been awesome. You can import as many batches as you want to and run them synchronously or asynchronously. Since I work in a finance company with commissions, bonuses, and distribution, it's great to be able to do that. I can upload multiple things. Also, I can upload different sets of commission lists into the same payroll batch and upload the time card imports and overtime imports if I want to and separate them. I can create multiple batches around an individual or one one set of audit backing, and then I can approve them or leave them open. The way that Paylocity has set up their payroll system is really good and saves us a lot of time. It's very specific and helpful."

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"PeopleSoft allows you to schedule upgrades and inform users beforehand. This gives your IT team time to manage the implementation and minimize disruption.""The most valuable feature of the solution is its stability.""The most valuable feature for us is the integration between the HR Payroll and Financials modules""PeopleSoft is easy to understand, where any end user that is logged in can easily navigate through the menus.""PeopleSoft is mostly used for payroll and core HR functionality. Some customers use it for its finance module.""All the features of the solution are integral to the functionality. Additionally, the navigation customization is beneficial.""PeopleSoft has been fairly reliable for us. We haven't had any issues with stability.""The integration between Human Capital Management (HCM) and PeopleSoft is an important feature."

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Cons
"Some of the Paylocity systems are limited. For example, I can't create custom offer letters. I can create generic offer letters with a logo, but I can't edit them or create sections. It does not read like a MS Word document and needs to be more robust."

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"Having applications which provide more enhanced features and user-friendly elements.""The learning and development side of the product is an area of concern where improvements are required.""The area that could be improved is the upgrade process, it's not the easiest. Oracle stopped supporting our version. So we have to move either to the cloud or work in a non-supported situation. That was certainly a disadvantage. That's also the reason why we decided not to stay with Oracle. Now we are moving to SAP.""The API integration could be better.""Parsing of CVs is productive but accuracy can be improved.""On the other hand, the more recent push for standardization precludes customized approaches to certain industry requirements.""In my opinion, it needs more performance, maybe something technical related, because it's very slow for us and even small activities take a while.""I would like to see improvement in the UI."

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Pricing and Cost Advice
Information Not Available
  • "Check all options before a decision is made."
  • "It's approximately $3,000,000 to $4,000,000 USD per year."
  • "The licensing cost for PeopleSoft is 3,500 per course and the annual subscription fee is 6,500."
  • "I don't know if they are still providing licenses or if they have suspending licenses."
  • "There are no additional costs for licensing."
  • "We are a University and the cost and license are negotiated privately."
  • "The main issue we have with the solution is that it is very expensive."
  • "One of the cheapest solutions available and also one of the best."
  • More PeopleSoft Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:My favorite feature is payroll administration, which has been awesome. You can import as many batches as you want to and run them synchronously or asynchronously. Since I work in a finance company… more »
    Top Answer:Paylocity is not great at communicating customer support related issues such as account manager changes. They claim to provide concierge level of support, but it has not been great. Some of the… more »
    Top Answer:We run almost everything that we can out of Paylocity. We run payroll, employee performance reviews, recruitment, onboarding, and all benefits administration and enrollment through it. We use the… more »
    Top Answer:Although both are solutions to manage HR, their differences make each one suitable for different companies Oracle Cloud HCM is a platform for connecting all human resource processes in your… more »
    Top Answer:I use the reporting feature occasionally to check for potential improvements in timesheets. We have integrated it with Power BI.
    Ranking
    13th
    Views
    351
    Comparisons
    193
    Reviews
    1
    Average Words per Review
    599
    Rating
    8.0
    3rd
    Views
    6,326
    Comparisons
    5,498
    Reviews
    17
    Average Words per Review
    467
    Rating
    7.9
    Comparisons
    UKG logo
    Compared 43% of the time.
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    isolved logo
    Compared 18% of the time.
    Paycom logo
    Compared 15% of the time.
    Oracle HCM Cloud logo
    Compared 17% of the time.
    Workday logo
    Compared 13% of the time.
    SAP SuccessFactors logo
    Compared 10% of the time.
    SAP ERP logo
    Compared 8% of the time.
    Learn More
    Paylocity
    Video Not Available
    Overview

    Our all-in-one software platform gives HR pros a way to easily manage daily tasks in payroll, benefits, talent, and workforce management. But what makes us different is that our technology is backed by a culture that truly cares about our clients’ success.

    Providers will merely sell you a product. But a partner actually cares about you and your business. A partner takes the time to get to know you and understand your needs. We work with you to identify the best solutions that will benefit your business today, while paving the way to a better tomorrow. And tomorrow is all about your team.

    Everything we do is designed to support you in reaching your goals. Together, we tackle your day-to-day work so you can spend more time building the culture you and your employees crave.

    For professionals who crave true partnership, Paylocity is the HR & Payroll company that frees you from the tasks of today, so together, we can spend more time focused on the promise of tomorrow.

    Let's go forward together.

    PeopleSoft is an ERP solution that provides businesses with tools for managing their entire workforce including human resources and financial operations, such as payroll, benefits, talent management, and supply chain management. Originally developed by PeopleSoft, Inc., and later acquired by Oracle Corporation, the software helps address talent management needs and maximize employee productivity and efficiency.

    PeopleSoft Features

    PeopleSoft has many valuable key features. Some of the most useful ones include:


    • Simple and intuitive: PeopleSoft HCM delivers a clean, consistent, and user-friendly design, resulting in greater user satisfaction that leads to higher adoption without the high cost of training employees.


    • Anywhere, anytime mobility: With mobile devices being such an integral part of today’s modern work life, PeopleSoft offers today’s mobile and wireless managers and employees an effective and secure method for accessing the information they need, with the ability to effectively execute HR transactions from anywhere, at any time.


    • Flexible and configurable: PeopleSoft enables you to leverage a single application optimized for all form factors that works on any mobile device – no need for separate applications for mobile and desktop.


    • Robust: Because the solution is robust, you can use it to increase retention and improve employee engagement.


    • Powerful and actionable, embedded analytics: PeopleSoft’s actionable, embedded analytics help you spend less time gathering data and more time analyzing and executing employee data.



    PeopleSoft Benefits

    There are many benefits to implementing PeopleSoft. Some of the biggest advantages the solution offers include:


    • Greater employee satisfaction: Users will find PeopleSoft’s software easy to use, leading to better productivity levels and also increased employee satisfaction.


    • Manage dynamic workforce: The solution provides secure access to employee information so users can manage essential HR functions effectively.


    • Increased administrator productivity: PeopleSoft empowers employees and managers by enabling them to execute common HR tasks so administrators can focus on other top priorities.


    • Quickly make informed decisions: By using PeopleSoft’s embedded, real-time, multidimensional analysis capabilities, users can make more informed business decisions.


    Reviews from Real Users

    PeopleSoft is a solution that stands out when compared to many of its competitors. Some of its major advantages are that it has a lot of functionality and is customizable.

    A Regional Director at a tech services company mentions, “The most valuable feature is that it's wide and broad and it does about everything anybody needs in a major organization from a back-office systems point of view.”

    "PeopleSoft is a good core system. It has a lot of functionality. "They frequently update the solution and recently they have added some good enhancement features for higher education. We just switched to the new fluid interface and that is working very well for us. It is very good," says another reviewer who is an HR/Pay Systems Administrator/Director at a university.


    A Senior Manager for DevOps Infrastructure at a financial services firm, explains why he finds the solution so beneficial: "It is a customizable product. We can customize it based on our needs, which is one of the features that I like about PeopleSoft. As far as financial accounting is concerned, the user interface is very good. You can also configure a Chart of Accounts for all performance insights."

    Sample Customers
    POLYWOOD, University Clinical Healthcare, New England Authentic Eats, Revere Plastics, Stonewall Kitchen, Circuit Transit, Powerhouse Retail, Mountainside Fitness, Crafton Tull, Noble House Hotels & Resorts, Gurley Leep Automotive, Taco Johns
    BMI Healthcare, Lone Star College System, Jefferson County Public Schools, Griffith University, Los Rios Community College District, Tervita Corporation, INFRA S.A. de C.V., ICF Habitat, Central Washington University, Tech Mahindra Limited, Cognizant Technology Solutions, Stanford Childrens Health
    Top Industries
    VISITORS READING REVIEWS
    Educational Organization42%
    Computer Software Company12%
    Retailer6%
    Financial Services Firm5%
    REVIEWERS
    University12%
    Computer Software Company10%
    Financial Services Firm10%
    Manufacturing Company10%
    VISITORS READING REVIEWS
    Computer Software Company11%
    Financial Services Firm10%
    Government9%
    University8%
    Company Size
    VISITORS READING REVIEWS
    Small Business28%
    Midsize Enterprise53%
    Large Enterprise19%
    REVIEWERS
    Small Business26%
    Midsize Enterprise18%
    Large Enterprise55%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise12%
    Large Enterprise71%
    Buyer's Guide
    Benefits Administration
    March 2024
    Find out what your peers are saying about Workday, Oracle, SAP and others in Benefits Administration. Updated: March 2024.
    767,995 professionals have used our research since 2012.

    Paylocity is ranked 13th in Benefits Administration with 1 review while PeopleSoft is ranked 3rd in Benefits Administration with 80 reviews. Paylocity is rated 8.0, while PeopleSoft is rated 8.0. The top reviewer of Paylocity writes "Has a comprehensive and intuitive knowledge base, and time saving payroll administration features". On the other hand, the top reviewer of PeopleSoft writes "Comprehensive solution for SCM but requires add-ons for fluid pages". Paylocity is most compared with UKG, BambooHR, isolved and Paycom, whereas PeopleSoft is most compared with Oracle HCM Cloud, Workday, Oracle Fusion Cloud ERP, SAP SuccessFactors and SAP ERP.

    See our list of best Benefits Administration vendors and best Talent Management vendors.

    We monitor all Benefits Administration reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.