Paycom Software (PAYC)

Overall impact
C (41)

Commentary

Paycom Software is an average overall performer. With a 'C' rating of 41.3 for overall impact (25th percentile compared to all companies), Paycom Software ranks 29th out of 35 industry peers, behind Greenhouse Software, BGSF, Silversun Technologies and 25 others, and ahead of Confluence Technologies, Pushpay, Humanica Public Co. Ltd. and 3 others. On top material causes for Paycom Software's industry (Software & Services), Paycom Software performs well in Quality Lifelong Education (80.8 score) and performs poorly in Reduced Inequality (12.5 score), Racial Justice and Civil Rights (19.9), Technology Innovation (0.0) and 2 other causes where it received a 'D' or 'F' score.
Impact
Cause PAYC
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Company
Founded
1998
Employees
5,770
Sector
Information Technology
Industry
Software
Sub-industry
Systems Software
SASB industry
Software & IT Services
Headquarters
Ok, United States
Share classes
PAYC
Mission
Whether it's helping employers hire better, reduce exposure, manage compensation or simply operate more efficiently, Paycom dedicates its resources to helping facilitate their goals.
Description
Paycom Software, Inc. provides cloud-based human capital management (HCM) solutions delivered as software-as-a-service for small to mid-sized companies in the United States. The company offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. Its HCM solution provides a suite of applications in the areas of talent acquisition, including applicant tracking, background checks, onboarding, e-verify, and tax credit services. Additionally, it includes time and labor management features such as time and attendance, scheduling, time-off requests, and labor allocation solutions. The company's HCM solution also offers payroll applications comprising a better employee transaction interface, payroll and payroll tax management, payroll card, Everyday, Paycom pay, Client Action Center, expense management, garnishment administration, and GL concierge applications. Furthermore, it includes talent management applications that encompass employee self-service, compensation budgeting, performance management, position management, and Paycom learning. Its HCM solution provides manager on-the-go, which gives supervisors and managers the ability to perform a variety of tasks, such as approving time-off requests and expense reimbursements. Other features include direct data exchange, Ask Here (a tool for direct line of communication to ask work-related questions), document and checklist management, government and compliance tools, benefits administration, COBRA administration, personnel action and performance discussion forms, Paycom surveys, retirement reporting, report center, and Affordable Care Act applications. Additionally, the solution includes Clue, which securely collects, tracks, and manages the vaccination and testing data of the workforce. Paycom Software, Inc. was founded in 1998 and is based in Oklahoma City, Oklahoma.
Material causes
Ethos considers the following causes material for Paycom Software, based on its industry sub-industry Systems Software. Learn more about material causes in our methodology overview.

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