Paylocity Unveils Elevate Solutions, a Managed Payroll and HR Service to Expand Revenue

PCTY
April 21, 2026

Paylocity Holding Corporation announced on April 21 2026 the launch of Elevate Solutions, a new suite that pairs its unified HCM, finance, and IT platform with dedicated payroll and HR operational teams.

Elevate Solutions offers implementation support and ongoing payroll and HR operations, allowing clients to outsource routine administrative tasks while the company’s experts act as an extension of the client’s own teams.

The service is part of Paylocity’s broader strategy to expand beyond core HCM, adding a new recurring revenue stream that complements recent acquisitions such as Airbase and the AI‑powered recruiting platform Grayscale.

Paylocity’s Q2 2026 revenue of $416.1 million, up 10.4 % year‑over‑year, and Q1 2026 revenue of $408.2 million, up 12 % year‑over‑year, illustrate the company’s momentum driven by strong sales, operational execution, and product differentiation. Elevate Solutions is expected to accelerate recurring revenue growth and deepen client relationships.

Toby Williams, President and CEO, said, “Elevate Solutions reflects that experience by combining our payroll and HR platform with deep, hands‑on operational expertise with full payroll and HR administrative support—giving clients a scalable way to grow without adding staff and giving payroll and HR leaders the capacity to focus on the most strategic parts of their job.”

By offering managed payroll and HR operations, Paylocity differentiates itself from competitors that only provide software, appealing to small and medium‑sized businesses that lack internal resources. The partnership model also creates cross‑sell opportunities for other Paylocity products, reinforcing the company’s platform strategy.

Customer feedback underscores the value of the service. Mystie Fletcher, Practice Manager at Grossman Wellness Center, noted, “Early on with Elevate Solutions, we felt immediate relief and gained time back to focus on running our business.”

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