Paycor Celebrates 25 Years of Collaboration with Fifth Third Bank

Paycor Celebrates 25 Years of Collaboration with Fifth Third Bank

Bank’s Business Customers Have Full Access to Paycor’s All-in-One HR Software Solution for Best-in-Class Compliance and Risk Mitigation

CINCINNATI, Feb. 28, 2017 — Human Capital Management company Paycor is celebrating its 25 year relationship with Fifth Third Bank, a diversified financial services company headquartered in Cincinnati, Ohio. In celebration of this significant milestone, Fifth Third Bank is now offering customers access to Fifth Third HR & Payroll powered by Paycor, a complete HCM solution that includes Paycor’s all-in-one HR software platform.

Since 1993, Paycor and Fifth Third Bank have offered a simplified solution that has allowed Fifth Third Bank customers to process payroll quickly and easily, whenever and wherever they choose. With today’s announcement, the bank’s business customers now have access to Paycor’s complete, HCM solution, including HR. By providing an all-in-one platform that includes everything from applicant tracking and onboarding to HR and payroll, Paycor empowers the bank’s clients to truly make a difference in their organizations. Customers who fund their accounts through the bank are also eligible for preferred pricing.

Key features and benefits of this joint solution include:

  • Recruiting, Hiring and Onboarding — Streamline the new hire process to land top talent and enable new employees to contribute more quickly, increasing engagement.
  • Learning Management — Train employees with a solution that combines virtual, classroom, mobile and social capabilities on one platform.
  • HR and Benefits Administration — Manage people strategically, reduce redundancy and simplify HR processes, spending less time on paperwork and more time on value-added initiatives.
  • Payroll — Quickly and easily pay employees, all while ensuring tax compliance and reducing administrative processes
  • Time and Attendance Tracking — Create schedules, manage requests and stay on top of labor distribution to make labor management time and cost effective.
  • Reporting and Analytics — Gain rich and actionable insights and real-time analysis of employee data to identify and solve business problems more quickly and effectively.

Paycor is headquartered in Cincinnati, Ohio, and has sales representatives and offices across the country. To learn more about Paycor’s partnerships with banks, visit https://www.paycor.com/partners/bank. For more information on Paycor’s partner community, visit https://www.paycor.com/partners.

Supporting Quotes

“With this announcement, we are empowering Fifth Third Bank’s business clients to maximize and take care of their most valuable asset — their employees,” said Jamie Griffiths, VP of bank channel at Paycor. “We’re honored to play a critical role in helping them mitigate compliance and risk, while making a difference in their organization, and look forward to the next 25 years of collaboration with Fifth Third.”

“Extending Paycor’s offering beyond just payroll to its scalable and easy-to-use platform for human capital management helps us take care of our customers’ key business needs,” said Bridgit Chayt, SVP director of commercial payments & treasury management at Fifth Third Bank. “In addition, the personalized support that each of our customers receive via a dedicated Paycor team member who knows their business inside and out is unmatched. It’s a big part of why we’ve remained partners with Paycor for 25 years.”

Supporting Resources

About Paycor

Paycor is a trusted partner to more than 31,000 small and medium-sized businesses. Known for delivering modern, intuitive recruiting, HR and payroll solutions, Paycor partners with businesses to optimize the management of their most valuable asset — their people. Paycor’s personalized support and user-friendly technology ensure that key business processes, including recruiting, onboarding, reporting, timekeeping, compliance and payroll, run smoothly. Paycor’s people operations solutions are recommended by today’s most innovative brokers, bankers, and CPAs. Learn how Paycor can transform your business by starting a conversation at https://www.paycor.com.

About Fifth Third Bank

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of Dec. 31, 2017, the Company had $142 billion in assets and operated 1,154 full-service Banking Centers and 2,469 ATMs with Fifth Third branding in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. In total, Fifth Third provides its customers with access to more than 54,000 fee-free ATMs across the United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending and Wealth & Asset Management. Fifth Third is among the largest money managers in the Midwest and, as of Dec. 31, 2017, had $362 billion in assets under care, of which it managed $37 billion for individuals, corporations and not-for-profit organizations through its Trust and Registered Investment Advisory businesses. Investor information and press releases can be viewed at www.53.com. Fifth Third’s common stock is traded on the Nasdaq® Global Select Market under the symbol “FITB.” Fifth Third Bank was established in 1858. Member FDIC.

FOR MORE INFORMATION

Katy Bunn

KBunn@paycor.com

(513) 307-6392

MEDIA CONTACT

Alandea Waidler

paycor@offleashpr.com

(831) 236-4501

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