Platforms
Web, iOS App, Android
Pricing
Free Option
Free Trial
Paid Option

Paycor HCM, Inc.

  • 1990
  • Cincinnati, Ohio, USA

Paycor is a versatile payroll management tool designed to meet the needs of businesses looking for streamlined payroll processing and comprehensive HR solutions. With an active user base of over 10,000, Paycor has established itself as a reliable option for companies of various sizes. It provides features that enhance efficiency in payroll processing while ensuring compliance with ever-evolving labor laws. Offering a user-friendly interface and extensive support resources, Paycor is continually updated to meet the demands of remote and hybrid work environments.

Key Features

Paycor allows users to automate labor-intensive payroll tasks, thereby saving time and minimizing errors. Companies can manage payroll for hourly and salaried employees with ease, keeping track of tax calculations, benefits, and deductions automatically. The platform also includes advanced features such as time tracking and employee self-service portals that empower staff to manage their own payroll information. Additionally, Paycor integrates with numerous accounting and HR software systems, facilitating a seamless workflow across different business operations. Furthermore, businesses benefitting from Paycor’s analytic capabilities can delve into customized reports, providing insights into labor costs and employee performance. For customer support, Paycor offers various channels including live chat, phone support, and an extensive knowledge base. This ensures that businesses can get the help they need when they require assistance, enhancing overall user experience.

Practical Benefits

Companies that utilize Paycor often benefit significantly from its payroll management capabilities. For instance, a small retail business might leverage the software to automate payroll for its part-time workforce, eliminating the need for manual calculations. A mid-size tech firm could use the analytics tools to track productivity and labor costs closely, helping identify areas for improvement. Moreover, remote teams can conduct payroll tasks from anywhere, enhancing flexibility in workforce management. By integrating Paycor with existing tools like QuickBooks and Salesforce, businesses can automate data transfer between systems, ensuring consistency in their financial and HR records. This capability reduces the chances of discrepancies and saves time spent on data entry.

Pricing

Free Access

  • βœ“ Free Trial Available

Paid Plans

USD 99.00/monthly

Base price, plus additional fees per employee.


Pros and Cons

Pros:

  • User-friendly interface
  • Automated payroll processing
  • Extensive HR tools
  • Employee self-service portals
  • Robust reporting and analytics
  • Integration with various accounting software
  • Responsive customer support
  • Mobile accessibility

Cons:

  • Higher cost for small businesses
  • Limited customization options
  • Steep learning curve for some features
  • Occasional technical issues
  • Integration challenges with legacy systems
  • Customer support can be delayed
  • Mobile app features are limited
  • Additional fees for advanced reports

Specifications

Use Cases

Managing payroll for a remote workforce
Integrating payroll with time-tracking
Generating detailed labor reports for analysis
Implementing employee self-service for easier access
Streamlining compliance with tax regulations
Tracking PTO and leave of absence
Configuring benefits administration
Onboarding new hires efficiently
Conducting year-end financial audits
Enhancing payroll reconciliation processes

Target Audience

Small Business Enterprise Remote Teams

Security Features

Multi-Factor Authentication End-to-End Encryption Data Backup

Compliance

GDPR SOC 2 CCPA

Tech Stack

Node.js Python React AWS MySQL

Reviews

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FAQ

What platforms and devices can I use Paycor on?

Paycor provides comprehensive platform support across Web browsers, iOS devices, Android devices. This cross-platform availability ensures you can access and use the tool wherever you work, providing a seamless experience across all your devices.

What are the pricing options and plans available for Paycor?

Paycor provides premium paid plans with pricing starting from USD 99.00 per monthly for Base price, plus additional fees per employee.. Additionally, a free trial is available, allowing you to test the full feature set before making a commitment.

What security features and compliance standards does Paycor implement?

Paycor prioritizes security and data protection with a comprehensive set of features, including Multi-Factor Authentication, End-to-End Encryption, Data Backup. The platform complies with major security standards and regulations, including GDPR (General Data Protection Regulation), SOC 2, CCPA (California Consumer Privacy Act).

Who is the ideal user for Paycor?

Paycor is specifically designed to meet the needs of small businesses, enterprise organizations, remote teams. The tool provides features and functionality specifically tailored to address the unique challenges and requirements of these user groups.

What are the key benefits and potential limitations of Paycor?

Paycor offers several significant advantages, including user-friendly interface, automated payroll processing, extensive hr tools, employee self-service portals, robust reporting and analytics, integration with various accounting software, responsive customer support, mobile accessibility. However, potential users should consider some limitations, such as higher cost for small businesses, limited customization options, steep learning curve for some features, occasional technical issues, integration challenges with legacy systems, customer support can be delayed, mobile app features are limited, additional fees for advanced reports.

What technologies and integrations does Paycor support?

Paycor is built on and integrates with modern technologies including Node.js, Python, React, Amazon Web Services (AWS), MySQL. This robust technological foundation ensures reliable performance, scalability, and seamless integration capabilities.

What are common use cases for Paycor?

Paycor is versatile and can be used in various scenarios, including: Managing payroll for a remote workforce, Integrating payroll with time-tracking, Generating detailed labor reports for analysis, Implementing employee self-service for easier access, Streamlining compliance with tax regulations, Tracking PTO and leave of absence, Configuring benefits administration, Onboarding new hires efficiently, Conducting year-end financial audits, Enhancing payroll reconciliation processes. These use cases demonstrate the tool's flexibility and broad applicability across different business needs.

How long has Paycor been in the market?

Paycor was established in 1990 and is headquartered in Cincinnati, Ohio, USA. Since its inception, the platform has evolved and grown to become a trusted solution in its field.

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