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Namely vs Paylocity: What are the differences?
Developers describe Namely as "The First HR, Payroll, and Benefits Platform Your Employees Will Love". It is the only HR, payroll, benefits, and talent management platform your employees will love. It’s more than HR software: It’s the compliance and benefits consulting you need. On the other hand, Paylocity is detailed as "Online payroll software is designed to simplify everyday payroll and HR tasks". It is a hybrid, web-based Payroll and HR service that is specifically developed and created for the lower end of the SMB market. It also provides HR applications including personnel tracking, learning management, scheduling, and on-boarding.
Namely and Paylocity can be primarily classified as "Payroll & Benefits" tools.
Some of the features offered by Namely are:
- Health Insurance
- FSA & HSA
- Telehealth
On the other hand, Paylocity provides the following key features:
- Payroll integrations
- Payroll management
- Labor management
