So, you are considering Paycom.
You’ll be wondering if it's a good choice for you if its feature set compares well to other options on the market and if it is priced affordably enough for what you get.
This article will break all that down for you and more.
Plus, at the end of the article, you’ll find links to alternatives to Paycom as well as our top picks for the options in this category.
Or, just go straight to Our top picks for Best Payroll Software.
Without further ado, let’s get started.
Paycom is attributed with being one of the first fully online payroll providers. It offers an employee-driven solution that helps you with talent acquisition, payroll, HR management and time tracking. Additionally, Paycom reduces post-payroll corrections by allowing your workforce to verify and approve their paychecks for accuracy.
Here are some exclusive features of Paycom:
Applicant Tracking: Swift action is crucial to keep the best applicants from falling through the cracks during the hiring process. Paycom provides an applicant tracking system that helps you distribute jobs, create requisitions and evaluate candidates. Additionally, it offers e-verification and enhanced background checks for a seamless experience.
Onboarding: With Paycom, you can swiftly and seamlessly transition high-calibre recruits to productive contributors. You can ensure you retain your hard-won hires by streamlining the onboarding process. Paycom offers a self-service portal for employees where they can access training sessions and understand the work culture.
Tax Credits: Paycom's risk-free tax credits service identifies, secures and administers the government incentives available, improving your business's financial position. Additionally, it provides a financial incentive for business leaders to hire workers from groups that are underrepresented or face significant barriers to employment.
Garnishment Administration: With Paycom's garnishment administration, you can notify support when an employee is subject to garnished wages and let them handle the calculations and record-keeping. Moreover, the specialists administer garnishments by managing them from receipt of the order to expiration.
Expense Management: Paycom's expense management software simplifies the entire reimbursement process. It offers higher visibility into on-demand analytics and customizable reports on expense transactions, approval audits and spending by department.
Paycom offers an on-demand pricing quote for its payroll management platform.
Paycom Discounts and Coupons
Paycom currently does not offer any discounts or coupons for its subscription plans.
Paycom Free Trial
Paycom does not offer a free trial for its payroll management platform.
Paycom, A short how-to guide
Once you login to your Paycom account, you'll enter the home screen, where you can navigate to time management, payroll and other sections.
Click on "Time Management" to view employee timesheets and approve time-off requests. Go to the "Payroll" section to create new payroll. Any changes made in the timesheets will directly reflect on your next payroll.
Click on "Benefits" to view the extra benefits opted for by your workforce. Go to "Expenses" to manage your payables and outgoing EMIs. You can create job requests by clicking on the "personnel forms" tab.