Paycom Payroll Software Review

#10 in Payroll Software

 

Since 1998, Paycom has been developing payroll and business-related software to help its clients lower labor costs, improve overall efficiency and streamline many business processes. Paycom’s payroll software is offered as an SaaS, pay-as-you-go service. It can handle different payroll tasks including automatic payroll services, payment options, expense management and tax processing among others.

 

Features

 

Online payroll processing

  • Cloud-based, process anywhere and anytime
  • Unlimited users with customized access
  • Automatic payroll updates with time data and employee changes
  • Set future dates for earnings and deductions
  • Manual check process incorporating all earnings and deductions
  • Verify payroll before processing
  • Large number of standard reports
  • Track all system changes with audit trails  

 

Paycom Pay

  • Check payments for employees who clear off a Paycom bank account
  • Payroll, taxes and fees drafted from your account

 

Expense Management

  • Set expense rules (deduction type, dollar amount, reimbursements)
  • Flag suspicious expenses for investigation
  • Group expenses into categories with reimbursement limits
  • Assign expense rules and categories for specific employees or group of employees with expense classes
  • Lets employees upload receipts and submit reimbursements
  • Self-service and reimbursement status viewing with Expense Dashboard
  • Automatic payroll updates with employee reimbursement information
  • Expense activity monitoring with expense management reports

 

Garnishment Management

  • Alleviate costly calculating errors
  • Reduce direct communication with garnishment agencies
  • Paycom will handle communications with garnishment agencies and calculate and track garnishment payments

 

Payroll Tax Management

  • Limit your payroll tax responsibilities
  • Paycom will debit your payroll taxes, deposit them on their due date and sign and remit your payroll tax filings.

 

Reporting

  • Push reporting
  • Expense Audit report
  • Transaction reports
  • Approval report
  • Expense classes report

 

Time and Labor Management

  • Time and attendance
  • Web time clocks
  • Hardware terminals
  • Labor allocations
  • Labor management reports
  • Schedule exchange
  • Time-off requests

 

Pricing

Call for pricing

 

Support Services

Support services

Support hotlines

 

Summary - Paycom

Paycom is a full-featured payroll service capable of handling a variety of payroll-related tasks. It offers businesses a simpler way of creating a payroll system that integrates HR and time management features. With Paycom, clients are assured that they are able to pay the right taxes and employees are paid accurately.

 

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