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Paycom

Score7.6 out of 10

755 Reviews and Ratings

What is Paycom?

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.

Media

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.
IWant, which is a command-driven AI engine in a single database, for instant access to employee data.
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.

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Top Performing Features

  • Direct deposit files

    Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.

    Category average: 8.6

  • View and generate pay and benefit information

    Employees can view pay and benefit data and print pay stubs.

    Category average: 8.3

  • Update personal information

    Employees can update personal profile with change of address, dependents, or other personal data.

    Category average: 8.3

Areas for Improvement

  • Tracking of all physical assets

    Tracking of track laptops, pagers, phones, and other company equipment.

    Category average: 8.2

  • Line-of sight-visibility

    Line-of-sight visibility is the provision of line-of sight visibility for each goal to see how goals support overall corporate objectives.

    Category average: 7.6

  • Corporate goal setting

    Corporate goal setting is the ability to define corporate goals, and/or vision statements in the system.

    Category average: 7.7

Best Product Ever

Use Cases and Deployment Scope

This is test review, don't consider usage

Pros

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Cons

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Return on Investment

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Good

Use Cases and Deployment Scope

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Pros

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Cons

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Return on Investment

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Other Software Used

Agile Hive - SAFe in Jira

Paycom review.

Use Cases and Deployment Scope

We use Paycom as our HRIS and payroll processing company. We use Paycom for all tax processing, leave management, and benefit management. They process our WOTC and accruals. We utilize the report writer function to process benefits payments, track points and time for hourly employees, and manage other HR tasks. We use Paycom for all our needs except our learning management system.

Pros

  • Process our payroll.
  • Organize our leave management.
  • Applicant processes through the applicant tracking.
  • Reporting for accruals.

Cons

  • Getting your specific benefit specialist on calls.

Return on Investment

  • Reduced time using leave management.
  • I want to be helpful for fewer employee questions.

Alternatives Considered

ADP Enterprise HR

Other Software Used

Lexis for Microsoft Office

Check out Paycom for all your HRIS needs

Use Cases and Deployment Scope

We use Paycom for applicant tracking, HRIS, performance reviews, payroll and timekeeping. Pretty much everything Paycom offers.

Pros

  • Storing data

Cons

  • Performance reviews are a challenge
  • Onboarding is always changing, frustrating
  • Not all updates are appreciated

Return on Investment

  • Time saved with multiple office locations
  • Ease of transfer of ees between offices

Alternatives Considered

Paycor

Paycom Is an Excellent Choice for HR Management

Use Cases and Deployment Scope

Paycom is a one-stop shop for all things HR related. It simplifies many HR activities by placing them in a single place. It's interface is intuitive and user friendly, and the app is real handy for employees to manage time, approve their time, request time off, manage benefits, etc. Obtaining and keeping records of required employee acknowledgements, training, and other activities can also easily be managed in Paycor.

Pros

  • Manages employee time card, and approvals
  • Manages employee time off requests and absence tracking
  • Manages any required documents for authentication by the employee
  • Has intuitive dashboards that are customizable for Management

Cons

  • The app is great, but not all functions of Paycom are available in it.
  • Making the initial landing page a little more user friendly would be helpful, but overall it's great

Return on Investment

  • The time saved on payroll is huge. Employee ability to interact through the app for payroll adjustments, approvals, etc. is a real satisfier for me.
  • The ability to track employee compliance with mandatory tasks, the ability to send out a notification or message to the employee is another huge ROI for me.
  • Managing employee onboarding is so much easier. We are able track all functions/interactions and see where an employee is in regard to onboarding.

Alternatives Considered

Paycor

Other Software Used

HealthStream Learning Management System, SAP Concur