Paycor

Simplify HR and payroll with a unified, AI-powered platform for leaders.

by Paycor · HRIS & Core HR

Executive Summary

Paycor is an HR & Recruiting platform designed for mid-market companies, offering a unified solution for payroll, HR, and talent management. It empowers leaders with modern, AI-enabled technology to streamline operations, gain actionable workforce insights, and ensure compliance. The platform's key value lies in combining payroll accuracy with comprehensive HR capabilities, enabling data-driven decision-making and fostering employee engagement.

Use Cases

  • Streamlining end-to-end payroll processing, including tax calculations and direct deposits, ensuring accuracy and compliance.
  • Managing comprehensive employee records, onboarding, and offboarding processes efficiently through a unified HRIS.
  • Recruiting and attracting top talent with tools for job posting, applicant tracking, and digital onboarding.
  • Tracking employee time and attendance, managing schedules, and integrating data directly into payroll for accurate labor cost analysis.
  • Gaining strategic workforce insights through advanced analytics to predict turnover, monitor pay equity, and inform business decisions.
  • Ensuring regulatory compliance across payroll, HR, and data privacy with built-in features and certifications.

Features

Visibility

  • Real-time Workforce Insights: Provides immediate access to critical HR and payroll data, allowing leaders to monitor key metrics and identify trends as they happen.
  • Customizable Dashboards: Offers intuitive and configurable dashboards for managing payroll, HR, recruiting, and time & attendance, providing a centralized view of operations.
  • Predictive Turnover Analytics: Analyzes employee data to predict potential resignations and turnover rates, helping organizations proactively address retention challenges.
  • Benchmarking Capabilities: Allows comparison of HR and payroll data against industry benchmarks to assess performance and identify areas for improvement.
  • Recruiting Pipeline Visibility: Provides dashboards and analytics to track the entire recruiting process, from applicant sourcing to onboarding, identifying bottlenecks and optimizing hiring.

Intelligence

  • AI-Enabled HCM Technology: Leverages artificial intelligence to enhance various Human Capital Management functions, improving efficiency and decision-making.
  • Machine Learning for Fraud Prevention: Applies machine learning to detect and flag suspicious activities, bolstering risk management and preventing fraud within payroll and HR processes.
  • Behavioral Analytics for Threat Detection: Utilizes behavioral analytics to identify and isolate infected endpoints proactively, combating zero-day viruses and advanced cyber threats.
  • Automated Workflows & Notifications: Automates common HR tasks and provides notifications, reducing manual data entry and streamlining administrative processes.
  • Data-Driven Recommendations: Generates actionable recommendations based on people analytics to guide strategic HR interventions and improve organizational outcomes.

Support

  • Customer Education & Certification: Offers a Learning Hub with training resources and Paycor Pro Certifications to empower users with product expertise and maximize ROI.
  • Dedicated Risk Assessment Team: A specialized team continually tests and implements new security protocols to protect sensitive data and stay ahead of evolving cyber threats.
  • Comprehensive Online Resources: Provides access to extensive online documentation, FAQs, and guides to assist users with product usage and troubleshooting.

Technical Specifications

Architecture
Cloud-native SaaS, Multi-tenant architecture, Microservices, Open APIs
Deployment
Cloud/SaaS
Authentication
SSO, MFA, Two-Factor Authentication (email, text, phone call, biometric)
API Available
Yes
MCP Server
No

Infrastructure

  • AWS
  • Azure
  • GCP

AI/ML Stack

  • Machine Learning
  • Behavioral Analytics

Integrations

  • 401k providers
  • Benefits carriers
  • Time clocks
  • Accounting software

Security & Compliance

Certifications: SOC 1 Type II, SOC 2 Type II, GDPR, FinCEN, US Privacy Shield, Data Privacy Framework (EU-U.S., UK Extension, Swiss-U.S.), Nacha Certified

Encryption: Disk-level encryption, file-level encryption, 256-bit TLS 1.2 for data transmission, encrypted biometric templates.

Pricing

Model
Tiered subscription, Per employee/month
Starting Price
Contact sales
Target Customer
Mid-market to Enterprise
Contract Type
Annual, Multi-year discounts available
Free Trial
No (credit card required)

About Paycor

Paycor provides modern, intuitive HCM software that helps leaders develop their people, improve efficiency, and meet compliance.

Founded: 1990 · Headquarters: Cincinnati, United States · Employees: 1000+ · Public