Paycom

The product is a human capital management platform that combines payroll, HR, time and labor, talent acquisition and talent management in a single database to reduce duplicate entry, manual corrections and errors from disconnected systems. It sells to HR managers, finance executives, IT decision makers and executives at small, medium and enterprise businesses across industries including education, health care, hospitality, manufacturing and retail. It is positioned as a single-database platform built as one system rather than stitched-together tools, with automation that flows data across hiring, time and payroll and guides employees to fix errors before submission.

Key features

• Automated payroll (Beti)
• Vault Payroll Card
• Daily payroll (Everyday)
• Payroll tax management
• Garnishment administration
• Expense management
• Mileage tracker and FAVR
• Applicant tracking
• Candidate tracker
• Onboarding
• Tax credits
• Enhanced background checks
• E-Verify
• Employee self-service
• Retention dashboard
• Position management
• Performance management
• Compensation budgeting
• Career and succession planning
• Learning management
• Certification management
• Benefits administration
• Benefits to carrier
• COBRA administration
• Enhanced ACA compliance
• Personnel action forms
• Report Center
• 401(k) reporting
• Time and attendance
• Time clocks and terminals