Core Insights - Paycom Software, Inc. has been awarded the H3 HR Advisors HCM Technology Signal Award for its innovations in workforce change management [2][3][5] Group 1: Award Recognition - The HCM Technology Signal Award recognizes Paycom's impact through innovations like decisioning logic and automation in HR and payroll software [2][3] - The award is based on H3 HR Advisors' research and identifies HCM providers demonstrating measurable impact in critical areas for organizations in 2026 [5] Group 2: Technology and Innovation - Paycom's software utilizes command-driven AI and full-solution automation to streamline HR and payroll processes, enhancing clarity and confidence in managing workforce changes [4] - The company claims to have the most automated software in the industry, enabling organizations to manage workforce changes effectively [5] Group 3: Leadership and Strategy - Shane Hadlock has been promoted to president and chief client officer, overseeing strategic operations and the execution of Paycom's automation strategy [9] - The company emphasizes the importance of reducing decision-making burdens on HR and leaders through its technology [4]

Core Insights - Paycom Software, Inc. has released updates to its Direct Data Exchange tool, highlighting the rising costs associated with manual HR tasks as reported by EY [2][4] - The average cost of manual data entry by HR professionals has increased to $4.86 per instance in 2025, up from $4.78 in 2023, indicating a trend of rising costs across various HR categories since 2018 [2][5] - The report emphasizes the financial benefits of automating HR tasks, with significant potential savings identified through the use of Paycom's automation solutions [4][5] Cost Analysis - EY's report shows that the cost of manual payroll creation has risen by $5.73 to $20.83 per instance, contributing to an overall increase in average costs for data entry from $4.86 to $5.68 [8] - Labor costs account for nearly all expenses related to manual HR tasks, suggesting that automation could lead to substantial financial savings for companies [5][6] Automation Benefits - Paycom's IWant™ AI engine offers a streamlined approach to accessing employee information, potentially reducing the labor cost of searching for information from an estimated $11.75 per instance [4] - The Direct Data Exchange tool has helped clients like The Kraft Group identify $5 million in savings, showcasing the effectiveness of Paycom's automation in enhancing operational efficiency [6] Industry Trends - The EY report indicates a widening gap between the costs of manual HR processes and the advantages of automation, reinforcing the need for companies to adopt automated solutions [4][5] - Paycom's industry-first payroll tool, Beti, automates payroll processing, reducing labor costs by 90% and saving HR teams over 2,600 hours annually [9]