Paylocity to unify HR and Finance

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Paylocity recently announced plans to acquire finance and spend management software provider, Airbase. The move will integrate Airbase’s procure-to-pay functionality with Paylocity’s HCM platform, offering customers a more unified point of access to organizational spend, from payroll to expense management, procurement, and accounts payable. As the greater trend of software consolidation across various Software-as-a-Service (SaaS) markets continues its traction, Nucleus expects the acquisition of Airbase to enable Paylocity customers to retire poorly connected tools and reduce costs and complexity. This can lead to subsequent improvements to the standardization of an organization’s payment processes, data visibility, and productivity across HR and finance teams.

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