Paycom vs. SilkRoad Onboarding (RedCarpet)

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
SilkRoad Onboarding
Score 8.1 out of 10
N/A
SilkRoad Onboarding is a component of the SilkRoad Life Suite platform. It includes functionality for onboarding, including electronic offer support, retention during Mergers & Acquisitions, and offboarding personnel. It is optimized for enterprise organizations.N/A
Pricing
PaycomSilkRoad Onboarding (RedCarpet)
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
PaycomSilkRoad Onboarding
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
PaycomSilkRoad Onboarding (RedCarpet)
Considered Both Products
Paycom
Paycom is far and away the easiest and most effective platform I have ever used for HRIS, Payroll, Time & Attendance, Benefits Enrollment, Performance Management, et al. It is extremely flexible with thousands of options available to customize to each organization's needs, …
SilkRoad Onboarding

No answer on this topic

Features
PaycomSilkRoad Onboarding (RedCarpet)
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Paycom
7.9
459 Ratings
3% below category average
SilkRoad Onboarding (RedCarpet)
-
Ratings
Employee demographic data8.9416 Ratings00 Ratings
Employment history7.8400 Ratings00 Ratings
Job profiles and administration8.0403 Ratings00 Ratings
Workflow for transfers, promotions, pay raises, etc.7.5403 Ratings00 Ratings
Organizational charting7.3316 Ratings00 Ratings
Organization and location management7.6354 Ratings00 Ratings
Compliance data (COBRA, OSHA, etc.)8.3336 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Paycom
8.2
467 Ratings
1% above category average
SilkRoad Onboarding (RedCarpet)
-
Ratings
Pay calculation8.7454 Ratings00 Ratings
Support for external payroll vendors6.447 Ratings00 Ratings
Off-cycle/On-Demand payment8.421 Ratings00 Ratings
Benefit plan administration8.2395 Ratings00 Ratings
Direct deposit files9.3454 Ratings00 Ratings
Salary revision and increment management8.2379 Ratings00 Ratings
Reimbursement management8.4259 Ratings00 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Paycom
8.4
410 Ratings
3% above category average
SilkRoad Onboarding (RedCarpet)
-
Ratings
Approval workflow8.6391 Ratings00 Ratings
Balance details8.2390 Ratings00 Ratings
Annual carry-forward and encashment8.5325 Ratings00 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Paycom
8.5
468 Ratings
4% above category average
SilkRoad Onboarding (RedCarpet)
-
Ratings
View and generate pay and benefit information9.0459 Ratings00 Ratings
Update personal information8.8464 Ratings00 Ratings
View company policy documentation7.9412 Ratings00 Ratings
Employee recognition8.7225 Ratings00 Ratings
View job history7.8373 Ratings00 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Paycom
4.9
26 Ratings
49% below category average
SilkRoad Onboarding (RedCarpet)
-
Ratings
Tracking of all physical assets4.926 Ratings00 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Paycom
7.1
406 Ratings
6% below category average
SilkRoad Onboarding (RedCarpet)
-
Ratings
Report builder7.8399 Ratings00 Ratings
Pre-built reports7.8396 Ratings00 Ratings
Ability to combine HR data with external data5.855 Ratings00 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
Paycom
8.1
403 Ratings
2% above category average
SilkRoad Onboarding (RedCarpet)
-
Ratings
New hire portal8.1400 Ratings00 Ratings
Manager tracking tools8.1348 Ratings00 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
Paycom
6.1
236 Ratings
27% below category average
SilkRoad Onboarding (RedCarpet)
-
Ratings
Corporate goal setting4.236 Ratings00 Ratings
Individual goal setting7.8219 Ratings00 Ratings
Line-of sight-visibility4.835 Ratings00 Ratings
Performance tracking7.6231 Ratings00 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
Paycom
7.6
293 Ratings
4% below category average
SilkRoad Onboarding (RedCarpet)
-
Ratings
Performance plans7.7272 Ratings00 Ratings
Performance improvement plans7.4256 Ratings00 Ratings
Review status tracking7.8264 Ratings00 Ratings
Review reminders7.8270 Ratings00 Ratings
Multiple review frequency7.4242 Ratings00 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
Paycom
8.7
48 Ratings
11% above category average
SilkRoad Onboarding (RedCarpet)
-
Ratings
Create succession plans/pools9.127 Ratings00 Ratings
Candidate ranking9.133 Ratings00 Ratings
Candidate search8.546 Ratings00 Ratings
Candidate development8.343 Ratings00 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Paycom
7.0
291 Ratings
10% below category average
SilkRoad Onboarding (RedCarpet)
-
Ratings
Job Requisition Management7.3260 Ratings00 Ratings
Company Website Posting7.0255 Ratings00 Ratings
Publish to Social Media6.4201 Ratings00 Ratings
Job Search Site Posting6.9237 Ratings00 Ratings
Duplicate Candidate Prevention6.8224 Ratings00 Ratings
Applicant Tracking7.0265 Ratings00 Ratings
Notifications and Alerts7.9274 Ratings00 Ratings
Best Alternatives
PaycomSilkRoad Onboarding (RedCarpet)
Small Businesses
Dayforce Powerpay
Dayforce Powerpay
Score 9.3 out of 10
PowerDMS by NEOGOV
PowerDMS by NEOGOV
Score 7.0 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.1 out of 10
PowerDMS by NEOGOV
PowerDMS by NEOGOV
Score 7.0 out of 10
Enterprises
PeopleStrong
PeopleStrong
Score 10.0 out of 10
Vibe HCM (discontinued)
Vibe HCM (discontinued)
Score 4.3 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
PaycomSilkRoad Onboarding (RedCarpet)
Likelihood to Recommend
8.7
(562 ratings)
7.0
(18 ratings)
Likelihood to Renew
7.2
(24 ratings)
-
(0 ratings)
Usability
9.0
(86 ratings)
7.0
(3 ratings)
Availability
9.1
(2 ratings)
10.0
(1 ratings)
Performance
9.1
(2 ratings)
-
(0 ratings)
Support Rating
9.1
(52 ratings)
7.1
(4 ratings)
In-Person Training
6.4
(1 ratings)
-
(0 ratings)
Online Training
3.7
(3 ratings)
-
(0 ratings)
Implementation Rating
8.2
(7 ratings)
4.0
(1 ratings)
Configurability
9.1
(2 ratings)
-
(0 ratings)
Ease of integration
5.5
(1 ratings)
-
(0 ratings)
Product Scalability
9.1
(2 ratings)
-
(0 ratings)
Vendor post-sale
9.0
(4 ratings)
-
(0 ratings)
Vendor pre-sale
9.0
(4 ratings)
-
(0 ratings)
User Testimonials
PaycomSilkRoad Onboarding (RedCarpet)
Likelihood to Recommend
Paycom
I've implemented at least 7 HRMS and/or performance suites over the years. I have no true complaints about the platform. We have found that for one of our client codes, the scheduling functionality doesn't accommodate the constant scheduling adjustments our transportation company requires. That said, our routes can change more than once an hour and start/end times often change with routes. We have found that managing the full employee life cycle is even more streamlined with the recent Position Seat updates. We also value that the platform is a native build - so no lagging API integrations to navigate.
Read full review
SilkRoad
I like the idea of RedCarpet. If it was fully functional for us, I really think it would be a great tool to use. However, the lack of response and the response time itself in tech support is definitely a downfall for our company
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Pros
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
SilkRoad
  • Employee Task Management: Red Carpet provides a customized welcome portal and system for task management, based upon each employee's location, role, department, etc. It allows the organization to build chronological tasks to complete on the front end, which seamlessly flows through as each are completed.
  • Streamlined Process: During the development process, it causes the employer to re-think its current onboarding process, forms, reason and timing for completing tasks, etc. This results in not only creation of electronic forms, but also an improved overall process.
  • Monitors workflow: Through visible tasks/colors on the back end, as well as reporting features, HR administrators and Managers/Supervisors can easily see where each employee is in their new hire process. Quickly view what tasks remain incomplete, as well as if an individual/team is causing a delay in the process.
Read full review
Cons
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
SilkRoad
  • They have made major improvements to the user interface while we have been a customer but still have some work to do in this space.
  • On the employee onboarding portal; some of the functionality could be more robust (ie: Broader Font Library; more customizable skin).
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Likelihood to Renew
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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SilkRoad
No answers on this topic
Usability
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.
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SilkRoad
It takes a lot of training and reading up on the processes in order to use it, but once you've had a lot of trial and error, you figure out the system quickly. Once you put together a user guide specific for your company's use of the product, it's easier for new employees to use RedCarpet and understand the different functions within it.
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Reliability and Availability
Paycom
They are very dependable and I have never experience any outages
Read full review
SilkRoad
No answers on this topic
Performance
Paycom
Yes, Paycom's performance is excellent, no issues.
Read full review
SilkRoad
No answers on this topic
Support Rating
Paycom
Have been bounced around alot in our 3 years of partnership. Wanted a dedicated rep but that did not provide us the care and attention we required. Work with a team first and then get to your representative. Sometimes an issue with time differences - representative working on different timebelt and not accessible, or we had to wait a day to move an issue along
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SilkRoad
Support is adequate. They are about the same, and the expected turn around time is acceptable in the industry standard. We have no complaints with customer support. The tracking system is good and allows for updates to issues, so there are generally no questions where the case may sit with engineering or application support.
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In-Person Training
Paycom
They were a sales person and not really a good trainer.
Read full review
SilkRoad
No answers on this topic
Online Training
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.
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SilkRoad
No answers on this topic
Implementation Rating
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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SilkRoad
SilkRoad's training/demo video was viewed well prior to beginning implementation. HR Team did not remember details and the video was not sufficient enough to understand all of the features within the system in order to communicate needs to the vendor/implementation expert. Implementation should have been walked through, step by step, by the vendor and each section of their required spreadsheet and the development of the portal should have been explained in depth.
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Alternatives Considered
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.
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SilkRoad
We have previewed several onboarding platforms, but none has come close to the quality and flexibility of SilkRoad Onboarding (RedCarpet). Prehire task management allows each department to do what they do best to prepare for the new hire's first day. Keys, computer access, and office spaces are prepared in advance, so each new hire feels valued.
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Scalability
Paycom
They are not able to meet our current needs
Read full review
SilkRoad
No answers on this topic
Return on Investment
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.
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SilkRoad
  • Positive impact to ROI, we don't have hard numbers for overall but just in time spent on chasing paperwork I would say we save a minimum of 20 minutes per new hire and we hire 600+ people/year.
  • We save an unknown amount on properly completed I9 forms since the system doesn't let you make errors that were always common on paper forms.
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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.