Paychex

Paychex, Inc. is an American company that provides human resource, payroll, and benefits outsourcing services for small to medium-sized businesses. Founded in 1971 by Tom Golisano, the company is headquartered in Rochester, New York. Paychex offers a wide range of solutions designed to simplify the complexities of managing employees, including payroll processing, tax administration, HR administration, and benefits administration.

The company serves over 650,000 businesses across the United States and Europe. Its services are delivered through a combination of technology and human expertise. Clients can access payroll and HR data through online portals and mobile applications, while also having dedicated support from Paychex specialists. Paychex's offerings include assistance with onboarding new employees, managing time and attendance, administering retirement plans, and ensuring compliance with labor laws and regulations.

Paychex operates on a business-to-business model, focusing on supporting other companies rather than individual consumers. Their goal is to allow business owners to focus on core operations by outsourcing essential but time-consuming HR and payroll functions. The company has grown through both organic expansion and strategic acquisitions. Paychex is a publicly traded company, listed on the Nasdaq stock exchange under the ticker symbol PAYX.