{"id":949526,"date":"2026-04-07T10:01:59","date_gmt":"2026-04-07T14:01:59","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/paylocity-acquires-grayscale-to-expand-ai-powered-recruiting-capabilities\/"},"modified":"2026-04-07T10:01:59","modified_gmt":"2026-04-07T14:01:59","slug":"paylocity-acquires-grayscale-to-expand-ai-powered-recruiting-capabilities","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/paylocity-acquires-grayscale-to-expand-ai-powered-recruiting-capabilities\/","title":{"rendered":"Paylocity Acquires Grayscale to Expand AI-Powered Recruiting Capabilities"},"content":{"rendered":"

\nThe acquisition brings intelligent AI-driven automation to high-volume recruiting, helping organizations engage candidates earlier and accelerate hiring
\n<\/h2>\n
\n

SCHAUMBURG, Ill., April 07, 2026 (GLOBE NEWSWIRE) — Paylocity (NASDAQ: PCTY), a leading provider of HCM, Finance, and IT solutions, today announced the acquisition of Grayscale Labs, Inc. (\u201cGrayscale\u201d), an AI-powered recruiting automation company that helps businesses hiring at scale move faster without compromising quality.<\/p>\n

As expectations for speed, responsiveness, efficiency, and candidate experience continue to rise, high-volume hiring has become increasingly complex. Delays between recruiting steps can slow momentum and lead candidates to withdraw.<\/p>\n

Grayscale expands Paylocity\u2019s recruiting capabilities with AI-powered recruiting automation that helps employers engage candidates earlier and move faster through time-sensitive hiring workflows\u2014while keeping hiring decisions firmly in the hands of recruiters and hiring managers. The platform helps organizations keep pace with the ongoing hiring demands of high\u2011volume, high\u2011turnover workforces without sacrificing quality or control.<\/p>\n

\u201cWe\u2019re continuing to invest in AI to simplify one of the most time-consuming aspects of work \u2014hiring\u2014for both employers and candidates,\u201d said Toby Williams, President and CEO of Paylocity. \u201cGrayscale helps teams respond faster, maintain stronger candidate engagement, and focus on selecting the right talent.\u201d<\/p>\n

The acquisition reflects Paylocity\u2019s broader strategy to embed AI across its platform, delivering intelligence within core workflows spanning HR, Finance, and IT. By extending these capabilities into talent acquisition, Paylocity is accelerating hiring processes and applying AI where speed and candidate experience drive success.<\/p>\n

Paylocity does not expect the acquisition of Grayscale to have a material impact on fourth quarter or fiscal 2026 financial results. Paylocity will update financial guidance in the normal course of business in its third quarter fiscal 2026 earnings release.<\/p>\n

\n About Paylocity<\/strong>\n <\/p>\n

Headquartered in Schaumburg, IL, Paylocity (NASDAQ: PCTY) is an award-winning provider of HCM, Finance, and IT software solutions. Paylocity offers one unified, easy\u2011to\u2011use platform that helps businesses across HR, Finance, and IT streamline operations, manage spend and talent, and build culture and connection\u2014with AI embedded directly into everyday workflows to save time, reduce manual effort, and support better decisions. Known for its unique culture and consistently recognized as one of the best places to work, Paylocity accompanies its clients on the journey to create great workplaces and help all employees achieve their best. For more information, visit www.paylocity.com<\/a>.<\/p>\n

\n Media Contact<\/strong>\n <\/p>\n

Nicole Andergard Reddy
nreddy@paylocity.com<\/a>\u00a0
503-855-7385<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

The acquisition brings intelligent AI-driven automation to high-volume recruiting, helping organizations engage candidates earlier and accelerate hiring SCHAUMBURG, Ill., April 07, 2026 (GLOBE NEWSWIRE) — Paylocity (NASDAQ: PCTY), a leading provider of HCM, Finance, and IT solutions, today announced the acquisition of Grayscale Labs, Inc. (\u201cGrayscale\u201d), an AI-powered recruiting automation company that helps businesses hiring at scale move faster without compromising quality. As expectations for speed, responsiveness, efficiency, and candidate experience continue to rise, high-volume hiring has become increasingly complex. Delays between recruiting steps can slow momentum and lead candidates to withdraw. Grayscale expands Paylocity\u2019s recruiting capabilities with AI-powered recruiting automation that helps employers engage candidates earlier and move faster through time-sensitive hiring workflows\u2014while keeping hiring decisions firmly in the … <\/p>\n

Continue reading “Paylocity Acquires Grayscale to Expand AI-Powered Recruiting Capabilities”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-949526","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPaylocity Acquires Grayscale to Expand AI-Powered Recruiting Capabilities - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/paylocity-acquires-grayscale-to-expand-ai-powered-recruiting-capabilities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Paylocity Acquires Grayscale to Expand AI-Powered Recruiting Capabilities - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"The acquisition brings intelligent AI-driven automation to high-volume recruiting, helping organizations engage candidates earlier and accelerate hiring SCHAUMBURG, Ill., April 07, 2026 (GLOBE NEWSWIRE) — Paylocity (NASDAQ: PCTY), a leading provider of HCM, Finance, and IT solutions, today announced the acquisition of Grayscale Labs, Inc. (\u201cGrayscale\u201d), an AI-powered recruiting automation company that helps businesses hiring at scale move faster without compromising quality. As expectations for speed, responsiveness, efficiency, and candidate experience continue to rise, high-volume hiring has become increasingly complex. Delays between recruiting steps can slow momentum and lead candidates to withdraw. 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