What is Paycom?
Paycom Software, Inc. (NYSE: PAYC) is an automated HCM platform. The HR and payroll software is built on a unique, single database that automates workforce management from hire to retire. Powered by its command‑driven AI engine, IWant™, Paycom is built to eliminate inefficiencies caused by disconnected systems and manual processes by delivering instant access to accurate data without requiring software navigation. As an payroll and HR software solution, Paycom is used by organizations of all sizes across the U.S. and internationally to simplify work for employers and their employees.
Building on this unified foundation, Paycom provides a range of Human Capital Management capabilities designed for the employee lifecycle. The Payroll solution, Beti®, utilizes employee-driven Automation that enables staff to review and approve their own pay to reduce manual intervention. Financial flexibility is facilitated by Everyday™, the platform's On-Demand Payment feature, which provides employees with access to earned wages ahead of the standard payday.
The talent suite—including Applicant Tracking with AI-supported Resume Parsing, Employee Onboarding, and Recruitment Automation—is intended to manage candidate transitions. Organizations utilize Talent Intelligence for Succession Planning, 360 Degree Feedback, and Performance Management. For organizational training, Paycom Learning includes a Learning Management System (LMS) with Course Authoring and eLearning Content, while integrated Benefits Administration and Expense Management manage administrative workflows.
Paycom also provides Employee Engagement tools such as Surveys and Mycom for peer recognition, while the "Ask Here" and Manager on-the-Go® features support HR Service Delivery and internal communications. Compliance management is integrated into the system to handle requirements for ACA Compliance, COBRA, and E-Verify. For international operations, Global HCM and International Payroll capabilities provide a system of record for managing distributed workforces and Org Charts across more than 180 countries.
Centralized oversight is provided by the Report Center, a unified Workforce Analytics and reporting engine. The system utilizes a single-database architecture to aggregate real-time data across payroll, HR, and talent management for trend analysis and audit readiness. The Push Reporting® feature automates the delivery of custom and standard reports, including metrics for Turnover, Labor Costs, and Recruitment Performance, to authorized users on a scheduled basis.
Categories & Use Cases
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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.
Technical Details
| Deployment Types | SaaS |
|---|---|
| Mobile Application | Apple iOS, Android |
FAQs
What is Paycom?
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.
What are Paycom's top competitors?
ADP Workforce Now, Paylocity, and Paycor are common alternatives for Paycom.
What is Paycom's best feature?
Reviewers rate Direct deposit files highest, with a score of 9.3.