Paycom vs Talentsoft

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Our analysts compared Paycom vs Talentsoft based on data from our 400+ point analysis of HR Management Software, user reviews and our own crowdsourced data from our free software selection platform.

Talentsoft Software Tool

Product Basics

Paycom is a cloud-based payroll management software designed to streamline payroll processing for businesses of all sizes. It automates tasks like calculating taxes, generating paychecks, and filing reports, saving time and reducing errors. Paycom is particularly well-suited for companies with complex payroll needs, such as those with multiple locations, international employees, or union contracts. Some of Paycom's key benefits include its ease of use, scalability, and compliance support. The software is known for its intuitive interface and comprehensive features, making it easy for both administrators and employees to navigate. Paycom can also be customized to meet the specific needs of different businesses, regardless of size or industry. Additionally, Paycom stays up-to-date on all tax and regulatory changes, ensuring that businesses are always in compliance. When compared to similar payroll products, Paycom generally receives positive reviews from users for its user-friendly interface, comprehensive features, and reliable customer support. However, it is also known to be one of the more expensive options on the market, with pricing based on the number of employees and the complexity of payroll needs.

Pros
  • Easy to use interface
  • Comprehensive features
  • Reliable customer support
  • Scalable for businesses of all sizes
  • Strong compliance support
Cons
  • Higher cost compared to competitors
  • Complex pricing structure
  • May require additional setup for complex needs
  • Limited reporting customization options
  • Not ideal for very small businesses
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Talentsoft (acquired by Cegid) is a European HR solution that provides a wide range of services for managing talent, human resources and other administrative tasks. Built on open technology known as People@Work, its offerings include recruiting, professional development, HR and administrative management, online learning and training and more. Users can author content or buy premade course materials, run training, find and secure the necessary staff, and handle workflow and day-to-day issues to make for a successful and streamlined workplace. It serves over 130 countries, 2,220 customers and 11 million users in over 130 countries.
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Mobile

Product Assistance

Documentation
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Live Online
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Knowledge Base
24/7 Live Support
Email
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24/7 Live Support

Product Insights

  • Reduced errors and improved accuracy: Paycom automates manual tasks and calculations, minimizing the risk of human error in payroll processing. This leads to more accurate paychecks and fewer compliance issues.
  • Increased efficiency and time savings: Streamlined workflows and automation free up HR teams from tedious tasks, enabling them to focus on strategic initiatives. Employees can also access self-service tools for faster issue resolution and time off requests.
  • Enhanced compliance: Paycom stays updated with complex tax regulations and automatically calculates and files payroll taxes accurately and on time. This reduces the risk of penalties and fines associated with non-compliance.
  • Improved employee satisfaction: Self-service portals and mobile access empower employees to manage their own payroll information, paystubs, and benefits enrollment. This transparency and convenience contribute to a more positive employee experience.
  • Scalability for growth: Paycom adapts to growing businesses by accommodating changes in employee numbers, pay structures, and complex payroll needs without requiring additional software or integrations.
  • Data-driven decision making: Robust reporting and analytics provide valuable insights into workforce trends, compensation costs, and other payroll data. This empowers informed decision-making and strategic HR planning.
  • Improved communication and transparency: Paycom facilitates clear and timely communication between HR, managers, and employees regarding payroll information, policy changes, and benefits updates.
  • Reduced administrative burden: Automated workflows and paperless processes minimize manual tasks and paperwork, freeing up HR teams to focus on higher-value activities.
  • Enhanced security and data protection: Paycom employs robust security measures and data encryption to protect sensitive employee information and ensure compliance with data privacy regulations.
  • Dedicated customer support: Paycom offers comprehensive customer support, including training resources, online help, and dedicated representatives, to assist users with any questions or issues.
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  • More Developed Staff: Give employees a clear picture of where they fit into the organization, what information and skills get them to the next level, and their future career path. Send a clear message about available opportunities in the company, reducing turnover.
  • Better Engagement: Invest in workers through extensive screening, onboarding and training to get the right people in the right positions. Create a company culture of continuous improvement allowing all employees to do their best. Provide growth opportunities so staff members feel more motivated and excited for their jobs.
  • Fewer Competency Gaps: Identify areas for growth and improvement within the organization. Spot possible skill gaps and train or retrain employees who need extra information to optimize their performance.
  • Centralized Data: Eliminate messy spreadsheets, unorganized email changes and other ineffective compiling data methods. Use one centralized database to track communications, information, skills, performances and more information through the recruiting and training process.
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  • Applicant Tracking System (ATS): Build customizable databases to view relevant applicant information and track candidates as they move through the application process. Managers can search and sort applicants by information such as degree, specific skill sets, work history and more. 
  • Compensation Management: Define budgets, award bonuses and integrate with payroll to ensure that all employees receive fair compensation without overspending. 
  • Job Posting: Allows managers to post open positions to thousands of job boards. Managers can also rely on recruitment data to build reports to determine if their recruiting efforts are working. 
  • Payroll: Calculate taxes, process payroll, account for employee expenses and more, directly through the platform. Automate payroll processing, ensuring that employees are always paid the accurate amount at the correct time. 
  • Performance Management: Schedule and facilitate employee performance appraisals directly through the platform. 
  • Reporting: Leverage Paycom’s built-in analytics to generate reports on a variety of processes, including payroll, time and attendance, compensation and more. 
  • Scheduling: Create and edit employee schedules and approve requests for time off through the system’s calendar. Automate time tracking and integrate with payroll to streamline pay processing. 
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  • Talent Management
    • Continuous Conversation: Coach employees, drive teams and set OKR goals for the company. Enables employees to align their personal goals with team goals and allows for real-time feedback. Communicate between mentors and co-creators, giving them a place to discuss collaborative projects. Provide check-ins for staff, manager dashboards and open up communication lines between teams.
    • Performance and Competencies: Evaluate skill gaps and increase core competencies among staff. Provide a comprehensive review process for workers. Give everyone professional development opportunities and target areas of opportunity within an organization. Facilitates collaborative employee reviews, forecasts for future job and skill needs, agile development, bonus calculation and workflow management.
    • Talent Review: Provide HR managers with a bird’s eye view of skills within the company to seek out the best personnel for opportunities. Target up-and-coming employees with assessments, personalized analytics and development plans. Using a grid, predict future growth and engage in succession strategies.
    • Compensation: Review performance and salary to ensure high-value employees get adequately compensated. Provide a streamlined salary review through automated consolidation, decision-making, budget structures, and multiple currency management abilities.
  • Talent Acquisition
    • Recruiting: Run the job hunting process from start to finish, from making requests for positions to onboarding with embedded intelligence to streamline the workflow. Post the same description to many job boards at once, schedule interviews, parse resumes, get video essays for interviews and more.
    • Candidate Relationship Management: Build relationships with candidates and talent pools. Gather profiles through CV Parser and the browser extension, while capturing résumés and business cards through the Hello Talent app. Send reminders, see skills and history, use the social media aggregate function and more.
  • Core HR: Manage all aspects of HR with embedded intelligence, centralized records, user management and customization options. Use the system as the primary, secondary or hybrid part of the suite. Other capabilities include employee self-service, document generation, ID management, position management, online signatures and workforce analysis.
  • LMS and LCMS: Organize, deploy and oversee training with customized career and learning paths, technical information, agendas, performance management and registration. Comes with virtual classrooms, class catalogs, AICC and SCORM compliant content, blended learning, templates and content authoring. Integrates with various programs, HTML 5 and more.
    • Content: Provide pre-made content to instructors and learners alike. Includes customizable as well as general learning. Tailor training for specific company policies and processes. Choose from 35 providers of content and 120 channels that certify and update materials regularly.
  • Security: Ensures compliance with services and software that follow various standards, including ISO 27001:2013, ISAE 3402 and SSAE16. Host data in secure centers which have certified data protection through Conceptec.
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Product Ranking

#8

among all
HR Management Software

#476

among all
HR Management Software

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Analyst Rating Summary

68
46
59
84
82
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53
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Availability and Scalability
Document Management
Employee Self Service
Platform Security
Payroll Management
Availability and Scalability

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Paycom
Talentsoft
+ Add Product + Add Product
Applicant Tracking And Recruiting Benefits Management Compensation Management Document Management Employee Engagement Employee Onboarding And Administration Employee Self Service Learning Management Payroll Management Performance Management Platform Capabilities Reporting And Dashboard Succession Management Time And Attendance Management Workforce Management 59 82 50 100 60 83 100 60 90 81 57 69 17 89 57 84 0 53 69 12 72 54 82 10 72 59 68 45 2 8 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

Paycom
Talentsoft
+ Add Product + Add Product
Availability And Scalability Deployment Options Integrations And Extensibility Mobile Platform Security 100 50 35 92 100 50 40 75 0 25 50 75 100
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Analyst Ratings for Vendor Qualification Requirements Customize This Data Customize This Data

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User Sentiment Summary

Great User Sentiment 2809 reviews
Great User Sentiment 125 reviews
85%
of users recommend this product

Paycom has a 'great' User Satisfaction Rating of 85% when considering 2809 user reviews from 6 recognized software review sites.

87%
of users recommend this product

Talentsoft has a 'great' User Satisfaction Rating of 87% when considering 125 user reviews from 4 recognized software review sites.

4.4 (14)
n/a
4.2 (935)
4.6 (26)
4.34 (672)
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n/a
4.3 (63)
4.4 (640)
n/a
4.8 (162)
4.2 (31)
3.6 (386)
4.3 (5)

Awards

SelectHub research analysts have evaluated Paycom and concluded it earns best-in-class honors for Document Management and Employee Self Service.

Document Management Award
Employee Self Service Award

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Synopsis of User Ratings and Reviews

User-Friendly: 85% of reviews mentioning the interface noted the platform has an intuitive layout, with all features organized and easy to locate.
Customer Service: Customer support is highly responsive, as asserted by 100% of reviews referencing it.
Employee Self-Services: All users referring to self-service observed that employees can easily upload documents, view information and track performance.
Performance Reviews: An open dialogue tool makes employee performance reviews more effective, as indicated by 70% of reviews mentioning this feature.
Use Anywhere: The mobile app is easy to use and has all desktop features available, as asserted by 100% reviews on this feature.
Customization: Customization for most features helps cater to a company’s unique requirements, as noted by all reviews on product customization.
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Customizability: Just under 90% of users who talked about customization were pleased with the bespoke options.
Useful for Recruiting: Commenters liked the talent acquisition in over 80% of reviews that discussed its recruiting capabilities.
Good Data Management: Reviewers who discussed the database liked the centralization and integrity of information in over 80% of comments mentioning it.
Excellent Functionality: Over 80% of users commenting on the features were pleased with them.
Time Saver: Commenters felt the system saved them time in over 80% of reviews discussing this benefit.
Multiple Languages: More than 80% of users who talked about using the tool in more than one language were pleased with the various language functionality, notably French.
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Login Process: All reviews on the login process observed that employees need to log in every time they open the software, as there’s no password save feature.
Challenging Transition: Transitioning between the client and employee side is challenging and cumbersome, as users need to log in to both systems, according to all reviews on this aspect.
Learning Curve: All users reviewing learning noted that the platform has a steep learning curve, making adaptation difficult for new users.
Integration Capabilities: The system doesn't provide integration with major third-party platforms without using SFTP or API, as indicated by 100% of reviews on this feature.
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Lengthy Customization Process: Over 80% of users who talked about implementing custom elements said it was a long process.
Wouldn’t Recommend: About 60% of commenters who discussed whether they would recommend it or not said they wouldn’t advise others to use it.
LMS Functionality Lacking: Users were split on the eLearning capabilities, with over 50% that discussed it saying the LMS left something to be desired.
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Paycom users in the past year have expressed both enthusiasm and concerns about the software. Many praise its user-friendly interface, mobile app convenience, and comprehensive feature set, which includes payroll, HR, benefits administration, and talent management. Compared to competitors, users find Paycom to be more intuitive and integrated, streamlining HR processes and saving time. Additionally, customer service is often lauded as responsive and helpful. However, some drawbacks are also mentioned. Implementation can be complex and require significant initial effort. Pricing concerns surface, with Paycom perceived as costlier than some competitors. While offering a wider range of features, this may not be necessary for all businesses, leading to potential overpaying for unused functionalities. Overall, Paycom seems to be a powerful and user-friendly option for companies seeking a one-stop HR and payroll solution. However, its complexity and cost warrant careful consideration, especially for smaller businesses or those with simpler needs. Comparing features and pricing with competitors is crucial to ensure Paycom aligns with your specific requirements and budget.

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Talentsoft is an HR program that provides talent management, recruiting, training and more. Reviewers were pleased with their data’s integrity and safety, the time-saving elimination of manual processes, the multiple language functionality, and felt the features worked well. The customization element was by far the most popular, with many reviewers discussing how the company worked with them to meet their unique needs. However, some noted that the process was incredibly lengthy. Users were also happy with the robust recruiting capabilities and said they often used talent acquisition. Other commenters were less pleased with the platform overall, saying they wouldn’t recommend it to others. The feature with the most mixed reviews was online learning. Many felt it was severely lacking and not a strong point. Overall, Talentsoft is a good option for medium-sized businesses looking for recruiting, core HR, and light training needs.

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