This expansion to the U.K. reflects Paycom’s commitment to providing innovative technology that simplifies the lives of employees.
Paycom, a 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.
Paycom founder, chairman and Co-CEO Chad Richison, said, “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.”
This expansion follows the company’s 2023 move into Canada and Mexico as well as its launch of Global HCM, which increased the 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 organisations with employees in the U.K.
According to a commissioned Total Economic Impact™ study conducted by Forrester Consulting on behalf of Paycom in 2023, a composite organisation representative of interviewed clients implementing Beti reduced time spent processing payroll by 90%.