Supplier Diversity at Paycor

FAQ: Supplier Diversity Program

What is Paycor’s global supplier diversity program?

Paycor’s Supplier Diversity Program creates opportunities for local minority and women-owned businesses to become suppliers of goods and services to our organization. This program is part of our larger commitment to social justice and economic mobility initiatives that will directly benefit Black, Indigenous, and People of Color (BIPOC), with a priority focus on the Cincinnati area.

How does the supplier diversity program work?

Accepted and approved applicants will be included in the Paycor registry, which will be made available to all internal business units. This registry will be the central source for Paycor in seeking locally supplied goods and services.

Who is eligible to be a part of Paycor’s supplier diversity program?

Women, minority, LGBTQ-owned business enterprises who have the ability to conduct business operations and deliver goods and services to Cincinnati Ohio.

Please click here to see a list of all of the diverse suppliers that are accepted.

What type of certification is recommended to participate in the supplier diversity program?

Ideally vendors will be certified by either the NMSDC, WBENC, NGLCC or other certifying agencies. Certification is preferred but not required.

Please contact us at [email protected] to get resources for free self-registration.

What type of goods or services are typically procured by Paycor?

See below for a list of the goods and services that are most commonly sourced by Paycor. There is no guarantee that additional products or services will be needed, nor are there any guarantees that goods and services will be purchased from the categories listed.

Please contact us if you have questions related to your business.

How can I learn what vendor and contracting opportunities are available?

Businesses that are part of the Supplier Diversity Program will be contacted directly by Paycor’s internal buyers. Additionally, RFPs may be distributed to businesses within our network and also to others in the marketplace that provide products or services in the desired categories. The procurement process is at the discretion of each buyer requirement.

I have registered in the supplier database. What are the next steps?

All registrants will receive an email confirmation once they have successfully registered for our program. If there are any questions about your application, our team will contact you directly. Also, as products and services are needed, buyers will reach out to you directly for information.

Who can I contact for more information on this program?

Businesses interested in learning more about the program can send an email to [email protected].

Paycor Supplier Diversity Program Policy

The Paycor Company works to create mutually beneficial business relationships with diverse suppliers that strengthen the communities in which we operate. We are committed to developing mutually beneficial relationships with small, minority-owned, women-owned, disadvantaged/disabled, veteran owned and LGBTQA business enterprises. The primary goal of Paycor’s Supplier Diversity Program is to provide opportunities to diverse suppliers that satisfy our procurement and business contractual standards. Secondarily, it supports our customers in achieving their own corporate diversity goals.

Paycor’s procurement and business departments are encouraged to identify and include diverse suppliers and service providers in the procurement process. Diverse suppliers that demonstrate the ability to add value, provide high-quality goods and services that are competitively priced, reliable, and aligned with our strategic business model may be included in our sourcing and procurement
process. This policy reflects Paycor’s desire to create opportunities for suppliers to market their products and services to Paycor and to encourage Paycor to offer opportunities to such suppliers.

Responsibilities

The Supplier Diversity Department will identify and encourage departments to explore opportunities to identify small, minority-owned, women-owned, disadvantaged/disabled, veteran owned and LGBTQA business enterprises to compete for business and from whom to obtain goods and services whenever possible.

Procedures

The Supplier Diversity Department will participate with global, national, regional, and local initiatives to maintain awareness of resources and will encourage diversity suppliers to meet with Paycor associates to review product/service specifications, and review supplier qualifications including licenses, certification, and insurance requirements as appropriate.

Our objectives include:

• Actively seeking out certified diverse suppliers that can provide competitive, high-quality goods and services whose business model is aligned with our business strategy.
• Ensuring the inclusion of diverse suppliers as a part of our strategic sourcing and procurement processes.
• Communicating the value of supplier diversity both internally and externally to all stakeholders.
• Leveraging our supplier diversity results to meet our corporate customers’ supplier diversity requirements.

Paycor’s Supplier Diversity Program aims to achieve corporate diversity goals while enabling the growth of diverse businesses in our communities. We strive to create supplier–buyer relationships that allow diverse businesses to continue to develop, while offering quality products at competitive prices.

For more information on Paycor’s supplier diversity program, please email [email protected].