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diff --git a/Finance/Research/Tickers/PAYX.md b/Finance/Research/Tickers/PAYX.md deleted file mode 100644 index d68d252..0000000 --- a/Finance/Research/Tickers/PAYX.md +++ /dev/null @@ -1,52 +0,0 @@ -## 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 - - |