What Is Paycor Software?
Paycor, now part of Paychex, is a comprehensive human capital management (HCM) platform that offers a unified system for payroll processing and core HR tasks. By automating routine tasks, it reduces manual errors and frees up HR professionals to focus on strategic initiatives.
The platform offers employee self-service portals, enabling users to easily manage their personal information, request time off, and enroll in benefits. Furthermore, its intuitive interface and flexible features help companies manage employee information efficiently, ensure tax compliance, and gain valuable insights through powerful analytics.
What Is Paycor Software Best For?
The software is best known for its payroll management capabilities. It supports real-time calculations, facilitating immediate updates to payroll data and eliminating the need for batch processing. The payroll module particularly stands out for the 'AutoRun' feature, which allows managers to schedule payroll runs in advance, reducing manual intervention and ensuring timely payments. Furthermore, employees benefit from the 'Paycor Mobile Wallet,' as it provides them access to earned wages before payday.
Paycor Software Pricing
The vendor offers different pricing plans according to the size of the business.
For Small And Growing Companies (Below 50 Employees)
- Basic
- Essential
- Core
- Complete
These plans are available at custom pricing. Additionally, Paycor also caters to companies with over 50 employees, with pricing plans tailored to their unique requirements. Contact us for a
customized Paycor software pricing quote.
Paycor Software Integrations
Paycor integrates with various third-party apps and systems across various categories, including accounting, payroll, learning management, and talent acquisition. Some of its popular integrations include:
- Nectar HR
- Instant Tips
- Mitratech AssureHire
- OnShift
- Sterling
How Does Paycor Software Work?
Use your company-provided credentials to access the platform and start using Paycor software features:
- Access the personalized dashboard, which provides a high-level view of tasks, employee data, payroll alerts, and upcoming deadlines
- Go to the ‘Payroll’ module to start a new payroll run. Review employee hours, earnings, deductions, and benefits. Then, preview and submit payroll for processing
- Visit the ‘HR’ module to update employee records, track performance, assign documents, and manage organizational charts
- Access the ‘Time’ module to view submitted timecards, approve hours worked, and manage paid time off (PTO) requests
- Navigate to ‘Talent Management’ to post job openings, screen applicants, and initiate onboarding for new hires
- Use the ‘Reporting’ tool to pull customized reports on payroll, workforce trends, and compliance metrics for better decision-making
Who Is Paycor Software For?
Paycor software is suitable for small, mid-sized, and large enterprises operating in various industries and sectors, including:
- Healthcare
- Nonprofits
- Education
- Retail
- Technology
Is Paycor Software Right For You?
If you are looking for a scalable, secure, and comprehensive HCM for your business, Paycor is the right choice. It offers a suite of tools that streamline HR processes, enhance talent management, and ensure compliance with industry standards.
The platform employs enterprise-class data centers equipped with Intrusion Detection and Prevention Systems, full redundancy, and live backups to safeguard client data. Additionally, Paycor adheres to stringent compliance standards such as GDPR, FinCen, US Privacy Shield, SOC 1 Type 2, and SOC 2 Type 2, ensuring that businesses meet regulatory requirements.
Paycor's excellence has been recognized through multiple awards, including the 2024 HR Tech Awards for Best Midsize Business-Focused Solution and Best Comprehensive Solution in Talent Management. The company also earned five TITAN Business Awards in 2024, highlighting its innovation in labor forecasting, talent management, and analytics.
Still unsure whether Paycor software is the right choice for your business? Call us at (929) 590-9554 for personalized guidance from one of our experienced software consultants.