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Stock impact report

This Payroll Processing Company Is Growing Like a Weed [The Motley Fool]

Paylocity Holding Corporation (PCTY) 
Last paylocity holding corporation earnings: 2/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.paylocity.com/investor-relations
Company Research Source: The Motley Fool
Paylocity isn't a household name, but this human resources software company is growing fast as it steals market share from the industry giants. Payroll and human resources tasks are mission-critical back-office functions for every business that has employees. However, legacy solutions that are offered by Paychex and ADP  are not always flexible enough to meet the needs of small-business owners. Paylocity ( NASDAQ:PCTY ) is looking to change all of that. The company's cloud-based platform was built from the ground up to provide users with an easy-to-use, mobile-focused solution. Paylocity has been grabbing market share away from the industry giants ever since. In this episode of The Motley Fool's Industry Focus: Technology , host Dylan Lewis is joined by Motley Fool contributor Brian Feroldi to discuss why Paylocity's turbo-charged growth should continue for the foreseeable future. A full transcript follows the video. This video was recorded on Ap Show less Read more
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