Paylocity
Paylocity is a comprehensive human capital management platform that simplifies payroll, benefits, and talent management while providing modern engagement tools to help you build a stronger workplace culture.
Pulley
Pulley is a comprehensive equity management platform that helps startups and established companies track their cap table, issue digital securities, and stay compliant with automated 409A valuations and tax filings.
Quick Comparison
| Feature | Paylocity | Pulley |
|---|---|---|
| Website | paylocity.com | pulley.com |
| Pricing Model | Custom | Freemium |
| Starting Price | Custom Pricing | Free |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✓ Has free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1997 | 2019 |
| Headquarters | Schaumburg, USA | San Francisco, USA |
Overview
Paylocity
Paylocity is an all-in-one human capital management platform designed to help you manage your entire employee lifecycle from a single interface. You can automate complex payroll runs, streamline open enrollment for benefits, and track time and attendance without manual data entry. The platform focuses heavily on the modern employee experience, offering social collaboration tools and mobile-first features that make it easier for your team to stay connected and productive.
Beyond basic administrative tasks, you can use the software to recruit top talent, conduct performance reviews, and provide on-demand training through a built-in learning management system. It is specifically designed for mid-market organizations that need to move away from disconnected spreadsheets and manual processes. By centralizing your data, you gain real-time insights into labor costs and employee engagement to make better business decisions.
Pulley
Pulley is a dedicated equity management platform designed to help you navigate the complexities of ownership from your first hire to your exit. Instead of messy spreadsheets, you get a single source of truth for your cap table, allowing you to issue shares, track vesting schedules, and manage option pools with total precision.
You can model future fundraising rounds to see exactly how new investments will impact your ownership and dilution. The platform also automates critical compliance tasks like 409A valuations and Rule 701 tracking, ensuring you stay audit-ready as you scale. Whether you are a founder at the seed stage or a CFO at a late-stage company, Pulley simplifies the legal and financial hurdles of equity.
Overview
Paylocity Features
- On-Demand Pay Give your employees early access to their earned wages so they can manage unexpected expenses without financial stress.
- Community Social Hub Create a central space where you can share company news, recognize achievements, and foster collaboration across your entire organization.
- Automated Payroll Run your payroll accurately and quickly with automated tax filings, direct deposits, and compliance updates that sync with your time data.
- Mobile App Empower your team to clock in, view pay stubs, and request time off directly from their smartphones at any time.
- Learning Management Assign and track mandatory compliance training or professional development courses to keep your workforce skilled and compliant.
- Recruiting & Onboarding Post jobs to multiple boards and transition new hires into your system automatically with digital paperwork and welcome tasks.
Pulley Features
- Cap Table Management. Maintain a real-time, cloud-based record of your company ownership that updates automatically as you issue new securities.
- Fundraising Modeling. Run 'what-if' scenarios to visualize how future investment rounds and SAFEs will impact your dilution and share price.
- Digital Security Issuance. Issue stock options, RSUs, and certificates digitally to employees and investors with built-in legal workflows and signatures.
- Automated 409A Valuations. Get audit-ready valuations quickly through the platform to stay compliant with IRS regulations without the typical manual headache.
- Employee Equity Portals. Give your team members their own login to view their vesting progress, exercise options, and understand the value of their equity.
- Compliance & Tax Tracking. Automate your 83(b) election tracking and Rule 701 disclosures to ensure you never miss a critical filing deadline.
Pricing Comparison
Paylocity Pricing
Pulley Pricing
- Up to 25 stakeholders
- Unlimited SAFEs and side letters
- Basic cap table management
- Onboarding support
- Data migration from spreadsheets
- Everything in Seed, plus:
- Up to 40 stakeholders
- Standard 409A valuation included
- Fundraising modeling tools
- Exercise and tax tracking
- Equity grant workflows
Pros & Cons
Paylocity
Pros
- Highly customizable reporting for complex data needs
- Excellent mobile app experience for remote employees
- Strong social engagement features improve company culture
- Unified database eliminates redundant data entry tasks
- Regular updates based on user feature requests
Cons
- Initial implementation process can be time-consuming
- Customer support response times vary during peak seasons
- Learning curve for advanced reporting modules
Pulley
Pros
- Extremely fast and responsive customer support team
- Intuitive interface compared to legacy equity platforms
- Quick turnaround times for 409A valuations
- Easy onboarding process for new employees
Cons
- Pricing can jump significantly between tier levels
- Advanced reporting features require higher-tier plans
- Limited international support for certain tax jurisdictions