PAYCHEX INC

Paychex, Inc. is a human capital management (HCM) company that provides technology and advisory solutions for human resources (HR), employee benefits, insurance, and payroll processing. As of May 31, 2025, Paychex served approximately 800,000 clients and their employees in the U.S. and parts of Europe. The company was incorporated in Delaware in 1979 and has its corporate headquarters in Rochester, New York. Paychex helps organizations manage the complexities of employer-employee relations, including regulations, changing workforce dynamics, and talent attraction and retention. The company offers integrated HCM solutions that cover the entire employee lifecycle, from hiring to retirement, for businesses of all sizes and complexities. These solutions can be customized to client needs and integrate with popular HR, accounting, enterprise resource planning (ERP), and point-of-sale applications. Key features of Paychex's solutions include comprehensive cloud-based HCM platforms for HR and payroll, expertise from approximately 250 compliance experts and over 650 HR business professionals, and streamlined workforce management combining technology with flexible support. The platforms offer a modern, mobile, and intuitive user experience with self-service capabilities. They are scalable and customizable, allowing clients to add solutions as they grow. Paychex utilizes a Software as a Service (SaaS) delivery model, which aims to reduce total cost of ownership for clients, and incorporates advanced data analytics and artificial intelligence (AI).