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Paycom Honored for Implementing Innovative Payments and Risk Management Solutions

Paycom, a leading provider of human capital management technology, was honored by EPCOR® – Electronic Payments Core of Knowledge – as the David P. DeMarea Payments Innovation Award recipient at the annual EPCOR Payments Conference.

Paycom was recognized for its cutting-edge human capital management technology and its comprehensive Automated Clearing House (ACH) Risk Management Policy that addresses client due diligence practices for the on-boarding of new clients, establishment of ACH exposure limits and ongoing monitoring and reporting of client activities. Paycom also exhibits a strong “Go Green” philosophy and is active in the promotion of Direct Deposit via ACH.

“We are honored to receive the 2013 David DeMarea Payments Innovation Award,” said Director of Banking, Tom Bubb. “We have worked very hard to develop a strong risk management policy. Being nominated and receiving this award is confirmation we are doing things the best way possible and exceeding industry standards.”

The David P. DeMarea Payments Innovation Award is presented to an individual or organization for implementing innovative payments or risk management solutions.

About EPCOR® – Your Electronic Payments Core of Knowledge
EPCOR is a not-for-profit trade association providing electronic payments and risk management information, education, support and national industry representation to over 14 percent of all U.S. financial institutions. EPCOR’s purpose is to assist banks, credit unions and thrifts in maintaining compliance, reducing risk and enhancing the overall operational efficiency of electronic payments. EPCOR members include over 2,300 banks, credit unions, thrifts and affiliated organizations located in Arkansas, Illinois, Indiana, Iowa, Kansas, Kentucky, Missouri, Nebraska, Oklahoma, Ohio, Pennsylvania and West Virginia. For more information on EPCOR, visit www.epcor.org.

About Paycom
For 25 years, Paycom Software, Inc. (NYSE: PAYC) has simplified businesses and the lives of their employees through easy-to-use HR and payroll technology to empower transparency through direct access to their data. And thanks to its industry-first solution, Beti®, employees now do their own payroll and are guided to find and fix costly errors before payroll submission. From onboarding and benefits enrollment to talent management and more, Paycom’s software streamlines processes, drives efficiencies and gives employees power over their own HR information, all in a single app. Recognized nationally for its technology and workplace culture, Paycom can now serve businesses of all sizes in the U.S. and internationally.