OKLAHOMA CITY, OK, March 1, 2008 – Due to client demand, Oklahoma City-based Paycom has rolled out a new background check service for employers to use on applicants and current employees. Paycom’s background database has access to over 10 million previously completed searches and 300 million criminal records and continues to grow.

Paycom’s Director of Business Development Brad Richardson said the service can help meet the challenge employers face in hiring not only the right candidate for the job but to not hire the wrong candidate for the company.
“Today’s business environment has seen a rise in unethical business practices, workplace violence, and misleading resumes,” said Richardson. “A simple background check that is wholly integrated into our HR system can provide
insight upfront,” he added.

Paycom’s background checks service includes instantaneous options for thorough screening including national criminal background check, social security validation search, the sex offender registry, and terrorist watch list. Optional instantaneous searches include MVR (motor vehicle registration) and credit history. An employer can also choose to do a county criminal search, an employment verification, and an education verification, with results in a few
days.

“What makes Paycom unique is our integration of the system. Paycom will incorporate the findings into the employer’s existing single database and we never purge information,” explained Richardson. Because the information is saved, an alert will pop up if the same applicant applied in the future, which would instruct the employer on whether or not the  applicant was hired and the results of the screening. The background checks work by the employer logging into their Paycom HR system and inputting the applicant information. Once the screening is complete, the employer can simply hit the “hire” button and the applicant is immediately added into the payroll service. “That’s the big wow factor,” Richardson said. “It’s a huge time saver for our clients.”

The new service adds depth to the already fast-growing technology company. Paycom continues to mark record  growth by capturing the migration to outsourcing payroll processing with its proprietary web-based system. Paycom expanded it operations in two new markets resulting in a 250 percent employment growth within the past six months and a revenue increase of 100 percent for the year.

A staffing growth rate of approximately 50 new hires per month was attributed mostly to creating sales and new client payroll specialist positions to meet expanded operations.  Paycom added office space on two more floors of the Lakepoint Towers located at 4005 NW Expressway to accommodate the increase in personnel. More staff will be added in sales support for current offices and new offices as they open later in the year. “We are growing so fast because of
market demand. There are only a small handful of payroll companies that do what we do and their technology is becoming very outdated,” said Paycom’s CEO Chad Richison. “So businesses are attracted to the technological and economical impact of our value proposition.”

Headquartered in Oklahoma City, Paycom processes payroll for customers in all 50 states and has offices in Oklahoma City, Tulsa, Denver, Dallas, Fort Worth, Atlanta, Chicago, Springfield and Raleigh.

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