About Paycor
A US payroll and HCM suite built for small and mid-market employers, now part of Paychex.
Paycor was founded in 1990 in Cincinnati, Ohio by Bob Coughlin to run payroll for businesses in the local market, and grew over three decades into a national HCM suite covering payroll, HRIS, benefits administration, time and labor, talent management, recruiting, learning and compensation. The company listed on NASDAQ as PYCR in July 2021 and now serves more than forty thousand businesses, mostly in the US small-to-mid-market band where one platform replaces a payroll bureau, a benefits broker portal, a time clock and a separate ATS. Paychex announced the acquisition of Paycor in January 2025 and closed it in April 2025; Paycor continues as a standalone business unit, with customers staying on the Paycor platform and keeping their existing service team relationships.
Inside the platform the records that matter for downstream reporting are the employee register with assignment and pay rate history, payroll runs with earning, deduction and tax detail per check, time entries from the clock and scheduling modules, benefits enrollments per plan and dependent, applicant and requisition data from the recruiting module, and performance review and learning records on the talent side. Pulled into a warehouse next to the GL, the CRM and the operations system, the Paycor record finally answers questions a Paycor report on its own does not: labor cost per store and shift against revenue, overtime concentration that predicts which managers will blow the next monthly budget, benefits-plan adoption against the broker contract assumptions, and offer-acceptance rates per recruiter and role family.