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Q4 Perform Product Update
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Paycor Improves HR Efficiency With Latest Product Updates

Company Introduces New Features to Automate Key HR Activities, Provide

Businesses With Greater Flexibility in Their People Processes

Press Release

Cincinnati, OH


December 1, 2015

Paycor, providing companies with intuitive, cloud-based onboarding, HR,

payroll and timekeeping software, today announced details of its fourth

quarter product update. The company’s latest batch of enhanced

capabilities includes innovations to expand its unified platform, drive

performance and streamline crucial tasks for hiring, onboarding and

managing employees.

“Today’s small and mid-sized companies face a number of challenges as

they strive to grow their businesses; yet, administrative HR tasks often

take up a great deal of their time. Paycor seeks to help them streamline

time-consuming HR processes to focus more on the people and strategic

initiatives that make their businesses great,” said Jennifer Langer,

senior vice president of Product Management for Paycor. “Paycor has long

been committed to developing the technology solutions that help

organizations simplify their people management processes through

intuitive, user-friendly tools, and our newest products and upgrades do

just that.”

In each quarterly update, Paycor releases


product enhancements and new capabilities, developed directly from

client feedback. As Paycor continues to streamline the interconnected

tasks associated with HR, payroll and timekeeping, the company

introduces a range of updates to its Perform suite to drive

organizational efficiency. Paycor’s fourth quarter Perform product

release includes:

* Improved Benefits Administration: With general availability of

Paycor’s Perform Benefits, part of Paycor’s Perform suite, clients have

access to powerful plan administration, online enrollment and carrier

connections. The solution enables employees to make benefit elections in

the same platform they complete other self-service tasks, while

administrators can manage employee elections more easily within a single

platform and eliminate duplicate entry and needless paperwork.

* Performance Review Tracking: Perform HR clients can now track and

manage employee performance online through the new Performance Tracking

functionality. This enables a streamlined performance review process and

more effective ways to manage the information gained.

* Workflow Email Notifications: Employers can be given the power to

update their own information through self-service, and administrators

are notified of employee changes by email. This feature can be

configured to give clients the flexibility to choose which changes

require notification.

* New Hire Customization: This feature enables onboarding

administrators to add custom fields to the new hire process and choose

which fields should be required for new employees. As a result, they can

collect the necessary information at the beginning of a new hire’s

employment and deliver a more streamlined onboarding experience.

* Greater Flexibility in New Hire Wizard: Paycor Onboarding and

Perform HR users can now customize the New Hire Wizard to add new

fields, eliminate extra steps and exclude fields and even upload

documents when hiring a new employee.

* ACA Readiness: Paycor delivers the technology that streamlines

the way companies manage their ACA responsibilities. By integrating

seamlessly with Paycor’s other modules, such as HR and payroll, clients

benefit from reduced administrative work, as all relevant information

can be accessed from the same system.

* Additional Features: Other new capabilities introduced in

Paycor’s fourth quarter update include mobile-optimized payroll,

flexible document sharing and personally identifiable information

protection to safeguard client data.

“Paycor’s mission is to make key HR, payroll and timekeeping processes

as simple as possible for today’s busy companies,” said Langer. “Our

latest product upgrades were designed to introduce new efficiencies that

enable managers and administrators to spend less time on administrative

tasks in order to help their employees become productive from their

first day and perform at their best throughout their tenures.”