The Total Economic Impact™ of Paycom 1

Unlocking Efficiency and Employee Trust With Paycom

A commissioned study by Forrester Consulting highlights the transformative impact of Paycom’s single HR software featuring Beti^®. The study found that Paycom:

• reduced payroll error correction time by 85%
• lowered labor costs for payroll processing by 90%
• saved HR and accounting teams over 2,600 hours per year
• provided benefits worth $3,775,365 over three years

Beti flags issues before payroll runs, guiding employees to correct them proactively. The study found that this transparency increased employee retention by 75%.

Additionally, consolidating systems saved $2.3 million, and customer service provided $276,000 in value. Paycom enables businesses to focus on strategic initiatives, enhancing compliance, benefits and other efforts.

Download the study to learn more.

*A commissioned Total Economic Impact^™ study conducted by Forrester Consulting on behalf of Paycom, June 2023. Results are for a composite organization representative of interviewed clients.