SOURCE: Paycor

Paycor

October 19, 2015 07:00 ET

With Reporting Deadline Near, Paycor Sees Rapid Adoption of ACA Connect Solution

Offering Ease of Use and Advanced Functionality, Solution Leveraged by Thousands of Companies to Manage ACA Compliance

CINCINNATI, OH--(Marketwired - Oct 19, 2015) - Paycor, providing companies with intuitive, cloud-based onboarding, HR, payroll and timekeeping software, today announced details of the high user adoption of its Affordable Care Act (ACA) Connect solution. As companies seek an intuitive, user-friendly solution to manage the regulations introduced by the ACA, more than 2,800 of them have adopted Paycor's cutting-edge technology in the past 90 days.

"ACA compliance has been one of the biggest priorities for many employers in 2015, and Paycor has been committed to developing the capabilities that streamline the entire ACA management process," said Brad Dewey, director of product management for Paycor. "As with all of our solutions, ACA Connect was created by listening to the unique needs and concerns of our clients and building out the functionality to deliver on those requirements. We are incredibly pleased that so many companies have recognized the power of our solutions to transform their ACA strategy, and we are happy to serve as their trusted partner and help them ensure compliance and streamline processes each step of the way."

The implementation of the ACA has presented challenges for companies of all sizes. With significant fines and penalties for companies that are unable to comply with new ACA regulations, it is imperative that organizations adopt the tools and processes that can help them achieve a successful ACA strategy.

Paycor delivers the technology that streamlines the way companies manage their ACA responsibilities. The solution was built upon the same premise as Paycor's other core products: user needs drive the design and the product delivers a simple, intuitive user experience. By integrating seamlessly with Paycor's other modules, such as HR and payroll, clients benefit from reduced administrative work, as all relevant information can be accessed from the same system. ACA Connect is truly a self-service solution, giving users full control over viewing and editing their data.

Paycor's ACA Connect users also benefit from the support of dedicated specialists who work with them through the ACA management process to configure the software properly, evaluate and correct any potential issues and answer users' questions along the way. In addition, clients gain access to a robust online resource center that includes guides, checklists, calculators and more, ensuring continuous learning and access to the most recent information.

Through these extensive capabilities, Paycor has experienced tremendous growth in the number of clients leveraging ACA Connect. As of early October, the company counts 2,809 companies that have adopted its ACA services, with that number expected to increase as the early 2016 reporting deadline looms.

Paycor also recently qualified for the IRS Affordable Care Act Information Returns (AIR) program, enabling the company to file ACA information returns and transmittals electronically, providing additional efficiencies for its clients. Paycor achieved this authorization following extensive testing and reviews, further signifying the strength of its ACA functionality.

Additional information about Paycor's unique ACA capabilities can be accessed at: http://www.paycor.com/aca

About Paycor
People are at the core of Paycor. Serving more than 28,000 small and medium-sized organizations, Paycor is known for delivering amazing client experiences combined with modern and intuitive HR and payroll solutions. Paycor's personalized support and intelligent technology ensure that key business processes, including timekeeping, reporting, onboarding, and recruiting, run smoothly across your business. Paycor is the trusted partner for brokers, bankers and CPAs. Learn how Paycor can advance your business by connecting with us at Paycor.com | Twitter | LinkedIn | Facebook.