The Total Economic Impact™ of Paycom

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 identifies errors and guides employees to fix them before submission, allowing 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 diversity 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.