Paychex, Inc. is a prominent provider of integrated human capital management (HCM) solutions, focusing on payroll, HR, retirement plans, employee benefits, and business insurance services. Founded in 1971 in Rochester, New York, the company aims to simplify payroll processing for small and medium-sized businesses, a sector that was underserved at its inception. The company offers a wide range of services, including payroll processing, payroll tax administration, workers' compensation insurance, and 401(k) plan record-keeping. Paychex also provides HR compliance, benefits administration, and various employee pay options. With approximately 800,000 clients across the U.S. and Europe, Paychex processes payroll for about 1 in 11 U.S. private sector workers, primarily serving small businesses with an average of 14 employees. The company operates over 100 offices nationwide and employs around 7,000 customer support experts and more than 600 HR professionals to deliver flexible support and compliance expertise.