Paylocity offers a cloud-based payroll and HR software solution that aims to provide the benefits of both in-house and outsourced options without the drawbacks. It allows for customization like an in-house solution but also provides expert support services. Paylocity is committed to both developing intuitive software features through a software-focused team and providing dedicated service support to clients. The goal is to help elevate payroll and HR from backroom functions to strategic, valued roles within organizations.