DEFINITION of 'Chief Technology Officer-CTO'. An executive who is responsible for the management of an organization's research and development (R&D) and technological needs. chief technology officer (CTO) examines the short-and long-term needs of an organization, and utilizes capital to make investments designed to help the organization reach its objectives. The CTO usually reports directly the chief executive officer (CEO) of the firm. Next Up.
About Paylocity. Paylocity is a provider of cloud-based payroll and human capital management, or HCM, software solutions for medium-sized organizations. Paylocityâs comprehensive and easy-to-use solutions enable its clients to manage their workforces more effectively.
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