Paycom’s foray into HCM from payroll

Paycom provides a full lexicon of human capital management (HCM) capabilities connected through its native payroll provisions that extend beyond data packaging to payment processing. Paycom’s origins in payroll provisions challenge mainstream HCM vendors who are embroiled in the battle for analytics supremacy between core HR analytics and workforce management analytics. While the top range of HCM vendors are locked in battle for deep functionality and high usability across talent management, workforce management, and core HR automation, Paycom’s emergence offers a third option of full integration to payroll that increases productivity, reduces the burden on HR and IT, and reduces transaction timing and errors in processing pay data.