Paycom has no competition
December 11, 2024

Paycom has no competition

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

Overall Satisfaction with Paycom

I primarily use Paycom in my organization to complete my timecard. The ability to add hours and skip weekends makes salary timekeeping simple. The ability to assign certain hours to grants is especially useful for nonprofit employees. Paycom also aids in our yearly performance reviews. The documents for benefits and other related information are easily accessed throughout the year, which adds a sense of convenience and organization.

Pros

  • The ability to add hours and skip weekends makes salary timekeeping simple.
  • The ability to assign certain hours to grants is especially useful for nonprofit employees.
  • Paycom aids in our yearly performance reviews.
  • The documents for benefits and other related information are easily accessed throughout the year, which adds a sense of convenience and organization.

Cons

  • During the initial year using Paycom for performance reviews, there was some trouble with scoring accuracy.
  • Workflow for timecard management is simplified but able to be optimized to an individual organization's needs
  • Performance review collaboration for managers and employees
  • Quick and easy PTO management and projections

Do you think Paycom delivers good value for the price?

Yes

Are you happy with Paycom's feature set?

Yes

Did Paycom live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Paycom go as expected?

I wasn't involved with the implementation phase

Would you buy Paycom again?

Yes

Paycom is especially helpful for those who work in nonprofit environments, as there is an option to add grants to a timecard entry. This can be broken down into decimal points as well - for example, 4.4 hours. Therefore, the option exists to add multiple types of pay to a timecard entry.

Paycom Feature Ratings

8.0
Employee demographic data
Not Rated
Employment history
8
Workflow for transfers, promotions, pay raises, etc.
Not Rated
Compliance data (COBRA, OSHA, etc.)
Not Rated
8.3
Pay calculation
8
Benefit plan administration
10
Direct deposit files
10
Salary revision and increment management
5
Reimbursement management
Not Rated
10.0
Approval workflow
10
Balance details
10
Annual carry-forward and encashment
10
10.0
View and generate pay and benefit information
10
Update personal information
10
View job history
10
View company policy documentation
10
Asset Management ()
Not Rated
Not Rated
Report builder
Not Rated
Pre-built reports
Not Rated
Integration with other HR capabilities ()
Not Rated
8.8
Performance plans
8
Performance improvement plans
7
Review status tracking
10
Review reminders
10
Multiple review frequency
Not Rated
Succession Planning ()
Not Rated
10.0
New hire portal
10
Manager tracking tools
Not Rated
8.0
Individual goal setting
10
Performance tracking
6
Not Rated
Job Requisition Management
Not Rated
Company Website Posting
Not Rated
Publish to Social Media
Not Rated
Job Search Site Posting
Not Rated
Duplicate Candidate Prevention
Not Rated
Applicant Tracking
Not Rated
Notifications and Alerts
Not Rated

Comments

  • Alexis Correa | TrustRadius Reviewer
    Alexis Correa
    (Vendor Representative) commented a year ago
    We're thrilled to hear that Paycom is simplifying tasks like timecard management and performance reviews. We aim to provide world-class service and automate HR and payroll tasks, freeing up your time to focus on what matters most. Thank you for your 5-star review!

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