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Paylocity VS Splitit

Compare Paylocity VS Splitit and see what are their differences

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Contents:
  1. ยป Base Details
  2. ยป Videos
  3. ยป Reviews
  4. ยป Alternatives

Paylocity logo Paylocity

Paylocity has revolutionized the industry and has quickly become the leading independent provider of online payroll services and HR solutions.

Splitit logo Splitit

Splitit is a solution that enables consumers to pay for their Retail or Web purchases using their existing credit cards and divide the total cost across as many interest-free payments as they choose, without completing a credit application or qualifโ€ฆ
  • Paylocity Landing page
    Landing page //
    2023-07-06
  • Splitit Landing page
    Landing page //
    2023-09-24

Paylocity features and specs

  • User-Friendly Interface
    Paylocity offers an intuitive and easy-to-navigate interface which enhances user experience and reduces the learning curve for new users.
  • Comprehensive HR Solutions
    It provides a wide range of HR solutions including payroll, benefits administration, time tracking, and talent management, which can streamline many HR processes.
  • Customizable Reporting
    The platform allows for extensive and customizable reporting features, which can help businesses generate insightful data to make informed decisions.
  • Mobile Accessibility
    Paylocity offers a mobile app that enables employees and HR professionals to access necessary functions and information on-the-go.
  • Customer Support
    The platform is known for its responsive and helpful customer support, allowing users to resolve issues and get assistance promptly.

Possible disadvantages of Paylocity

  • Pricing
    Paylocity can be more expensive than some of its competitors, which might be a constraint for smaller businesses with tight budgets.
  • Complex Setup Process
    Initial setup and configuration can be time-consuming and complex, potentially requiring dedicated resources to get everything running smoothly.
  • Integration Limitations
    Although Paylocity offers various integration options, some users have reported limitations and difficulties in integrating with certain third-party applications.
  • Slower Processing Times
    Some users have noted that payroll and other processes can sometimes be slower compared to other platforms.
  • Limited Customization
    While it offers customizable reporting, some users feel other customization options within the platform are limited.

Splitit features and specs

  • Interest-Free Payments
    Splitit allows customers to pay in installments without charging any interest, making it an attractive option for those looking to spread costs over time.
  • No Credit Check
    Splitit does not require a credit check to use its services, which can be beneficial for individuals who have a limited credit history or want to avoid impacting their credit score.
  • Easy Integration
    For merchants, Splitit offers easy and seamless integration with their existing payment systems, allowing them to offer flexible payment options to customers without significant technical overhead.
  • Increase in Sales
    By offering a payment plan, Splitit can potentially increase sales for merchants as customers are more likely to make larger purchases when they can spread out payments.

Possible disadvantages of Splitit

  • Credit Card Requirement
    Customers must have a credit card with sufficient available credit to cover the full amount of the purchase, which might restrict some users from using the service.
  • Hold on Credit Amount
    While using Splitit, the customer's credit card will have a hold placed on the full amount of the purchase, potentially reducing their available credit.
  • Limited Market Presence
    Splitit's availability might be limited depending on the region, meaning not all merchants or customers can access its services globally.
  • Dependence on Card Issuers
    The service's operation depends on agreements with card issuers and networks, which may create dependency issues if partnerships change or end.

Analysis of Paylocity

Overall verdict

  • Overall, Paylocity is considered a good platform for companies seeking to enhance their HR and payroll capabilities. However, as with any software, its effectiveness can vary based on specific organizational needs and implementation strategies.

Why this product is good

  • Paylocity is a notable platform in the human capital management space, offering comprehensive payroll and HR solutions that cater to the needs of small to medium-sized businesses. The software is acclaimed for its robust features, user-friendly interface, and strong customer support. In addition, its services help streamline payroll processing, enhance benefits administration, and improve time and labor management.

Recommended for

  • Small to medium-sized businesses looking for a comprehensive HR and payroll solution.
  • Organizations seeking an integrated platform to manage their workforce efficiently.
  • Companies that value robust customer support and user-friendly interfaces in their HR tech stack.

Analysis of Splitit

Overall verdict

  • Splitit is considered a good option for those looking to split payments without taking on additional debt or interest. The service can be especially appealing to consumers who want to budget for larger purchases without impacting their credit rating. However, it's important to ensure that the merchant you're purchasing from supports Splitit.

Why this product is good

  • Splitit offers a unique payment solution that allows consumers to pay for purchases over time using their existing credit cards, without incurring interest or fees. This can be beneficial for managing cash flow and making larger purchases more affordable. Additionally, because Splitit's method doesn't involve opening a new line of credit, it avoids affecting the user's credit score.

Recommended for

  • Consumers who prefer interest-free payment plans
  • Individuals looking to manage cash flow efficiently
  • Shoppers who want to avoid impacting their credit score
  • People making larger purchases who prefer to spread the cost over time

Paylocity videos

+ Add

Paylocity Product FY19 Release Highlights

More videos:

  • Review - Paylocity Employee Reviews - Q3 2018
  • Review - Paylocity FY18 Year in Review

Splitit videos

+ Add

SPLITIT GOES GLOBAL WITH MASTERCARD DEAL ๐Ÿ’ณ

More videos:

  • Review - 3 PROBLEMS with buy now pay later. Afterpay, Zip Pay, Splitit etc.
  • Review - How Does Splitit Work for Shoppers?

Category Popularity

0-100% (relative to Paylocity and Splitit)

Paylocity

Splitit

HR
100 100%
HR
0% 0
Online Payments
0 0%
Online Payments
100% 100
HR Tools
100 100%
HR Tools
0% 0
Business & Commerce
0 0%
Business & Commerce
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Paylocity and Splitit

Paylocity Reviews

Best Rippling alternatives (2026): tested picks by use case
I only score tools Iโ€™ve tested with my own account, so this list splits in two. Gusto, Deel, Breezy HR and Manatal carry tested verdicts from their own reviews; the full process is documented in how WiserStaff tests tools. BambooHR, Paylocity and Workday are credible candidates I havenโ€™t run, so they appear without scores or invented prices. Affiliate links are disclosed...
Source: wiserstaff.com
PeopleSoft Alternatives: 10 Modern HRIS Solutions for Every Business Size
Paylocity stands out for its comprehensive set of services tailored to the mid-market. It offers a spectrum of features including payroll, benefits management, and talent acquisition within a user-friendly platform. This modern HR software is noted for balancing functionality with cost-effectiveness, making it a practical choice for businesses looking for a full-suite HRIS.
Source: www.outsail.co
Top 6 Paylocity alternatives and competitors (in-depth comparison)
While Paylocity markets itself to companies of all sizes, it mostly caters to large organizations. That means it includes features like benefits management and compensation tools that small businesses with hourly teams wonโ€™t need. All these different features make the software more demanding to use. And because Paylocity has a steeper learning curve, it can lead users to...
Source: www.joinhomebase.com
The best 6 Paylocity competitors
Unlike Paylocity, which focuses on payroll automation, Rippling goes beyond payroll automation, offering customizable workflows across your entire HR, IT, and finance functions. With access to data from three key sectors, Rippling also offers a much more advanced reporting and analytics functionality than Paylocity. Where Paylocity offers 12 template reports, Rippling has...
Source: www.rippling.com
Top 6 UKG Competitors and Alternatives
Paylocityโ€™s module-based pricing structure lets you purchase features that are right for your organization. For example, you can mix and match payroll, talent management and worker surveys. This flexibility makes it excellent for growing companies seeking straightforward yet scalable HR solutions.
Source: www.techrepublic.com

Splitit Reviews

We have no reviews of Splitit yet.
Be the first one to post

Social recommendations and mentions

Based on our record, Paylocity seems to be more popular. It has been mentiond 2 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Paylocity mentions (2)

  • Best way to get all IPs of a tool/service
    Create the FQDN entry as paylocity.com (or whatever domain they use) and confirm it is resolved to an IP by the Gate. It may take a minute to update after creation. Source: over 5 years ago
  • Best way to get all IPs of a tool/service
    HR has a payroll tool that is randomly having issues. I am almost positive it's the deep SSL inspection. I want to whitelist it but not sure if I should do the domain name paylocity.com or if I should try to get it's IPs. Source: over 5 years ago

Splitit mentions (0)

We have not tracked any mentions of Splitit yet. Tracking of Splitit recommendations started around Mar 2021.

What are some alternatives?

When comparing Paylocity and Splitit, you can also consider the following products

Workday - Workday is an onโ€‘demand financial management and human capital management software solution.

Sezzle - Sezzle is a digital payment platform designed to help shoppers manage their financial futures with great ease.

UKG - UKG Pro is one of the powerful, global human capital management solutions like global workforce management, flexible or seamless human resource management that drive the growth of your in an appropriate business way.

Klarna - Klarna provides e-commerce payment solutions for merchants and shoppers.

Paychex - Are you in need of payroll services, HR services, 401(k) and benefits administration, or more? No matter the size of your business, Paychex can help.

PayPal Credit - PayPal Credit provides financing options to businesses.

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