Paycor Review & Analysis
Paycor has been providing payroll solutions since 1990. They began expanding locally in 1994 in Cincinnati and by 2000 they had started to spread around the country. Now they serve all 50 states from 19 offices with over 18000 clients.
Certifications/Awards
Some of the recent awards and certifications that Paycor has received are:
- Inc 5000 list of fastest-growing companies for 3 years
- American Business Award for Payrollin video (2011)
- Top 2011 Workplace (Cincinatti Enquirer)
- Best Places to Work Finalist (The Business Courier – 2010)
- Best Places to Work (2009)
- IPAA Growth Award (2008)
- IPAA Service Bureau of the Year (2007)
Customer opinions on Paycor services
Paycor, Inc is a BBB Accredited business since 2011. It has been given an A+ rating due to their timely responses to complaints, the length of time they have been in business and a successful background check.
Paycor is also on the IRS list of companies that have passed the Assurance Testing System (ATS) and Business Acceptance Testing (BATS) requirements for Software Developers, Reporting Agents, and Transmitters of electronic business returns.
MarketWatch wrote when Paycor was named to the Inc 5000 ranking for the fourth time in a row. Their growth was 31% over a period of three years. HP has also partnered with Paycor previously to help grow its business and improve customer response time with their HP Converged architecture, highlighting their trust in the company.
What sets them apart/makes Paycor different?
Paycor can provide Time & Attendance, HR & Benefits, Reporting and a multitude of additional services as well. 401(k) data and workers' compensation expenses are also catered for, as well as e-Child support, National Tax Credit Service and a variety of payment options. Their web based solution works on any computer but their software is Windows only.
What questions to ask when getting quotes?
The best way to get the right payroll solution for your company is to make sure you ask Paycor what their suggestions are for companies of your size and industry. They serve a large variety of customers from many different sectors so they have the expertise to help you figure out the perfect solution for your business. Ask them what types of new innovations they use for data entry – mobile solutions are becoming very frequent nowadays and in addition to your basic payroll package you can also ask for perks that make it easier for your staff to do their jobs. Another important thing you need to find out is how much liability they accept for your taxes. If the process is largely automated, then they will likely take more responsibility, but you are still required to check and verify the details before submitting.
Larger or smaller companies?
Paycor can service companies from all different sizes. They have tailor-made solutions for small businesses and entrepreneurial ventures and they also cater to large industries with a complete suite of payroll processing services.
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