Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Paycom
Score 8.4 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 2.8 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
8.0
544 Ratings
2% below category average
WEX Benefits
-
Ratings
Employee demographic data8.9498 Ratings00 Ratings
Employment history7.7478 Ratings00 Ratings
Job profiles and administration8.0479 Ratings00 Ratings
Workflow for transfers, promotions, pay raises, etc.7.9480 Ratings00 Ratings
Organizational charting7.2384 Ratings00 Ratings
Organization and location management7.7424 Ratings00 Ratings
Compliance data (COBRA, OSHA, etc.)8.3396 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Paycom
8.3
544 Ratings
2% above category average
WEX Benefits
-
Ratings
Pay calculation8.8528 Ratings00 Ratings
Support for external payroll vendors6.447 Ratings00 Ratings
Off-cycle/On-Demand payment8.778 Ratings00 Ratings
Benefit plan administration8.5463 Ratings00 Ratings
Direct deposit files9.3526 Ratings00 Ratings
Salary revision and increment management8.3440 Ratings00 Ratings
Reimbursement management8.2304 Ratings00 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Paycom
8.3
480 Ratings
2% above category average
WEX Benefits
-
Ratings
Approval workflow8.5454 Ratings00 Ratings
Balance details8.0455 Ratings00 Ratings
Annual carry-forward and encashment8.3381 Ratings00 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Paycom
8.6
546 Ratings
5% above category average
WEX Benefits
-
Ratings
View and generate pay and benefit information8.9536 Ratings00 Ratings
Update personal information9.1542 Ratings00 Ratings
View company policy documentation8.3482 Ratings00 Ratings
Employee recognition8.3266 Ratings00 Ratings
View job history8.3444 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
7.1
482 Ratings
6% below category average
WEX Benefits
-
Ratings
Report builder7.8475 Ratings00 Ratings
Pre-built reports7.8470 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
476 Ratings
2% above category average
WEX Benefits
-
Ratings
New hire portal8.2470 Ratings00 Ratings
Manager tracking tools8.0410 Ratings00 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
Paycom
6.2
280 Ratings
26% below category average
WEX Benefits
-
Ratings
Corporate goal setting4.236 Ratings00 Ratings
Individual goal setting7.8258 Ratings00 Ratings
Line-of sight-visibility4.835 Ratings00 Ratings
Performance tracking7.9275 Ratings00 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
Paycom
7.7
354 Ratings
2% below category average
WEX Benefits
-
Ratings
Performance plans7.6327 Ratings00 Ratings
Performance improvement plans7.7310 Ratings00 Ratings
Review status tracking8.0316 Ratings00 Ratings
Review reminders8.0324 Ratings00 Ratings
Multiple review frequency7.3291 Ratings00 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
Paycom
8.0
83 Ratings
2% above category average
WEX Benefits
-
Ratings
Create succession plans/pools8.046 Ratings00 Ratings
Candidate ranking8.063 Ratings00 Ratings
Candidate search8.079 Ratings00 Ratings
Candidate development8.267 Ratings00 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Paycom
7.2
354 Ratings
8% below category average
WEX Benefits
-
Ratings
Job Requisition Management7.2317 Ratings00 Ratings
Company Website Posting7.5312 Ratings00 Ratings
Publish to Social Media6.9247 Ratings00 Ratings
Job Search Site Posting7.2289 Ratings00 Ratings
Duplicate Candidate Prevention6.4269 Ratings00 Ratings
Applicant Tracking7.4324 Ratings00 Ratings
Notifications and Alerts8.0335 Ratings00 Ratings
User Ratings
PaycomWEX Benefits
Likelihood to Recommend
8.6
(698 ratings)
2.5
(11 ratings)
Likelihood to Renew
8.7
(30 ratings)
-
(0 ratings)
Usability
9.0
(103 ratings)
3.2
(3 ratings)
Availability
8.3
(3 ratings)
-
(0 ratings)
Performance
8.3
(3 ratings)
-
(0 ratings)
Support Rating
8.5
(58 ratings)
1.0
(1 ratings)
In-Person Training
6.4
(1 ratings)
-
(0 ratings)
Online Training
5.8
(4 ratings)
-
(0 ratings)
Implementation Rating
9.0
(8 ratings)
-
(0 ratings)
Configurability
7.5
(3 ratings)
-
(0 ratings)
Ease of integration
8.2
(2 ratings)
-
(0 ratings)
Product Scalability
5.0
(3 ratings)
-
(0 ratings)
Vendor post-sale
7.7
(5 ratings)
-
(0 ratings)
Vendor pre-sale
7.7
(5 ratings)
-
(0 ratings)
User Testimonials
PaycomWEX Benefits
Likelihood to Recommend
Paycom
It's definitely well-suited and super friendly. Easy to adapt to if I haven't used the product before, but I use similar products. I can adjust without having any training. So it is very interesting. It provides the information that I need without being lost so far.
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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 know it's going to sound generic, but everything. I like the way that you guys own every product because it's very seamless. Everything kind of leads into the other sections. You don't have to go to different places to get different items done. I love how when you do a PAF, you can open up a requisition and you can move people and change their pay and that kind of stuff. I also like that you can have discussions with employees and like I told you, it's very good for us because they can't get on their email all the time, but I can have daily discussions with them if I need something in a hurry. So those kinds of features are what I think you guys do phenomenally, especially for an organization like ours.
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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
  • So we are continuously working with Paycom. Some of the things that we were promised when we were implementing have taken quite a bit of time to get through. Some of the things that ADP could do, Paycom is not able to do. And one thing that ADP did well versus Paycom is their reporting. Being able to select different items you want to see on a report just by going into someone's profile. So, like their name and their department with ADP, you could click on those things, and it would generate a report with an employee group with those things. With Paycom, it is a little more difficult to do that because you have to know what that group is called. So it is sometimes a little more challenging if you don't do it day to day.
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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
very intuitive and with the use of AI even more easy to navigate. We have employees who are not tech savvy and the fact that they are able to easily use the program goes to show how user friendly it is. Managers also are able to navigate through the system with ease. It's great from both the employee and manager level.
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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
They were a sales person and not really a good trainer.
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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
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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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
  • For Positive Impact, I would say it's allowed me to learn a breadth of new technologies. I think Paycom is keeping up with what's going on right now. And so being able to, with all the rollouts they just did and being able to get accustomed to that, helps me and my career so that I'm able to, if I move into a different organization that doesn't use Paycom, translate those experiences over.
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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.