Paycom Expands Automated Payroll With Beti Into the United Kingdom
February 07 2024 - 4:07PM
Business Wire
Paycom Software, Inc. (NYSE:PAYC) (“Paycom”), a leading
provider of comprehensive, cloud-based human capital management
software, announced it will expand its product offerings and
geographic reach into the United Kingdom. This latest inroad
includes access to Beti®, an industry-first solution that empowers
employees to do their own payroll. The U.K. launch will be Paycom’s
first foray outside North America and the first new international
market in 2024.
This expansion follows the company’s 2023 move into Canada and
Mexico as well as its launch of Global HCM™, which increased
availability of Paycom’s software to users in more than 180
countries and 15 languages and dialects. Now, Paycom will offer its
single-software solution for HCM, payroll and tax filing to support
organizations with employees in the U.K.
“This expansion to the U.K. reflects our commitment to providing
innovative technology that simplifies the lives of employees,
enables our clients to better engage their employees and drives
further employer ROI on a global scale,” said Paycom founder,
chairman and Co-CEO Chad Richison.
According to a commissioned Total Economic Impact™ study
conducted by Forrester Consulting on behalf of Paycom in 2023, a
composite organization representative of interviewed clients
implementing Beti reduced time spent processing payroll by 90%.
When asked about the impact of implementing Beti, a vice
president of total rewards and systems in the consumer services
industry explained, “We had over nine separate systems that we
consolidated into Paycom.”
For more information, visit
https://www.paycom.com/software/beti/.
About Paycom
For 25 years, Paycom Software, Inc. (NYSE:PAYC) has simplified
businesses and the lives of their employees through easy-to-use HR
and payroll technology to empower transparency through direct
access to their data. And thanks to its industry-first solution,
Beti®, employees now do their own payroll and are guided to find
and fix costly errors before payroll submission. From onboarding
and benefits enrollment to talent management and more, Paycom’s
software streamlines processes, drives efficiencies and gives
employees power over their own HR information, all in a single app.
Recognized nationally for its technology and workplace culture,
Paycom can now serve businesses of all sizes in the U.S. and
internationally.
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Jason Bodin media@paycomonline.com
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