The Total Economic Impact™ of Paycom

A commissioned study conducted by Forrester Consulting on behalf of Paycom revealed how Paycom tech benefited a composite organization representative of interviewed customers. In the study, Paycom’s single HR software featuring Beti®, an industry-first payroll solution that empowers employees to do their own payroll:

• reduced time spent correcting payroll errors by 85%
• lowered labor for payroll processing by 90%
• saved HR and accounting teams over 2,600 hours per year
• gave employers benefits worth $3,775,365 over three years

Forrester Consulting used the companies it interviewed to create a composite business with 2,500 employees, 70 U.S.-based locations and multiple pay structures. It also considered how Paycom influences a factor that can’t be easily quantified: employee trust.

To learn more, download the The Total Economic Impact™ of Paycom white paper.

About our Sponsor, Paycom:

Paycom provides transformative HR and payroll software for the entire employee life cycle. A single, easy-to-use software empowers employees to access, manage and update their own HR data — from benefits and PTO to direct deposit and everything in between — all under the same digital roof. The transfer of responsibility from HR to employee increases accuracy, security and compliance; improves the overall employee experience, thus boosting retention levels; and frees HR to focus on driving greater business value.