Paycom has long championed the concept of putting all HR and payroll tools in a single-database software. And a new study uncovered its far-reaching benefits.
A commissioned Total Economic Impact™ study conducted by Forrester Consulting on behalf of Paycom revealed that for a composite organization representative of interviewed clients, unifying HR and payroll in a single-database software with automation and streamlined workflows achieved a three-year 362% ROI and resulted in:
- $1.4M net present value*
- over 45% total time saved by HR
- 80% time saved on compliance work
Forrester Consulting interviewed companies using select Paycom tools across all five suites to create its composite organization with 500 employees, six in HR and 40 managers companywide.
How Paycom solved key challenges
In the study, interviewees shared the problems they faced with their previous provider, saying it:
- lacked a single, unified system
- burdened them with manual work
- was difficult to use
- hindered insights due to lack of data/analytics
They explained that a lack of a single solution required cobbling together disconnected systems. This severely limited automation, created extra work for everyone, delivered a subpar user experience and rendered data unreliable.
By unifying HR and payroll in Paycom’s automated, single-database software, clients were able to improve the employee experience, save thousands of hours annually and increase data accuracy.
“Having one single solution with Paycom is a strong selling point. It reduces manual steps and data quality issues,” a director of HR in the entertainment industry interviewed for the study told Forrester.
*A commissioned Total Economic Impact™ study conducted by Forrester Consulting on behalf of Paycom, June 2025. Results are for a composite organization based on interviewed customers.