Paycom: A Great Company
May 06, 2021

Paycom: A Great Company

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Paycom

We use Paycom across our organization for everything from hiring, to timekeeping and payroll to HR and benefits management. Paycom has provided a one-stop-shop for all of our HR/Payroll needs.

Pros

  • Paycom's Pay data grid and payroll processing features streamline the payroll process.
  • Timekeeping is very versatile. We are in California and have a lot of timekeeping laws that must be managed. With Paycom, we have the ability to use various clocking types(web, hardware, etc.) They keep us in compliance with the meal period penalty issues as well.
  • File feeding employee information to our benefits carriers has been a huge help and timesaver.

Cons

  • We process payroll with different pay period end dates, but the same pay date. Currently, Paycom does not have the ability to do that as one payroll. They have to be split and processed separately.
  • We would like to see more ability to view as an employee so when creating things we know beforehand exactly what our employees will be seeing and how they will use features.
  • We would like to see better customization of some reports in Paycom, specifically their worker's comp reports.
  • Ease of use has saved us time as we have grown. It has helped keep staffing levels neutral as the company has grown.
  • We have saved money in benefits administration errors with file feeds.
Cost is one of the biggest reasons that we changed. The ability to get an entire HR/Payroll suite for less money than we were paying with ADP was extremely beneficial. Over the years as Paycom has grown, the product far surpasses ADP in ease of use and overall functionality. And unlike ADP who raises prices every year, Paycom locked in our rates and we have only had one rate increase in 7 years.
Paycom is great for companies of any size. We utilize it for a company of 50 employees and on with 350 employees. The functions a simple and easy to use. It's well suited for a large or small group of HR and payroll professionals working together in an organization to manage employees.

Paycom Feature Ratings

9.0
Employee demographic data
9
Employment history
9
Job profiles and administration
9
Workflow for transfers, promotions, pay raises, etc.
10
Organizational charting
9
Organization and location management
9
Compliance data (COBRA, OSHA, etc.)
8
8.8
Pay calculation
9
Benefit plan administration
8
Direct deposit files
9
Salary revision and increment management
9
9.0
Approval workflow
9
Balance details
9
Annual carry-forward and encashment
9
9.0
View and generate pay and benefit information
9
Update personal information
9
View job history
9
View company policy documentation
9
Employee recognition
9
Asset Management ()
Not Rated
7.5
Report builder
7
Pre-built reports
8
Integration with other HR capabilities ()
Not Rated
8.0
Performance plans
8
Performance improvement plans
8
Review status tracking
8
Review reminders
8
Multiple review frequency
8
Succession Planning ()
Not Rated
8.5
New hire portal
9
Manager tracking tools
8
8.0
Individual goal setting
8
Performance tracking
8
8.7
Job Requisition Management
8
Company Website Posting
9
Publish to Social Media
9
Job Search Site Posting
9
Duplicate Candidate Prevention
8
Applicant Tracking
9
Notifications and Alerts
9

Comments

  • Paycom Representative | TrustRadius Reviewer
    Paycom Representative
    (Vendor Representative) commented 3 years ago
    Thank you for sharing your experience and we appreciate your feedback! We’re excited our software has improved your payroll workflow. Please share any other enhancements you would like to see with your dedicated specialist or our team at feedback@paycomonline.com.

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