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Paycom Software, Inc. (NYSE:PAYC) is a leading provider of cloud-based human capital management (HCM) technology, revolutionizing payroll and HR processes for businesses across the United States. Founded in 1998, Paycom has been at the forefront of online payroll innovation, offering comprehensive software-as-a-service (SaaS) solutions that liberate companies from traditional software constraints.
Headquartered in Oklahoma City, Paycom serves approximately 19,500 clients with employee counts ranging from 50 to 10,000. The company's core offering includes a robust payroll processing system seamlessly integrated with a wide array of HCM tools. These tools encompass time and attendance tracking, talent acquisition, HR management, and talent management, all within a single, easy-to-use online application.
Paycom's technology is designed to streamline and simplify complex HR tasks, improving efficiency and accuracy for businesses of all sizes. The company's growth trajectory has been impressive, fueled by its commitment to providing cutting-edge technology and superior customer service. With 36 sales teams spread across the country, Paycom has a significant presence in all 50 states, enabling it to cater to diverse business needs.
Recent achievements include the launch of new features and enhancements that further integrate and automate HR processes. Paycom is well-positioned for continued growth, thanks to its focus on innovation and customer satisfaction. The company's financial performance has been strong, reflecting its ability to attract and retain a growing client base.
In addition to its core business, Paycom actively forms strategic partnerships and collaborations to expand its offerings and market reach. These partnerships enable Paycom to stay ahead in a competitive landscape and continually deliver value to its customers.
Overall, Paycom Software, Inc. stands as a beacon of innovation in the HCM industry, helping businesses navigate the complexities of payroll and HR management with ease and efficiency.
Paycom Software, Inc. (NYSE:PAYC) has announced Viktor Hovland, the No. 4 ranked golfer in the world, as its new brand ambassador. Hovland, a successful golfer with three PGA Tour victories since turning pro in 2019, will wear the Paycom logo during competitions, starting at the 86th Masters in Augusta, Georgia. Paycom, based in Oklahoma City, is a leader in cloud-based human capital management software, offering solutions to manage the employment lifecycle for businesses across various industries. This partnership aims to enhance Paycom's brand visibility and connect with a broader audience.
Paycom Software, Inc. (NYSE:PAYC) has been recognized by Comparably for its outstanding workplace culture, earning awards for Best Company Outlook, Best Marketing Department, and Best Sales Department. Paycom ranked among the nation's top 100 large companies for Best Company Outlook and was the only Oklahoma company in the Best Marketing and Sales Teams categories. The awards, based on employee feedback from March 2021 to March 2022, highlight Paycom's commitment to its people and innovative approach. The company offers diverse employee benefits and emphasizes diversity and inclusion.
Paycom Software, Inc. (NYSE:PAYC) will present at the KeyBanc Capital Markets Emerging Technology Summit on March 8 in San Francisco. The event is scheduled for 1 p.m. Pacific time and a live webcast will be available on investors.paycom.com under the “Events” tab. A replay of the presentation will be accessible for 90 days post-event. Paycom is recognized for its innovative human capital management solutions, allowing businesses to streamline HR processes and manage the entire employee lifecycle.
Paycom Software, Inc. (PAYC) reported a 25.4% increase in full year revenues, totaling $1,055.5 million, with a record annual revenue retention rate of 94%. The GAAP net income reached $196.0 million, or $3.37 per diluted share. Fourth quarter revenues also grew 29.0% year-over-year, amounting to $285.0 million. The company anticipates first quarter revenues between $342 million and $344 million and expects full year revenues of $1.314 billion to $1.316 billion for 2022.
Paycom Software, a leader in cloud-based human capital management, will announce its fourth quarter and full year 2021 results on February 8, after market close. The company will conduct a conference call at 5 p.m. ET the same day to discuss these results, providing investors an opportunity for Q&A. Paycom's software streamlines the entire employment lifecycle, catering to businesses of all sizes across various industries. Its ability to adapt to changing market needs positions it as a prominent player in the HR technology sector.
Paycom Software, Inc. (NYSE:PAYC), a leader in cloud-based human capital management software, will present virtually at the Barclays Global Technology, Media and Telecommunications Conference on December 7 at 3 p.m. Eastern. A live webcast will be available on their investor site, with a replay accessible for 90 days. Paycom's innovative software enables companies to manage the entire employment life cycle, from recruitment to retirement, serving businesses of all sizes across the U.S.
The Oklahoma Sports Hall of Fame announced three finalists for the 2021 Paycom Jim Thorpe Award, recognizing the best defensive back in college football. The finalists are Coby Bryant (University of Cincinnati), Verone McKinley III (University of Oregon), and Jalen Pitre (Baylor University). The award is evaluated based on performance, athletic ability, and character. The winner will be revealed on Dec. 9 during The Home Depot College Football Awards. The Paycom Jim Thorpe Award has been sponsored since May 2017 by Paycom Software.
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