Overview
ProductRatingMost Used ByProduct SummaryStarting Price
247HRM
Score 4.0 out of 10
N/A
The 247HRM HR management and payroll software features Document Management, Salary Budgeting, Skill Bank, automated generation of letters and email, custom MIS & Trending reports. It can be used along with other modules documents, salaries, leave data etc. It is developed by Interbiz Solutions, headquartered in Hyderabad.
$25.67
per month includes 30 employees
Paycom
Score 8.5 out of 10
N/A
Paycom is an automated HCM platform, built on a single database that eliminates redundant data entry through automation. A payroll and HR software solution, Paycom is used by organizations of all sizes to access employee data without navigating multiple systems.N/A
Pricing
247HRMPaycom
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
247HRMPaycom
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
247HRMPaycom
Features
247HRMPaycom
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
247HRM
8.9
3 Ratings
9% above category average
Paycom
7.9
452 Ratings
3% below category average
Employee demographic data9.03 Ratings8.9409 Ratings
Employment history9.13 Ratings7.8393 Ratings
Job profiles and administration9.03 Ratings8.0396 Ratings
Workflow for transfers, promotions, pay raises, etc.9.13 Ratings7.5396 Ratings
Organizational charting8.23 Ratings7.3309 Ratings
Organization and location management9.13 Ratings7.6347 Ratings
Compliance data (COBRA, OSHA, etc.)00 Ratings8.3330 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
247HRM
8.8
3 Ratings
8% above category average
Paycom
8.3
460 Ratings
2% above category average
Pay calculation9.13 Ratings8.7447 Ratings
Support for external payroll vendors8.43 Ratings6.447 Ratings
Off-cycle/On-Demand payment9.12 Ratings9.115 Ratings
Benefit plan administration8.43 Ratings8.2388 Ratings
Direct deposit files8.43 Ratings9.3447 Ratings
Salary revision and increment management9.13 Ratings8.2372 Ratings
Reimbursement management9.13 Ratings8.4254 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
247HRM
9.1
3 Ratings
11% above category average
Paycom
8.4
405 Ratings
3% above category average
Approval workflow9.13 Ratings8.6386 Ratings
Balance details9.13 Ratings8.2385 Ratings
Annual carry-forward and encashment9.13 Ratings8.4320 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
247HRM
8.9
3 Ratings
8% above category average
Paycom
8.5
461 Ratings
4% above category average
View and generate pay and benefit information8.43 Ratings9.0452 Ratings
Update personal information9.13 Ratings8.8457 Ratings
View company policy documentation9.13 Ratings8.0405 Ratings
Employee recognition8.82 Ratings8.7221 Ratings
View job history9.03 Ratings7.9366 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
247HRM
9.1
3 Ratings
12% above category average
Paycom
4.9
26 Ratings
49% below category average
Tracking of all physical assets9.13 Ratings4.926 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
247HRM
8.6
3 Ratings
13% above category average
Paycom
7.1
399 Ratings
6% below category average
Report builder9.03 Ratings7.8392 Ratings
Pre-built reports9.13 Ratings7.7389 Ratings
Ability to combine HR data with external data7.83 Ratings5.855 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
247HRM
8.1
3 Ratings
2% above category average
Paycom
8.1
396 Ratings
2% above category average
New hire portal7.73 Ratings8.1393 Ratings
Manager tracking tools8.43 Ratings8.1341 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
247HRM
8.7
3 Ratings
8% above category average
Paycom
6.1
230 Ratings
27% below category average
Corporate goal setting9.13 Ratings4.236 Ratings
Individual goal setting9.12 Ratings7.8213 Ratings
Line-of sight-visibility8.83 Ratings4.835 Ratings
Performance tracking8.03 Ratings7.6225 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
247HRM
8.6
3 Ratings
9% above category average
Paycom
7.6
287 Ratings
4% below category average
Performance plans8.83 Ratings7.7266 Ratings
Performance improvement plans8.43 Ratings7.4250 Ratings
Review status tracking8.93 Ratings7.8258 Ratings
Review reminders8.93 Ratings7.8264 Ratings
Multiple review frequency8.03 Ratings7.3236 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
247HRM
8.6
3 Ratings
9% above category average
Paycom
8.7
46 Ratings
11% above category average
Create succession plans/pools8.93 Ratings9.125 Ratings
Candidate ranking8.23 Ratings9.131 Ratings
Candidate search8.43 Ratings8.344 Ratings
Candidate development8.93 Ratings8.241 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
247HRM
8.4
3 Ratings
8% above category average
Paycom
7.0
285 Ratings
10% below category average
Job Requisition Management9.13 Ratings7.2254 Ratings
Company Website Posting8.43 Ratings7.0249 Ratings
Publish to Social Media6.93 Ratings6.3196 Ratings
Job Search Site Posting8.23 Ratings6.9231 Ratings
Duplicate Candidate Prevention9.03 Ratings6.8218 Ratings
Applicant Tracking8.23 Ratings7.0259 Ratings
Notifications and Alerts9.03 Ratings7.9268 Ratings
Best Alternatives
247HRMPaycom
Small Businesses
Dayforce Powerpay
Dayforce Powerpay
Score 9.3 out of 10
Dayforce Powerpay
Dayforce Powerpay
Score 9.3 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.1 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.1 out of 10
Enterprises
PeopleStrong
PeopleStrong
Score 10.0 out of 10
PeopleStrong
PeopleStrong
Score 10.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
247HRMPaycom
Likelihood to Recommend
8.4
(3 ratings)
8.7
(563 ratings)
Likelihood to Renew
9.1
(2 ratings)
7.2
(24 ratings)
Usability
9.1
(1 ratings)
9.0
(86 ratings)
Availability
-
(0 ratings)
9.1
(2 ratings)
Performance
-
(0 ratings)
9.1
(2 ratings)
Support Rating
9.1
(2 ratings)
9.1
(52 ratings)
In-Person Training
-
(0 ratings)
6.4
(1 ratings)
Online Training
-
(0 ratings)
3.9
(3 ratings)
Implementation Rating
-
(0 ratings)
8.2
(7 ratings)
Configurability
-
(0 ratings)
9.1
(2 ratings)
Ease of integration
-
(0 ratings)
5.5
(1 ratings)
Product Scalability
-
(0 ratings)
9.1
(2 ratings)
Vendor post-sale
-
(0 ratings)
9.0
(4 ratings)
Vendor pre-sale
-
(0 ratings)
9.0
(4 ratings)
User Testimonials
247HRMPaycom
Likelihood to Recommend
Interbiz Solutions
It is well suited for the manufacturing, Pharma, Educational and Retail sectors. They are second to none when supporting large companies. Small companies and people looking for employee engagement may not be the right fit.
Read full review
Paycom
well suited for smaller businesses. most of our functions are housed in the payroll system, so that makes things easier. Not sure how sophisticated the labor allocation and job costing system would work with a large organization. We have to closely monitor tax profiles and multi-state things. Hard to follow and understand at times.
Read full review
Pros
Interbiz Solutions
  • We used to take half a day to onboard new staff during our employee onboarding. We would collect necessary forms like aadhar, education certificates, experience certificates, and other forms. With 247HRM, it takes two hours. We cut the onboarding time in half. Can you imagine half a day saved for one employee onboarding?
  • I don’t stress about paying my people on time or accurate payroll because my experience with both the 247HRM product and its services helps give me the confidence in paying payroll on time. 2 clicks and I am done with payroll, generating a paysheet, pf ecr, esi upload and PT challan. All these in a span of 2 or 3 hours.
Read full review
Paycom
  • Before Paycom we were using Paylocity and in about six months of running payroll with Paylocity, we never once had 100% accuracy from a payroll standpoint. So we had disgruntled employees because either their time was off or their pay was off. With Paycom, we've never had a case where our payroll was not 100% accurate.
Read full review
Cons
Interbiz Solutions
No answers on this topic
Paycom
  • I think that when we do need a response back, which is very unlikely from the contact about something that's happening or going on, it can take a little long to get back to us. Longer than we would like because obviously it's an emergency to us, but we understand they have tons of emergencies they have to solve. But I think that's the only aspect.
  • I know from a payroll standpoint, which I'm not really privy to because I don't work on the payroll side, there have been some little hiccups that about certain formulas used, certain credits being issued that we've already filed for tax credits that we filed for. So I know that my CFO's already on top of it and pay comes on top of it as well and it's getting resolved, but obviously that's a big issue that needs some work there.
Read full review
Likelihood to Renew
Interbiz Solutions
No answers on this topic
Paycom
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.
Read full review
Usability
Interbiz Solutions
It is very easy to use and few clicks to complete your tasks
Read full review
Paycom
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.
Read full review
Reliability and Availability
Interbiz Solutions
No answers on this topic
Paycom
They are very dependable and I have never experience any outages
Read full review
Performance
Interbiz Solutions
No answers on this topic
Paycom
Yes, Paycom's performance is excellent, no issues.
Read full review
Support Rating
Interbiz Solutions
Come rain or shine, 247HRM support team is always available to support you whenever you need assistance.
Read full review
Paycom
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.
Read full review
In-Person Training
Interbiz Solutions
No answers on this topic
Paycom
They were a sales person and not really a good trainer.
Read full review
Online Training
Interbiz Solutions
No answers on this topic
Paycom
All the online training modules were short and straight to the point. Every module teach you how to use the system. If there is one thing they know how to do is training. We did implementation during the pandemic so all had to be done online or via zoom meetings.
Read full review
Implementation Rating
Interbiz Solutions
No answers on this topic
Paycom
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
Read full review
Alternatives Considered
Interbiz Solutions
No answers on this topic
Paycom
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.
Read full review
Scalability
Interbiz Solutions
No answers on this topic
Paycom
They are not able to meet our current needs
Read full review
Return on Investment
Interbiz Solutions
  • Accurate Payroll
  • Paperless Employee Onboarding
  • Paperless office
  • onboarding to exit automation
Read full review
Paycom
  • 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.
Read full review
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.