What is Paycor?
Paycor is an integrated Human Capital Management (HCM) platform. It assists its users with recruitment, human resources, as well as payroll solutions. They have an all-in-one HRIS system that has the following which can be easily managed by users:
- Tax compliance
The HCM technology of Paycor hr is considered to be a modern and intuitive platform, which can help the companies that utilize it to improve their workforce management once they incorporate the solutions. These HCM solutions are tailor-made for the company’s business processes.
It is extremely user friendly and can be integrated easily into existing HR solutions. This helps users expedite their daily operations. The platform is also supplemented with personalized support. Paycor ximble comes with user-friendly technology that is used in its key HCM processes. This includes recruitment, onboarding, payroll as well as timekeeping.
Paycor time and attendance have acted as a key partner of over 30,000 small and medium-sized businesses since 2005. Because of the application’s dedication to its innovation and also integration and scalability of the HCM solutions that they provide. These are essential in addressing all of their users’ constantly evolving needs in their companies.
The solutions that the Paycor time clock provides have helped their partner businesses. It creates and maintains the capacity that will help them streamline their workflow, along with lower operational costs. This is what helps companies remain competitive in their respective industries.
- Company: Paycor company
- Website: paycor.com
- Founded in 1990
- Located in United States
Key Metrics of Paycor Software
Comprehensive HCM Software
The solutions that Paycor applicant tracking provides are considered to be by far one of the most all-encompassing HCM software available in the market today. This includes a class applicant tracking system as well that helps its users by supplying them with real-time dashboards. This allows users to use attendance on demand Paycor to manage everything that takes place during the recruitment process.
For example, once the hiring of a new employee is finalized, users can utilize Paycor onboarding to create connections for the new employee with the rest of the company members before they officially join the organization. This increases the engagement with the members of the company’s HR teams as well.
The software comes with all the necessary forms that are needed for the onboarding process. Paycor human resources have electronic acknowledgment which makes it a lot simpler when it comes to compliance. It greatly lowers the chance of compliance risks because it is visible to all the application’s users which new hires have taken the time to read and acknowledge all the important and required information.
Paycor direct deposit makes it possible for new hires to even put in and add their own information in the software. This helps in reduce costs as well as increase the efficiency of all processes.
Ease of Use
When it comes to the management side, the HCM system that Paycor clock in has allowed users to work on a simple interface that comes with integrations with a lot of other HR applications. This makes it easy for users to control their workforce.
Paycor perform customizable email and response templates for the users. It also has embedded real-time analytics. This way users can easily track any candidate’s progress. It also allows them to create appropriate responses based on the progress made.
Unified HCM Solution
The Paycor HCM platform really modernizes all the aspects of people management. It completely changes the way organizations recruit, onboard, and develop their staff with the application. The way employees receive their payroll and retain their employees is also improved, which helps in building a better company culture.
All of this is accomplished by unifying the company’s HCM system. Paycor Newton acts as the one single source for all employee data. This way management and staff can easily do away with switching platforms. They do not have to log-in to multiple systems and re-key information or even open a number of spreadsheets.
This level of integration within the application simplifies the daily work processes. Management and employees both gain the time to focus on important tasks and assignments that need to be completed.
Deeper Analytics and People Insights
When companies have a single source of employee data, it lets management gain deep insights and even create various predictive analytics around key HR metrics. This includes the following:
- Employee retention
- Labor costs
- Diversity, among other pertinent information
When users have access to data such as this, management can make more nuanced decisions and other projections.
Payroll and Tax Compliance
Paycor payroll services also make sure it has an accurate compensation system. You can do it through a powerful payroll tax compliance solution that Paycor mobile provides. It also has automated workers’ compensation, along with a feature-rich timekeeping software known as Time Clock.
Time Clock comes with seamless and authentic payroll integration. It optimizes efficiency in more than just timekeeping, it also helps with compensation.
Hiring Suitable Talent
Paycor for employees has recruitment aids as well, such as the Paycor’s Recruiting Pro. This goes above and beyond any typical ATS. It helps businesses and companies to recruit candidates in a unique manner, which also includes text messages.
Paycor employee benefits also have an online Employee Referrals program. Use it to get better candidates from the existing employees, and make the entire process a lot faster. Employees can share job availabilities on their social platforms. Paycor employee mobile has its Analytics platform that gives deeper insights into various key metrics such as:
- Candidate Pipeline
- Top Candidate Lead Sources
The team of Paycor w2 provides a host of features as listed below:
- Human resources management
- Screening of all employment
- Time clock software
- Payroll and tax compliance
- Management of all the employees’ compensation
- ACA compliance
- Reporting and analytics
- HRIS system
Paycor cost does not come with a free trial for its users. The charges of the application are all quote-based for which companies will directly have to contact the vendor.
The pricing depends on the type of solutions the company wants to utilize for their business processes. To create plans which are unique and customized to the company’s needs, you will have to contact a representative for the Paycor demo.
Pros and cons
Just like any other software, there are a few disadvantages to this tool too. Based on the Paycor reviews given by its users, we have compiled a list of pros and cons.
- The ability to run custom reports, the ease of the software
- Ease of use, intuitive, presentation of database information
- functionality, Ease of use, payroll processing made easy, and reports options.
- Ease of use, accessibility, integration between modules, and some options for customization
- The desktop version is different from the phone app. Which makes it difficult to use for some employees
- I wish there was a way to allow employees to edit their own hours without making them an administrator…. maybe something that would flag it so I could approve or verify?
- The biggest Paycor problems are that we have is that employees must sign in every time they open the app. It doesn’t allow them to stay signed in, or even for autocomplete to fill out the login info
You can integrate the following tools to the Paycor system:
- Employee Navigator
- DayCare Works
Paycor home supports devices that utilize Windows and Mac and also provides web-based solutions for its users.
Paycor application is a Cloud Hosted platform.
The language available for use on the Paycor website is English.
The pricing is strictly quote-based and customizable based on the company’s requirements. Contact a Paycor sales representative to know more.
The software can be used by members of businesses of all sizes. Their plans are suited for small businesses, large enterprises as well as medium-sized businesses
Here are some mediums provided by the company to learn about the software.
- 24/7 (Live Rep)
Awards/ Accolades/ Certifications
Paycor customer service has been awarded quite a few awards in the year of 2019 based on its usability and software. Some of the application’s accolades are as follows:
- Expert’s Choice Award in 2019 by Finances Online
- Great User Experience Award in 2019 by Finances Online
- Supreme Software Award in 2019 by Finances Online
Here are some Paycor alternatives Toolsmetric recommend you to see before opting this software for your business :
Gives me easy quick accessory anything related to payroll and employees information if need it. 24/7 access on the phone
- Easy quick access to vacation sick hours, paystubs, employees information of need it. Very user friendly app.
- Inability to turn certain features off - Since our service relies on coverage, we cannot just request time off. The shift needs to be traded. I wish I could turn off the "request time off" feature so that it doesn't get used at all.