About
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.
Products
7Paychex provides accounting and finance services to help businesses manage their financial operations efficiently.
Paychex offers various business insurance options, including workers' compensation, to protect businesses and their employees.
Paychex provides HR compliance services to help businesses navigate complex regulations and maintain compliance.
Paychex offers comprehensive health and employee benefits administration, helping businesses provide competitive packages to their workforce.
Payroll Services Enter and run payroll online in as few as two clicks. Award-winning, 24/7 U.S. based customer support and flexible services. Calculate, file, and pay payroll taxes accurately and effortlessly. 200+ compliance experts monitoring ever-changing laws and regulations. Paychex pays at least 1 in 12 U.S. private sector employees.
Paychex provides retirement plan solutions, including 401(k) plans, to help employees save for the future.
Paychex provides time and attendance solutions to help businesses track employee hours, manage schedules, and ensure compliance.
What changed
- New productBusiness Insurance added to the catalog
- New productRetirement Services added to the catalog
- New productHealth & Benefits added to the catalog
- New productTime & Attendance added to the catalog
Recent News
CPO Rising Series: Paychex CPO on Reimagining The User Experience With AI
This article provides insights from Paychex's CPO on their AI strategy and how it's reimagining user experience, which is valuable for MSPs understanding the future direction and capabilities of Paychex solutions they might support or recommend.
Read moreWISE at Work: Early Results Show Paychex AI Is Reducing Payroll Errors and Improving Service Efficiency at Scale
Paychex shared early results from its WISE AI, demonstrating its ability to prevent payroll errors and enhance service efficiency for over 50,000 businesses, which is relevant for MSPs managing client payroll or recommending efficient solutions.
Read morePaychex Expands Award-Winning Lifestyle Benefits to 2M+ Employees on the Paycor® Platform
Paychex is expanding its comprehensive lifestyle benefits to Paycor clients through the launch of Paycor Perks, potentially creating new service opportunities or integration considerations for MSPs supporting clients on these platforms.
Read morePaychex Expands WISE to Deliver Workforce Intelligence Across Business Tools
Paychex announced that WISE, its AI-powered intelligence engine, is now available within Microsoft 365 Copilot and Teams, a significant integration for MSPs managing client M365 environments.
Read moreCorporate America may be using AI to cut jobs, but small businesses are using it to keep them
This article discusses how small businesses are leveraging AI, offering valuable industry insights for MSPs on client technology adoption and potential service opportunities related to AI implementation.
Read moreFounded
1971
Employees
17k+
Industry
Human Resources
Headquarters
Rochester, New York, United States
Focus Areas