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authornic <ra@afu.re>2025-11-01 20:36:59 -0400
committernic <ra@afu.re>2025-11-01 20:36:59 -0400
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-## Ticker: NASDAQ:PAYX
-### Paychex inc.
-
- fiscal year that ends May 31st
-
-# list all competitors & make basket
-
-# Qualitative
-Provider of human capital management (“HCM”) solutions for human resources (“HR”), payroll, benefits, and insurance
-
-As of May 31, 2023, we served approximately 740,000 payroll and PEO clients. - KPI ?
-
-The key features of our solutions are:
-•Comprehensive cloud-based platform optimized to meet the HR and payroll needs of small- and medium-sized organizations;
-•Streamlined workforce management that combines technology with flexible support options;
-•Modern, mobile, and intuitive user experience and self-service capabilities;
-•Scalable and customizable platform that allows clients the ability to add services as they grow;
-•Software as a service, or “SaaS”, delivery model that reduces total cost of ownership for our clients; and
-•Expertise in HR and payroll with our technology backed by over 250 compliance experts and approximately 700 HR business professionals.
-
-Over 50% of our revenues are gained from our services beyond payroll processing.
-
-
-proactively aid our clients in navigating macroeconomic challenges, legislative changes, and other complexities they face
-
-help customers more effectively hire, engage, train, and retain top talent
-
-HR & compliance
-
-Paychex Flex® platform
-Paychex Flex is our proprietary HCM SaaS platform that provides seamless workforce management
-suite of solutions including recruiting, onboarding, HR, time and attendance and employee benefits. & function-focused analytics
-
-contract with client generally do not containt specified contract period - Client retention should be a good KPI
-For fiscal 2023, client retention was in the range of 82% to 83% of our beginning client base.
-
-Management solutions:
--Payroll processing solutions
--Payroll tax administration solutions
--Employee payment solutions
--Regulatory compliance solutions
--HR solutions
--Retirement solutions administration
--HR administration solutions
-
-
-We have one primary national competitor - Who ?
-
-
-focus on smid business
-
-