Nucleus Report 2021

REPORT

PAYCOM INCREASES SMALL BUSINESS PAYROLL PRODUCTIVITY BY 80%

Your choice of HR tech shouldn’t be taken lightly, as it directly affects the productivity of your workforce and the success of your business. A new study by Nucleus Research proves it, comparing the efficiencies companies gain under Paycom after switching from the leading HR tech provider.

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Key takeaways

Paycom lowers common payroll errors by 80%, saving 55 hours a year.

At one organization, Paycom cuts 2-3 hours a week off payroll administrators’ processing time.

Paycom’s intuitive user interface requires 50% less training than the leading competitor.

Against paper-based processes, Paycom increases payroll productivity by 66%.

REPORT HIGHLIGHT

With approximately 45 employees on its payroll, a manufacturer in the Midwest experienced “poor data integrity” under the HR tech industry’s leading provider. With that provider’s functionality requiring HR personnel to “redundantly input data” across multiple modules, errors abound.

However, after switching to Paycom’s single software, the manufacturer saw those common payroll errors decrease by 80%. Now, with Paycom, correcting and processing payroll takes 55 fewer hours in labor a year.

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