Studies show that more than 68% of human resources (HR) software users fail to find the one that perfectly caters to their needs. This poor selection results in failure to meet the essential day-to-day administrative tasks and other challenges the companies face. It also highlights the importance of choosing the right HR platform to meet the demands of a dynamic and rapidly evolving HR landscape. Catering to this need, we are going to discuss two renowned names in the industry: isolved HR and Paycom Software . 

Read about their key features, pros and cons, and what makes them stand apart in the following isolved vs Paycom blog: 

isolved Vs Paycom: At A Glance

Feature 

isolved 

Paycom 

Employee Onboarding 

Advanced ATS, automated onboarding, configurable onboarding templates 

Centralized onboarding process, advanced self-service portal for new hires, promotes learning and development 

Payroll Processing 

Automated payroll processing, insightful pay reports for informed decision making 

Automated payroll management, auto-notifications, detailed reports for payroll data 

Expense Management  

Employees can view their expense history and updated tax statements 

Ensures transparency by allowing employees to track expenses, flags double-expense entries 

Scheduling 

Creates schedules in real-time, custom alerts to notify shift timings 

Efficient schedule creation, integrates with Outlook and Google Mail, allows workers to swap shifts 

Benefits Administration 

Configurable benefits plans, self-enrollment service, People Cloud ensures accurate data exchange 

Automated employee enrollment based on eligibility, clear insights into all benefits plans for transparency 

What Is isolved?

isolved is a cloud-based, human capital management (HCM) platform that offers end-to-end human resources (HR) functionality. From payroll processing to benefits administration, it assists employers through every step of workforce management. It serves businesses of all sizes, from small to large enterprises, operating across a wide range of industries, including construction, manufacturing, retail, healthcare, hospitality, and more.   

Unique Features Of isolved 

  • Conversational Virtual Assistant: Companies can automate repetitive tasks with isolved’s conversational virtual assistant. From helping new employees settle into the workplace to providing quick access to essential information, the software provides comprehensive assistance 
  • Predictive People Analytics: The AI-powered platform assists companies to gather and analyze essential data to source top talent, identify and improve skill gaps, and maximize work efficiency. Managers can leverage its configurable dashboards and assess built-in reports for informed decision making 
  • Giving And Volunteering: isolved offers companies a platform to connect with charity organizations and organize and manage corporate volunteering campaigns. Companies can connect with countless other non-profit agencies and contribute to social causes 
  • Adaptive Employee Experience: The software provides advanced self-service capabilities to employees, such as viewing and managing personal data, punch-ins, and submitting leave requests. This streamlines routine tasks, allowing the HR staff focus on more strategic tasks 

Pros And Cons Of isolved   

Pros 

  • Employers can easily access the entire workforce’s payroll data, including pay stubs, and update information 
  • Efficient customer support team that offers virtual assistance and promptly resolves clients’ issues 
  • The time and attendance functionality are easy to navigate and effectively tracks time 

Cons 

  • The system gets frequently updated which can be a hassle for some users 
  • The software can often take a while to log in 

What Is Paycom?

Paycom is a cloud-based HR platform, designed to simplify and automate payroll management for businesses of all sizes. From helping employers in sourcing and hiring top talent to regularly assessing data trends and making data-driven decisions, it offers comprehensive support. Being ISO-27001 certified for data protection, the software serves many industries, including hospitality, transportation, retail, non-profit, healthcare, and education.   

Unique Features Of Paycom 

  • Labor Allocation: Paycom helps companies track their labor expenses by department, location, and job roles. Employers do not have to manually calculate such data which helps them save time and focus on other tasks  
  • Vault: The software offers ‘Visa® Payroll Card’ to its employees that empower them to manage their mode of payment. The workforce can opt for their direct deposit in the Vault Visa® card that helps them avoid check-cashing fee 
  • E-Verify: Businesses can allow candidates to assess their eligibility through Paycom’s e-verify tool. It offers immediate form I-9 verification that prevents users to register into different websites to learn about their eligibility status  
  • GL Concierge: Paycom assists businesses in selecting accounting software of their choice. Once selected, General Ledger (GL) Concierge populates data into the accounting platform every pay period and saves employers’ time with its centralized approach   

Pros And Cons Of Paycom 

Pros 

  • Offers advanced and intuitive features for time and attendance management 
  • Facilitates easy access to information, especially payroll data 
  • The platform is compatible with all devices, including laptops and smartphones  

Cons 

  • Some users may have reported glitches when loading payroll data in the mobile application 
  • Once the document is uploaded, its name cannot be changed and that can create hurdles in sorting data 

isolved Vs Paycom – Key Features Comparison

Employee Onboarding

isolved offers an advanced applicant tracking system (ATS) and a centralized, automated onboarding system that seamlessly populates new employees' records. Employers can leverage its built-in I-9 form processing and reduce paper usage. isolved provides onboarding templates that companies can configure as per their standards.

Additionally, the platform offers a unique tool, ‘Adaptive Employee Experience,’ that allows employees to access onboarding activities from any device, anywhere.

Paycom offers a unified, end-to-end automated onboarding process. Its multiple onboarding templates help recruiters configure and streamline tasks. Paycom’s advanced self-service portal assists new hires to view and manage their information right after onboarding.

Moreover, the software facilitates creation and organization of learning content for new employees through its ‘Paycom Learning’ functionality. Managers can design content for different departments and cater to new recruits’ learning requirements.

Winner: Although both software offer automation and efficient information management, Paycom wins this round by offering a learning tool that facilitates employers in training new hires for their varying job roles.

Payroll Processing

isolved offers efficient payroll processing functionality that automates direct deposit and ensures tax compliance with evolving laws and regulations. It also provides detailed payroll reports for valuable real-time insights into data trends that help employers make informed decisions.

Additionally, by accessing the self-service portal, employees can view their pay stubs, paid time off (PTO), W-2 forms, etc. , and report any errors.

Paycom eliminates the need for manual payroll management by automating the entire process. It sends notifications to employers every time employees submit their expenses, thereby saving time and reducing manual labor.

The software offers perfectly mapped payroll reports for effective data management, so no mishap goes unnoticed.

Winner: Given that both platforms offer automatic payroll services and help businesses make data-driven decisions, it is a tie.

Expense Management

isolved streamlines expense reimbursement processes to reduce human errors as well as manual workload for the managers. Employees can access and view their expense history and stay updated with tax statements.

Paycom’s expense tracking software enhances transparency by allowing employees to submit photos of their receipts from any device. This is an effective way to empower the workforce to track their expenses and stay updated with any changes. Additionally, Paycom facilitates employers in flagging and reporting double expense entries and duplicate receipts.

Winner: Paycom is the crowned winner of this round by going one step ahead in facilitating both employers and employees. It helps administrators manage expenses with transparency while providing easy access to employees into their expense data.

Scheduling

isolved facilitates effective scheduling of the workforce. From eligibility to availability of employees, managers can track it all and allow workers to access their schedules in real-time. This approach reduces no shows and cultivates positive work-life balance.

Plus, isolved also allows companies to set and customize alerts for efficient scheduling. Managers can inform employees by enabling instant notifications.

Paycom assists managers to handle workforce scheduling from any device, at any time. From creating shift schedules to editing them and aligning with employees’ availability, Paycom allows it all. By integrating with Outlook and Google Mail, it effectively streamlines shift planning and promotes accountability.

Moreover, the software prioritizes employees’ convenience by allowing them to swap shifts with its ‘Schedule Exchange’ feature.

Winner: By enabling employees to swap shifts and giving employers real-time insights into workers’ availability for better planning, Paycom wins this round.

Benefits Administration

isolved helps managers configure benefits plans based on company’s criteria and employees’ requirements. By offering a self-service enrollment process, the software empowers workers to choose and enroll into plans they think suit them the best. It promotes transparency and the workforce’s trust in the system.

Moreover, isolved offers seamless data exchange across departments with its ‘People Cloud’ functionality and reduces human errors.

Paycom streamlines the benefits administration process by automating enrollment based on the organization’s standards. The workforce gets a clear understanding of payroll deduction for different plans and can choose a benefits plan accordingly.

Winner: isolved is the champion of this round for ensuring seamless data exchange and promoting transparency.

Final Word

Choosing the right HR software is a critical decision that can significantly impact your business operations and employee management. Both platforms offer advanced features and help businesses excel in their industry. Ultimately, the decision between Paycom and isolved depends on aligning the platform's strengths with your organization's unique priorities and goals.

Paycom is an ideal choice for businesses that are specifically looking for an all-in-one payroll management and maximizing work efficiency. isolved, on the other hand, is more suitable for organizations that want to improve their overall administrative functions and expand their workforce.