Paycor vs. Square Payroll vs. TIS (Treasury Intelligence Solutions)

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Paycor
Score 7.5 out of 10
N/A
Paycor provides core HR functions scaled towards small and mid-sized businesses. Paycor offers an integrated benefits platform for interfacing directly with insurance carriers and an adaptable time management platform.N/A
Square Payroll
Score 6.1 out of 10
N/A
Square Payroll is a payroll solution for hourly employees, from Square headquartered in San Francisco, California.
$29
per month
TIS (Treasury Intelligence Solutions)
Score 8.5 out of 10
Enterprise companies (1,001+ employees)
TIS helps CFOs, Treasurers, and Finance teams transform their global cash flow, liquidity, and payment functions. Since 2010, the cloud platform and service model have supported the office of the CFO to collaborate and attain efficiency, automation, and control. By streamlining connectivity between TIS' customers’ back-office systems and their worldwide banks, vendors, and business partners, TIS aims to enable…N/A
Pricing
PaycorSquare PayrollTIS (Treasury Intelligence Solutions)
Editions & Modules
No answers on this topic
Free
$0
per month
Plus
$29
per month
Premium
Custom
No answers on this topic
Offerings
Pricing Offerings
PaycorSquare PayrollTIS (Treasury Intelligence Solutions)
Free Trial
YesNoNo
Free/Freemium Version
NoYesNo
Premium Consulting/Integration Services
YesNoYes
Entry-level Setup FeeOptionalNo setup feeNo setup fee
Additional DetailsPaycor's pricing for small, mid, and enterprise companies varies based on product bundle and company size. Because Paycor HR software is built to help businesses scale and grow, plans are based on the mix of HR products needed, and company size. Payroll is at the core of Paycor's offering, and their products are sold as a part of their payroll and HR platform.TIS helps clients eliminate redundant or unnecessary features and systems, and helps reduce banking and transaction fees for account rationalization projects. TIS manages all onboarding, maintenance, and service requests to eliminate clients' other consulting, IT, and other technology-related costs. In addition, TIS provides rebates and rewards programs in certain areas of our solution to help clients optimize payments activity conducted through various localities and supplier networks.
More Pricing Information
Community Pulse
PaycorSquare PayrollTIS (Treasury Intelligence Solutions)
Features
PaycorSquare PayrollTIS (Treasury Intelligence Solutions)
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Paycor
8.1
407 Ratings
2% below category average
Square Payroll
7.8
6 Ratings
6% below category average
TIS (Treasury Intelligence Solutions)
-
Ratings
Pay calculation8.5395 Ratings8.96 Ratings00 Ratings
Support for external payroll vendors8.25 Ratings8.65 Ratings00 Ratings
Off-cycle/On-Demand payment8.0189 Ratings4.44 Ratings00 Ratings
Benefit plan administration7.7282 Ratings9.15 Ratings00 Ratings
Direct deposit files8.8389 Ratings7.06 Ratings00 Ratings
Salary revision and increment management7.8324 Ratings8.94 Ratings00 Ratings
Reimbursement management7.4110 Ratings7.85 Ratings00 Ratings
Treasury Management
Comparison of Treasury Management features of Product A and Product B
Paycor
-
Ratings
Square Payroll
-
Ratings
TIS (Treasury Intelligence Solutions)
5.5
6 Ratings
29% below category average
Cash and Liquidity Management00 Ratings00 Ratings8.15 Ratings
Financial Fraud Prevention00 Ratings00 Ratings2.25 Ratings
Treasury Management Payments00 Ratings00 Ratings9.06 Ratings
Bank Account Management00 Ratings00 Ratings8.16 Ratings
Treasury Risk Management00 Ratings00 Ratings2.72 Ratings
Treasury Reporting00 Ratings00 Ratings4.75 Ratings
Liquidity Forecasting00 Ratings00 Ratings4.52 Ratings
Market Data00 Ratings00 Ratings4.52 Ratings
Best Alternatives
PaycorSquare PayrollTIS (Treasury Intelligence Solutions)
Small Businesses
Dayforce Powerpay
Dayforce Powerpay
Score 9.3 out of 10
Dayforce Powerpay
Dayforce Powerpay
Score 9.3 out of 10

No answers on this topic

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

No answers on this topic

Enterprises
Infor Human Resources
Infor Human Resources
Score 7.1 out of 10
Infor Human Resources
Infor Human Resources
Score 7.1 out of 10

No answers on this topic

All AlternativesView all alternativesView all alternativesView all alternatives
User Ratings
PaycorSquare PayrollTIS (Treasury Intelligence Solutions)
Likelihood to Recommend
7.4
(414 ratings)
4.7
(8 ratings)
8.2
(15 ratings)
Likelihood to Renew
7.9
(21 ratings)
-
(0 ratings)
8.2
(5 ratings)
Usability
7.8
(386 ratings)
9.0
(1 ratings)
8.6
(4 ratings)
Availability
10.0
(3 ratings)
-
(0 ratings)
9.1
(1 ratings)
Performance
10.0
(3 ratings)
-
(0 ratings)
9.1
(1 ratings)
Support Rating
3.9
(58 ratings)
9.0
(1 ratings)
8.9
(4 ratings)
In-Person Training
10.0
(1 ratings)
-
(0 ratings)
-
(0 ratings)
Online Training
9.0
(3 ratings)
-
(0 ratings)
9.1
(1 ratings)
Implementation Rating
8.2
(19 ratings)
-
(0 ratings)
8.1
(3 ratings)
Configurability
10.0
(4 ratings)
-
(0 ratings)
8.2
(1 ratings)
Ease of integration
10.0
(2 ratings)
-
(0 ratings)
7.1
(10 ratings)
Product Scalability
10.0
(3 ratings)
-
(0 ratings)
9.1
(1 ratings)
Vendor post-sale
10.0
(2 ratings)
-
(0 ratings)
9.1
(1 ratings)
Vendor pre-sale
10.0
(2 ratings)
-
(0 ratings)
9.1
(1 ratings)
User Testimonials
PaycorSquare PayrollTIS (Treasury Intelligence Solutions)
Likelihood to Recommend
Paycor Inc
Paycor is well suited for an organization with a strong implementation team or who has the budget to hire a consultant to implement Paycor. Once the system is implemented, Paycor is great. If you are a smaller organization, we suggest starting with just 1-2 modules and working your way up from there as setting up everything takes time and resources
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Block, Inc (Square)
Square is an amazing platform to have total control over the payroll of all the employees of a company or a specific sector. This platform has a very good functionality to collect exact information on how long each employee works, that is one of its most outstanding characteristics, because it monitors work schedules and overtime and generates detailed reports on the work time of each employee. Square does not allow to schedule payments, that is one of the main problems, however, I consider that it is a very good option for small and medium-sized companies that are looking for a way to have more exact administrative control over the working hours of all their employees. It is a software that works in the cloud, so all the work information that is collected will remain safe without any risk of loss.
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TIS Treasury Intelligence Solutions
TIS [Treasury Intelligence Solutions] is well suited for a company with multiple banking relationships in multiple countries. This can allow a treasury function to have better visibility and control over its daily cash management operations. It has very good report writing capabilities and dashboard functionality to customize a report for the end user.
Read full review
Pros
Paycor Inc
  • Open enrollment-their software is user friendly and has good features for end users and administrators
  • Onboarding-entering new hires is easy
  • Mass Template Upload-you can easily upload mass changes, the system is easy to use.
  • Reporting-their reporting tool is improving and AI is incorporated into it.
Read full review
Block, Inc (Square)
  • 1099 contractor payments are easy, and they provide you with the IRS filing as part of the service.
  • Direct deposit/debit from your already connected account to the employee.
  • Reporting and management features are simple yet inclusive.
  • Low cost compared to alternative solutions.
Read full review
TIS Treasury Intelligence Solutions
  • BTM MONITOR & Payment Monitor: we have a good view of the companies' bank statements & payments current status. Error tracking and issue logs can be found easily. In case of an error the error message describes it well so that we can act alone and solve the issues in most cases without further help. Speed is particularly important at month-end closes, you cannot be without a solution.
  • Payment files PAIN mapping. The Know-How of TIS and its expertise to PAIN file integration and possible options. We have not seen a case where our TIS Project Manager did not know the answer to an issue. Often it comes instantly. Sometimes they would of course investigate, but the root cause review of a technical issue is key to success here. These guys really know what they are doing.
  • Support Team of TIS. They have a very fast response time. I would point it out as being the key strength of the TIS package. You will never have critical items not addressed in due time. The speed and quality of their responses to issues is how it should be. From a financial operational point of view: It's important to ensure business continuity, which they do.
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Cons
Paycor Inc
  • The reporting capabilities of Paycor Recruiting are lacking. While there are some great features I would like to see more options for customization. The options to build my own report from SCRATCH with whatever fields I want/need would be a huge improvement. At this time, I have to finagle the reports to try and get what I need and often times I have to pull multiple reports and then do extra work outside of the system to end up with metrics close to what I’m looking for in the data.
  • The candidates search feature could use some improvement. In theory, the tagging system is a great idea but it leaves room for inconsistency and trying to search for a previous candidate who interviewed well isn’t always easy. This makes it harder to re-engage with people who could be a strong match for a new job opening.
  • Although the platform is very user friendly as far as ease of use and intuitiveness it can be VERY slow at times. There are days where the system moves at a snails pace and when there are multiple clicks to have to get to a specific spot in the system this can be very frustrating. This is especially try for navigating through job postings and candidate details.
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Block, Inc (Square)
  • It's a bit pricey for larger companies at $5 per person paid per month.
  • Has a bit of a learning curve that seems steeper than necessary
  • reports can be confusing at first
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TIS Treasury Intelligence Solutions
  • Improved VaR risk module to apply to cash balances exposure
  • Currency risk controls - volatility forecast
  • Trading platforms connectivity - hedging capabilities for SWAPtions
  • Probable ripple integration to make settlemets faster versus t+2
  • Compliance: not only track sanctions, payment details but get Credit Score of counterparty
  • Chinease counterparties details (state banks do not share) - fraud risk depreciation
  • Loans offering page
  • Direct banks chats - push to send message to operator
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Likelihood to Renew
Paycor Inc
Price point is the biggest driving factor. Paycor has made some strides in the customer service area and we've seen enough improvements that renewing our contract has become more a reality than a pipe dream. The system functions well and our employees are familiar with how it works, so to make a change would be a huge lift for our team
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Block, Inc (Square)
No answers on this topic
TIS Treasury Intelligence Solutions
Depends on stage of the project if it will be postponed in 2023. Se la vie. Will be happy to go on.
Read full review
Usability
Paycor Inc
Glitches. So many glitches. The customer service number provides basic troubleshooting, which doesn’t help; some issues take weeks to resolve, with no apparent reason why they occur. The system does not work on Safari. We have dealt with Payroll not working, which has caused a manual payroll to be run. Paycor representatives do not provide any assistance.
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Block, Inc (Square)
It could use a mobile-friendly interface. Other than that it's a simple layout and non-cluttered which allows you to get done what you need to get done. No unnecessary dodads or distractions.
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TIS Treasury Intelligence Solutions
The main feature of usability is the outcome you get upon actions done. TIS is not complecated solution - it is rational and has most needed capabilites for cash management via multiple accounts in different jurisdictions. It works well for this task and evolutioning to the field of risk management to get all treasury job done well.
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Reliability and Availability
Paycor Inc
I feel like Paycor is always up and running! If they are planning downtime, they communicate it clearly. Every once in a while, I get something that says the system isn't working but it is usually back up within the hour. I typically find by the time that the employees complain about it, that it is resolved within the system.
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Block, Inc (Square)
No answers on this topic
TIS Treasury Intelligence Solutions
No answers on this topic
Performance
Paycor Inc
For the most part, everything moves super fast. There are a few sections (Expense Management) that sometimes take a bit to load correctly. Or if they are interesting, it takes a minute to talk to each other! But reports are quickly downloaded and available! Even data heavy reports run fairly fast!
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Block, Inc (Square)
No answers on this topic
TIS Treasury Intelligence Solutions
No answers on this topic
Support Rating
Paycor Inc
I feel like support will transfer you back and forth between departments and put you on hold forever. I believe it is very difficult to see the status of an open ticket. During my experience, it feels like the client has to push all communication and request updates from support regularly.
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Block, Inc (Square)
I think they have quick and helpful customer service reps, however, I give them a 9 because I have had to wait on hold for long periods of time before.
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TIS Treasury Intelligence Solutions
Offered support information in the portal (knowledge base articles) as well members of the support provides a very good service level.
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Online Training
Paycor Inc
The online trainings are super helpful. They have user guides that you can read through, interactive training that will walk you through it as well as plain web based ones. I've actually never had an in-person training but all of the information you need can be found online. They also will do individual support training if you are struggling with a certain area.
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Block, Inc (Square)
No answers on this topic
TIS Treasury Intelligence Solutions
The training addressed our needs.
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Implementation Rating
Paycor Inc
Implementation of any new software is going to be challenging, especially if you are maintaining an existing program concurrently. When it is time for dual-processing (both old and new software) prior to going live, be prepared to be stressed. But trust the process and it will be over soon.
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Block, Inc (Square)
No answers on this topic
TIS Treasury Intelligence Solutions
The cloud connection meant less work for IT. The setup of the first 1000 accounts was very quick, so we went live after only 4 months.
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Alternatives Considered
Paycor Inc
They seemed similar but Paycor was cheaper at the time. However, Paycor has so many fees they tack onto every invoice that may not be the case anymore. The support services supposedly were better at ADP but that was an unknown
Read full review
Block, Inc (Square)
I liked patriot, but I found it to be more confusing than Square and took me too much time to setup. I setup Square Payroll in about an hour. I would also say the Square interface made more sense to me. I also like how Square offers more things like benefits, etc. that can be added on.
Read full review
TIS Treasury Intelligence Solutions
We have used bank applications and another large TMS provider based in the US. Our prior TMS was a full-scale system which was very robust and extremely complex. We were not using 3/4 of the functionality and we decided it made more sense to select a simpler system that met our core requirements which are connectivity and transaction & information support. TIS does this very well at a lower price point. In the end, TIS better suited our needs and was much simpler and more affordable.
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Scalability
Paycor Inc
I gave it a 10 because we only use it across one organization. However, it has allowed us to break it into multiple departments and layers of management. It is also easy for us to utilize across different locations but still under one master company. They have always provided us support when we decide to change something on an organizational level
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Block, Inc (Square)
No answers on this topic
TIS Treasury Intelligence Solutions
No answers on this topic
Return on Investment
Paycor Inc
  • We can process Payroll in a 25% of the time that we previously could.
  • Scheduling takes 2 or 3 times as much effort as it did before.
  • Onboarding allows employees to do self-service but comes with a lot of questions from team members so it is net the same amount of time at the end of the day.
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Block, Inc (Square)
  • Square Payroll has dramatically reduced the time it takes to process payroll.
  • We could have a faster payroll with the Square POS integration for commission, but that is not something we've implemented yet.
Read full review
TIS Treasury Intelligence Solutions
In terms of risk mitigation of course we can reduce the number of people having access to banking if not needed. With dedicated teams and less people with access to individual Bank portals. Before access to bank portals were necessary for all sorts of manual payments and exceptions if we really implement the 100% of functions and dont leave exceptions that risk mitigation can be achieved and efficiency at automated payment runs.
  • At a large corporation with more than 60 entities and 400+ bank accounts, the savings and improvements are massive considering how time-consuming the manual work would be. I don't have any numbers to quote, unfortunately.
  • We are now massively expanding our TIS with the full integration of automated payment runs. This has larger operational impacts, like the possible consolidation of banking and dedicated payment teams.
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ScreenShots

Paycor Screenshots

Screenshot of the real-time data insights that support critical business decisions.Screenshot of Paycor's expense reportingScreenshot of the recruiting processes streamlined in PaycorScreenshot of workforce scheduling in PaycorScreenshot of Paycor's mobile app, that allows employees to punch in and out from their phonesScreenshot of the Paycor Home Screen