In today’s fast-paced environment, managing a workforce comes with its fair share of challenges. You often find yourself struggling with time-intensive manual processes, inconsistent compliance, and problems in keeping employees engaged. This is where human resource (HR) software becomes a game changer. There are plenty of platforms available on the market, which makes selecting the right software a daunting task. Among the top contenders are Paylocity and Paycom, both offering advanced tools to automate time tracking, payroll, benefits administration, and talent management.
In this blog, we will, once and for all, settle the Paylocity Vs Paycom debate by comparing their features to help you make an informed choice that aligns with your organizational needs.
Paylocity Vs Paycom: At A Glance
Feature
Paylocity
Paycom
Payroll Processing
Simplified payroll with a user-friendly interface, global payroll capabilities, and built-in tax compliance tools
Full-solution automation, employee-driven payroll, and integrated tax and expense management
A unified database ensures smooth data flow with advanced reporting and analytics
Talent Management
Recruitment, onboarding, and performance management features
Employee development, career paths, and self-service tools for performance management
Benefits Administration
Simplified enrollment, compliance, and personalized benefits support
Automated benefits enrollment, seamless integration with payroll, and secure data transfers
Time And Labor Management
Automated time tracking, AI-driven scheduling, and multiple time collection methods
Customizable scheduling, geofencing, and real-time labor cost tracking with payroll integration
What Is Paylocity?
Paylocity HR & Payroll is an all-in-one human capital management (HCM) platform that simplifies HR operations while improving the employee experience. It offers payroll, benefits administration, and time and attendance tracking capabilities in a single solution. The platform's focus is on automation and ease of use, which helps you to save time and ensure accuracy.
What sets Paylocity apart is its commitment to innovation, continuous product development, and strong customer partnerships. The platform is adaptable to businesses of all sizes across various industries, including manufacturing, healthcare, financial services, technology, and hospitality.
Unique Features Of Paylocity
Employee Recognition And Rewards: Tools like social community forums and peer recognition promote a connected workplace culture, driving employee engagement and retention
Global Payroll: It supports international operations, ensuring compliance with diverse tax and labor regulations
Airbase Spend Management: The system helps track and manage organizational spending for improved budget oversight
Paylocity Pros And Cons
Pros
Efficient payroll processing that minimizes the risk of manual errors and saves time
It handles all the benefits within one unified system that eliminates the complexity of using multiple platforms
Offers a knowledge base with helpful articles, allowing users to self-solve common issues
Cons
Adjusting the timecards for our ‘pay by the day’ employees is cumbersome
Generating specific reports in Paylocity can be challenging
What Is Paycom?
Paycom is a cloud-based HCM platform that is designed to automate businesses' HR and payroll processes. With a single database, it offers an integrated solution for payroll, time and attendance, benefits management, and employee self-service. The platform’s automation tools, like BETI for payroll and GONE for time-off decisions, help reduce administrative tasks and improve efficiency. Besides this, Paycom serves businesses of all sizes across industries such as healthcare, hospitality, manufacturing, retail, and technology.
Unique Features Of Paycom
Global HCM: It handles human capital management on a worldwide scale, ensuring compliance across regions
Enhanced Background Checks: The system streamline hiring processes with secure and thorough background screenings
Compensation Budgeting: It facilitates strategic salary planning and resource allocation to align with company goals
Paycom Pros And Cons
Pros
It is user-friendly, with clear interfaces, customizable options, and responsive customer support
Employees can review and approve their checks, which improves payroll accuracy and accountability
Streamlined onboarding and e-verify integrations to save time and ensure compliance
Cons
Limited and sometimes clunky report options make generating specific data challenging
Some features, like applicant tracking and offer letter accessibility, feel less intuitive compared to other platforms
Paylocity Vs Paycom– Key Features Comparison
Payroll Processing
Paylocity allows you to simplify payroll, automate processes, and stay tax-compliant, all under one roof. It runs payroll through a user-friendly four-step navigation flow that enables you to process payroll in just a few clicks. The
system reduces manual entry by syncing time, labor, and pay information into the system. Additionally, it also offers global payroll capabilities that handle international employee payments and currencies. Paylocity comes with a built-in tax
compliance tool to ensure taxes are calculated accurately based on employee location, with expert support to prepare, review, and file tax documents.
In comparison, Paycom offers a full-solution automation that enables employees to manage and verify their payroll data. The system automatically initiates payroll each pay period, integrating expenses, taxes, and other deductions.
Through the single platform, Paycom ensures data flows smoothly between HR functions, minimizes manual work, and eliminates the need for reentry.
Winner: While both Paylocity and Paycom offer payroll solutions, Paycom’s full-solution automation and employee-driven payroll management stand out.
HR Management
When it comes to HR management, Paylocity streamlines people operations to reduce manual workloads and ensure compliance. The system offers features like an employee self-service portal that gives access to payroll and HR data.
Apart from this, it ensures compliance tracking through intuitive dashboards and task automation via customizable workflows. You can manage and store documents in a centralized, secure location and use real-time data analytics to make informed
staffing decisions. It allows you to use expert resources through HR Edge for policy support and best practices.
Paycom's HR management software simplifies critical HR processes, allowing you to handle everything from benefits administration and compliance to employee engagement in a single platform. Its unified database ensures smooth data flow,
eliminating manual reentry and enhancing efficiency. The platform enables you to perform time-sensitive tasks on the go while employees have tools to manage their data. Additionally, Paycom’s reporting and analytics tools provide valuable
insights, helping you maximize ROI and stay compliant with evolving regulations.
Winner: It’s a tie. If your business prioritizes advanced automation and compliance, Paylocity might be the better choice. Paycom takes the lead in seamless data integration and employee engagement tools.
Talent Management
With Paylocity's talent management system, you can attract, develop, and retain top talent while enhancing workforce engagement. It makes the hiring process efficient and candidate-friendly by automating recruitment, self-scheduling,
and one-way video interviews. Its onboarding features enable new hires to complete pre-boarding tasks through the mobile app, which promotes productivity and engagement from day one. Apart from this, the performance management tool,
including 360-degree feedback and career development journals, ensures employees stay on track with their goals.
The talent management feature of Paycom engages, develops, and retains employees while simplifying HR processes. It helps create career paths, track development, and automate performance reviews and compensation adjustments. Additionally,
your employees can manage their development using the self-service platform, which includes accessible training through Paycom Learning.
Winner: Paylocity takes the win because of its candidate-friendly recruitment and early engagement through mobile onboarding features.
Benefits Administration
Paylocity simplifies enrollment, compliance, and benefits management. Employees can enroll, access, and manage their benefits on any device through guided experiences like Benefits Decision Support, which offers personalized recommendations.
With automation tools, you can track eligibility, notifications, and workflows while reducing manual effort. The platform supports diverse benefit plans, including medical, FSAs, HSAs, and COBRA, providing transparency, ease of use, and compliance
support for a frictionless benefits experience.
Paycom benefits administration tools automate the entire enrollment process, eliminating the need for spreadsheets, paper forms, and manual data entry. Your employees can easily review plan options, preview the impact on their take-home
pay, and make informed choices through an intuitive, single-platform experience. For the HR team, the system promotes secure data transfers to carriers and integrates seamlessly with payroll, reducing errors and saving time.
Winner: Paycom excels in this feature due to its superior automation capabilities and intuitive platform that integrates seamlessly with payroll.
Time And Labor Management
Using the time and labor management feature of Paylocity, you can enhance workforce management. The platform includes time and attendance tools with automated policy enforcement, real-time notifications, and self-service options for
employees. The platform makes scheduling easy with artificial intelligence (AI)-driven forecasting, shift recommendations, and flexible options like shift swapping and open shift claiming. Multiple time collection methods, including biometric
time clocks, geolocation, and mobile apps, ensure accurate data while reducing time theft.
Paycom time and labor management tool offers precision and efficiency when it comes to workforce tracking and scheduling. The platform automates tasks like time-off request approvals, clock-in reminders, and shift scheduling while providing
real-time labor cost tracking and compliance support. It allows your employees to easily clock in using secure options such as geofencing or IP filtering, and their time data flows directly into payroll without reentry. With features like
customizable schedules, automated notifications, and accurate labor allocation, Paycom simplifies staffing management.
Winner: Paycom is the winner because of its smooth data flow to payroll and customizable features that make time tracking and scheduling highly efficient.
Paylocity Vs Paycom – Which HR Software Should You Choose?
After comparing Paylocity and Paycom across key features, it's clear that both platforms offer powerful HR solutions but with distinct strengths suited to different organizational needs.
Paylocity excels in employee engagement, with standout features such as social recognition tools and mobile-friendly onboarding. Paycom, on the other hand, stands out for its advanced automation, particularly in payroll and benefits administration.
In the end, both are top-tier solutions in the HR software space, so selecting the right one comes down to your business needs and the features that align most with your goals.
