Paychex

Paychex provides payroll, human resource and benefits outsourcing solutions for a businesses. Read more

21,373 Followers on Owler
21,373 Followers on Owler
21,373 Followers on Owler
21,373 Followers on Owler

Paychex

Paychex provides payroll, human resource and benefits outsourcing solutions for a businesses. Read more

Martin Mucci's photo - President & CEO of Paychex

President & CEO

Martin Mucci

CEO Approval Rating

77/100

Founded:

1971

Status:

PublicIndependent CompanyNASDAQPAYX

PAYCHEX TOP COMPETITORS OR ALTERNATIVES

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ADP is one of Paychex's top competitors. ADP was founded in 1949 in Roseland, New Jersey. ADP operates in the Internet Software industry. ADP generates $10.7B more revenue than Paychex.

Alliance Data is a top competitor of Paychex. Alliance Data was founded in 1996, and is headquartered in Columbus, Ohio. Alliance Data is in the Diversified Capital Markets industry. Alliance Data generates $547.3M more revenue vs. Paychex.

Broadridge is seen as one of Paychex's top competitors. Broadridge is headquartered in Lake Success, New York, and was founded in 1962. Broadridge is in the Diversified Financial Services field. Broadridge generates 121% the revenue of Paychex.

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Paychex Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$4B

Paychex's revenue is the ranked 10th among it's top 10 competitors. The top 10 competitors average 3.7B. Over the last four quarters, Paychex's revenue has grown by 21.5%. Specifically, in Q1 2021's revenue was $1.1B; in Q4 2020, it was $983.7M; in Q3 2020, it was $932.2M; in Q2 2020, Paychex's revenue was $915.1M.

Paychex Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Oasis Outsourcing, Inc.

Nov 2018

Source »
$1.2B
Oasis Outsourcing is a PEO firm that offers human resources, employee benefits, payroll administration and risk management solutions for businesses.
Lessor A/S

Mar 2018

Source »
undisclosed
Lessor provides payroll and human capital management software solutions for small and medium-sized businesses.
HR Outsourcing Holdings, Inc.

Aug 2017

Source »
undisclosed
HROI is a Professional Employer Organization that provides payroll, benefits, workers' compensation, compliance and HR services.
Advance Partners

Dec 2015

Source »
undisclosed
Advance Partners is a provider of integrated financial, operational and strategic services to independent staffing firms.
NETtime Solutions, Inc.

Jun 2014

Source »
undisclosed
NetTime Solutions provides time and attendance software solutions services for businesses.

These are all the companies that Paychex has acquired. Paychex has acquired 8 companies and its latest acquisition was Oasis Outsourcing, Inc. in Nov 2018. Oasis Outsourcing is a PEO firm that offers human resources, employee benefits, payroll administration and risk management solutions for businesses.

Paychex Funding History

No recent funding data found related to Paychex

Paychex Investments

No recent investments found related to Paychex

These are all the companies that Paychex has invested in. Paychex has invested 8 companies and its latest investment was Oasis Outsourcing, Inc. in Nov 2018. Oasis Outsourcing is a PEO firm that offers human resources, employee benefits, payroll administration and risk management solutions for businesses.

Paychex News

April 7, 2021Killer Apps TV

Paychex Ranks No. 1 in Payroll Voice of the Customer Report From Sapient Insights Group

ROCHESTER, N.Y., April 7, 2021 /PRNewswire/ - Paychex, Inc., the HR software and services company tha... See more »
April 6, 2021myMotherLode

Illumina, Cara Therapeutics rise; Greenbrier, Paychex fall

Stocks that traded heavily or had substantial price changes Tuesday: Illumina, Cara Therapeutics rise... See more »
April 6, 2021iNVEZZ

Paychex reports better than expected profit in the fiscal third quarter

Paychex Inc. (NASDAQ: PAYX) said on Tuesday that its profit in the fiscal third quarter topped analys... See more »
April 6, 2021MarketScreener

Third Quarter 2021 Investor Presentation

(marketscreener.com) Third Quarter Highlights and Financial Results Fiscal 2021 Forward Looking State... See more »
April 6, 2021FinanzNachrichten

Paychex Improves FY21 Outlook

PENFIELD (dpa-AFX) - While reporting financial results for the third quarter on Tuesday, payroll and ... See more »
April 1, 2021Zacks

What's in Store?

Paychex's (PAYX) third-quarter fiscal 2021 earnings and revenues are likely to have decreased year ov... See more »

Paychex Blogs

May 1, 2018Paychex Blog

Paychex | IHS Markit Small Business Employment Watch: Wages Show Positive Momentum as Job Growth Continues to Moderate Amid Tightening Labor Market

According to the latest Paychex | IHS Markit Small Business Employment Watch, wage growth accelerated... See more »
April 16, 2018Paychex Blog

Study: Nearly Half of Small Business Owners Feel Repealing Net Neutrality Will Have a Negative Impact

As the FCC's repeal of net neutrality draws near, a Paychex Small Business Survey found 44% of small ... See more »
March 20, 2018Paychex Blog

Paychex Wins Stevie® Award for Customer Service

For the second consecutive year, the American Business Awards (ABA) has honored Paychex with a bronze... See more »
March 6, 2018Paychex Blog

Paychex | IHS Markit Small Business Employment Watch: Small Business Job Growth and Wages Moderate in February

After an uptick to start the year, the Paychex | IHS Markit Small Business Employment Watch saw small... See more »
February 16, 2018Paychex Blog

A Legacy of Learning: Paychex Ranks Among Top 125 Training Organizations for 17th Straight Year, Ascends to No. 14

Delivering more than one million training hours to its nearly 14,000 employees last fiscal year, Payc... See more »
February 13, 2018Paychex Blog

NelsonHall Recognizes Paychex as a Leader in Payroll Outsourcing NEAT Report

Paychex has earned recognition as a Leader in the 2017 NelsonHall Evaluation and Assessment Tool (NEA... See more »
February 12, 2018Paychex Blog

IFA Selects Paychex as Preferred Payroll Solutions Provider

The International Franchise Association (IFA) announced it has selected Paychex as its preferred payr... See more »

Paychex Press Releases

August 13, 2020PR Newswire

Paychex Flex Wins Lighthouse Research & Advisory HR Tech Award for Best Small and Medium Business Core HR/Workforce Solution

ROCHESTER, N.Y., Aug. 13, 2020 /PRNewswire/ -- Paychex, Inc., a leading provider of HR, payroll, bene... See more »
July 17, 2020PRWeb

Benasource Member Pharmacies Now Open to "Opt-in" with Paychex

New nationwide alliance offers additional savings in time and money; simplified scalable solutions, f... See more »
July 6, 2020PR Newswire

New Paychex Products Address Evolving Workplace Norms Due to COVID-19

ROCHESTER, N.Y., July 6, 2020 /PRNewswire/ -- Over the course of the last quarter, Paychex, Inc., a l... See more »
June 12, 2020centralcharts

Paychex Introduces Paycheck Protection Program Loan Forgiveness Estimator and Reporting

Paychex Introduces Paycheck Protection Program Loan Forgiveness Estimator and Reporting Paychex Flex®... See more »
May 27, 2020StreetInsider

Paychex Study Finds 63% of Business Owners Feel the Worst of the COVID-19 Pandemic is Behind Them

ROCHESTER, N.Y., May 27, 2020 /PRNewswire/ --Â As business owners across the country focus on getting... See more »
May 18, 2020centralcharts

Paychex Releases HR Industry's First Real-Time Payments Solution

Paychex Releases HR Industry's First Real-Time Payments Solution PR Newswire ROCHESTER, N.Y., May 18,... See more »
May 5, 2020centralcharts

Paychex Study Finds Majority of Paycheck Protection Program Applicants Face Loan Status Uncertainty

Paychex Study Finds Majority of Paycheck Protection Program Applicants Face Loan Status Uncertainty 6... See more »

Paychex Videos

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Paychex Headquarters

911 Panorama Trail South

Rochester, New York14625

585-385-6666

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Paychex Summary

ABOUT

Overview

Paychex, Inc. (NASDAQ: PAYX) provides payroll, human resource, and benefits outsourcing solutions for small to medium-sized businesses. The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and em...

CEO

Paychex's President & CEO, Martin Mucci, currently has an approval rating of 77%. Paychex's primary competitors are ADP, Alliance Data & Broadridge.

Website

paychex.com

Frequently Asked Questions about Paychex

  1. When was Paychex founded?

    Paychex was founded in 1971
  2. Who is Paychex's CEO?

    Paychex's CEO is Martin Mucci
  3. How much revenue does Paychex generate?

    Paychex generates $4B in revenue
  4. How much funding does Paychex have?

    Paychex has historically raised $0 in funding
  1. Where is Paychex's headquarters?

    Paychex's headquarters is in Rochester New York, USA
  2. How many employees does Paychex have?

    Paychex has 15,600 employees
  3. What sector does Paychex operate in?

    Paychex is in Business Support Services, Payroll & Benefit Support Services
  4. Who are Paychex's competitors?

    Paychex's top competitors are ADP, Alliance Data, Broadridge