ExakTime vs. Paycom Comparison


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About The ExakTime solution allows construction organizations to automate time keeping and payroll processing, optimize costs, improve compliance, and optimize field operations. ExakTime Connect, along with ExakTime Mobile, is a time and attendance, cloud-based product that gives you the power to manage employee time records, job costing information, locations and other field data. This powerful product integrates with major accounting/ERP programs and helps construction organizations save time, reduce costs, drive employee efficiency, and mitigate risks, ultimately improving their bottom line. With more than 8,500 ExakTime customers nationwide, we specialize in serving construction companies, with a focus on general, specialty, service and supply, and government contractors.	About Paycom Software, Inc. (NYSE: PAYC) is a cloud-based human capital management software provider that allows organizations of all sizes across the U.S. and internationally to set numerous HR and payroll tasks to “automatic” through employee-first technology. Built on a truly single database, Paycom’s full-solution automation manages the entire employment life cycle, helping organizations streamline processes and improve data accuracy. With its industry-first AI engine, IWant™, Paycom provides instant access to accurate employee data without requiring users to navigate or learn the software. For over 25 years, Paycom has been repeatedly recognized by third party reviewers as a leading payroll and HCM solution.
Platforms Supported Windows Mac Linux Cloud On-Premises iPhone iPad Android Chromebook	Platforms Supported Windows Mac Linux Cloud On-Premises iPhone iPad Android Chromebook
Audience We serve construction companies, general contractors, and sub-contractors.	Audience Businesses that want to automate payroll and HR processes
Support Phone Support 24/7 Live Support Online	Support Phone Support 24/7 Live Support Online
API Offers API	API Offers API
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing No information available. Free Version Free Trial	Pricing No information available. Free Version Free Trial
Reviews/Ratings Overall 0.0 / 5 ease 0.0 / 5 features 0.0 / 5 design 0.0 / 5 support 0.0 / 5 This software hasn't been reviewed yet. Be the first to provide a review: Review this Software	Reviews/Ratings Overall 3.7 / 5 ease 4.2 / 5 features 4.2 / 5 design 4.0 / 5 support 3.8 / 5 Read all reviews
	Pros & Cons from Real Users Pros The ONLY thing I liked were the promises made at the sales call that were not fulfilled. I can’t think of any other pros at all. Paycom is a fantastic service to develop all kinds of payroll payments for all your employees, with the help of this platform you can also keep track of the number of payments made in a specific week or in a specific month, you can have a base of Fully automated data that will allow you to know details about all the payroll payments made. This platform has advanced tools so you can have a correct administration of payroll payments, it also allows you to review automated payments and much more. Next, I will mention the positive things that this platform has. 1.- One of the main positive things that this platform has is the automated payroll payment system, this system allows simultaneous payments for a large number of employees, this system works wonderfully in companies that have many employees in different sectors, since it will be able to make payroll payments at the same time for each one of them, this will help a lot to save time and you will not have to make any type of payment manually, with the help of this system you will be able to pay in full of the hours worked by each employee simultaneously, just by registering the number of hours worked, the system will send the corresponding money to each employee. 2.- Another of the things that I like about this platform is that it allows you to keep a complete record of the amount of payroll payments made since you started using the platform, just by accessing a payment plan on this platform, you will have the opportunity to store all types of payroll payments, the record will be stored within the platform, It does not matter if you have many records of different payroll payments that you have made many previous months, in the same way this platform will be able to store all that information in the cloud, so you can access it as many times as you want. In addition, having this information stored in the cloud will allow it to always remain secure, your entire corporate sector will be able to access that protected information in which details of all payroll payments made at all times will be provided. 3.- Another thing that I love about this platform is that it has an excellent synchronization system with our work time measurement platform, this integration synchronization allows all hours worked and overtime, as well as rest hours are accounted for and automatically this information is transferred to our payroll payment system. This integration is fantastic, since we will not have to manually record the number of hours worked and the rest hours of each of the employees, in an automated way all this information will be transferred to our Paycom system, so that all employees receive their payroll depending on the hours counted by the software. 4.- I also love that this platform not only allows me to manage the amount of payroll payments made for our employees, but also has a function to manage the budget of each of the trips that your employees make, as well as allowing have a real-time monitoring of any trip of your employees, it has an application for mobile devices which is capable of tracking each employee and monitoring the progress of the trip within the platform. You will no longer have to carry out any type of budget management manually, with the help of this platform you will be able to make a complete budget for what you will spend on your employees' trip. 5.- Finally, it is important to highlight the function that this platform has, which allows a voucher to be sent to each employee when a new payroll payment is made. For this function to work correctly, each one of the business emails of each employee must be registered, in this way the platform will create a voucher in detail Specifying each one of the deductions that were made within the payroll payment, whether deductions for tax or any additional charge of the company, this Function will allow you to make all kinds of deductions in an automated way, and will send these details by email each time you run the payroll payment. You would no longer have to contact your employees manually to explain each of the deductions, this platform will do it for you. Paycom is an ingenious manager that allows us to streamline and even automate various tasks that we thought could not be done better. Thanks to its various task management and organization tools, it has allowed us to enhance our work and take the work we have been doing in our company to the next level, making small tasks no longer our concern or taking away work time so that We can focus on more important things. I like that it provides an extensive database, which gives us the possibility of controlling and storing the data of each of our employees, creating a solid system that allows us to manage the work team in a secure and centralized manner. Paycom is the ideal platform for the billing system, whether for payroll payments, vacations, compensation, overtime, among others, in this way we take care of a much closer and more efficient way of processing all payments in a more efficient way. optimal, in the necessary time and without so much process. This to accompany us in various processes, including hiring, allows us to evaluate the profiles to select the most suitable, it has a special module in charge of monitoring candidates, which has been very useful to us. The task panel has been essential for labor management, to achieve proper performance of our work and distribute efforts to try to cover everything necessary, in addition to being able to evaluate the work performance of each team member. Paycom also offers reports, which in my opinion add significant value to the tool, since it presents us with reports on payments, selection of candidates, work performance and status of each employee. Paycom is a fairly complete service when it comes to making the corresponding payroll payments for your employees, the main thing that I like about this platform is that it has a function that allows you to deduct the amount of corresponding taxes for the country in which you are, that means that if your company is in a Latin American country, you will be able to use this platform and the taxes will be automatically deducted from each of the payments you make to your employees, this function is very important since it makes the deduction automatically . Another thing that I like about this platform is the effectiveness and punctuality when making payroll payments, you can configure automated payroll payments within this platform, so that they are executed within a specific date and time specific, I have noticed that the payments are very punctual, if I have configured the payment for a specific hour, it is made in that specific hour, which helps our employees to obtain their payroll money immediately. It is a great platform with essential tools to perform payroll management, it has endless options to perform this task but even so, it is a simple platform that has everything we need. It provides mobile access which is ideal to be able to carry out real-time management, at any time you need to do so. From a close-up it allows me to do a complete check of each one of the employees, it provides perfect tools to do this, a database where it is possible to view important information, task manager and workflow, as well as control of work time. worked. It allows us to do a lot of monitoring in just one tool, accompanied by a course system with asynchronous integration to make this process much easier, based on 360-degree feedback, where we evaluate in detail the best skills and weaknesses for highlighting areas where it is necessary to prioritize further professional and personal development. It allows me to evaluate the performance that each employee has, make reports with analysis that is carried out in detail and that is expressed in a quite dynamic way with each aspect that we need to evaluate, in addition to a broad task panel that allows us to follow a very well described work path. A strong point is talent management, it allows us to evaluate the professional profile of new applicants, make new hires and even accompanies us in the payroll payment process, it is just configuring the information, adapting the data in the base and sending that information to be processed, in this way the payments are sent to each employee and there has been no concern about sending the payments late, nor any inconvenience with missing payments. It automates a manual job and does it intuitively and efficiently. Cons Customer service. Product ease of use. Cost. Frustrating experience. Paycom is an incredible platform, as I mentioned before, many of the features and functions it has allow payroll to be a totally simple process for any company, I must admit that my experience has been complete enough to provide the great positive functions , and I must also state that this platform has never given me any type of problem, I have always been able to use it with total normality and it has allowed me to develop a correct payroll payment system that is completely punctual. I don't have any complaints regarding the features offered so far, as well as I don't have any complaints regarding the amount of money we pay to access the paid version of this platform, I don't regret having paid for that paid version, since it provides very beneficial functions for our company and that allow us to automate the payroll payment system. Nor do I have any type of complaint with the support team that has been attentive to solve any of my doubts, this magnificent platform and the attention that I have received at the moment of starting to use it is incredible, I hope that this price continues without any type of failures. There are some other platforms similar to Paycom that have much cheaper and more accessible usage plans, however, since we arrived at Paycom its use has been really useful and we feel that it is essential for our work, we would not stop using it, but it would be fine that the payment plans are much more comfortable and adjusted to companies that are not so large, since we really do not use some functions that the service plan that we buy offers us. Another point that I consider important to evaluate is the preparation of reports during the payroll payment process, this process can become tedious and elaborate, although Paycom makes it simpler, in the same way I believe reports are necessary in the review stage In case any dimension or revision is necessary before proceeding with the payments, this would genuinely be a plus so that our work team can do things in a much more comfortable way. Although Paycom has allowed us to automate a lot of work that we previously did manually, setting up those automations took a while, the learning curve can be a bit steep and time consuming. When we started using the platform it took us some time to adapt, approximately 3 weeks, it is not very intuitive initially, however, the work team has already adapted completely, and we use the platform smoothly and without problems. One of the main problems that this platform has is the monitoring of each of the trips that you make, it has an implemented function that is available for mobile devices and for the computer version, for which you can configure a trip that you are making, You only have to configure the departure date and the arrival date, in addition, this application will be able to track your entire journey thanks to the GPS system, however, this monitoring system of the trip that is being made is not as precise, in On some occasions I have noticed that the application marks avenues or streets in which I have not passed, therefore, it is not as precise when monitoring or the places where I have passed during the trip. It is really necessary to use this function in order to have a specific record of the trip that has been made. The interface has exactly the tools we need to use, however from my admin and user perspective it would be great to get an update that would make the user experience feel more comfortable, for a much more customizable interface that fits the space we need based on our employment goals. I would like better tools to better understand its use and management, it can have a fairly steep learning curve and without a doubt it would be ideal to have better customer support and tools that could facilitate the understanding of the platform, in addition to the support it answers very general questions, but When I have arrived with very specific doubts, they have not been able to help me solve my problems and it ends up being my responsibility to find a viable solution, since the staff, although attentive, never finds an accurate solution. The preparation of reports is essential once the payroll is paid, but from the beginning adapting the template and adjusting it to how I need to use it is an arduous task that took me a long time to achieve, once it was achieved everything was easier. Lastly, two-factor authentication is absurdly complicated to use, overly complicated security questions, and rapidly expiring passwords make it quite a journey to log in to a much-needed platform to run our daily business. Although we have a mobile application, which is necessary, it can be too complicated to use the interface from there, how comfortable it would be to have a more comfortable interface from the mobile version.
Training Documentation Webinars Live Online In Person	Training Documentation Webinars Live Online In Person
Company Information ExakTime Founded: 2000 United States www.exaktime.com	Company Information Paycom Founded: 1998 United States www.paycom.com
Alternatives Buddy Punch	Alternatives Rippling
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Categories Asset Tracking Attendance Tracking Construction Management Construction Scheduling Field Service Management Time & Attendance Time Clock Time Tracking Tradesman Job Management Workforce Management	Categories AI Agents for HR Asset Tracking Benefits Administration eLearning Content Onboarding Payroll Talent Management Time & Attendance Time and Expense Time Clock Workforce Management
Asset Tracking Features Activity Tracking Audit Trails Barcoding / RFID Checkout / Check-In Depreciation Tracking Disposal Tracking Inventory Management Location Tracking QR Codes Reservations Service History Time Clock Features Biometric Recognition Hourly Employee Tracking Messaging Mobile Access Online Punch Card Payroll Management Punch card Reporting/Analytics Salaried Employee Tracking Sick Leave Tracking Vacation / Leave Tracking Workstation Tracking Workforce Management Features Budgeting & Forecasting Contractor Management Employee Lifecycle Management Labor Projection Performance Appraisal Recruiting Management Scheduling Skills Tracking Time & Attendance Variable Workforce Show More Features Attendance Tracking Features Absence Management Calendar Management Employee Scheduling Employee Time Clock FMLA Tracking Overtime Tracking Reporting/Analytics Self Service Portal Time Tracking Timesheets Vacation / Leave Tracking Construction Management Features Accounting Integration Budget Tracking/Job Costing Change Orders Commercial Contract Management Contractors CRM Equipment Tracking Estimating Incident Reporting Mobile Access Offline Access Residential RFI & Submittals Subcontractor Management Timesheets Construction Scheduling Features Bid Management Change Orders Gantt Charts Job Scheduling Project Scheduling Rescheduling Staff Calendar Task Management Field Service Management Features Billing & Invoicing Contact Database Contract Management Customer Database Dispatch Management Electronic Signature Inventory Management Mobile Access Payment Collection in the Field Quotes / Estimates Routing Scheduling Service History Tracking Time Clock Work Order Management Time Tracking Features Automatic Time Capture Billable & Non-Billable Hours Billing & Invoicing Employee Database Expense Tracking Mobile Time Tracking Multiple Billing Rates Offline Time Tracking Online Time Tracking Overtime Calculation Time per Project Reporting Timesheet Management Vacation / Leave Tracking	Time Clock Features Biometric Recognition Hourly Employee Tracking Messaging Mobile Access Online Punch Card Payroll Management Punch card Reporting/Analytics Salaried Employee Tracking Sick Leave Tracking Vacation / Leave Tracking Workstation Tracking Workforce Management Features Budgeting & Forecasting Contractor Management Employee Lifecycle Management Labor Projection Performance Appraisal Recruiting Management Scheduling Skills Tracking Time & Attendance Variable Workforce Show More Features Benefits Administration Features Claims Management COBRA Administration Deduction Management Disability Insurance Administration Employee Benefits Administration Flexible Spending Accounts FMLA Administration For Brokers For Employers FSA Administration Health Insurance Administration HIPAA Compliant Life Insurance Administration Online Benefits Enrollment Premium Billing Provider Management Retiree Administration Retirement Plan Management Onboarding Features Course Management Document Management E-Verify / I-9 Forms Electronic Forms Electronic Signature Employee Handbook Employee Portal File Management Job Description Management Orientation Management Self Service Portal Task Management Tax Forms Training Management Payroll Features 401(k) Tracking Attendance Management Benefits Management Check Printing Compensation Management Deductions Management Direct Deposit Multi-Country Multi-State Reporting/Analytics Self Service Portal Tax Compliance Vacation / Leave Tracking W-2 and 1099 Preparation Wage Garnishment Talent Management Features Career Development Planning Compensation Management Competency Management Employee Lifecycle Management Goal Setting / Tracking Job Description Management Onboarding Performance Appraisal Recruiting Management Succession Planning Training Management Time and Expense Features Activity Tracking Billable Hours Tracking Billing Rate Management Expense Tracking Invoice Processing Multiple Billing Rates Project Tracking Reimbursement Management Time Tracking by Client Time Tracking by Project
Integrations AccuBuild COBRA Contractors Software ComputerEase Construction Partner Corecon FOUNDATION Global Shop Solutions JD Edwards EnterpriseOne Jonas Enterprise LaborChart Microsoft Dynamics GP Microsoft Dynamics SL Moovila Sage 100 Sage 300 Construction and Real Estate (CRE) Sage 50 Trimble Construction One WinTeam Show More Integrations View All 33 Integrations	Integrations AccuBuild COBRA Contractors Software ComputerEase Construction Partner Corecon FOUNDATION Global Shop Solutions JD Edwards EnterpriseOne Jonas Enterprise LaborChart Microsoft Dynamics GP Microsoft Dynamics SL Moovila Sage 100 Sage 300 Construction and Real Estate (CRE) Sage 50 Trimble Construction One WinTeam Show More Integrations View All 1 Integration
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