Paycom Alternate Sample Clauses
The "Paycom Alternate" clause establishes an alternative method or process for handling payroll, payment processing, or related employment services, typically involving the use of Paycom as a service provider. In practice, this clause may specify that if the primary payroll system is unavailable or unsuitable, Paycom will be used as the backup or substitute platform for processing employee payments and managing payroll data. This ensures continuity in payroll operations and mitigates risks associated with system failures or service disruptions, thereby safeguarding timely and accurate compensation for employees.
Paycom Alternate. If Client is using a Paycom Alternate for the term of this Agreement ExED will (i) process any status updates, new hires, terminations, and or informational changes in the payroll system based on information submitted by the Client on Status Change Request forms, and (ii) calculate and submit to federal and state authorities federal and state payroll tax payments and reports, as required by law and directed by Client.