Paycor allows the ability for job costing!
November 23, 2019

Paycor allows the ability for job costing!

Shealeen Kirby | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Paycor

Paycor is being used as a time tracking device for hourly employees and a job costing aid for our software development process for our engineers. It allows us to capture time precisely and be able to run reports based on that data. We also use it for our open enrollment, benefit elections, and a general area to house all of our payroll and some HR related items within each employee's profile. We have not completely transitioned to doing all of our company-wide reviews on there, but it is very helpful to have a complete product fill all of our needs.
  • A dedicated representative to help with any of our questions and concerns that is familiar with our account.
  • The ability to do job costing and run reports based on that data.
  • Allowing our employees to have flexibility on their time cards with having the mobile punch option.
  • We had a bit of an issue with our representative at the beginning of not communicating well, however, we have a new rep and she is wonderful!
  • Reporting could use some work, there are a ton of reports, but there aren't specific items that I need, like running a census that allows me to see which state each employee is located in for our State reporting requirements.
  • Reporting again usually has some bugs that are associated with it, so it will sometimes take me quite a while to run a report that has a lot of data on it for our job costing.
  • Foreign payroll would be nice to have and the ability to allow for PTO accruals and time tracking for our foreign employees.
  • We had had a huge increase in efficiency in our software development job costing, which has helped us to close our books in record time.
  • I believe that we have had minimized compliance risks with the ability to see an audit log for everything that is done within Paycor.
  • From what I can see, we have had improved employee experience since we had moved from Paychex and ADP prior to our transition to Paycor, which Paycor has allowed us a lot more visibility and functionality that the other providers didn't have.
Our HR and/or payroll team has saved over 50 hours per month. - With the amount of time that I and our old HR/Payroll lady have saved, it has been an amazing experience. It has also saved our CTO a ton of time by being able to see the curated reports that we provide to him from exports out of Paycor that frees up his time to work on other more important tasks. I think overall, we have seen a huge improvement in all of our processes, especially in the HR/Finance department.
The usability is great! I love how we are able to get immediate reporting after payroll is run. I love the fact that we are able to get a general ledger export after every payroll that has been customized so there is very little time associated with trying to edit a journal entry to get it usable into our system. It has allowed us to save time on creating journal entries, job costing reporting has been a huge help, and the ability to have so much flexibility on reporting. This product really has saved us time and a ton of headaches!
User experience and the interface are so much better than the other products that we have used in the past. The job costing feature that I keep going on about is probably one of the largest items that allow us for such time savings with our CTO and in our finance department. The ability to customize our general ledger accounts for our general ledger export saves us a ton of time. There are so many other great pieces to this product that are so much better than all of the other solutions that we have tried before.
Paycor really has fulfilled quite a lot of our needs. One of the issues we have come across though is that we are not able to run foreign payroll out of it, so we aren't able to effectively track our foreign employee's PTO out of it either. I understand the reason why it doesn't roll properly, but it would be nice if Paycor, in the future, can become more diversified to be able to handle all of our foreign employee payrolls.

Paycor Feature Ratings

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