Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
WEX Benefits
Score 2.5 out of 10
N/A
WEX Benefits is a suite of benefits administration solutions, positioned to help employers provide healthcare benefit management for their employees.N/A
Pricing
PaycomWEX Benefits
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
PaycomWEX Benefits
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
PaycomWEX Benefits
Features
PaycomWEX Benefits
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Paycom
8.1
557 Ratings
0% below category average
WEX Benefits
-
Ratings
Employee demographic data8.9511 Ratings00 Ratings
Employment history8.1491 Ratings00 Ratings
Job profiles and administration8.2491 Ratings00 Ratings
Workflow for transfers, promotions, pay raises, etc.8.1493 Ratings00 Ratings
Organizational charting7.6397 Ratings00 Ratings
Organization and location management8.0436 Ratings00 Ratings
Compliance data (COBRA, OSHA, etc.)8.1408 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Paycom
8.3
557 Ratings
2% above category average
WEX Benefits
-
Ratings
Pay calculation8.9541 Ratings00 Ratings
Support for external payroll vendors6.447 Ratings00 Ratings
Off-cycle/On-Demand payment8.590 Ratings00 Ratings
Benefit plan administration8.4475 Ratings00 Ratings
Direct deposit files9.1538 Ratings00 Ratings
Salary revision and increment management8.4450 Ratings00 Ratings
Reimbursement management8.3312 Ratings00 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Paycom
8.5
489 Ratings
4% above category average
WEX Benefits
-
Ratings
Approval workflow8.5463 Ratings00 Ratings
Balance details8.4464 Ratings00 Ratings
Annual carry-forward and encashment8.5389 Ratings00 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Paycom
8.7
559 Ratings
6% above category average
WEX Benefits
-
Ratings
View and generate pay and benefit information9.1549 Ratings00 Ratings
Update personal information9.2555 Ratings00 Ratings
View company policy documentation8.7495 Ratings00 Ratings
Employee recognition8.0272 Ratings00 Ratings
View job history8.6456 Ratings00 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Paycom
4.9
26 Ratings
48% below category average
WEX Benefits
-
Ratings
Tracking of all physical assets4.926 Ratings00 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Paycom
7.2
494 Ratings
4% below category average
WEX Benefits
-
Ratings
Report builder8.0487 Ratings00 Ratings
Pre-built reports8.0482 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
8.4
487 Ratings
5% above category average
WEX Benefits
-
Ratings
New hire portal8.6481 Ratings00 Ratings
Manager tracking tools8.3420 Ratings00 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
Paycom
6.3
289 Ratings
24% below category average
WEX Benefits
-
Ratings
Corporate goal setting4.236 Ratings00 Ratings
Individual goal setting8.0267 Ratings00 Ratings
Line-of sight-visibility4.835 Ratings00 Ratings
Performance tracking8.0284 Ratings00 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
Paycom
7.9
366 Ratings
0% above category average
WEX Benefits
-
Ratings
Performance plans7.8338 Ratings00 Ratings
Performance improvement plans7.8321 Ratings00 Ratings
Review status tracking8.0326 Ratings00 Ratings
Review reminders8.0334 Ratings00 Ratings
Multiple review frequency7.8298 Ratings00 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
Paycom
7.9
91 Ratings
0% above category average
WEX Benefits
-
Ratings
Create succession plans/pools7.951 Ratings00 Ratings
Candidate ranking7.869 Ratings00 Ratings
Candidate search7.986 Ratings00 Ratings
Candidate development7.972 Ratings00 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Paycom
7.6
365 Ratings
3% below category average
WEX Benefits
-
Ratings
Job Requisition Management7.8328 Ratings00 Ratings
Company Website Posting8.0323 Ratings00 Ratings
Publish to Social Media7.4255 Ratings00 Ratings
Job Search Site Posting7.7299 Ratings00 Ratings
Duplicate Candidate Prevention6.9278 Ratings00 Ratings
Applicant Tracking7.7335 Ratings00 Ratings
Notifications and Alerts7.9346 Ratings00 Ratings
Best Alternatives
PaycomWEX Benefits
Small Businesses
Dayforce Powerpay
Dayforce Powerpay
Score 9.2 out of 10
OnPay
OnPay
Score 8.6 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
Infor Human Resources
Infor Human Resources
Score 7.1 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
PaycomWEX Benefits
Likelihood to Recommend
8.7
(729 ratings)
2.3
(11 ratings)
Likelihood to Renew
9.0
(31 ratings)
-
(0 ratings)
Usability
9.0
(124 ratings)
2.9
(3 ratings)
Availability
9.5
(4 ratings)
-
(0 ratings)
Performance
9.0
(4 ratings)
-
(0 ratings)
Support Rating
8.9
(59 ratings)
1.0
(1 ratings)
In-Person Training
10.0
(2 ratings)
-
(0 ratings)
Online Training
7.8
(5 ratings)
-
(0 ratings)
Implementation Rating
6.5
(9 ratings)
-
(0 ratings)
Configurability
8.0
(4 ratings)
-
(0 ratings)
Ease of integration
8.5
(3 ratings)
-
(0 ratings)
Product Scalability
7.5
(4 ratings)
-
(0 ratings)
Vendor post-sale
9.0
(6 ratings)
-
(0 ratings)
Vendor pre-sale
9.0
(6 ratings)
-
(0 ratings)
User Testimonials
PaycomWEX Benefits
Likelihood to Recommend
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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WEX
It is well suited to help us see exactly which employee and which company the employee is with and how much they employee spent. I really like the reports that it generates and the detail it gives. However I would like to see more details. It would be nice to see the exact date the funds were withdrawn and where the funds were spent. I think this could help us determine that the employee is spending the funds at correct locations and help us when we do our reconciliations of these accounts.
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Pros
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.
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WEX
  • In my opinion, poor application of IRS rules
  • In my experience, frequent denial of coverage to be later reversed
  • In my experience, poor complain processing rules
  • need PAPER checks to be sent if you need to reimburse them. PAPER! They don't accept credit cards. A credit card processing company that doesn't accept credit cards.
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Cons
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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WEX
  • In my experience, WEX has an inability to connect with other entities on the supply chain (bswift, internal benefits department).
  • Slow support request turnaround (3-5 business days).
  • Makes FSA substantiation unnecessarily difficult.
  • Even when there’s a single itemized receipt for all charges, every charge must be substantiated with a separate upload.
  • Even though doing so would satisfy IRS guidelines, WEX won’t accept third party explanations of services as FSA substantiation.
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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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WEX
No answers on this topic
Usability
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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WEX
Easy to use
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Reliability and Availability
Paycom
They are very dependable and I have never experience any outages
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WEX
No answers on this topic
Performance
Paycom
Yes load quickly
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WEX
No answers on this topic
Support Rating
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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WEX
No answers on this topic
In-Person Training
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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WEX
No answers on this topic
Online Training
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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WEX
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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WEX
No answers on this topic
Alternatives Considered
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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WEX
We formerly used TASC and it was a nightmare. We were not at all confident in their administration or compliance of FSAs, HSAs, or COBRA. When we were looking for a new third party administrator to replace TASC, we were immediately drawn to WEX Health. They offered an easy-to-use website, and it was clear that they were serious about compliance and proper administration of benefits.
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Scalability
Paycom
They are not able to meet our current needs
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WEX
No answers on this topic
Return on Investment
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.
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WEX
  • WEX Health has made administration of FSA, HSA, and COBRA so much easier
  • I feel confident that WEX Health is compliant, as a company, and that they keep us compliant
  • We are always able to call and talk to a knowledgeable representative when we have questions
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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.