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Stock impact report

New Study Proves Significant ROI from Paycom's Full-Solution Automation [Yahoo! Finance]

Paycom Software, Inc. (PAYC) 
Last paycom software, inc. earnings: 4/28 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
capital management software, today announced new findings from a Nucleus Research study highlighting the substantial value gained by organizations using Paycom's full-solution automation. Among the organizations interviewed, primary benefits included avoided costs and increased productivity stemming from greater data visibility, the retirement of old systems and increased automation. According to the study commissioned by Paycom, organizations experienced overall HCM productivity gains up to 64%, with typical benefits stemming from automated processes such as payroll processing and onboarding. In addition to these productivity gains, a technology company also reported an 80% decrease in payroll processing time. "Paycom's full-solution automation and decision logic continue to prove their value for organizations of all sizes," said Chad Richison, founder and CEO of Paycom. "Thanks to our single-database architecture, we are able to automate and apply decision logic across our solut Show less Read more
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