Paycor
3 Reviews 5/5 ★ ★ ★ ★ ★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.Paychex finished its acquisition of Paycor on April 14, 2025, for $4.1 billion. Currently, Paycor will continue to be supported and sold. Current customers will be unaffected in the immediate future.
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.
AI Capabilities
Paycor has developed and launched multiple AI-driven tools into its HCM offering. These currently include:
- Paycor Assistant: Converse in plain language to summarize documents, gain insights, and track HR metrics like productivity and PTO.
- Analytics Assistant: Gain instant insights via charts and graphs about HR analytics.
- Smart Sourcing: An AI-powered recruiting tool to source talent from job pools. It also creates outreach campaigns and filters candidates based on specific criteria.
Product Overview
Developer Overview
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User Reviews of Paycor
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Paycor Review
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.
Our EEO-1 reporting is finished after only a few clicks
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.
It’s a real game changer
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.
