Comparing oracle peoplesoft vs paycom

You are comparing oracle peoplesoft & paycom on Analyzo. We have listed all the features for both these products in the table below, enabling you to view and compare features across them easily. Analyzo has listed the best products in Compensation Management Software, you can narrow down products based on their prices, features and your requirements. Click here to see other products in Compensation Management Software.

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Companies

  • Paycom
  • Oracle

Pricing

  • On Request
  • On Request

Descriptions

  • With Paycom’s all-in-one software, you can boost employee satisfaction – and control salary budgets – by linking performance with compensation. Cloud-based convenience streamlines the review process among employees, managers and HR. Pay increases automatically update to payroll. You also can see analytics on head count, turnover, overtime and more.

    Paycom is an online talent management tool with full pay data integration. With compensation and performance information in one system, you gain insight to control salary budgets and ensure compensation increases are equivalent with contribution. Once increases are approved, they automatically update payroll, saving time and ensuring accuracy.

    Key features -

    • Generate Compa-Ratio and Merit Budget reports.
    • Create a Merit Matrix with your Merit Budget, Performance Rating Scale and Compa-Ratios.
    • Adjust your Merit Matrix as needed including awarding lump sums.
    • Automatically upload new rates to payroll.
  • PeopleSoft Compensation is a Global solution for administering competitive compensation programs around the world.

    Delivered integration with Human Resources, Variable Compensation and ePerformance means you are guaranteed up-to-date information when you need it. PeopleSoft Compensation gives administrators the tools to administer Salary, Cash, and Non-Cash plans that strategically spend compensation dollars and drive performance. PeopleSoft Compensation can utilize a configurable matrix when calculating salary increases. This makes complex calculations based on your business rules easy and efficient, out of the box. Automated proration and eligibility rules further eliminate manual intervention. By performing these processes up front, you ensure your policies are enforced and remove this burden from managers.

    With the ability to view compensation figures in the employee’s paid currency, the amounts are easily converted to remain relevant to the user. The global functionality of PeopleSoft Compensation ensures that most text, date formatting, and data elements are appropriate for employees wherever they are located. The application is currently translated into 17 different languages. 

    PeopleSoft Compensation gives managers the tools to make quick but informed decisions on how to distribute the funding budgets for their group. In addition to group level metrics, they have a complete history of their employees’ compensation over time. With this information managers can redistribute funds as necessary and add notes to support their decisions. Real time balance updates keep track of what you have allocated and how much is available at all times.


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