Founded in 1998 by Chad Richison, Paycom Software, Inc. is a leading provider of cloud-based human capital management (HCM) solutions headquartered in Oklahoma City, Oklahoma. The company’s core mission is to streamline and automate HR processes for small to mid-sized businesses through its software-as-a-service (SaaS) platform. Paycom offers a comprehensive suite of applications covering talent acquisition, payroll, time and labor management, and HR management, enabling businesses to manage the entire employment lifecycle from recruitment to retirement. The company primarily serves markets in the United States, Canada, Mexico, the United Kingdom, and Ireland.
Notable figures affiliated with Paycom include its founder and CEO Chad Richison, COO Randy Peck, CFO Craig Boelte, and CIO Brad Smith. The company has achieved significant milestones, such as being listed on the NYSE under the ticker PAYC and becoming an S&P 500 component. In 2023, Paycom reported a revenue of $1.66 billion and an operating income of $451 million. Its innovative solutions have had a substantial impact on the HR industry by enhancing efficiency and data-driven decision-making for businesses.