Paylocity

Cloud Payroll Data for Smarter Funding

Paylocity is a leading cloud-based payroll and human capital management platform trusted by mid-market businesses. When you connect Paylocity to Founderpath, your payroll data provides essential context about operating costs, team investment, and growth trajectory that financial statements alone cannot capture.

What Paylocity Metrics Matter for Funding

When you authorize the Paylocity connection, Founderpath analyzes company-level payroll data:

• Total payroll expense and month-over-month trends
• Headcount and team growth trajectory
• Payroll run consistency and frequency
• Department distribution and hiring patterns
• Compensation ranges (aggregate, not individual)

We do not access individual employee salaries, SSNs, benefits elections, or personal details.

How the Paylocity Connection Works

Step 1: Authorize Paylocity

Click "Connect Paylocity" in your Founderpath dashboard. Log in to Paylocity and grant read-only access to company-level payroll data.

Step 2: Automatic Data Import

We pull aggregate payroll metrics including headcount, total payroll, and department distribution. Authorization and import complete within minutes.

Step 3: Combined Analysis

See how Paylocity workforce data complements your revenue and financial metrics for a complete funding picture.

Who Benefits from Paylocity Integration

Mid-Market Companies

Paylocity is popular with mid-market businesses. If you have 50-1,000 employees, payroll data demonstrates significant operational scale and team investment.

Companies Scaling Rapidly

If your hiring is accelerating, Paylocity data shows the investment in capacity building. Team growth velocity is a leading indicator of revenue growth.

Service and Professional Firms

For businesses where payroll dominates operating expenses, Paylocity data clarifies burn rate composition and operational efficiency.

Paylocity + Other Data Sources

Paylocity payroll data is most valuable alongside other integrations:

• Paylocity + Revenue: Team metrics combined with revenue from Stripe or billing platforms to calculate revenue per employee
• Paylocity + Accounting: Payroll detail from Paylocity plus P&L from QuickBooks or Xero validates payroll as percentage of expenses
• Paylocity + Bank: Payroll obligations from Paylocity alongside cash position from Plaid to assess payroll runway

Paylocity vs. Other Payroll Integrations

Connect whichever payroll system your company uses to add workforce context to your funding application.