A human capital management software with onboarding, performance reviews, and PTO management.

Product Overview

Paycor is a human capital management (HCM) software that provides cloud-based onboarding, HR, payroll, and timekeeping software capabilities. Paycor’s HCM platform modernizes every aspect of managing the people of a business, from the initial recruitment, retainment, and paying them via payroll.

Paycor’s HCM software makes managing day-to-day operations easier via applicant tracking, reducing administrative tasks for open enrollment and benefits, to keeping an eye on payroll costs. It has modules offering custom reports, on-demand HR features, and timekeeping utilities.

Pros

  • Offers an intuitive user interface
  • Includes compliance management
  • Automates HR-related tasks

Cons

  • Limited customization options
  • Lacks advanced functionality

Target Market

Small to medium-sized businesses with 10 to 1,000 employees in sectors like healthcare, automotive, and food and beverage.

The HCM solution can operate as a:

  • HR and payroll software
  • Talent management software
  • Workforce management software
  • Employee experience software
  • Benefits administration software

Video Overview

Paycor Features

Payroll

  • Optimize Processes: Customizable payroll workflows, pay on-demand, wage garnishment services, and 401(k) integrations.
  • Reporting and Analytics: Alerts and exception reports.
  • Fully Customizable: Customizable pay grids and pay stubs.
  • Employee Self-Service: Mobile access to pay stubs, W-2s, and benefits info.

HR

  • Employee Recordkeeping: Stores employee details like timecards and pay rates.
  • System Automation: Streamlines HR tasks with automated workflows, reminders, and notifications.
  • Go Paperless: Manages creating, sharing, and storing digital documents.
  • Engaging Self-Service: Employees can access and sign documents, complete tasks, and update profiles via web/mobile.
  • Employee Experience: Motivate and recognize employees.
  • Optmize Performance: Gain insights on turnover, absenteeism, headcount, and compensation.
  • Enhance Communications: Keep employees informed with company updates, chat features, and mobile alerts.

Analytics

  • Transform Data: Provides visualization tools for better data interpretation.
  • Data Integrity: Displays trends and workforce predictions with complete data transparency.
  • Deeper Insights: Investigate headcount and turnover factors.
  • Competitive Advantage: Compare workforce data with competitors.

Recruiting

  • Remote Hiring: Enhance virtual recruitment with video and scheduling integrations.
  • Candidate Texting: Follow up and communicate with candidates.
  • Interview Scorecards: Save post-interview feedback automatically through scoring.
  • Automate Offers: Streamline the job offer process to boost acceptance rates.
  • Find Candidates: Automatically posts jobs to Indeed, LinkedIn, Glassdoor and ZipRecruiter.
  • Career Pages: Create branded career sites without coding knowledge.
  • Employee Referrals: Helps employees share job openings with their personal networks.
  • Analytics: Analyze hiring processes, time-to-hire, and lead sources.

Onboarding

  • Onboard Anywhere: Allows new hires to fill out information and sign documents on mobile devices.
  • Engage Early: Provide company information, handbooks, and other policies to employees before their first day.
  • Tax Credit Integration: Capture significant tax credits during hiring.
  • Easy Compliance: Permits electronic completion and review of I-9 and W-4 forms.
  • Increase Efficiency: Provides bulk actions for onboarding large groups.

Product Overview

Developer Overview

  • Name Paycor, Inc.
  • Year Founded 1990
  • Headquarters Cincinnati ,Ohio ,USA
  • Type Private
  • Est. Size 1k-5k employees
  • Est. Revenue $100M-$200M

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User Reviews of Paycor

Jeanette Stahli
Overall
★★★★★
★★★★★

Paycor Review

February 9th, 2022 • Roles: Purchaser & End User

Paycor Onboarding empowers us to drive employee engagement and excitement while automating all of the paperwork. And making the switch has saved us time–about 80 hours a year.

Kristy Bonvillain
Overall
★★★★★
★★★★★

Our EEO-1 reporting is finished after only a few clicks

February 9th, 2022 • Roles: Purchaser & End User

With our previous HR & Payroll provider, EEO-1 reporting wasn’t included in our package. Because I did manual reporting for 400+ employees, it took me almost an entire week to get it done. With Paycor, our EEO-1 reporting is finished after only a few clicks.

Darcie Bien
Overall
★★★★★
★★★★★

It’s a real game changer

November 5th, 2021 • Roles: Purchaser & End User

We have more than 100 employees in three different communities. It was getting to be a two-day process every two weeks to run our payroll.

We’ve been very happy with Paycor in the time that we’ve been using the software. I appreciate the quarterly shout outs and emails from our Paycor rep to see if we need anything. It’s a real game changer.