Industry-Leading Payroll and HR Software for Financial Institutions
Paycom provides many banks and credit unions throughout the U.S. a secure, full-service payroll and HR solution for their organizations and business clients.
The Paycom Difference is . . .
Streamline Payroll and HR and Reduce the Re-Keying of Information
- Paycom provides one application to meet your personnel needs including Payroll, HR Information Management, Background Checks, Benefit and COBRA administration, Time and Attendance, and Employee Self-Service which means you enter employee data one time for all services. This eliminates the maintenance of multiple systems that leads to errors and inconsistency in data.
Delegate Payroll and HR Duties With Confidence
- Paycom allows you an unlimited number of users with full or restricted system access so you can delegate your payroll and HR responsibilities and still protect confidential information while using one system. Ideal for multiple locations, all users have real-time system access to add employees, make changes, approve timesheets, run reports, and more.
Know Your Employee Data is Secure
- Paycom annually completes a SAS 70 Type II audit of our internal controls to insure the security of your information and we employ industry-proven standards for online security including 128-bit encryption, 24/7 system monitoring, and multiple offsite backup locations.
Monitor System Changes
- For additional security, all system changes are tracked with our audit trail that reports what was changed, who changed it, when, and the old and new values
Integrate Background Checks
- Paycom can automate your background check to hiring process. Once applicant information is entered and a background check is run, if hirable, simply click the Hire button to populate the payroll system. You can also easily run current employee background checks all done in compliance with the Fair Credit Reporting Act (FCRA).
Easily Make Employee Changes
- From one screen you can access everything from demographics, pay rates, and taxes, to deductions, accruals, and HR information to quickly update employee information. Or, you can use our Batch Editing feature for group updates on accruals, deductions, pay rates, Workers’ Comp codes and more.
Empower Employees With Self-Service
- Ideal for Direct Deposit employees, they can access Self-Service online and view their paystubs, deductions, accruals and even request time off. They can enroll in benefits and even model a sample paycheck to see the effect of changes in deductions. This is also where employees can clock in and out online or enter time in an online time sheet.
Go Green With Integrated Time and Attendance
- Employees can clock in and out at their desks or simply enter their time in online timesheets. Supervisors have online approval capabilities and once approved the data is automatically transferred to payroll. This greatly reduces paper consumption and the errors in mis-keyed and calculated hours that come with the manual entry of time from paper timesheets.
Automate Requests for Time Off
- Another paperless advantage, from Employee Self-Service an employee can view their available time and enter a request for time off. Supervisors are notified and from the online system can approve or deny the request with comments. The integrated system automatically posts the approved time off on the employee time sheet.
Enjoy Paperless Reports and Digital Data Storage
- With over 250 custom fields you can track employee information specific to your financial institution. Track training, certification, company property, FMLA, EEO statistics and more that can all be reported on with our robust Report Writer. You also receive many Standard Reports after every payroll. Paycom doesn’t purge your data for terminated or current employees so you always have digital access to your historical information.
Offer Your Business Clients a Payroll and HR Solution
- Many of our banking clients have been so pleased with the service and software that Paycom provides that they offer our product as a business solution for their customers.