Paycom Software (NYSE:PAYC) (NYSE: PAYC) is a leading provider of cloud-based human capital management (HCM) software solutions designed to streamline and automate complex workforce processes for businesses of all sizes. Through a single, unified platform, Paycom offers comprehensive tools that cover the entire employee lifecycle, enabling organizations to manage payroll, talent acquisition, time and labor management, benefits administration, talent management, and HR processes with greater efficiency and accuracy.
At the core of Paycom’s offering is its intuitive interface and robust payroll engine, which allows users to process payroll in-house without reliance on paper checks or third-party payroll providers. The company’s talent acquisition suite includes applicant tracking, onboarding, and background check integrations, while its time and labor management tools provide real-time labor tracking, scheduling, and absence management. Paycom also delivers self-service functionality for employees and managers, enabling mobile access to pay statements, tax forms, benefits enrollment, and performance feedback.
Founded in 1998 by Chad Richison, who continues to serve as chairman and CEO, Paycom began as a regional payroll outsourcing firm based in Oklahoma City. Over the years, the company transitioned to a fully cloud-based HCM model and expanded its footprint across the United States. In 2014, Paycom completed its initial public offering and gained a broader platform to accelerate product development, sales, and customer support initiatives. The firm has since invested in talent and technology to drive innovation in areas such as artificial intelligence and real-time analytics.
Paycom serves clients across a wide range of industries, including retail, hospitality, healthcare, manufacturing, and professional services, focusing primarily on U.S.-based organizations. The company leverages a direct sales force and dedicated client service team to deliver implementation, training, and ongoing support. Under the leadership of Richison and an executive team with deep experience in HR technology, Paycom continues to refine its platform, enhance user experience, and expand its suite of solutions to meet evolving workplace needs.
