Paycor Among Apps Top 500

4811 Montgomery Road

Cincinnati, OH, 45212, United States

1 513-381-0505

http://www.paycor.com/

256

Paycor Strengths, Domain Expertise, and Key Differentiators

Paycor is a human capital management (HCM) software that provides cloud-based onboarding, HR, payroll, and timekeeping software capabilities. Paycor’s HCM platform modernizes every aspect of managing the people in organizations, from the initial recruitment, retainment, and paying them via payroll. Paycor’s HCM software makes managing day-to-day operations easier via applicant tracking, reducing administrative tasks for open enrollment and benefits, to keeping an eye on payroll costs.

Paycor Recent Developments

In July 2020, Paycor launched Paycor Pulse, an employee engagement solution that utilizes Natural Language Processing (NLP Artificial Intelligence) to immediately turn written data into valuable insights around Employee Sentiment, enabling leaders to get ahead of potential problems like turnover and low morale. This announcement furthers Paycor's commitment to providing human resources (HR) and business leaders the tools they need to navigate the new reality of work.

In March 2020, Paycor unveiled Open Enrollment Wizard, a new feature of Paycor’s benefits administration software that streamlines the open enrollment process for small to medium-sized businesses (SMB) from start to finish, providing a step-by-step guide through the design, set-up, and execution of any open enrollment event. With the launch of this new tool, Paycor continues to deliver on its promise to provide business leaders with best-in-class technology and industry-leading expertise to streamline human resources (HR) processes so leaders can focus on their strategic goals and gain a deeper understanding of their business.

Furthermore, the same year, Paycor launched its new Scheduling and Scheduling Pro solutions that enhance its Time and Attendance offers. Paycor’s scheduling solutions help organizations take control of labor costs as well as optimize staff to increase efficiency and productivity by simplifying and automating the processes for scheduling employees.

In January 2018, Paycor created a HR Center of Excellence, an online resource hub to help HR leaders and their teams build employee evangelism and make a lasting impact on their companies. The HR Center of Excellence was created to help HR professionals extend their reach and unlock their potential. Based on user group sessions, one-on-one interviews with HR professionals and business leaders, third-party research, survey data and insights from more than 36,000 small and medium businesses who use Paycor, the HR Center of Excellence provide advice, inspiration and action items HR leaders need to make a difference in their organizations.

Paycor Mergers and Acquisitions (M&A) Activities

In May 2019, Paycor acquired Ximble, a cloud-based employee scheduling solution. Ximble’s scheduling offering will be fully integrated into Paycor’s product suite, enabling customers to efficiently assign schedules and allowing employees to easily swap schedules.

Paycor Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Paycor applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Paycor and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Paycor customers.

Paycor Key Enterprise and Cloud Applications

Paycor

Paycor Revenues, $M:

Type/Year 2018 2019 YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Paycor Revenue Breakdown By Type, $M:

Type License Services Hardware Support & Maintenance SaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

Paycor Revenues By Region, $M

Region % of Total Revenues 2019 Total Revenues, $M 2019 Enterprise Applications Revenues, $M 2019 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Paycor Direct vs Indirect sales

Region Direct Sales Indirect Sales Total
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Paycor Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Paycor Customers


No. of Paycor Customers: 41000

No. of Paycor Enterprise Applications Customers: 41000

No. of Paycor Cloud Customers: 41000

No. of Paycor Cloud Subscribers: x


Paycor has 40,000 customers running its payroll and HR solutions. The acquisition of Newton added another 1,000.

Among Paycor's customers are: A-TEC Ambulance Inc, Adams & Harper, PA, Akron Veterinary Referral & Emergency Center, Archdiocese of Louisville, Caribe Royale, Carlie C's, Cincinnati Opera, Caribe Royale, Focal Point, MANNA FoodBank, Peppino's Grille & Pizzeria, Virginia Tile Company and many others.

Paycor Market Opportunities, M&A and Geo Expansions

In July 2020, Paycor launched new programming that further supports broker partners and their customers. The launch of Paycor’s Partner Loyalty Program, Broker Care, GUIDE Elite/GUIDE Elite Pro Implementation and an Inaugural Broker Advisory Council will allow Paycor to uniquely serve the needs of broker partners and shared customers as the importance of benefits and employee wellness is on the rise.

In March 2018, Paycor expanded its seasoned executive team with the appointments of a Chief Product Officer and a Chief Technology Officer. The addition of these two HR industry veterans comes on the heels of a banner year for Paycor with two robust product releases — Workforce Insights, a new data visualization solution, and a Learning Management System.

Earlier, in December 2017, Paycor made integration with Web Benefits Design.

Paycor Risks and Challenges

With an expanded product portfolio, Paycor aims to compete directly with ADP, Ceridian and Paychex. The risk is whether it would lead to a price war among these payroll providers.

Paycor Ecosystem, Partners, Resellers and SI

Mostly direct sales with help from partner network.

In November 2019, Paycor joined the Blackbaud Partner Network as a Blackbaud Technology Partner. With this partnership, Paycor joins a network of companies that provide applications and offerings that extend Blackbaud’s cloud solutions in new ways. With Blackbaud and Paycor, nonprofits can now track time and labor for specific grants and funding sources.

Some of Paycor's integration partners are: Ascensus, Ameritas, BerniePortal, BSwift, Certify, PAi Retirement Services, Employment Screening Resources, HIREtech, Matrix, Mutual of America Life Insurance Company, Nationwide Mutual Insurance Company, and many others.

Paycor Cloud Infrastructure Insights

Subscribe to read more about:

  • Paycor Public Cloud and Infrastructure (IaaS)
  • Paycor Platform (PaaS)
  • Paycor Application Delivery
  • Paycor Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).


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