Description
Paycom is a cloud-based human capital management (HCM) software provider that streamlines HR and payroll processes through a single database. Founded in 1998 and headquartered in Oklahoma City, Oklahoma, Paycom has been dedicated to simplifying payroll data access for employers and enhancing employee engagement. The platform supports organizations of all sizes across various industries, including education, healthcare, hospitality, manufacturing, retail, and transportation.
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The software automates the employee life cycle from recruitment to retirement, allowing employees to manage their own HR and payroll tasks. This full-solution automation reduces the burden of administrative tasks, enabling HR teams to focus on strategic initiatives. Paycom's command-driven AI engine, known as IWant, allows users to access employee data quickly and accurately, eliminating the need for extensive navigation.
Paycom's unique selling proposition lies in its truly single database architecture, which ensures seamless data flow and eliminates the risks associated with multiple systems. This design not only enhances data accuracy but also improves compliance and reduces the time spent on manual processes. Clients have reported significant ROI from using Paycom, with studies showing a projected three-year ROI of 362% for full-solution automation and up to 431% for command-driven AI.
Additionally, Paycom offers automated payroll features, such as Beti, which empowers employees to manage their payroll and correct errors before submission, cutting payroll processing time by 90%. The platform also includes automated time-off decision-making capabilities, ensuring that time-off requests are handled efficiently and reducing decision fatigue for HR teams.
With a commitment to security, Paycom employs industry-leading standards, including ISO certifications and SOC reports, to protect sensitive data. Their dedicated customer service ensures that clients receive personalized support throughout their journey with Paycom. Overall, Paycom stands out as a robust solution for organizations looking to enhance their HR and payroll processes while achieving significant cost savings and operational efficiencies.
- CategoryAI HR Management
- Pricing ModelCustom Pricing
- DeploymentCloud
- PlatformsWeb, Mobile
Paycom's Core Features
Full-solution automation
Single database architecture
Command-driven AI access
Automated payroll processing
Automated time-off decisions
Dedicated customer service
Robust security standards
Mobile-friendly interface
Customizable learning management system
Real-time ROI tracking
How to use Paycom?
Configure: Set up your HR and payroll processes in Paycom.
Manage: Allow employees to enter and manage their own HR and payroll data.
Automate: Utilize full-solution automation to streamline workflows.
Access: Use the IWant AI feature to quickly find employee data.
Monitor: Track payroll processing and time-off requests efficiently.
Engage: Leverage the learning management system for employee training.
Secure: Ensure data protection with Paycom's security features.
Paycom's Use Cases
- Payroll Management
- Employee Self-Service
- Time-Off Management
- Training and Development
- Data Security
