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Payworks competitors & alternatives

Payroll and HR SoftwareCanada

The 12 closest competitors and alternatives to Payworks among payroll and hr software companies — ranked by similarity to what Payworks actually does, not by market-cap band.

12Competitors listed

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About Payworks

Payworks provides cloud-based total workforce management solutions, including payroll, human resources, employee self-service, and time and absence management. The company serves Canadian employers of all sizes, offering compliance support, onboarding services, and dedicated client assistance.

Payworks at a glance

Payworks is a payroll and hr software company headquartered in Canada. It has raised at least $19M across the 2 funding rounds on record. Its most recent funding round, Series B, raised $14.5M in February 2018.

Payworks funding rounds

At least $19M raised across the 2 rounds on record. Every round on record:

DateRoundAmountInvestors
Series B$14.5M4 named
Series A$4.5M1 named

Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →

Top 12 Payworks competitors

Ranked by semantic similarity — how close each company is to Payworks by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.

Paycom Software, Inc.PAYC · HR TechOklahoma City, United States
68% matchPublic

HR Tech

Paycom Software, Inc., established in 1998 and headquartered in Oklahoma City, Oklahoma, provides a comprehensive, cloud-based human capital management (HCM) platform. This software-as-a-service (SaaS) solution is specifically tailored for small to mid-sized businesses across the United States. It equips organizations with the essential functionality and analytical insights needed to oversee the complete employee journey, from the initial hiring process through to retirement. The robust HCM suite encompasses a wide array of applications across several critical HR domains. For talent acquisition and onboarding, it offers tools such as applicant tracking, candidate management, background checks, seamless onboarding processes, E-Verify compliance, and tax credit services. Time and labor management capabilities include precise time and attendance tracking, flexible scheduling with exchange options, efficient time-off request management, labor allocation, detailed reporting (including push reports), and advanced location-based features like geofencing, geotracking, and their proprietary Microfence Bluetooth technology. Payroll processing is streamlined through applications for improved employee transaction interfaces, comprehensive payroll and tax administration, direct payment options (Paycom Pay), expense management, mileage tracking (with fixed and variable rates), garnishment management, and GL concierge services. Talent development and performance management are supported by employee self-service portals, compensation budgeting, performance review systems, position management, Paycom learning modules, content subscriptions, and "my analytics" for predictive employment reporting. Furthermore, the platform integrates various other crucial functions. These include "Manager On-the-Go" for supervisors to approve time-off and expenses remotely, "Ask Here" for direct employee-to-HR communication, direct data exchange capabilities, and tools for document management and checklists. It also addresses compliance and benefits administration with features for government regulations, benefits enrollment (including carrier integration), COBRA administration, personnel action and performance discussion forms, surveys, and Affordable Care Act applications. A notable offering is "Clue," which provides a secure system for collecting, tracking, and managing employee vaccination and testing data.

Market cap$10.3B
Employees5,770
Paycom Software, Inc. competitors & alternatives →
Paylocity Holding CorporationPCTY · HR TechSchaumburg, United States
67% matchPublic

HR Tech

Paylocity Holding Corporation delivers a comprehensive suite of cloud-native software solutions, primarily focusing on human capital management (HCM) and payroll processing for businesses and their workforces throughout the United States. At its core, the company offers a robust Payroll and Tax Services solution, designed to simplify operations, automate administrative tasks, and ensure adherence to regulatory compliance from a unified platform. This includes features like expense management, on-demand payment capabilities, and garnishment processing. Beyond payroll, Paylocity provides extensive human capital management functionalities, encompassing employee self-service portals, a centralized document library, an intuitive compliance dashboard, and its "HR Edge" feature. Its product suite also includes tools for time and attendance tracking and schedule management, supported by various time collection devices such as physical kiosks, traditional time clocks, and versatile mobile and web applications. Furthermore, the company offers a full spectrum of talent management solutions, covering everything from recruiting and onboarding new hires to managing employee learning, performance evaluations, and compensation. It also assists with employee benefits administration and offers third-party administrative services. To foster a positive employee experience, Paylocity supplies tools like internal community platforms, premium video content, survey capabilities, and peer recognition programs. For data-driven decision-making, it offers insight and recommendation tools, exemplified by its modern workforce index, detailed data analytics, and comprehensive reporting features. Clients also benefit from a range of supporting services, including implementation assistance, training programs, ongoing client support, and specialized tax and regulatory services. Paylocity serves a diverse clientele, encompassing both for-profit and non-profit entities across numerous sectors such as business services, financial services, healthcare, manufacturing, hospitality (restaurants), retail, and technology, among others. Its solutions are distributed directly through its team of sales representatives. Established in 1997, Paylocity maintains its corporate headquarters in Schaumburg, Illinois.

Market cap$8.4B
Employees6,400
Paylocity Holding Corporation competitors & alternatives →

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