Paycom

Overview

Paycom offers a single-application approach to human capital management (HCM), where all functionalities — from hiring to retirement — exist within one unified database. Time and attendance tracking is one component of this broader platform, designed to give employees direct control over their own data.

Key Features

• Time and attendance tracking with employee self-service
• Integrated payroll processing
• HR and benefits administration
• Talent management tools
• Beti (Best Employee Technology Innovation) payroll model allowing employees to review and approve their own payroll
• Single-database architecture eliminating the need for multiple vendors

Standout Feature

The Beti payroll model is Paycom's key differentiator. It enables employees to do their own payroll by reviewing and approving their time tracking data and payroll calculations, relying heavily on accurate time tracking input from the user.

Use Cases

• Organizations seeking an all-in-one HCM platform with heavy employee involvement
• Companies that want a unified database for all HR, payroll, and workforce functions
• Teams looking to reduce vendor complexity by consolidating under a single provider

Reasons to Buy

• Appeals to organizations that want an all-in-one HCM platform
• Strong emphasis on employee self-service and data ownership
• Clean, modern interface
• Unified application reduces integration complexity

Reasons to Avoid

• Requires adoption of the full suite; time tracking cannot be used as a standalone tool
• Pricing can be high or unclear
• Customer support experiences vary
• May introduce unnecessary complexity for organizations that only need time tracking

Pricing

Quote-based pricing. Contact Paycom for custom pricing based on organization size and needs. Pricing can be high and is not publicly disclosed.