Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Factorial
Score 7.1 out of 10
Small Businesses (1-50 employees)
Factorial is a business management software designed to streamline HR processes, including time and attendance tracking, talent development, payroll, and finance management.
$80
per month
Paycom
Score 8.6 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
FactorialPaycom
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
FactorialPaycom
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
FactorialPaycom
Features
FactorialPaycom
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Factorial
7.8
1 Ratings
4% below category average
Paycom
8.1
560 Ratings
0% below category average
Employee demographic data9.01 Ratings8.9514 Ratings
Employment history9.01 Ratings8.1494 Ratings
Job profiles and administration8.01 Ratings8.2494 Ratings
Workflow for transfers, promotions, pay raises, etc.7.01 Ratings8.1495 Ratings
Organizational charting7.01 Ratings7.6399 Ratings
Organization and location management7.01 Ratings8.0438 Ratings
Compliance data (COBRA, OSHA, etc.)00 Ratings8.1410 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Factorial
7.7
1 Ratings
6% below category average
Paycom
8.5
491 Ratings
4% above category average
Approval workflow9.01 Ratings8.5465 Ratings
Balance details7.01 Ratings8.4466 Ratings
Annual carry-forward and encashment7.01 Ratings8.5391 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Factorial
5.0
1 Ratings
48% below category average
Paycom
8.7
562 Ratings
6% above category average
View and generate pay and benefit information7.01 Ratings9.1552 Ratings
Update personal information5.01 Ratings9.2558 Ratings
View company policy documentation3.01 Ratings8.7497 Ratings
Employee recognition2.01 Ratings8.0274 Ratings
View job history8.01 Ratings8.6459 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Factorial
6.0
1 Ratings
29% below category average
Paycom
4.9
26 Ratings
48% below category average
Tracking of all physical assets6.01 Ratings4.926 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Factorial
5.3
1 Ratings
35% below category average
Paycom
7.2
497 Ratings
4% below category average
Report builder6.01 Ratings7.9490 Ratings
Pre-built reports4.01 Ratings7.9485 Ratings
Ability to combine HR data with external data6.01 Ratings5.855 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
Factorial
3.5
1 Ratings
78% below category average
Paycom
8.4
490 Ratings
5% above category average
New hire portal4.01 Ratings8.5484 Ratings
Manager tracking tools3.01 Ratings8.3422 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
Factorial
2.8
1 Ratings
97% below category average
Paycom
6.3
291 Ratings
24% below category average
Corporate goal setting1.01 Ratings4.236 Ratings
Individual goal setting4.01 Ratings8.0269 Ratings
Line-of sight-visibility4.01 Ratings4.835 Ratings
Performance tracking2.01 Ratings8.0286 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
Factorial
5.8
1 Ratings
31% below category average
Paycom
7.9
368 Ratings
0% above category average
Performance plans6.01 Ratings7.8340 Ratings
Performance improvement plans5.01 Ratings7.8323 Ratings
Review status tracking7.01 Ratings8.0328 Ratings
Review reminders6.01 Ratings8.0336 Ratings
Multiple review frequency5.01 Ratings7.8300 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Factorial
5.7
1 Ratings
32% below category average
Paycom
7.6
366 Ratings
3% below category average
Job Requisition Management4.01 Ratings7.8329 Ratings
Company Website Posting6.01 Ratings8.0324 Ratings
Publish to Social Media6.01 Ratings7.4256 Ratings
Job Search Site Posting4.01 Ratings7.8300 Ratings
Duplicate Candidate Prevention7.01 Ratings6.9279 Ratings
Applicant Tracking5.01 Ratings7.7336 Ratings
Notifications and Alerts8.01 Ratings7.9347 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Factorial
-
Ratings
Paycom
8.3
560 Ratings
2% above category average
Pay calculation00 Ratings8.8544 Ratings
Support for external payroll vendors00 Ratings6.447 Ratings
Off-cycle/On-Demand payment00 Ratings8.593 Ratings
Benefit plan administration00 Ratings8.4478 Ratings
Direct deposit files00 Ratings9.1541 Ratings
Salary revision and increment management00 Ratings8.4452 Ratings
Reimbursement management00 Ratings8.3314 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
Factorial
-
Ratings
Paycom
7.9
92 Ratings
0% above category average
Create succession plans/pools00 Ratings7.952 Ratings
Candidate ranking00 Ratings7.870 Ratings
Candidate search00 Ratings7.987 Ratings
Candidate development00 Ratings7.973 Ratings
Best Alternatives
FactorialPaycom
Small Businesses
UZIO
UZIO
Score 9.4 out of 10
UZIO
UZIO
Score 9.4 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
FactorialPaycom
Likelihood to Recommend
6.0
(1 ratings)
8.7
(732 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(31 ratings)
Usability
-
(0 ratings)
9.0
(124 ratings)
Availability
-
(0 ratings)
9.5
(4 ratings)
Performance
-
(0 ratings)
9.0
(4 ratings)
Support Rating
-
(0 ratings)
8.9
(59 ratings)
In-Person Training
-
(0 ratings)
10.0
(2 ratings)
Online Training
-
(0 ratings)
7.8
(5 ratings)
Implementation Rating
-
(0 ratings)
6.5
(9 ratings)
Configurability
-
(0 ratings)
8.0
(4 ratings)
Ease of integration
-
(0 ratings)
8.5
(3 ratings)
Product Scalability
-
(0 ratings)
7.5
(4 ratings)
Vendor post-sale
-
(0 ratings)
9.0
(6 ratings)
Vendor pre-sale
-
(0 ratings)
9.0
(6 ratings)
User Testimonials
FactorialPaycom
Likelihood to Recommend
Factorial
I am not fully convinced about factorial HR yet. We are about to transition to a new tool after using Recruitee for a long time. The bar was high when it came to recruitment ATS. and Factorial HR is multifaceted but not as well structured or functional. Support in other languages should also be improved, as those are the most common reviews I have seen online.
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Paycom
As I mentioned, the onboarding process is incredibly easy. We have around 300 employees and are constantly hiring, so Paycom has been a huge help. In fact, the ATS functionality was a major factor in our decision to switch to Paycom.
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Pros
Factorial
  • Recruitment ATS.
  • Keeping documents and employee records.
  • Talent performance management.
Read full review
Paycom
  • I like the employee self-service feature. It's very straightforward and easy to use. I also like my representative, Mikey. He's been very helpful—every time I call him, I get the assistance I need. I also appreciate how quickly I can get someone on the phone and get help when needed.
Read full review
Cons
Factorial
  • i think the main area is time off requests.
  • also, customer service is not as responsive.
  • interface could be more user friendly.
Read full review
Paycom
  • I am not a fan of the most recent update. I wasn't prepared for the change especially given it came right before payroll was processed. I'm told given time, I will get used to it and I'm always open to change for the better.
  • IWant™ feature isn't what I hoped it would be. I haven't used it much given the information I need in Paycom I can find quickly on my own. I have heard however that several employees utilize and appreciate the IWant™ feature.
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Likelihood to Renew
Factorial
No answers on this topic
Paycom
we are having no problems with how the system works and our support system at paycom is the best - we are learning more and using the system in more ways all the time the only thing that could be better is pricing on some things
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Usability
Factorial
No answers on this topic
Paycom
I'm probably going to have to go seven and three-quarter to eight, and that may be user error to me because I know Paycom has got it figured out, but there's times I just can't figure it out, even with some of the tutorials, the university, the show-mes, and calling Alex, our representative. He can hold my hand and walk me through that process, and it just may be I didn't get it, but that's why I gave that score. I'd give it a solid nine.
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Reliability and Availability
Factorial
No answers on this topic
Paycom
They are very dependable and I have never experience any outages
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Performance
Factorial
No answers on this topic
Paycom
Yes load quickly
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Support Rating
Factorial
No answers on this topic
Paycom
In 6 years, we've never had a bad experience with client support. We implemented during COVID, and I was the only person in HR at the time. I was also having to homeschool our children, which meant bizarre work hours and limited time to focus on platform build at times. There were nights that I was literally on calls at 11 pm and the implementation team was unbelievably supportive. Recently, a Position Seat specialist came on site to help us set up for our 5 client codes - the experience was transformative for how we use the platform and an absolute game changer. I trust Paycom because I trust our representatives. They truly are strategic partners for us, and work to ensure we're maximizing the platform and that our needs are being met
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In-Person Training
Factorial
No answers on this topic
Paycom
Tadd and Ellie have been great! They have show us many aspects that implementation did not. They are very personable and action oriented as well. Anytime we need them they offer to swing in.
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Online Training
Factorial
No answers on this topic
Paycom
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
Factorial
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
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Alternatives Considered
Factorial
I does not stack up very well. It's best feature is that it is a 360 HR platform, but it needs to evolve and improve. Recruitee and Teamtailor seem way better options, in my opinion, for the Applicant tracking system. Time off tends to get confusing at times, and employees prefer tools like bamboo or Roots, which integrate well with other tools.
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Paycom
I have not currently used any other products. I'm still kind of new to the HR industry. The only other thing that I really have to compare it to is Vonmar's system, which they created themselves, and it was not user-friendly.
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Scalability
Factorial
No answers on this topic
Paycom
They are not able to meet our current needs
Read full review
Return on Investment
Factorial
  • It has not had any impact. we are testing the tool for a while now, but we do not think it will make it to the end of the process.
  • It seems good for ATS but all other functionalities seemed to have been left behind.
  • I like that it allows managing posts and other things like internal social media and communities.
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Paycom
  • It's helped us save time. We've been able to automate a number of payroll and accounting functions. It's also enabled our employees to use the ask gear feature. So it's really saved time, and also we've not gotten hacked, which is always a plus.
Read full review
ScreenShots

Factorial Screenshots

Screenshot of Screenshot of Screenshot of Screenshot of Screenshot of

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.