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Overall Satisfaction with Paycor
Paycor is used to track time and attendance, process payroll, manage benefit enrollments, and other HRIS functions across the entire organization.
Pros
- The integration between time and attendance and payroll processing is very seamless and easy to use. Once time is approved and verified, it is very quick and easy to run payroll.
- Creating import files from each pay run to the GL is very quick and easy. All the GL mapping is done in Paycor and is easy to maintain and update as needed.
- Reporting is fairly robust; once a user becomes familiar with the various data fields, creating custom reports is not overly difficult to do.
Cons
- Reports for time and attendance are not nearly as robust as reports from payroll; finding the information you need takes more skill.
- The employee review process that is part of the platform is cumbersome; the workflows are clunky and do not really provide any flexibility. Employees are not able to actually add their own comments to their review--they have to give them to their manager manually and then the manager has to enter the comments
- Managers have a better line of sight into their employees' time and can manage overtime more easily.
- The actual time to do the payroll processing decreased from about 6 hours to under 1 hour.
- The employee portal is easy to use and provides up-to-date information to each employee.
Our HR and/or payroll team has saved 1-25 hours per month. - The seamless integration between time and attendance and payroll provides significant time savings compared to our previous provider. Benefit deductions and other deductions are also much easier to manage and push through from HR to payroll. In addition, we have a full 360 bridge with our retirement platform which has greatly increased our efficiencies as well as reduces our liability in managing our 401K.
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