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✓ Verified profile · 2026-08-22

Paychex

Paychex, Inc. (NASDAQ: PAYX) provides integrated HCM software and services — payroll, HR, benefits, insurance, retirement and PEO/HR outsourcing — primarily for small and mid-sized businesses, delivered through its cloud platform Paychex Flex. In April 2025 Paychex completed its acquisition of Paycor HCM in an all-cash deal valued at roughly $4.1 billion.

4.1/5· 1,600+ G2 reviews
Rochester, New York; Cincinnati, OhioFounded 197110000+ employees500 open roles →
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Legal namePaychex
Founded1971
FoundersTom Golisano
HQRochester, New York; Cincinnati, Ohio
Employees10000+
ListedPAYX

Decision snapshot

Facts, vendor evidence and marketplace signals are labeled separately · verified 2026-08-22
Best for

Small and mid-sized businesses wanting bundled payroll, HR and benefits or PEO with dedicated service representatives.

Strong when

Reliable full-service payroll, automated tax compliance and HR outsourcing or PEO are priorities.

Validate before buying

Reviewers frequently cite annual price increases, expiring discounts and per-payroll billing that can be cost-prohibitive for very small firms.

PricingCustom-quote for most tiers; the entry Paychex Flex Essentials plan is publicly listed.
Implementation referenceOnboarding with dedicated account and service representatives.
FY2025 revenue$5.6B

Total revenue for fiscal year ended May 31, 2025, up 6%

Paychex Q4 and full-year 2025 results
Clients745,000+

In the U.S. and Europe

Paychex at a glance (clients)
PEO/ASO worksite employees~2.46M

HR outsourcing client worksite employees (FY2025 10-K)

Paychex FY2025 Form 10-K
Retirement plans~124,000

Retirement plans administered

Paychex FY2025 Form 10-K

Who should evaluate Paychex?

Employee size

Small businessMid-marketEnterprise (via HR services and PEO)

Operating context

Cross-industryProfessional servicesMedical and dental practicesConstruction and tradesRestaurantsNonprofit

Regions

United StatesParts of Europe

Primary use cases

Payroll and tax filingHR administration and outsourcingBenefits and PEOTime and attendance401(k) and retirementBusiness insurance

Product portfolio

A portfolio vendor — compare the product and package that matches your workforce, not the company name alone.

SMB to mid-market

Paychex Flex (payroll)

Cloud payroll processing with tax administration and employee self-service.

Multi-frequency payrollAutomated tax filingDirect deposit and pay optionsEmployee self-serviceMobile app
Paychex integrations
SMBs lacking in-house HR

HR services and outsourcing (ASO)

HR administration and compliance support with a dedicated HR professional.

Dedicated HR professionalCompliance guidanceEmployee handbookHR analytics
Paychex FY2025 Form 10-K
Growing SMBs

Benefits and PEO

Co-employment PEO and benefits administration with group health benefits.

Group health benefitsPEO worksite employee supportDedicated HR professionalCompliance in complex states
Paychex customer story: Plumbing M.D.
All clients

Retirement, time and insurance

401(k)/retirement administration, time and attendance and business insurance agency services.

401(k) recordkeepingRetirement administrationTime and attendanceInsurance agency services
Paychex FY2025 Form 10-K

Core capabilities

Payroll and tax filingHR management and outsourcingPEOBenefits administrationTime and attendanceRetirement / 401(k)InsuranceEmployee self-service and mobileComplianceIntegrations and API

Where Paychex is strong

Reliable full-service payroll

Full-service payroll and automated tax compliance are core strengths cited by reviewers.

G2: Paychex reviews

Dedicated service model

SMB users praise dedicated account and service representatives.

G2: Paychex reviews

Broad bundled portfolio

Payroll, HR, benefits, PEO, retirement and insurance are bundled, and the Paycor acquisition broadened the HCM portfolio.

Paychex completes Paycor acquisition

What buyers should validate

Recurring pricing complaints

Reviewers cite annual increases, expiring discounts and unclear fees.

G2: Paychex reviews

Per-payroll billing

Per-payroll billing can add up and be cost-prohibitive for very small firms.

G2: Paychex reviews

Commercial & implementation

Pricing modelCustom-quote; Paychex Flex Essentials publicly listed (~$39/month + $5 per employee)Paychex pricing overview (third-party)
Public companyNASDAQ: PAYXPaychex Q4 and full-year 2025 results

Integrations

Paychex Marketplace and integrations

Connects with accounting, POS and productivity tools (e.g., Xero, Sage Intacct, NetSuite) via a marketplace of partner apps.

Paychex integrations

Developer program and APIs

The Paychex Developer Program provides public APIs and a getting-started toolkit.

Paychex integrations

Security & compliance

ISO 27001 and NIST

Paychex is ISO/IEC 27001 certified (BSI certificate IS 801702) and aligns its program to the NIST Cybersecurity Framework, HIPAA, NACHA and PCI requirements.

Paychex security and certifications

Customer evidence

Outcomes reported in the vendor's customer stories — treat as vendor-supplied case-study evidence.

Plumbing M.D.

PEO for California compliance

Facing complex California labor laws, the business adopted Paychex PEO with a dedicated HR professional.

Vendor case study reports a consistent HR and compliance approach that freed the owners to focus on growth.Paychex customer story: Plumbing M.D.
Paychex client base (aggregate)

Published customer evidence

Paychex publishes dozens of case studies and hundreds of testimonials across its client pages.

Vendor-reported; outcomes vary by client and engagement.Paychex clients and case studies

Common alternatives

A shortlist starting point; the right comparison depends on size, geography and the exact product.

Methodology

Company facts, product claims, customer evidence and independent marketplace signals are separated. Time-sensitive data is a dated snapshot. Review all sources →

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Latest Paychex coverage

View all →
Oct 13, 2026In First Major Release Since PayChex Acquisition, SixFifty Launches Agentic HR Compliance Feature - LawSites

SixFifty has launched an agentic HR compliance feature — its first major product release since being acquired by Paychex — according to LawSites, marking a concrete move by the payroll and HCM giant to embed autonomous AI into employment compliance workflows.

Oct 13, 2026SixFifty, a Paychex Company, Launches Agentic HR Compliance Specialist - Yahoo Finance

SixFifty, the legal-tech subsidiary of Paychex, has launched what it calls an Agentic HR Compliance Specialist — an autonomous AI agent designed to handle HR compliance tasks, according to Yahoo Finance. The move signals a major payroll and HCM incumbent pushing agentic AI into compliance workflows, a space HR buyers are watching closely for both efficiency gains and governance risk.

Sep 26, 2026Is Paychex (PAYX) Ready To Stand Out With Its New AI Hiring Tool? - simplywall.st

Paychex has reportedly launched a new AI-powered hiring tool, positioning the payroll and HCM giant to compete more directly in the AI recruiting space, according to Simply Wall St. HR-tech buyers evaluating AI hiring solutions should note the move by one of the market's larger incumbent HCM vendors.

Sep 23, 2026Paychex Q1 FY2027: Revenue Up 6% to $1.63B, Net Income Up 12%

Paychex reported first-quarter fiscal 2027 results (quarter ended Aug 31, 2026): total revenue of $1.63 billion, up 6% year-over-year, with net income up 12% to $429.7M and adjusted diluted EPS of $1.34 (+10%). Management Solutions grew 4% to $1,213.1M and PEO & Insurance Solutions grew 12% to $367.

Sep 23, 2026Paychex Launches WISE Hire, an Agentic AI Recruiting Platform

Paychex has introduced WISE Hire, an AI-native, agentic recruiting solution it says helps businesses hire qualified talent about 4x faster. WISE Hire uses AI agents for candidate sourcing, recruiting and hiring coaching — tapping channels like Google for Jobs, Meta's local jobs marketplace and ChatG

Sep 23, 2026Paychex Launches WISE Hire, Bringing Agentic AI to Recruiting

Paychex's new WISE Hire uses AI agents to source and screen candidates — via Google for Jobs, Meta and ChatGPT — and claims 4x faster hiring, with humans keeping the final say.

Sources & verification

Verified 2026-08-22. Source type is shown so buyers can distinguish official, regulatory, marketplace and legacy evidence.

  1. officialPaychex completes Paycor acquisition
  2. officialPaychex security and certifications
  3. officialPaychex integrations
  4. officialPaychex clients and case studies
  5. officialPaychex customer story: Plumbing M.D.
  6. officialPaychex at a glance (clients)
  7. regulatoryPaychex FY2025 Form 10-K
  8. regulatoryPaychex Q4 and full-year 2025 results
  9. reportingPaychex pricing overview (third-party)
  10. marketplaceG2: Paychex reviews
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Leadership

founders · executives

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Independent vendor-stability signals for Paychex — fundamentals or funding runway, hiring and coverage momentum, market presence and leadership changes — built only from primary sources and versioned rules.

Paychex — frequently asked questions

What does Paychex do?

Paychex, Inc. (NASDAQ: PAYX) provides integrated HCM software and services — payroll, HR, benefits, insurance, retirement and PEO/HR outsourcing — primarily for small and mid-sized businesses, delivered through its cloud platform Paychex Flex. In April 2025 Paychex completed its acquisition of Paycor HCM in an all-cas…

Where is Paychex headquartered?

Paychex is headquartered in Rochester, New York; Cincinnati, Ohio, United States.

When was Paychex founded?

Paychex was founded in 1971.

Who founded Paychex?

Paychex was founded by Tom Golisano.

Who is the CEO of Paychex?

John Gibson leads Paychex as CEO.

Is Paychex publicly traded?

Yes — Paychex is publicly listed (PAYX).

How many employees does Paychex have?

Paychex has 10000+ employees.

What kind of HR technology is Paychex?

Paychex is categorized under Payroll, HCM, PEO(Professional Employer Organization) on DHRMap.

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About this listing. DHRMap is an independent directory: profiles are compiled from public sources and the company's own website at the time of listing. Companies, products, ownership and pricing change quickly, so we cannot guarantee that this profile is complete, accurate or current — please confirm details with Paychex before relying on them. A listing is not an endorsement.

DHRmap 2026 overview
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The full DHRmap — 760+ vendors · 54 categories — in high resolution. Enter your work email and we'll send you a personal download link, plus each new quarterly edition.