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Payroll & HR

Paycor

Paycor is a human capital management provider for small, mid-size and enterprise employers, covering payroll, HR, benefits, workforce management and talent development in one platform. It groups its offerings by workforce size, with tracks for 1 to 49, 50 to 1,000 and 1,000-plus employees.

Payroll includes tax compliance across locations, managed payroll as a service where Paycor's own team runs payroll end to end, expense management, and payroll and business tax credit support. Workforce management covers time and attendance, scheduling and labor cost control. Benefits covers open enrollment, benefits administration, ACA reporting and workers' compensation. Talent covers recruiting and applicant tracking, automated talent sourcing, onboarding, learning management, career management, performance and compensation management, and employee engagement surveys.

The company is headquartered in Cincinnati, Ohio and says more than 40,000 businesses nationwide use it. It publishes an integration platform with pre-built connectors to other HCM vendors and more than 140 APIs for developers, and offers change management, project services, strategic consulting and premium support as additional professional services. Its site also states that Paychex has entered into a definitive agreement to acquire Paycor.

Pricing is quoted per employee after a conversation rather than published as a rate card. Given the pending acquisition, confirm contract terms and product roadmap before a long commitment.

Best for

Mid-size employers in service industries that want payroll, scheduling, benefits and talent tools in one system with manager-facing reporting. Buyers should weigh the pending acquisition by Paychex.

What they do

  • Payroll processing and payroll tax compliance
  • Managed payroll services
  • Time and attendance and employee scheduling
  • Benefits administration and open enrollment
  • ACA reporting
  • Recruiting, applicant tracking and onboarding
  • Learning management and career development
  • Compensation and performance management
  • Expense management
  • HR reporting and workforce analytics

What stands out

  • Says more than 40,000 businesses nationwide use Paycor.
  • Publishes an integration marketplace of pre-built connectors and more than 140 APIs for developers.
  • Its site states that Paychex has entered into a definitive agreement to acquire Paycor.
  • Offers change management, project services, strategic consulting and premium support as add-on professional services.