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Stock impact report

New Study Demonstrates Benefits of Automating Time-Off Requests With Paycom

Paycom Software, Inc. (PAYC) 
Last paycom software, inc. earnings: 4/28 04:06 pm Check Earnings Report
Company Research Source: Business Wire
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, revealed findings by Forrester Consulting on the potential cost savings and benefits enabled by Paycom’s Time-Off Requests featuring GONE®, which automates the historically undermanaged time-off request process. According to the Forrester study, a composite organization representative of interviewed Paycom clients received a projected return on investment of up to 821% over three years.Paycom’s Time-Off Requests featuring GONE manages employee time-off requests through automated decision-making with configurable rules. The tool expedites time-off decision periods, frees managers from time-consuming reviews, and uses company policies and coverage needs to reduce bias. Using GONE for a three-year period, the projected, quantifiable benefits for the composite company from the commissioned study included:individual manager t Show less Read more
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