Paycom - Company Profile
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Paycom Profile Overview
Paycom is a premier payroll and human capital management software provider that focuses on streamlining HR and payroll processes through innovative cloud-based technology. Established in 1998, the company is dedicated to helping organizations maximize their workforce efficiency and improve their bottom line. Paycom's user-friendly solutions and commitment to customer service have established it as a leader in the HR tech industry.
Core Products and Services
Payroll Software
- Automated payroll processing
- Tax filing services
- Employee self-service portal
Human Capital Management Solutions
- Applicant tracking system
- Performance management tools
- Talent acquisition solutions
Compliance Solutions
- Labor law compliance tools
- Electronic records management
- Data security and protection
Service Categories
| Category | Services Offered |
|---|---|
| Payroll Management | Comprehensive payroll processing, including direct deposit and payroll reporting. |
| Employee Management | Tools for hiring, onboarding, and managing employee performance and development. |
| Time and Attendance Tracking | Integrated time tracking and attendance management solutions. |
Business Model
Paycom operates on a subscription-based model offering a suite of software solutions tailored for businesses of all sizes, primarily focusing on small to medium-sized enterprises.
- Subscription fees for software usage
- Service fees for additional HR services and compliance consulting
- Training and support packages
The company reinvests a significant portion of its revenue back into product development and customer service to maintain its leading position in the market.