Paychex Inc

PAYX: XNAS (USA)

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Paychex Is Executing on Its Paycor Acquisition

Eric Compton

Mar 25, 2026

Business Strategy and Outlook

Paychex is a leader in payroll and human capital management, or HCM, software in the United States. The company, which focuses on servicing small and medium-size businesses, generates revenue from three sources: management solutions, professional employer organization and insurance, and interest income on funds held for clients.

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How we make money

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

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Develop and improve features of our offerings.
Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

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To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

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Paychex Inc

Paychex Is Executing on Its Paycor Acquisition

Business Strategy and Outlook

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