Paycor vs. SilkRoad Life Suite

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Paycor
Score 7.3 out of 10
N/A
Paycor provides core HR functions scaled towards small and mid-sized businesses. Paycor offers an integrated benefits platform for interfacing directly with insurance carriers and an adaptable time management platform.N/A
SilkRoad Life Suite
Score 8.0 out of 10
N/A
SilkRoad Life Suite is an integrated suite applications : OpenHire for recruiting, RedCarpet for onboarding and life events, WingSpan for performance management, GreenLight for learning management, Point and Eprise for Social Collaboration and Content Management, and HeartBeat for HRIS/HRMS.N/A
Pricing
PaycorSilkRoad Life Suite
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
PaycorSilkRoad Life Suite
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
PaycorSilkRoad Life Suite
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Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
PaycorSilkRoad Life Suite
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Paycor
7.9
293 Ratings
0% above category average
SilkRoad Life Suite
-
Ratings
Employee demographic data8.2249 Ratings00 Ratings
Employment history8.0264 Ratings00 Ratings
Job profiles and administration8.0250 Ratings00 Ratings
Workflow for transfers, promotions, pay raises, etc.7.4248 Ratings00 Ratings
Organizational charting7.9198 Ratings00 Ratings
Organization and location management7.8208 Ratings00 Ratings
Compliance data (COBRA, OSHA, etc.)7.7185 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Paycor
8.2
306 Ratings
2% above category average
SilkRoad Life Suite
-
Ratings
Pay calculation8.5297 Ratings00 Ratings
Support for external payroll vendors8.25 Ratings00 Ratings
Off-cycle/On-Demand payment8.3112 Ratings00 Ratings
Benefit plan administration7.5214 Ratings00 Ratings
Direct deposit files8.6294 Ratings00 Ratings
Salary revision and increment management8.0250 Ratings00 Ratings
Reimbursement management8.160 Ratings00 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Paycor
7.8
235 Ratings
4% below category average
SilkRoad Life Suite
-
Ratings
Approval workflow8.0212 Ratings00 Ratings
Balance details7.7228 Ratings00 Ratings
Annual carry-forward and encashment7.7190 Ratings00 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Paycor
8.1
292 Ratings
0% below category average
SilkRoad Life Suite
-
Ratings
View and generate pay and benefit information8.1270 Ratings00 Ratings
Update personal information8.4275 Ratings00 Ratings
View company policy documentation8.1203 Ratings00 Ratings
Employee recognition8.156 Ratings00 Ratings
View job history8.1232 Ratings00 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Paycor
8.2
94 Ratings
5% above category average
SilkRoad Life Suite
-
Ratings
Tracking of all physical assets8.294 Ratings00 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Paycor
6.8
260 Ratings
11% below category average
SilkRoad Life Suite
-
Ratings
Report builder6.8253 Ratings00 Ratings
Pre-built reports7.1253 Ratings00 Ratings
Ability to combine HR data with external data6.5168 Ratings00 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
Paycor
8.0
245 Ratings
0% below category average
SilkRoad Life Suite
5.8
2 Ratings
23% below category average
New hire portal8.2241 Ratings7.62 Ratings
Manager tracking tools7.7185 Ratings5.12 Ratings
Compliance tracking and reporting00 Ratings4.62 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
Paycor
7.8
113 Ratings
5% below category average
SilkRoad Life Suite
-
Ratings
Corporate goal setting7.844 Ratings00 Ratings
Individual goal setting7.6107 Ratings00 Ratings
Line-of sight-visibility7.986 Ratings00 Ratings
Performance tracking7.9106 Ratings00 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
Paycor
7.3
142 Ratings
9% below category average
SilkRoad Life Suite
-
Ratings
Performance plans7.4136 Ratings00 Ratings
Performance improvement plans7.2122 Ratings00 Ratings
Review status tracking7.1127 Ratings00 Ratings
Review reminders7.5126 Ratings00 Ratings
Multiple review frequency7.2107 Ratings00 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
Paycor
8.1
35 Ratings
2% above category average
SilkRoad Life Suite
-
Ratings
Candidate ranking8.230 Ratings00 Ratings
Candidate search8.034 Ratings00 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Paycor
8.3
138 Ratings
6% above category average
SilkRoad Life Suite
-
Ratings
Job Requisition Management8.2113 Ratings00 Ratings
Company Website Posting8.2120 Ratings00 Ratings
Publish to Social Media8.2103 Ratings00 Ratings
Job Search Site Posting8.2110 Ratings00 Ratings
Duplicate Candidate Prevention8.298 Ratings00 Ratings
Applicant Tracking8.3120 Ratings00 Ratings
Notifications and Alerts8.0127 Ratings00 Ratings
Best Alternatives
PaycorSilkRoad Life Suite
Small Businesses
Patriot Software
Patriot Software
Score 9.1 out of 10
Paycor
Paycor
Score 7.3 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.6 out of 10
Oracle Fusion Cloud HCM
Oracle Fusion Cloud HCM
Score 7.5 out of 10
Enterprises
Infor Human Resources
Infor Human Resources
Score 7.2 out of 10
Oracle Fusion Cloud HCM
Oracle Fusion Cloud HCM
Score 7.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
PaycorSilkRoad Life Suite
Likelihood to Recommend
7.3
(327 ratings)
6.0
(4 ratings)
Likelihood to Renew
9.8
(17 ratings)
2.0
(1 ratings)
Usability
7.8
(295 ratings)
6.5
(2 ratings)
Availability
10.0
(3 ratings)
-
(0 ratings)
Performance
10.0
(3 ratings)
2.0
(1 ratings)
Support Rating
5.2
(56 ratings)
-
(0 ratings)
In-Person Training
10.0
(1 ratings)
-
(0 ratings)
Online Training
9.3
(3 ratings)
-
(0 ratings)
Implementation Rating
9.1
(16 ratings)
-
(0 ratings)
Configurability
10.0
(3 ratings)
-
(0 ratings)
Ease of integration
5.0
(1 ratings)
-
(0 ratings)
Product Scalability
10.0
(3 ratings)
-
(0 ratings)
Vendor post-sale
10.0
(2 ratings)
-
(0 ratings)
Vendor pre-sale
10.0
(2 ratings)
-
(0 ratings)
User Testimonials
PaycorSilkRoad Life Suite
Likelihood to Recommend
Paycor, Inc
It's really great for us. Our payroll administrator retired and we decided to absorb that function within HR. Paycor takes care of the taxes and much of the extra details she had done previously allowing that transition to be possible. The software is easy to use and my managers have taken on more with timesheet review. If a company has really complex differentials it might not be ready for them, yet. We have one that I have to do manually but I'm hopeful they will be able to add it in soon!
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SilkRoad
SilkRoad Life is well suited for hiring new employees and bringing them onboard quickly.
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Pros
Paycor, Inc
  • Scheduling for management is well organized and easily visualized to ensure proper coverage while avoiding overtime or being over staffed.
  • Scheduling for the employees is user friendly. Employees can easily request and view their time off. They can also view their schedule along with their team's at any time.
  • Payroll is very streamlined. With scheduling and payroll in the same system, everything can be quickly verified for accuracy. All time sheets are kept within the system and then easily processed for payroll.
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SilkRoad
  • Working with the career portal team has been great, but a small piece of the puzzle.
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Cons
Paycor, Inc
  • Customer Service is atrocious. We've had 6 Customer Success Managers in less than 3 years-hard to develop any type of rhythm in addressing and solving problems. They also utilize a ticketing system to report issues, but there is little to no communication of when tickets are actually resolved and what the resolution was-requires a ton of prodding from the client to get answers to emails.
  • Integration with third party platforms (benefits for example) is also lacking. Issues are prevalent and take excessive time to resolve.
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SilkRoad
  • Access level could use some improvement for the users. i.e. limited documents tab access vs. eforms tab vs limited portal editing access.
  • Ability to give their administrators more access. i.e. manage and edit team members
  • Ability to give their administrators more access for control over paid e-forms
  • User friendlier way to upload regular documents.
  • Reporting!!!
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Likelihood to Renew
Paycor, Inc
The product is really good overall. The customer service is not the best and the benefits administration is kind of painful. However, the good outweighs the bad. We might get a different benefit admin system that can be integrated into Paycor. My controller doesn't want to switch anything for a [long] time.
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SilkRoad
Our HR Director is looking to go with another company.
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Usability
Paycor, Inc
Unfortunately, Paycor has a major system issue that in my opinion needs to totally be reconfigured. The benefit module is not accurate and does not work correctly. The EDI feeds do not work and took over a year to be implemented and still were not accurate
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SilkRoad
Excellent onboarding tool. Easy to set up
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Reliability and Availability
Paycor, Inc
I feel like Paycor is always up and running! If they are planning downtime, they communicate it clearly. Every once in a while, I get something that says the system isn't working but it is usually back up within the hour. I typically find by the time that the employees complain about it, that it is resolved within the system.
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SilkRoad
No answers on this topic
Performance
Paycor, Inc
For the most part, everything moves super fast. There are a few sections (Expense Management) that sometimes take a bit to load correctly. Or if they are interesting, it takes a minute to talk to each other! But reports are quickly downloaded and available! Even data heavy reports run fairly fast!
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SilkRoad
No answers on this topic
Support Rating
Paycor, Inc
I feel like support will transfer you back and forth between departments and put you on hold forever. I believe it is very difficult to see the status of an open ticket. During my experience, it feels like the client has to push all communication and request updates from support regularly.
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SilkRoad
No answers on this topic
Online Training
Paycor, Inc
The online trainings are super helpful. They have user guides that you can read through, interactive training that will walk you through it as well as plain web based ones. I've actually never had an in-person training but all of the information you need can be found online. They also will do individual support training if you are struggling with a certain area.
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SilkRoad
No answers on this topic
Implementation Rating
Paycor, Inc
Implementation of any new software is going to be challenging, especially if you are maintaining an existing program concurrently. When it is time for dual-processing (both old and new software) prior to going live, be prepared to be stressed. But trust the process and it will be over soon.
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SilkRoad
No answers on this topic
Alternatives Considered
Paycor, Inc
Paylocity was cumbersome and not very intuitive. I was constantly on the phone with them trying to figure out how to do something. I once called back 4 different times( because I didn’t believe the answer they gave me was how to do what I was asking), explained my problem the exact same way and got 4 different answers. So, I lost trust in the product and started looking for a product I could rely on.
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SilkRoad
SilkRoad is very far behind PeopleSoft!
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Scalability
Paycor, Inc
I gave it a 10 because we only use it across one organization. However, it has allowed us to break it into multiple departments and layers of management. It is also easy for us to utilize across different locations but still under one master company. They have always provided us support when we decide to change something on an organizational level
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SilkRoad
No answers on this topic
Return on Investment
Paycor, Inc
  • ACA - Great. It took us approximately two hours to complete, compared to the 40+ Hours it took us in previous years.
  • Timesheet maintenance- this takes more time than it did previously.
  • Reporting - Confusing and Difficult. Very little customization and has forced us to rely less on reports.
  • Performance- Supervisors are spending 20% less time on performance reviews due to the easy of answering the questions.
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SilkRoad
  • Increased employee efficiency
  • Departments are now held accountable if a certain task was missed
  • Time saver
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ScreenShots

Paycor Screenshots

Screenshot of Real-time data insights to make critical business decisions.Screenshot of Paycor expense reportingScreenshot of Recruiting processes streamlined in PaycorScreenshot of Workforce scheduling in PaycorScreenshot of Paycor's mobile app allows employees to punch in and out from their phonesScreenshot of Paycor Home Screen