Float Resource Management vs. Paycom

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Float Resource Management
Score 6.2 out of 10
N/A
Float is a resource management software that helps users to keep projects profitable, workloads sustainable, and distributed teams in sync. It offers a live view of a team’s capacity, utilization rates, and skills so that users can assign the best person for the job and keep project work on track.
$6
per month per user
Paycom
Score 7.5 out of 10
N/A
Paycom supports HR and payroll with automated, employee-first technology that supports every stage of employment. Its single database enables seamless data management, to reduce errors, endless data entry and time-consuming administrative tasks.N/A
Pricing
Float Resource ManagementPaycom
Editions & Modules
Starter
$6
per month per user
Pro
$10
per month per user
Enterprise
Contact Sales
No answers on this topic
Offerings
Pricing Offerings
Float Resource ManagementPaycom
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Float Resource ManagementPaycom
Features
Float Resource ManagementPaycom
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Float Resource Management
-
Ratings
Paycom
7.9
Ratings
1% above category average
Employee demographic data00 Ratings9.00 Ratings
Employment history00 Ratings8.60 Ratings
Job profiles and administration00 Ratings8.20 Ratings
Workflow for transfers, promotions, pay raises, etc.00 Ratings7.20 Ratings
Organizational charting00 Ratings7.40 Ratings
Organization and location management00 Ratings7.60 Ratings
Compliance data (COBRA, OSHA, etc.)00 Ratings7.30 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Float Resource Management
-
Ratings
Paycom
8.1
Ratings
2% above category average
Pay calculation00 Ratings9.10 Ratings
Support for external payroll vendors00 Ratings6.40 Ratings
Off-cycle/On-Demand payment00 Ratings8.70 Ratings
Benefit plan administration00 Ratings8.00 Ratings
Direct deposit files00 Ratings9.80 Ratings
Salary revision and increment management00 Ratings7.20 Ratings
Reimbursement management00 Ratings7.30 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Float Resource Management
-
Ratings
Paycom
7.7
Ratings
4% below category average
Approval workflow00 Ratings7.90 Ratings
Balance details00 Ratings7.50 Ratings
Annual carry-forward and encashment00 Ratings7.80 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Float Resource Management
-
Ratings
Paycom
8.9
Ratings
10% above category average
View and generate pay and benefit information00 Ratings9.80 Ratings
Update personal information00 Ratings9.60 Ratings
View company policy documentation00 Ratings8.70 Ratings
Employee recognition00 Ratings7.30 Ratings
View job history00 Ratings8.90 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Float Resource Management
-
Ratings
Paycom
4.9
Ratings
49% below category average
Tracking of all physical assets00 Ratings4.90 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Float Resource Management
-
Ratings
Paycom
6.7
Ratings
11% below category average
Report builder00 Ratings7.20 Ratings
Pre-built reports00 Ratings7.20 Ratings
Ability to combine HR data with external data00 Ratings5.80 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
Float Resource Management
-
Ratings
Paycom
7.8
Ratings
1% below category average
New hire portal00 Ratings8.00 Ratings
Manager tracking tools00 Ratings7.60 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
Float Resource Management
-
Ratings
Paycom
5.6
Ratings
34% below category average
Corporate goal setting00 Ratings4.20 Ratings
Individual goal setting00 Ratings6.90 Ratings
Line-of sight-visibility00 Ratings4.80 Ratings
Performance tracking00 Ratings6.20 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
Float Resource Management
-
Ratings
Paycom
7.1
Ratings
10% below category average
Performance plans00 Ratings7.50 Ratings
Performance improvement plans00 Ratings7.10 Ratings
Review status tracking00 Ratings7.60 Ratings
Review reminders00 Ratings7.20 Ratings
Multiple review frequency00 Ratings6.10 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
Float Resource Management
-
Ratings
Paycom
6.8
Ratings
14% below category average
Create succession plans/pools00 Ratings9.10 Ratings
Candidate ranking00 Ratings6.80 Ratings
Candidate search00 Ratings5.80 Ratings
Candidate development00 Ratings5.40 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Float Resource Management
-
Ratings
Paycom
5.8
Ratings
29% below category average
Job Requisition Management00 Ratings5.90 Ratings
Company Website Posting00 Ratings5.30 Ratings
Publish to Social Media00 Ratings4.90 Ratings
Job Search Site Posting00 Ratings5.30 Ratings
Duplicate Candidate Prevention00 Ratings6.30 Ratings
Applicant Tracking00 Ratings5.40 Ratings
Notifications and Alerts00 Ratings7.20 Ratings
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Float Resource ManagementPaycom
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Score 9.5 out of 10
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Score 7.0 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.7 out of 10
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Score 8.4 out of 10
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Score 9.9 out of 10
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User Ratings
Float Resource ManagementPaycom
Likelihood to Recommend
10.0
(0 ratings)
8.0
(0 ratings)
Likelihood to Renew
-
(0 ratings)
8.9
(0 ratings)
Usability
10.0
(0 ratings)
9.1
(0 ratings)
Availability
-
(0 ratings)
9.1
(0 ratings)
Performance
-
(0 ratings)
9.1
(0 ratings)
Support Rating
10.0
(0 ratings)
9.1
(0 ratings)
In-Person Training
-
(0 ratings)
6.4
(0 ratings)
Online Training
-
(0 ratings)
9.1
(0 ratings)
Implementation Rating
-
(0 ratings)
8.2
(0 ratings)
Configurability
-
(0 ratings)
9.1
(0 ratings)
Ease of integration
-
(0 ratings)
5.5
(0 ratings)
Product Scalability
-
(0 ratings)
9.1
(0 ratings)
Vendor post-sale
-
(0 ratings)
9.0
(0 ratings)
Vendor pre-sale
-
(0 ratings)
9.0
(0 ratings)
User Testimonials
Float Resource ManagementPaycom
Likelihood to Recommend
I would definitely recommend everyone to use Float, It's easy and friendly to use. Performance-wise as well it is great. Really helps in streamline and scheduling resources and their utilization. Its reporting feature is great, Shows all projects for a particular resource or all resources for a particular project. It's a go-to tool for management.
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It's very mobile friendly, especially for people that aren't tech savvy. We have an aged workforce where we were really concerned about how they would adapt, going from the comfort of using paper to a mobile and online application. But the training was really easy and the adaptation has been simple for us as a company.
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Pros
  • Assigning task
  • Maintaining Holidays
  • Reports on Project or resource
Read full review
  • I think that it's just really user friendly on both sides, the employer and the employee side. I think from the employer side, once you get a niche of it and how it works, it's really easy to troubleshoot on your own. At least from my experience, you rarely have to call your contact because it's just so easy to try to figure out on your own. And on the employee side, I feel like the fact that we get to see what employees see, but before we put anything out really helps us help them if they are running into any issues. But typically when we do send something out, we just did our performance reviews, no issues whatsoever. It kind of takes you step by step. I feel like it just does a really good job of seamlessly taking people step by step in every process throughout whatever they're doing in Paycom.
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Cons
  • More mobile friendly
  • Scrolling through x and y dimension is bit confusing
  • I have been using Float for a long time and no more cons I can think of.
Read full review
  • We wish that Paycom would offer more hands-on help. A lot of our specialist is great in helping us to resolve whatever issues that we have. However, it's just a list of steps to get there. It's not necessarily like, "hey, here you go, here's the resolution to your problem." So if we don't already understand how to do something, providing steps doesn't necessarily clear that understanding up or provide any clarification.
  • Additionally, I find that for our organization in particular, we have specific niches within it that Paycom doesn't really address or has any solution on how to address it. It just remains unresolved to this day and we continue to have errors in that area.
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Likelihood to Renew
No answers on this topic
Because it has everything that we need and as we grow, we are learning how robust Paycom can actually be but we need to be willing to spend the money. It's not expensive but we, as a company, are not used to spending that much on a system for HR and payroll.
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Usability
Float is great for Project management and resource management. It is helping us work more effectively. It's a great planning tool. Smooth to understand and start working on. It has great integration with Slack, Google calendar. It has made Assigning and scheduling very easy for future projects with time management. Reporting is very easy and data extraction is too. It is also good in monitoring weekly/monthly and quarterly allocation of resources
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The interface is very intuitive, you can navigate it pretty well. Everything's pretty much spelled out and the features just flow really well. They make it easy for you to go back and forth with the UX/UI type of interface. So I think it was built pretty well.
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Reliability and Availability
No answers on this topic
They are very dependable and I have never experience any outages
Read full review
Performance
No answers on this topic
Yes, Paycom's performance is excellent, no issues.
Read full review
Support Rating
Float helps in planning upcoming projects and helps in availability management for the resource to be able to assign. The creation of resources with roles helps in assigning and formulation a proper team for a project. It shows us the capacity and work hours of resources and helps us in leave management as well as scheduling time off. Teams utilization is been made very convenient by this tool.
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Our TSR has been wonderful to work with. Every step of the
way he was quick to respond and answer any questions we had. I knew I could
reach him at any time (day or night) and he would be available to assist.
Implementing a new HRIS system is obviously a huge task and I contribute all
our success to our rep Kurt! Of course, with any implementation, there were
bumps along the way and issues. But I always knew we would work as a team to
get those issues figured out. Working in the Paycom system has been smooth and
easy to learn and I enjoy the employee self-service interface. Our managers
have had positive things to say and are all excited about the changes we have
been able to make to our organization due to Paycom being implemented.
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In-Person Training
No answers on this topic
They were a sales person and not really a good trainer.
Read full review
Online Training
No answers on this topic
It was good, but hard to know what questions you need to ask until you actually get in there and start working with a live product. But Paycom is also very helpful every time I call and can't figure something out. Nathan has been very friendly and helpful no matter what I call him about. He is always eager to help out.
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Implementation Rating
No answers on this topic
Not at all satisfied it was a nightmare we spent over 8 months with the implementation team having issues after issues all related to the Puerto Rico regulations (half my employees are in Puerto Rico) and at the end we were moved over from the implementation team to the production team without all the issues being resolved
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Alternatives Considered
No answers on this topic
We really only had Paychecks and that was our biggest problem is that with several different companies, it was very hard If you had a salary employee and didn't terminate them in the prior company, they get paid twice, so this has really been definitely a big help for us.
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Scalability
No answers on this topic
Paycom is very user friendly
Read full review
Return on Investment
  • Float supports many integration
  • Easy to assign and divide tasks
  • Great project planning tool
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  • I would think the most time would come from applicant tracking and I don't think that's a Paycom issue necessarily. I think it was a training issue during implementation. I would say that that has improved now that we had onsite training. But initially the applicant tracking piece can be difficult when you're used to just using an ATS. That's specifically for talent acquisition because there's a lot of nuances that goes into the system that Paycom bills.
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ScreenShots

Paycom Screenshots

Screenshot of a new study that reveals that for a composite organization representative of interviewed clients, unifying HR and payroll in a single-database software with automation and streamlined workflows achieved a three-year 362% ROI and resulted in: $1.4M net present value*; over 45% total time saved by HR; 80% time saved on compliance work.Screenshot of IWant, which is a command-driven AI engine in a single database, for instant access to employee data.Screenshot of Direct Data Exchange®, which takes a detailed pulse of how employees interact with Paycom. It automatically assigns a dollar value of savings based on Ernst & Young research.