Paycom redefines the reporting process for human capital management

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Paycom’s Push Reporting feature offers users the ability to create fully customized reports that can be scheduled to be delivered to various departments as needed.

Paycom (NYSE: PAYC), a leading provider of comprehensive cloud technologies for human capital management, announced the addition of Push Reporting, a new capability that will increase the quality, speed and efficiency with which HR managers can complete, produce and analyze reports generated by employee data. By leveraging Paycom’s payroll and HR solutions with Push Reporting functionality, companies will be able to accurately access information related to key HR areas such as time and workforce management, payroll, talent management and benefits administration.

“The demand for better business analytics and auto-populated reports has been something that executives and HR professionals have needed for some time,” said Chad Richison, president and CEO of Paycom. “Paycom’s Push Reporting feature finally provides the industry with an intelligent process and an automated solution that enables the business to better leverage employee data at all stages of the employment lifecycle. We are delighted to be the first within the HCM (Human Capital Management) space to bring to market a solution that further strengthens our industry category.

Paycom’s Push Reporting feature offers users the ability to create fully customized reports that can be scheduled to be delivered to various departments as needed. This offering, combined with Paycom’s unique unique database architecture, enables executives to assess relevant employee data in real time. Through a single interface, users can save, manage and analyze reports which can be completed according to the preferred frequency – daily, weekly, monthly, quarterly or annually. Users are notified via email that scheduled results are available and can be accessed through the push reports inbox in Paycom’s report center. This feature gives organizations the ability to improve their business analytics and operations.

Paycom’s unparalleled proprietary software frees HR and others from compiling payroll, time and manpower, and HR management reports by generating them on their behalf. All reports can then be exported in any format requested by the company, including Excel, CSV, PDF, HTML, .TXT and Microsoft Word.

The product release is Paycom’s second for 2014 after the company launched Paycom Survey, a tool that enables employers to quickly create, distribute and analyze online employee surveys. This product offering was also a first in the human capital management industry, allowing employers to increase retention and reduce turnover by measuring employee satisfaction.

Push Reporting enables HR managers to automatically deliver scheduled reports to their CFO’s inbox, including key areas such as workforce analysis or expense management, tracking regular overtime and employee expenses, ”said Richison. “We have made it possible for companies to generate very complex reports in a very simple way. “

About Paycom

As a leader in payroll and human resources technology, Oklahoma City-based Paycom is redefining the human capital management industry by enabling businesses to effectively navigate a rapidly changing business environment. Its cloud-based solution is based on a central record system maintained in a single database for all human capital management functions, providing the functionality businesses need to manage the full lifecycle of the business. employment, from recruitment to retirement. Paycom is at the service of companies of all sizes and in all sectors. As one of the leading providers of human capital management, Paycom serves clients in all 50 states from offices across the country.

Forward-looking statements

This press release includes “forward-looking statements”, that is, statements relating to future events. Forward-looking statements are based on current expectations and include any statement that does not relate directly to current or historical fact. In this context, forward-looking statements often deal with expected future business and financial performance, and often contain words such as “could”, “believe”, “anticipate”, “intend”, “estimate”, “s. ‘expect’, ‘power,’ ‘should’, ‘continue’, ‘predict’, ‘potential’, ‘project’ and similar phrases are intended to identify forward-looking statements, although not all forward-looking statements contain such identification words. These forward-looking statements involve certain risks and uncertainties and may ultimately not prove to be correct. Actual results and future events could differ materially from those anticipated in these statements. For more information on risks and uncertainties, you should refer to Paycom’s SEC documents. Paycom assumes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances arising after this press release, except as required by law. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.

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