Paychex
Payqix, Inc. provides transactional automation software for US businesses.
Founded
1971Paychex, Inc. is a publicly traded company specializing in business process outsourcing and human capital management. Founded in 1971 and headquartered in Rochester, New York, Paychex provides comprehensive payroll, human resource, and employee benefits outsourcing solutions primarily for small to medium-sized businesses. Their services include payroll calculation, tax payment filing, retirement plan administration, and workers' compensation management, serving clients across the United States and several international markets including Brazil, Denmark, Germany, Norway, and Sweden.
Key figures in the company include founder and chairman B. Thomas Golisano, president and CEO Martin Mucci, and senior VP and CFO Efrain Rivera. Paychex is listed on the Nasdaq under the ticker PAYX and is a component of both the Nasdaq-100 and S&P 500 indices. The firm’s investment philosophy centers on providing integrated solutions that streamline business operations, enhance compliance, and improve overall efficiency for their clients. Notable for their robust service offerings, Paychex adds value through advanced technology platforms and dedicated customer support, ensuring tailored solutions for diverse business needs.
Paychex - M & A Snapshot
Paychex - Quick Facts
Who are Paychex's competitors?
Companies similar to Paychex include Paycom Software, Paylocity, Inova Payroll and Paycor.
When was Paychex founded?
Paychex was founded in 1971.
Where is Paychex's headquarters located?
Paychex's headquarters is located in New York City, NY, US.
When was Paychex's last funding round?
Paychex's most recent funding round was for $11M (USD) in March 2017.
