Paycom Software, Inc. provides cloud-based human capital management software built on a single database for payroll, HR, talent acquisition, time and labor, and talent management. Its model centers on employee self-service, allowing employees and managers to enter, review and act on workforce data in one system instead of moving between disconnected tools.
Paycom Software, Inc. positions payroll as the foundation of its platform and layers automation, auto-decisioning and AI across the employee life cycle. The software is designed to reduce manual reentry, improve data accuracy and streamline workflows from hiring and onboarding through learning, performance, pay and offboarding. With web and mobile access plus expanding global workforce capabilities, Paycom Software, Inc. serves organizations seeking a payroll-first HCM platform with tightly connected data and processes.
Offerings, Capabilities, and Integrations
Paycom Software, Inc. delivers a payroll-first HCM suite spanning recruiting, onboarding, core HR, benefits administration, time and labor, payroll, compliance-related workflows, talent development and workforce analytics. Because the platform runs on one database, employee-entered information flows across processes without separate logins, duplicated records or repeated data entry.
Its capabilities emphasize automation and employee-first execution: self-starting payroll, configurable decisioning, command-driven AI access to workforce data, mobile task completion for employees and managers, and analytics that measure system usage and ROI. Paycom Software, Inc. also supports domestic and international workforce management in one environment, including native payroll processing in Canada, Ireland, Mexico and the United Kingdom, alongside broader Global HCM coverage across more than 190 countries.
Beyond software functionality, Paycom Software, Inc. pairs its platform with implementation and dedicated service support. Its overall value proposition is centered on reducing administrative burden, improving payroll accuracy and giving HR, finance, managers and employees access to the same real-time workforce data.
Products and Services
- Beti® Automated Payroll: Employee-guided payroll technology that identifies paycheck issues before processing and lets employees review and approve their pay before payday through the Paycom app.
- IWant™: Command-driven AI engine that gives employees, managers and leaders instant access to applicant and employee data and directs them to the right place to take action.
- Global HCM™: Global workforce management software for managing domestic and international employees in one system, with support for hiring, onboarding, reporting and HR workflows across more than 190 countries.
- Applicant Tracking: Applicant tracking system for job posting, candidate management, hiring collaboration and moving applicant data into downstream employee workflows without reentry.
- Employee Self-Service®: Employee-facing web and mobile experience for managing pay, personal information, documents, benefits-related tasks, time and other HR activities directly.
- Paycom Learning: Learning management system for delivering training, compliance education and employee development content in the same HCM environment.
- Direct Data Exchange®: Usage and ROI analytics tool that tracks employee adoption of Paycom tools and quantifies savings tied to self-service activity.
- Manager on-the-Go®: Mobile manager self-service tool for approvals, schedule visibility, employee data access and supervisory tasks from within the Paycom app.
- Time-Off Requests featuring GONE®: Time-off management tool with configurable automated decisioning that approves or denies requests in real time based on company-set rules.
- Paycom Pay®: Payroll reconciliation service that issues paychecks from Paycom’s account and consolidates net payroll, taxes and fees into a single draft from the client account.
- Everyday®: Daily payroll offering that lets eligible employees receive earned wages on the next day by direct deposit or through Vault.
- Vault: Payroll card offering that gives employees another wage disbursement option and supports earlier access to pay for eligible users.
- Enhanced Background Checks®: Integrated background screening service for candidates and workers, designed to speed hiring decisions within Paycom’s recruiting workflow.
- Career and Succession Planning: Automated succession planning tool for identifying successors, assessing bench strength and aligning readiness with performance and learning data.
- Performance Management: Performance review and employee evaluation tool for structuring assessments, aligning performance with business priorities and supporting talent development.
Target Customers
Paycom Software, Inc. targets small, midsize and enterprise organizations that want to consolidate payroll and HR into a single system. Its software is particularly suited to employers with growing compliance, workforce management and reporting needs, including U.S.-based organizations with multistate, multisubsidiary or multientity operations.
Paycom Software, Inc. serves businesses across education, health care, hospitality, manufacturing, nonprofits, retail and transportation, and it also appeals to U.S.-headquartered organizations with international workforces. Within client organizations, its value proposition is aimed at HR teams, payroll leaders, finance executives, IT decision-makers, managers and employees who benefit from shared real-time data, mobile workflows and self-service execution.
Key People
- Chad Richison: Chief Executive Officer and Chairman
- Shane Hadlock: President and Chief Client Officer
- Randy Peck: Chief Operating Officer
- Bob Foster: Chief Financial Officer
- Jeff York: Chief Sales Officer
- Rachael Gannon: Chief Automation Officer
- Matt Paque: Chief Legal Officer
- Tiffany McGowen: Senior Executive Vice President of HR and Talent Acquisition
Key Facts
- Headquarters: Oklahoma City, Oklahoma, United States
- Employees: 5,770
- Annual Revenue: US$2.052B
- Parent Company: None
- Subsidiaries: Approximately 11 subsidiaries, including Paycom Payroll, LLC; Paycom Benefits, LLC; Paycom National Trust Bank, N.A.; Paycom Canada, Inc.; Paycom Europe Limited; and PC HCM PAY MEXICO, S. DE R.L. DE C.V.
- Publicly Listed: NYSE: PAYC
