How Paychex Works: Benefits of Our HCM Software | Paychex (2024)

Paychex Flex: Automate HR, Payroll, and Benefits

From Any Device, Anywhere

Paychex Flex® is our all-in-one HCM, PEO, and HR software. Streamline payroll, benefits, workforce management, talent management, and the employee experience through a secure platform backed by experienced support. We’re there for you through chat or over the phone, whenever you have a question, 24/7.

Simplifying Administration

Paychex can help the owners and HR managers of small to medium-sized businesses manage human resource administration tasks, streamline talent management, and access critical data to help them make informed business decisions with confidence.

Let's Get Started

Payroll ServicesPaychex payroll services can make it easy for small to medium-sized businesses to process payroll and payroll taxes.
Time and AttendanceGet back lost time spent entering or importing timecards and help pay employees for actual time worked with our online time and attendance system integrated with payroll.
Retirement ServicesAttract the best employees by offering a competitive retirement plan. Our flexible 401(k) plan design, recordkeeping, and plan management options let you determine the right plan for your business.
Recruiting and Applicant TrackingFill open positions faster while making the hiring process easier for your applicants. Our recruiting and applicant tracking solution helps you source and track potential new employees.
Benefits AdministrationSimplify complex benefits administration online, in real-time, with employee access to view and make changes to their personal plan information. Manage employee retirement, insurance, and more.
Hiring and OnboardingGet help recruiting for the best fit and hard-to-find candidates, learn important information about potential employees, and take some of the stress out of welcoming new hires with the hiring services and technology.
Professional Employer Organization (PEO)Turn HR challenges into a competitive advantage. Our PEO offers HR, payroll, and benefits solutions to help you find and keep employees; save time and money on HR tasks; and offer valued benefits.

HCM System That Makes Complex Tasks Simple

Simplify payroll, benefits, workforce management, and talent management with our all-in-one technology platform, Paychex Flex. Truly Human, Human Capital Management®means having a dedicated HR professional as an extension of your team to provide real-time guidance, tackling your unique needs as a business.

How Paychex Works: Benefits of Our HCM Software | Paychex (1)

What Our Clients Are Saying About Switching to Paychex

The American Society of Tropical Medicine and Hygiene wanted to work with an HR, payroll, and benefits provider that could help take care of it all.

Make the Switch

How Paychex Works: Benefits of Our HCM Software | Paychex (2)

The American Society of Tropical Medicine and Hygiene

"One of the biggest challenges we had was, ‘What do you do about hiring people? What do you do about paying people? What do you do about the benefits?’ We really needed a turnkey solution. Paychex was a great resource for us."

Stephen Croll

Chief Operating Officer

American Society of Tropical Medicine and Hygiene

Make the Switch

Support When and Where You Want It

Get answers to your important questions from specialists in HR, payroll, and benefits through the Paychex Flex platform, by phone, or by chat — right when you need it, 24/7/365.

View Support Options

How Paychex Works: Benefits of Our HCM Software | Paychex (3)

Integrate With Familiar Applications

Paychex Flex integrates with dozens of popular productivity and financial tools, allowing you to simplify data flows. You can spend more time on your business with a more efficient way to share and connect data.

How Paychex Works: Benefits of Our HCM Software | Paychex (4)
How Paychex Works: Benefits of Our HCM Software | Paychex (5)
How Paychex Works: Benefits of Our HCM Software | Paychex (6)
How Paychex Works: Benefits of Our HCM Software | Paychex (7)

See Integrations

Get To Know Paychex and See Why We're a Well-Respected Industry Leader

NewsroomKeep up-to-date with the latest Paychex news and information.
Investor RelationsPaychex investor and financial news, presentations, events, and results.
CareersSearch Paychex career listings and get a feel for our work culture.
Management TeamLearn about Paychex management, their focus, accomplishments and backgrounds.
Why PaychexHear directly from our clients about what sets us apart from other companies in the industry, and why they choose Paychex.
Corporate ResponsibilityLearn the many ways we give back to the community, our customers, and our employees.
Office LocationsFind a Paychex office location in the U.S. or search our international subsidiary locations.
Business Continuity Planning (BCP)Learn about our ongoing plan for keeping the company on course in any situation.
Responsible DisclosureThe safety and security of personal and account information are among our top priorities.

Paychex FAQ

  • What Is HCM Software?

    What Is HCM Software?

    Human capital management (HCM) is a set of processes that companies use to systematically improve recruiting, management, and employee performance. HR teams use tools such as human capital management software to execute these functions and support their company.

  • What Does HCM Software Do?

    What Does HCM Software Do?

    Human capital management solutions help businesses glean data-backed insights, improve business processes, and focus on recruiting and retaining the right people to optimize a healthy, engaged workforce. Large and small businesses use HCM software to implement tasks such as recruiting, hiring, managing people, and analyzing workforce trends. Over the long term, an effective HR software solution can help business to:

    • Streamline tasks and improve overall efficiency
    • Provide on-demand access to HR-related information
    • Increase and improve employee benefits offerings
    • Reduce human errors on critical recordkeeping
    • Get the right data to leadership so they can use it for important decision-making
  • What Do HCM Companies Do?

    What Do HCM Companies Do?

    Organizations such as Paychex that offer the best HCM software platforms provide the technology, support, and tools that businesses need to help manage their workforce, streamline HR workflows, and make data-driven decisions. Look for companies that offer features such as streamlined workflows, integration of HR functions using a single employee record, mobile-first design, self-service capabilities, and system security.

  • What Is HRIS vs. HCM?

    What Is HRIS vs. HCM?

    Human resource information system (HRIS) software enables companies and their HR teams to track, manage, and automate basic HR capabilities. On the other hand, human capital management (HCM) refers to the overall approach a company takes to managing its workforce. This includes both the strategic and technological elements a business needs to address a range of HR-related activities. Learn more about the differences between these HR technologies.

  • Does Paychex Have an HRIS?

    Does Paychex Have an HRIS?

    The capabilities built into Paychex Flex, our integrated HR platform, can help businesses of all sizes that are looking for help with essential tasks such as organizational and employee data management, payroll administration, and benefits administration.

  • What Are HCM Products?

    What Are HCM Products?

    HCM products are generally comprised of HR software that helps businesses manage and automate processes such as payroll processing, recruiting and applicant tracking, employee onboarding, and much more.

  • What Services Does Paychex Offer?

    What Services Does Paychex Offer?

    Paychex workforce solutions offer a wide range of full-service HR, payroll, and benefits services, backed by award-winning service and support. From burgeoning startups to large enterprises, we provide hundreds of thousands of businesses with:

    • Payroll and payroll tax services
    • Paychex HR, including technology-backed HR software and services, HR consulting, and PEO services for comprehensive HR support
    • Benefits administration, including assistance with retirement plans, group health insurance, and other attractive benefits offerings
    • Workforce management, including time and attendance tracking, expense tracking, and more
  • Is Paychex Easy To Use?

    Is Paychex Easy To Use?

    Paychex Flex is built with end users in mind, making it easy to perform key functions such as adding employees, updating benefits offerings, running HR reports, and much more — all in a few clicks. Among the benefits of using Paychex Flex, the platform can help automate key HR, payroll, and benefits functions through a single platform, backed by experienced, 24/7 support.

  • What Is Paychex Flex?

    What Is Paychex Flex?

    Paychex Flex is our all-in-one solution for all things HR — payroll, time and attendance, and more. Best of all, we have 24/7 support teams who can help answer your questions and offer assistance when you need it.

  • What Is the Difference Between Paychex and Paychex Flex?

    What Is the Difference Between Paychex and Paychex Flex?

    Paychex proudly offers Paychex Flex as part of its comprehensive HR and payroll solutions and services. Learn more about our company, or log in to Paychex Flex if you’re a current customer or client employee.

How Paychex Works: Benefits of Our HCM Software | Paychex (2024)

FAQs

How Paychex Works: Benefits of Our HCM Software | Paychex? ›

Large and small businesses use HCM software to implement tasks such as recruiting, hiring, managing people, and analyzing workforce trends. Over the long term, an effective HR software solution can help business to: Streamline tasks and improve overall efficiency. Provide on-demand access to HR-related information.

What is benefits in HCM? ›

Key Benefits of a Powerful HCM Solution

Increase hiring speed and quality by quickly sourcing and recruiting the right candidates. Increase engagement with work-life solutions that help motivate employees and deliver a superior employee experience.

What is Paychex HCM? ›

A human capital management strategy (HCM) can influence every aspect of your business and transform your operations. Today's HCM solutions are robust, sophisticated tools that can help you streamline HR workflows, allow instant access to employee records, and integrate personnel, payroll, and benefits information.

How can a HCM platform provider benefit this company? ›

A reputable human capital management system will automate your core HR processes and give your business access to all this information (and more) from one convenient, integrated online location: Hiring data like résumés and applicant info. Onboarding and benefits enrollment information for new employees.

How does HCM software work? ›

HCM software is an aggregate of multiple HR systems that use mobile and cloud-based technology to process data, run reports and create a smooth end-user experience.

What is HCM in payroll? ›

Human capital management (HCM) transforms the traditional administrative functions of human resources (HR) departments—recruiting, training, payroll, compensation, and performance management—into opportunities to drive engagement, productivity, and business value.

What are the benefits of Workday HCM? ›

Benefits of Using Workday
  • Increased Efficiency: Streamlined processes and integrated data save time and resources.
  • Improved Visibility: Gain real-time insights into your financials and workforce for better decision-making.
  • Enhanced Employee Experience: Empower employees with self-service tools and intuitive interfaces.
Feb 7, 2024

What payroll software does Paychex use? ›

Paychex Flex® is our all-in-one HCM, PEO, and HR software. Streamline payroll, benefits, workforce management, talent management, and the employee experience through a secure platform backed by experienced support.

Why is ADP better than Paychex? ›

Why choose ADP? ADP offers the most flexible, scalable options when it comes to payroll software. We offer hundreds of third-party integrations through ADP Marketplace to meet your unique business needs.

Why choose Paychex? ›

Choose Paychex for Security, Compliance, and Support

Keeping your information secure is among our top priorities. Stay one step ahead of changing laws and regulations. 24/7 access to customer support over the phone or online chat.

Why do companies need HCM? ›

HCMs improve workforce management by ensuring alignment between your organization's structure, business strategy and objectives. They also help talent departments identify workforce needs in terms of training, development and compensation to reduce turnover.

Why do we use HCM? ›

For organizations with significant staffing levels, talent management tools, or HCM, are particularly useful for keeping an eye on human capital management, whether it's recruiting, onboarding, career planning, or skills management. It is a real asset for supporting HR processes and change management.

How can HR software benefit a company? ›

The top 5 advantages of using HR software
  1. Keep productivity levels high.
  2. Meet training and compliance needs.
  3. Maintain up-to-date health and safety records for legal compliance.
  4. Resolve employee- and employer-related incidents in a timely, data-driven manner.

What are the benefits of HCM? ›

HCM practices increase the accuracy of performance reviews, which fosters success. It offers many degrees of employee evaluation, such as self-reviews, peer feedback and manager ratings, which give employees helpful feedback on their efforts to the company and encourages them to go further.

Which HCM tool is best? ›

The Best HCM Software of 2024
  • Paycor: Best overall.
  • monday.com: Best free HCM software.
  • BambooHR: Best for recruiting.
  • Rippling: Best for ease of use.
  • Oracle Cloud HCM: Best for customization.
  • Workday: Best for intuitive layout.
  • TriNet: Best for reporting.
  • ADP Workforce Now: Best for payroll integration.
Mar 18, 2024

How is HCM different from HR? ›

Human Resource Management focuses on managing employee-related processes, such as recruitment, payroll, and compliance. On the other hand, Human Capital Management emphasizes maximizing employee potential by developing their skills and talents to achieve organizational goals.

What is benefits in human resource management? ›

When it comes to employment, a benefit is any additional advantage an employee receives from his or her employer. Everyone receives a wage, but benefits go beyond that and include items such as vacation time, pensions and health insurance coverage.

What does benefits mean in human resources? ›

Employee benefits are any forms of perks or compensation that are provided to employees in addition to their base salaries and wages. A complete employee benefits package may include a health insurance plan, life insurance, paid time off (PTO), profit sharing, retirement benefits, and more.

What are the benefits of HCM certification? ›

Certification provides formal recognition of your skills and expertise. It assures employers and colleagues that you possess the necessary knowledge to manage Workday HCM processes effectively. This validation can be particularly valuable when seeking new roles or negotiating salary increases.

What is the benefits module in fusion? ›

Oracle Fusion Benefits (part of Oracle Cloud HCM) is a global, rules-based benefits application that enables organizations to manage and deliver benefits programs to meet their mission, objectives, and strategic alignment to the organization.

References

Top Articles
1-Year-Old Child Development Milestones
Israel: la indignación del embajador israelí tras aprobar la Asamblea General de Naciones Unidas la ampliación de los derechos de Palestina como Estado - BBC News Mundo
Senior Tax Analyst Vs Master Tax Advisor
Insidious 5 Showtimes Near Cinemark Tinseltown 290 And Xd
oklahoma city for sale "new tulsa" - craigslist
Grange Display Calculator
Chalupp's Pizza Taos Menu
Autobell Car Wash Hickory Reviews
Slapstick Sound Effect Crossword
Ecers-3 Cheat Sheet Free
Jscc Jweb
Superhot Unblocked Games
3472542504
Uc Santa Cruz Events
Commodore Beach Club Live Cam
The Ultimate Style Guide To Casual Dress Code For Women
Union Ironworkers Job Hotline
91 East Freeway Accident Today 2022
Nevermore: What Doesn't Kill
Concordia Apartment 34 Tarkov
Hdmovie 2
Bernie Platt, former Cherry Hill mayor and funeral home magnate, has died at 90
Routing Number For Radiant Credit Union
Rapv Springfield Ma
Wat is een hickmann?
The Clapping Song Lyrics by Belle Stars
Healthy Kaiserpermanente Org Sign On
Ups Drop Off Newton Ks
Shoe Station Store Locator
Everything You Need to Know About Ñ in Spanish | FluentU Spanish Blog
Rush County Busted Newspaper
Everstart Jump Starter Manual Pdf
Seymour Johnson AFB | MilitaryINSTALLATIONS
Goodwill Thrift Store & Donation Center Marietta Photos
Oreillys Federal And Evans
Obsidian Guard's Skullsplitter
Studentvue Columbia Heights
8005607994
877-292-0545
Infinite Campus Parent Portal Hall County
Craigslist Lakeside Az
The best bagels in NYC, according to a New Yorker
Kenner And Stevens Funeral Home
Natasha Tosini Bikini
Craigslist Rooms For Rent In San Fernando Valley
Huntsville Body Rubs
Worland Wy Directions
3367164101
Jackerman Mothers Warmth Part 3
Random Warzone 2 Loadout Generator
Besoldungstabellen | Niedersächsisches Landesamt für Bezüge und Versorgung (NLBV)
Naughty Natt Farting
Latest Posts
Article information

Author: Terence Hammes MD

Last Updated:

Views: 6111

Rating: 4.9 / 5 (49 voted)

Reviews: 88% of readers found this page helpful

Author information

Name: Terence Hammes MD

Birthday: 1992-04-11

Address: Suite 408 9446 Mercy Mews, West Roxie, CT 04904

Phone: +50312511349175

Job: Product Consulting Liaison

Hobby: Jogging, Motor sports, Nordic skating, Jigsaw puzzles, Bird watching, Nordic skating, Sculpting

Introduction: My name is Terence Hammes MD, I am a inexpensive, energetic, jolly, faithful, cheerful, proud, rich person who loves writing and wants to share my knowledge and understanding with you.