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OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, has enhanced its Ask Here tool, which uses AI to produce answers to employee questions, reducing response times and administrative burdens for organizations. “Paycom is committed to simplifying administrative tasks for our clients and delivering a superior experience for their employees,” said Rachael Gannon, executive vice president.
The Investment Committee give you their top stocks to watch for the second half.
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (“Paycom”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced that the company will present at the Baird Global Consumer, Technology & Services Conference on June 3 in New York City. Event Details: Baird Global Consumer, Technology & Services Conference Date: June 3 Time: 4:20 p.m. (Eastern) Location: New York City A live webcast of the presentation will be available at i.
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, discovered surveyed businesses rely on an average of 6.17 HCM providers to manage the employee life cycle, according to a Forrester Consulting study commissioned by Paycom. Respondents using multiple providers cited problems with data accuracy, which obstructs timely and effective workforce reporting. “Businesses with multiple HR plat.
PAYC shines with innovation, client wins and ROI-focused tools, setting the stage for sustained growth and margin expansion.
I reiterate my buy rating on PAYC as the new sales strategy is driving improved execution, record bookings, and higher client satisfaction. PAYC's international expansion is gaining traction, highlighted by its new Payment Institution license in Ireland, opening doors for European growth. The company boasts a fortress balance sheet with over $500 million in cash and no debt, enabling aggressive investment and strong capital returns.
Business software company Paycom Software, Inc. (PAYC) is seeing heavy Big Money inflows.
Paycom is a top revenue grower in the SaaS HCM industry, compounding sales at 20% annually over five years. Despite a 2023 setback due to Beti's cannibalization, Paycom is poised for growth with a 25% EBITDA margin and 8% projected growth in 2025. Paycom's single-system interface and high client retention rate create a small switching moat in a competitive industry, making it a buy.
PAYC's Q1 results reflect benefits from increased sales momentum, international expansion and artificial intelligence integration in products.
Paycom Software, Inc. (NYSE:PAYC ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants James Samford - Head of IR Chad Richison - President & CEO Craig Boelte - CFO Bob Foster - CFO Conference Call Participants Raimo Lenschow - Barclays Samad Samana - Jefferies Mark Marcon - Baird Steve Enders - Citi Jason Celino - KeyBanc Capital Markets Daniel Jester - BMO Capital Market Jared Levine - TD Cowen Bhavin Shah - Deutsche Bank Phillip Leytes - Mizuho Brian Schwartz - Oppenheimer Operator Good afternoon. My name is Lauren, and I will be your conference operator today.