Paycor Launches Integration Platform to Transform Connectivity
Paycor HCM (Nasdaq: PYCR) has launched its Integration Platform, designed to streamline connectivity between HCM software and third-party applications. The platform offers three key solutions: Paycor Marketplace with over 320 pre-built connectors, Developer Services for custom integrations, and Developer Tools including 140+ APIs. This launch addresses a critical market need, as research shows half of HR professionals use seven or more employment systems that are typically not integrated. The platform aims to enhance data accuracy, enable real-time availability, and provide enterprise-level system connectivity capabilities to mid-market companies.
Paycor HCM (Nasdaq: PYCR) ha lanciato la sua Piattaforma di Integrazione, progettata per semplificare la connettività tra software HCM e applicazioni di terze parti. La piattaforma offre tre soluzioni principali: Paycor Marketplace con oltre 320 connettori pre-costruiti, Servizi per Sviluppatori per integrazioni personalizzate e Strumenti per Sviluppatori che includono più di 140 API. Questo lancio risponde a un'importante esigenza di mercato, poiché le ricerche mostrano che la metà dei professionisti delle risorse umane utilizza sette o più sistemi di impiego che tipicamente non sono integrati. La piattaforma mira a migliorare la precisione dei dati, consentire la disponibilità in tempo reale e fornire capacità di connettività a livello aziendale per le aziende di medie dimensioni.
Paycor HCM (Nasdaq: PYCR) ha lanzado su Plataforma de Integración, diseñada para optimizar la conectividad entre el software HCM y aplicaciones de terceros. La plataforma ofrece tres soluciones clave: Paycor Marketplace con más de 320 conectores preconstruidos, Servicios para Desarrolladores para integraciones personalizadas y Herramientas para Desarrolladores que incluyen más de 140 API. Este lanzamiento aborda una necesidad crítica del mercado, ya que las investigaciones muestran que la mitad de los profesionales de recursos humanos utilizan siete o más sistemas de empleo que normalmente no están integrados. La plataforma tiene como objetivo mejorar la precisión de los datos, permitir la disponibilidad en tiempo real y proporcionar capacidades de conectividad a nivel empresarial para empresas del mercado medio.
Paycor HCM (Nasdaq: PYCR)은 HCM 소프트웨어와 타사 애플리케이션 간의 연결성을 간소화하도록 설계된 통합 플랫폼을 출시했습니다. 이 플랫폼은 세 가지 주요 솔루션을 제공합니다: Paycor Marketplace는 320개 이상의 미리 구축된 커넥터를 제공하고, 개발자 서비스는 맞춤형 통합을 위한 서비스이며, 개발자 도구에는 140개 이상의 API가 포함됩니다. 이번 출시는 시장의 중요한 요구에 대응하며, 연구 결과 HR 전문가의 절반이 일반적으로 통합되지 않은 7개 이상의 고용 시스템을 사용하고 있음을 보여줍니다. 이 플랫폼의 목표는 데이터 정확성을 높이고, 실시간 가용성을 가능하게 하며 중소기업에 대한 기업 수준의 시스템 연결 기능을 제공하는 것입니다.
Paycor HCM (Nasdaq: PYCR) a lancé sa plateforme d'intégration, conçue pour optimiser la connectivité entre les logiciels HCM et les applications tierces. La plateforme propose trois solutions clés : Paycor Marketplace avec plus de 320 connecteurs préconstruits, Services pour Développeurs pour des intégrations personnalisées et Outils pour Développeurs comprenant plus de 140 API. Ce lancement répond à un besoin critique du marché, car les recherches montrent que la moitié des professionnels des ressources humaines utilisent sept systèmes d'emploi ou plus qui ne sont généralement pas intégrés. La plateforme vise à améliorer l'exactitude des données, à permettre une disponibilité en temps réel et à fournir des capacités de connectivité à l'échelle des entreprises pour les entreprises de taille intermédiaire.
Paycor HCM (Nasdaq: PYCR) hat seine Integrationsplattform gestartet, die entwickelt wurde, um die Konnektivität zwischen HCM-Software und Drittanbieteranwendungen zu optimieren. Die Plattform bietet drei Hauptlösungen: Paycor Marketplace mit über 320 vorgefertigten Konnektoren, Entwicklerdienste für benutzerdefinierte Integrationen und Entwicklertools, einschließlich von über 140 APIs. Dieser Start adressiert ein kritisches Marktbedürfnis, da Studien zeigen, dass die Hälfte der HR-Profis sieben oder mehr Beschäftigungssysteme verwendet, die typischerweise nicht integriert sind. Die Plattform soll die Datengenauigkeit verbessern, die Echtzeitverfügbarkeit ermöglichen und Unternehmen der Mittelklasse erweiterte Systemkonnektivitätsfähigkeiten bieten.
- Launch of comprehensive Integration Platform with 320+ pre-built connectors
- Offers custom integration services with 10-day or less development time
- Provides 140+ APIs and developer tools for enhanced connectivity
- Addresses significant market need in HR system integration
- None.
Insights
The launch of Paycor's Integration Platform represents a strategic move to address a critical pain point in the HCM software market. With 320+ pre-built connectors and extensive API capabilities, this platform significantly reduces technical barriers for mid-market companies. The key differentiator is the three-pronged approach: marketplace solutions, developer services and developer tools, which provides flexibility for companies with varying technical capabilities.
The platform's potential for revenue growth stems from increased customer retention and possible upselling opportunities. By making their platform more interconnected with third-party applications, Paycor creates stronger customer lock-in and positions itself as a central hub for HR operations. The 10-day turnaround for custom integrations is particularly competitive, potentially accelerating implementation cycles and revenue recognition.
Paycor's all-in-one HCM software connects with mission-critical third-party applications, addressing a growing demand for interoperability
CINCINNATI, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced the launch of its Integration Platform, offering flexible solutions to make connecting data and systems easier, especially for organizations who don’t have in-house IT or developer support. The platform enables customers to integrate their third-party HR software and business applications more efficiently, as well as drive better data accuracy and real-time availability.
The Paycor Integration Platform comes at a critical time, as Finch reports half of HR professionals leverage seven or more employment systems and most of these applications are not integrated, leading to time-consuming manual workarounds, errors, and inefficiencies. Paycor’s Integration Platform offers three flexible ways to enhance connectivity:
- Paycor Marketplace: Provides access to over 320 pre-built connectors to industry-leading HCM vendor partners, including vertical-specific market needs.
- Developer Services: Offers expert teams to scope, design, build and support custom integrations for clients, many of which are built in 10 days or less.
- Developer Tools: Supplies resources that make it easier for customers to build a range of integrations, data feeds and reports. Our robust Developer Portal includes 140+ APIs, customizable templates and pre-built connectors to Paycor's reporting and data sharing tools.
"Our Integration Platform represents an industry step change, enabling customers to seamlessly connect their preferred business solutions to our HCM platform," said Ryan Bergstrom, Chief Product & Technology Officer at Paycor. "By offering industry-specific, highly customized solutions, we’re not just connecting systems, we’re fueling scalable operational efficiency by empowering leaders to meaningfully connect with their people, data and expertise. With this platform, we’re giving mid-market companies the ability to connect systems at a level and scope historically reserved for larger enterprises.”
To learn more about how Paycor is transforming connectivity, visit Paycor Integration Platform.
About Paycor
Paycor’s HR, payroll, and talent platform connects leaders to people, data, and expertise. We help leaders drive engagement and retention by giving them tools to coach, develop, and grow employees. We give them unprecedented insights into their operational data with a unified HCM experience that can seamlessly connect to other mission-critical technology. By providing expert guidance and consultation, we help them achieve business results and become an extension of their teams. Learn more at paycor.com.
Media Relations:
Carly Pennekamp
513-954-7282
PR@paycor.com
Investor Relations:
Rachel White
513-954-7388
IR@paycor.com
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