The Difference in Paycom’s System is Our Use of Today’s Technology
The benefits of Paycom’s technology are eye-opening and once you’ve experienced their convenience and flexibility you won’t imagine reverting back to traditional methods.
Anywhere, Anytime, Paycom Payroll
Software-as-a-Service (SaaS)
A model of business software deployment, SaaS applications are provided as a service across the Internet. For over a decade Paycom has been perfecting the online deployment of cutting-edge payroll and HR functionality to employers looking to streamline these processes.
The benefits of SaaS include:
- 24/7 access from any Internet connection
- Real-time changes and reporting capabilities
- Scalable software that evolves based on the changing needs of the users
- On-demand pricing that replaces up-front investments in traditional software
- Frequent and seamless system enhancements versus system upgrades
- Economies of scale that provide better, more affordable, more secure, and reliable applications than most companies can deploy themselves
Single Application Solution
Traditional payroll and HR systems combine multiple applications resulting in duplicate entry of employee information, different websites or software with different logins, and the inability to effectively share information. Paycom’s single application solution combines in one database, Payroll, Time and Attendance, HR, Employee Self Service, Background Checks, Benefits and COBRA Administration.
The benefits of a single application include:
- Employee information entered one time for all services
- Employee data is consistent in payroll, HR, time and attendance, benefits, COBRA and background checks
- One login per user to access all services
- Access can be customized per user login for separation of duties and to protect confidentiality
- On-demand pricing replaces up-front investments in multiple versions of software
- Streamlining of processes, for example:
- Enter applicant information for a background check, if they’re hired, simply click the hire button to populate the payroll system.
- When you terminate an employee, the system prompts you to send a COBRA notice.
- Eliminate manually keying in timecard data by using web-based time clocks and/or time cards that are integrated with payroll.
System
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