# Paycom

Paycom is a public payroll and HCM provider (NYSE: PAYC) rated 4.7/5 on G2 and 4.4/5 on Capterra. Profile: pricing, Beti self-service payroll, funding, and what reviewers say.

**Category:** Payroll and human capital management (HCM) software  
**Vendor:** Paycom Software, Inc.  
**Founded:** 1998  
**HQ:** Oklahoma City, Oklahoma, US  
**Website:** https://www.paycom.com  


## About

Paycom is a publicly traded payroll and human capital management (HCM) company founded in 1998 by Chad Richison in Oklahoma City. The platform covers payroll, HR, time and attendance, talent acquisition, and benefits administration in a single system, aimed mainly at US employers in the roughly 50 to 750 employee range. Its signature feature, Beti, shifts payroll verification to employees, who review and approve their own paycheck before each run instead of leaving that entirely to HR or payroll staff. Paycom later added IWant, a natural-language query tool that lets employees and managers pull HR and payroll data without digging through reports. The company is a member of the S&P 500 and trades on the NYSE under the ticker PAYC.

## Ratings

| Source | Score | Reviews |
|---|---|---|
| G2 | 4.7/5 | 12,068 |
| Capterra | 4.4/5 | 1,400 |
| Gartner Peer Insights | N/A/5 | insufficient data |
| Clutch | N/A/5 | not listed |

## Funding

Public company (NYSE: PAYC); IPO 2014

| Round | Amount | Date | Lead |
|---|---|---|---|
| IPO | Raised approximately $60 million | 2014-04-01 | NYSE listing |

## Viability

High. Paycom is a profitable, publicly traded company with 2025 revenue of about 2.05 billion dollars, up 9 percent year over year, and no debt on its balance sheet. Annual revenue retention sits at 91 percent and the client base grew to roughly 39,200 taxpayer-ID-level clients at the end of 2025. The business risk for buyers is less about company survival and more about fit: Paycom is built for mid-market US employers with in-house payroll or HR staff, and it is a heavier, pricier system than small-business tools like Gusto or SurePayroll.

## Pricing

Paycom does not publish list pricing; buyers get a custom quote based on employee count and modules selected. Third-party pricing research (Outsail, 2026) estimates the full HCM suite at roughly 26 to 35 dollars per employee per month and payroll-only at roughly 12 to 18 dollars per employee per month, billed per paycheck rather than a flat monthly fee. Implementation is reported to run 15 to 30 percent of first-year software cost. Confirm current numbers directly with a Paycom sales rep, since per-paycheck billing and module selection both move the effective price.

| Plan | Price | Best for |
|---|---|---|
| Payroll only | Est. ~$12-18 PEPM (third-party estimate) | Mid-market employers that only need core payroll |
| Full HCM suite | Est. ~$26-35 PEPM (third-party estimate) | Mid-market employers wanting payroll, HR, time, talent, and benefits in one system |

## What reviewers say

_Synthesis of G2 (12,068 reviews, 4.7/5) and Capterra (1,400 reviews, 4.4/5), live-verified October 17, 2026_

**Praised:**
- Beti's employee-driven payroll approval is the single most repeated positive, reviewers say it catches errors before a payroll run instead of after, cutting down on off-cycle corrections
- The all-in-one scope (payroll, HR, time, talent, benefits in one login) is cited as a real time saver for HR teams that previously stitched together several point tools
- Dedicated account specialists get consistent praise for being responsive once a client is set up, with reviewers noting they get the same rep rather than a generic support queue
- The mobile app is called out repeatedly as strong for managers approving time cards and PTO requests on the go

**Complaints:**
- Implementation and initial tax account setup is the most cited pain point, with a recurring pattern of errors during the first few payroll cycles and year-end W-2 corrections
- Third-party integrations are limited; Paycom does not offer a general public API, so connecting accounting or other HR tools often means manual file exports rather than a native sync
- Pricing is described as opaque; it is quote-based and billed per paycheck rather than a flat published rate, which reviewers say makes it hard to budget or compare against competitors upfront
- The sheer number of modules and menus creates a learning curve for new administrators, with some reviewers saying it takes months to feel fully comfortable in the system

## Compliance

- **SOC 2:** Yes
- **GDPR:** Yes (per vendor security documentation)
- **HIPAA:** Partial (vendor states its privacy and security controls align with relevant requirements; verify scope directly for HIPAA-covered use cases)
- **SSO:** Yes

## Integrations

- Paycom API (partner-gated, not a general public API)
- Standard accounting export (CSV/file-based GL mapping)
- Background check and benefits carrier partner connections
- SSO providers (Microsoft, Google, Okta, OneLogin)

## FAQs

### How much does Paycom cost?

Paycom does not list public pricing. It is quote-based, billed per paycheck rather than a flat monthly rate, and varies with employee count and which modules you select. Third-party pricing research estimates roughly 12 to 18 dollars per employee per month for payroll only and roughly 26 to 35 dollars per employee per month for the full HCM suite, plus an implementation fee reported around 15 to 30 percent of first-year software cost. Get a current quote directly from Paycom to confirm.

### Does Paycom offer a free trial?

No. Paycom is sold through a sales-led demo and custom quote process rather than a self-serve free trial or free tier.

### What is Beti and how is it different from normal payroll software?

Beti is Paycom's employee-driven payroll feature. Instead of HR or payroll staff being the last line of defense against errors, each employee reviews and approves their own paycheck details before the payroll run is finalized. Paycom and reviewers both point to this as catching mistakes earlier than traditional payroll review workflows.

### What size company is Paycom built for?

Paycom mainly targets US employers in roughly the 50 to 750 employee range that want payroll, HR, time tracking, talent acquisition, and benefits administration in one system. Very small businesses are usually better served by cheaper, simpler tools like Gusto or SurePayroll, while very large enterprises often look at Workday or Dayforce instead.

### Is Paycom a public company?

Yes. Paycom Software, Inc. trades on the NYSE under the ticker PAYC and is a member of the S&P 500. It reported full-year 2025 revenue of about 2.05 billion dollars, up 9 percent year over year, with no debt on its balance sheet.


## Sources

- [Paycom website](https://www.paycom.com): Product overview, Beti, IWant
- [Wikipedia: Paycom](https://en.wikipedia.org/wiki/Paycom): Founding year, founder, HQ, employee count, revenue, ticker, product history
- [Paycom Software, Inc. Reports Fourth Quarter and Year-End 2025 Results (BusinessWire)](https://www.businesswire.com/news/home/20260211702693/en/Paycom-Software-Inc.-Reports-Fourth-Quarter-and-Year-End-2025-Results): 2025 revenue ($2.052B), client count (~39,200 TIN-basis), revenue retention (91%), 2026 guidance
- [G2: Paycom reviews](https://www.g2.com/products/paycom/reviews): Rating 4.7/5, 12,068 reviews; live-verified via browser
- [Capterra: Paycom](https://www.capterra.com/p/130949/Paycom/): Rating 4.4/5, 1,400 reviews; ease of use 4.4, customer service 4.4; live-verified via browser
- [Paycom Security Standards](https://paycom.com/about/security): SOC 1/SOC 2/SOC 3, ISO 27001/27701/22301/42001, MFA, SSO
- [getknit.dev: Paycom API Integration Guide](https://getknit.dev/blog/paycom-api-integration-guide-in-depth): Paycom has no general public API; partner-gated integration access
- [Crunchbase: Paycom](https://www.crunchbase.com/organization/paycom): IPO and company profile