Paycor
Procurement partnerAbout
Paycor is a human capital management (HCM) software company that provides HR, payroll, talent acquisition, talent management, workforce management, and benefits administration solutions to businesses of all sizes. The company serves nearly 800,000 customers and processes payroll for approximately 1 in 11 private sector workers in the U.S. Founded in 1990 and now operating as a standalone business unit of Paychex, Inc., Paycor offers an all-in-one platform that combines AI-powered tools with expe...
Technology Categories
Details
VenSearch Intelligence
Ideal Customer
- Paycor's sweet spot is U.S.-based small to mid-market businesses, with its core customer profile targeting organizations with 10 to 1,000 employees, though it has been actively expanding upmarket toward companies with up to 5,000 employees.
- Lower mid-market and mid-market customers (100–1,000 employees) account for approximately 61% of its install base, and the platform is most frequently used by companies with 50–200 employees in the $10M–$50M revenue range.
Key Differentiators
- Paycor differentiates itself through a unified, mobile-first HCM platform purpose-built for SMB and mid-market employers, with mobile capabilities scoring higher than Oracle HCM and Workday HCM on SelectHub's leaderboard.
- The company emphasizes deep industry-specific functionality—particularly for healthcare, manufacturing, restaurants, and nonprofits—combined with expert HR guidance and compliance support through offerings like Paycor WISE and HR Services.
Industries Served
- Paycor serves a broad range of industries through its direct sales teams, with particular depth in healthcare, manufacturing, restaurants and hospitality, retail, professional services, nonprofits, and education.
- Restaurants and hospitality, healthcare, manufacturing, professional services, and financial services collectively account for approximately 55% of its customer base.
Service Coverage
- Paycor operates as a U.S.-focused HCM and payroll platform, with the vast majority of its customer base concentrated domestically.
- Approximately 96.89% of its payroll management customers are based in the United States, with a small presence in Canada and the United Kingdom.
Partnerships
- Paycor's Integration Platform features over 320 pre-built connectors through the Paycor Marketplace, spanning 320+ apps and technology partners across industries including healthcare (EHR, credentialing), restaurants (POS, labor management), manufacturing (ERP), and professional services (CRM, billing).
- The platform offers 140+ APIs for custom development and a Developer Services team that can scope and build integrations in as few as 10 days.
Company Size
- Paycor was founded in 1990 and is headquartered in Cincinnati, Ohio, with approximately 1,855–2,900 employees depending on the source and time period.
- The company generated approximately $655 million in annual revenue in fiscal year 2024, reflecting 19% year-over-year growth.
Ownership
- Paycor was founded in 1990 as a privately held company and was acquired by British private equity firm Apax Partners in November 2018 for $1.3 billion.
- Apax took Paycor public on the Nasdaq Global Select Market in July 2021 under the ticker PYCR, raising approximately $426–489 million in its IPO.
Compliance & Certifications
- Paycor holds SOC 1 Type 2 and SOC 2 Type 2 certifications, audited annually by a national accounting firm, and is accredited under GDPR, FinCEN, US Privacy Shield, and the U.S. Department of Commerce Data Privacy Framework covering the EU and Switzerland.
- The company is also a Nacha Certified ACH processor, having received the highest designation Nacha provides.
Compiled from public sources by VenSearch · Last researched October 14, 2026
Offerings
30 offeringsACA Reporting Software
Paycor's ACA Reporting Software eliminates the stress of Affordable Care Act filing with streamlined reporting tools. It is part of the benefits administration and compliance suite and helps organizations ensure accurate ACA filings.
AI HR Assistant
A mobile-first AI assistant that answers HR-related questions instantly and guides employees to take action faster within the Paycor platform. It automates routine tasks, mitigates compliance risks, and drives efficiencies across the organization.
Analytics
Paycor's analytics product provides workforce insights to help business leaders make critical decisions. It surfaces actionable data from across the HCM platform to give organizations a deeper understanding of their workforce performance and trends.
Automated Talent Sourcing
Paycor's Automated Talent Sourcing leverages AI to automate the sourcing and recruiting process, reducing manual effort for HR teams. It is designed to help businesses discover new candidates more efficiently.
Benefits Advisor
Paycor's Benefits Advisor reduces administrative burden and maximizes the power of an organization's benefits program. It includes decision-support tools for employees during open enrollment and benchmarking and reporting capabilities for managers.
Career Management Software
Paycor's Career Management Software helps organizations retain and coach their workforce through structured career planning tools. It gives employees visibility into growth paths and helps managers provide development guidance.
Compensation Management
Paycor's Compensation Management solution allows organizations to plan, manage, and execute pay increases and rewards for employees. It helps HR and finance leaders maintain equitable and competitive compensation structures.
Compliance Solutions
Paycor's Compliance Solutions help organizations reduce risk, save time, and simplify compliance management across talent acquisition, payroll and business tax credits, workforce benefits, and regulatory compliance. The suite includes tools to track critical documentation, control labor expenses, and stay ahead of ever-changing regulations.
Data & Security
Paycor's Data and Security offering provides enterprise-grade data protection across its unified HCM platform, including machine learning-based fraud detection, SOC 1 and SOC 2 Type 2 compliance, end-to-end encryption, multi-factor authentication, and a dedicated risk assessment team. It is compliant with GDPR, FinCEN, US Privacy Shield, and the Data Privacy Framework.
Developer Services
Paycor's Developer Services give businesses access to a team of experts who can build custom integrations and seamlessly connect hundreds of app partners or build custom solutions. It is designed for organizations that need integration support beyond self-service developer tools.
Employee Mobile App
Paycor's mobile app allows employees to clock in, view pay stubs, request time off, and manage HR tasks from any location. It provides a self-service experience for employees and integrates with the full Paycor platform.
Expense Management Software
Paycor's Expense Management Software allows organizations to review, reimburse, and report on employee expenses in one centralized location. It is integrated into the broader Paycor HR and payroll platform.
HR Services
Paycor's HR Services combine the company's technology platform with expert HR guidance, compliance support, and safety expertise. This service offering acts as an extension of a customer's HR team, providing hands-on guidance and support beyond the software.
HR Software
Paycor's HR software enables organizations to manage all employee tasks and documents in one centralized place. It provides a unified, mobile-first experience for leaders and delivers data-driven insights to help businesses make critical workforce decisions.
Learning Management System
Paycor's Learning Management System enables organizations to maximize training and development with personalized content for employees. It integrates with the broader talent management platform to support continuous learning.
Managed Payroll Services
Paycor Managed Payroll is a fully managed service where Paycor's experts run payroll end-to-end, delivering accurate, compliant, and on-time pay. It is designed to save businesses time and money by outsourcing the entire payroll process to Paycor specialists.
Onboarding Software
Paycor's Onboarding Software connects organizations with new hires to make a lasting first impression and streamline the new hire process. It reduces the manual onboarding workload from days to hours according to customer testimonials on the site.
Paycor Developer Tools
Paycor Developer Tools includes 140+ APIs that make it easy for developers to build custom applications and integrations with Paycor. It is designed to give businesses and developers the technical resources needed to extend the Paycor platform.
Paycor Integration Platform
Paycor's Integration Platform offers flexible solutions to make connecting data and systems more accessible to businesses that may not have in-house IT support. It breaks down traditional barriers to integration and enables connectivity across HR and business applications.
Paycor Marketplace
The Paycor Marketplace features hundreds of pre-built connectors to best-in-class HCM vendor partners, including 320+ apps and tech partners. It allows customers to seamlessly connect their favorite third-party applications with the Paycor HCM platform.
Paycor Paths
Paycor Paths supports managers with development activities that build soft skills and create more effective leaders. It is a structured leadership development tool built into the Paycor talent management suite.
Paycor WISE
Paycor WISE (Workforce Intelligence, Strengthened by Expertise) is an expert-enabled AI teammate that monitors, guides, and acts on behalf of HR leaders and employees. It is backed by 50 years of workforce expertise and operates inside tools users already use such as email, chat, and collaboration platforms. WISE automates routine HR tasks, catches errors, and serves as an always-on HR and business advisor.
Payroll Software
Paycor's payroll software allows employers to pay employees from any location while handling tax compliance automatically. It serves as a single source of truth for employee pay data and integrates with other HR functions on the unified platform.
Professional Services
Paycor's Professional Services offering covers change management, project services, strategic consulting, and premium support to help businesses build and scale their HR operations. It is designed to support organizations through major transitions and implementations.
Pulse Surveys
Paycor's Pulse Surveys tool allows organizations to gather employee feedback and convert it into actionable insights. It is part of the talent management suite and helps HR leaders understand workforce sentiment.
Recruiting Software
Paycor's recruiting software helps organizations find quality candidates, communicate with them via text, and access powerful analytics to track candidates at every stage of the hiring pipeline. It streamlines the full recruiting and hiring process to help businesses quickly fill open positions.
Scheduling Software
Paycor's Scheduling Software enables organizations to organize their team, manage employee schedules, and communicate information in real-time. It is designed to reduce labor spend, minimize compliance risks, and ensure optimal shift coverage.
Talent Development
Paycor's Talent Development solution is designed to increase employee engagement and inspire employees with continuous development opportunities. It helps organizations build a workplace where employees grow and contribute effectively.
Time + Attendance Software
Paycor's Time and Attendance Software helps organizations control labor costs and mitigate risk through accurate timekeeping. It is part of the workforce management suite and integrates with scheduling and payroll functions.
Workers' Compensation
Paycor's Workers' Compensation solution eliminates large down payments and end-of-year surprises associated with workers' comp coverage. It is integrated into the benefits administration platform to simplify workers' comp management.
Considering Paycor?
Our team will work with you to determine if Paycor is the right fit for your organization. From research and assessment through procurement negotiation and ongoing vendor management — we handle the entire process at no cost to you.