Paychex is a human capital management (HCM) company providing a full suite of technology and advisory solutions encompassing human resources, payroll processing, employee benefits, and insurance. As of May 31, 2025, it served approximately 800,000 clients and their employees across the United States and parts of Europe. In April 2025, Paychex completed the acquisition of Paycor HCM, Inc., a leading HCM and payroll software provider, to expand its upmarket capabilities and AI-driven HCM offerings.
The company delivers its solutions primarily through cloud-based SaaS platforms supported by approximately 250 compliance experts and over 650 HR business professionals. Over 50% of revenues derive from solutions other than payroll processing. Paychex markets through a combination of direct and virtual sales forces alongside digital and multi-channel initiatives, with scalable platforms designed to integrate with popular HR, ERP, and accounting applications for clients ranging from small businesses to large enterprises. Incorporated in Delaware in 1979, its corporate headquarters are in Rochester, New York.
Management Solutions 77% · Peo And Insurance Solutions 23%
product & service · FY2026 (ended May 2026) · share of tagged segment revenue (10-K XBRL, as filed)