About Paychex
Paychex is a publicly listed company based in New York (United States) founded in 1971. Cloud-based HRMS solutions are delivered for payroll and employee management. The company has 19,000 employees. Paychex has completed 15 acquisitions, including Advance Partners, Alterna Capital Solutions and BeneTrac. Its website paychex.com draws about 12.3 million monthly visits. Its Indian entity Paychex It Solutions India Private Limited reported revenue of ₹261 Cr. Its focus areas include Enterprise Applications, HRTech, HRMS and Suite. Its competitors include Gusto, ADP and Paycor; 2 of its 3 listed competitors have raised funding.
Company details
Paychex was established in 1971 in New York, United States, within the human resources management sector. A cloud-based platform is utilized to deliver HRMS solutions, encompassing payroll processing, employee profiles, tax documentation, retirement balances, and benefits tracking. Operations include onboarding support, employee development tools, HR administration, payroll integration, and compliance assistance, serving businesses across various industries.
- Headquarters New York, United States
- Employees 19,000
- Stage Public
- SectorsTechnology
- Website category Finance · Financial Planning and Management
- Email••••••••
- Website paychex.com
- Social LinkedIn X Facebook
- Legal Name Paychex, Inc.
- Indian entity revenue₹261 Cr
FY 2025 · +31% YoY
- Indian entity net profit₹20.71 Cr
FY 2025 · 8% margin
- Indian entity EBITDA₹38.95 Cr
FY 2025 · 15% margin
- Latest Funding Round$15.8M (USD), Post-IPO
Nov 2018
- Investors
- Employee Count19,000
- Investments & AcquisitionsAdvance Partners
& 14 more
Associated legal entities of Paychex
Paychex is associated with 2 registered companies on The Company Check; the primary company is Paychex It Solutions India Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Paychex It Solutions India Private Limited CIN U62090KA2008FTC048467 | Active | 01 Dec 2008 | Bangalore, Karnataka | ₹261 Cr | 866 | 3 | View details |
| Paychex It Solutions India Private Limited CIN U72200KA2008FTC048467 | Active | 01 Dec 2008 | Bangalore, Karnataka, India | View details |
Apps and channels of Paychex
Paychex publishes 2 mobile apps with over 1M+ downloads.
Funding Insights of Paychex
- Total Rounds 3
- Last Round Post-IPO — $15.8M
- Investors Count 1
All 3 funding rounds of Paychex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2018 | $15.8M | Post-IPO | – | – | |
| Dec 2016 | Post-IPO | – | – | – | |
| Jun 2016 | Post-IPO | – | – | – |
1 investors in total: 1 institutional.
Investors in Paychex
Paychex has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Acadian Asset.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provides systematic asset management and investment strategies for clients worldwide. | 1986 | acadian-asset.com | Boston, United States |
Investor details for Paychex
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Board of directors of Paychex It Solutions India Private Limited (Paychex)
Paychex It Solutions India Private Limited is the primary company behind Paychex. The board of Paychex It Solutions India Private Limited currently have 3 directors; the longest-serving is Vinoy James, appointed in 2018. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vinoy James DIN 08137310 | Whole-time director | 24 Sep 2018 | 8 yrs 1 mo | Paychex It Solutions India Private Limited |
| Liju Jacob John DIN 10496165 | Director | 09 Feb 2024 | 2 yrs 8 mo | Paychex It Solutions India Private Limited |
| Jay Jimenez DIN 11114888 | Additional Director | 21 May 2025 | 1 yr 5 mo | Paychex It Solutions India Private Limited |
People of Paychex
465 people are tracked at Paychex (76 in leadership, 8 in board & advisors, 381 in team); the tracked headcount is 19,000.
| Name | Role | Group |
|---|---|---|
Anna Waldner | Commercial Director / Value Architect | Leadership |
Tom Hammond | VP, Corporate Strategy & Product Management | Leadership |
Seth Parise | National PEO Sales Director | Leadership |
Dave Wilson | VP, Platform & Technology Services | Leadership |
Aimi Nguyen | Head Of GTM Strategy - Small Market / Channel | Leadership |
Frank Fiorille | VP, Risk, Compliance & Data Analytics | Leadership |
Summer Wilson | People Strategy Partner | Leadership |
Brian Fielder | Director Of HCM Strategy And Change Management - Mid-market | Leadership |
Shalini Seshadri | Head Of Human Resources | Leadership |
Reece Quesnel | Group Product Manager (associate Head Of Product) | Leadership |
Glenn Ferretti | Sr Director, Digital Sales | Leadership |
Christine Malvaso | People Strategy Partner | Leadership |
Kristie A. Dierig | Director, Workforce Strategy And Organizational Effectiveness | Leadership |
John Gibson | President & CEO | Leadership |
Michael Majors | VP, HR Services Sales | Leadership |
Ben Rush | Head Of Channels | Leadership |
Lori Weber | Sr. Director Of Virtual Sales | Leadership |
Michelle Karabinas | Assistant To Senior Director Of Virtual Sales | Leadership |
Sara-Kate Debord | Senior Director People Strategy | Leadership |
Kristen Paganin | Manager, People Strategy Partner | Leadership |
445 more people are available in the full profile.
Complete people profiles for Paychex
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IPO & Listings of Paychex
Paychex is a publicly listed company on the NASDAQ with ticker symbol PAYX in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date25 Apr 1983
- Listed onNASDAQ: PAYX
- Listed entityPaychex, Inc.
- Exchange sectorTechnology services
- ISINUS7043261079
- Share price$106.25 (+1.54% on the day) · 2026-10-13
- Market capitalisation$37.82B
- Price to earnings21.1
- EPS (diluted, trailing year)$5.03
- Dividend yield4.34%
- Volume (last session)2,018,463
Financials of Paychex
Figures of Paychex It Solutions India Private Limited, the primary company behind Paychex, for FY 2025. Revenue was ₹261 Cr (+31% year on year). Net profit was ₹20.71 Cr (8% margin). EBITDA was ₹38.95 Cr (15% margin). Revenue has grown at a compounded annual rate of +61% over three years and +57% over five years.
- ₹261 CrRevenue · FY 2025 · +31% YoY
- ₹20.71 CrNet profit · 8% margin
- ₹38.95 CrEBITDA · 15% margin
- ₹1 LakhPaid-up capital
- 866Employees (provident fund records)
- +61%Revenue CAGR, 3 years
- +57%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $6.51B | $1.76B | $3.24B |
| 2024 | $5.57B | $1.66B | $2.58B |
| 2023 | $5.28B | $1.69B | $2.35B |
| 2022 | $5.01B | $1.56B | $2.21B |
| 2021 | $4.61B | $1.39B | $2.03B |
Balance sheet, profit and loss, cash flow and ratios of Paychex It Solutions India Private Limited are on its company page.
Detailed financial statements for Paychex
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Investments & Acquisitions by Paychex
Paychex has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include Advance Partners, Alterna Capital Solutions and BeneTrac.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Automation solutions for legal case management and documents are provided. | sixfifty.com | Lehi, United States | 2016 | Jul 2025 | •••• | |
Cloud-based HRMS platform is provided for small and medium-sized businesses. | paycor.com | Cincinnati, United States | 1990 | Jan 2025 | $4.1B | |
Working capital loans provider | alternacs.com | Orlando, United States | 2018 | Oct 2023 | •••• | |
Provider of SaaS platform for employee benefits management | helloflock.com | San Francisco, United States | 2015 | Oct 2021 | •••• | |
Full suite HR services are provided to businesses. | oasisadvantage.com | West Palm Beach, United States | 1996 | Dec 2018 | $1.2B | |
Leasing operations are conducted in Denmark since 1972. | lessor.dk | Allerod, Denmark | 1972 | Feb 2018 | •••• | |
HR outsourcing services are provided to businesses by HROi. | hroi.com | Lawrenceville, United States | 2001 | Aug 2017 | •••• | |
Working capital loans are provided to businesses by Advance Partners. | advancepartners.com | Cleveland, United States | 1998 | Dec 2015 | •••• | |
Attendance management software is provided for employee time tracking. | nettimesolutions.com | Scottsdale, United States | 1995 | Jun 2014 | •••• | |
IT service suite solutions are provided by ISG Technologies. | isgtechnologies.com | Dallas, United States | 1995 | Apr 2014 | •••• |
Complete acquisition details for Paychex
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Timeline of Paychex
14 dated milestones of Paychex across 54 years, from founding to its latest funding, stage changes and deals.
- Founded Paychex is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires ISG Technologies.
- Acquisition Acquires Nettime solutions.
- Acquisition Acquires Advance Partners.
- Funding First funding round.
- Acquisition Acquires HROi.
- Acquisition Acquires Lessor.
- Funding Latest funding round, Post-IPO, of $15.8M.
- Acquisition Acquires Paychex HR.
- Acquisition Acquires HelloFlock.
- Acquisition Acquires Alterna Capital Solutions.
- Acquisition Acquires Paycor.
- Acquisition Acquires SixFifty.
Competitors of Paychex
Paychex has 3 listed competitors in our database, 2 of them funded. They include Gusto, ADP and Paycor.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gusto.com | 2012 | San Francisco, United States | $718.35M | 5,876 | Cloud-based HR and payroll solutions are offered for small businesses. | |
| adp.com | 1949 | Roseland, United States | 44 | Cloud-based HR management solutions are offered for payroll and compliance. | ||
| paycor.com | 1990 | Cincinnati, United States | $449.89M | 584 | Cloud-based HRMS platform is provided for small and medium-sized businesses. |
Detailed competitors of Paychex
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Web traffic of Paychex
The website of Paychex (paychex.com) receives about 12.3M visits a month and ranks #3,556 among all websites worldwide, #224 in Financial Planning and Management.
- Monthly visits12.3M
▲ 7.5% vs previous month
- Unique visitors1.6M
per month
- Global rank#3,556
among all websites
- Category rank#224
Finance · Financial Planning and Management
- Bounce rate15%
- Pages per visit9.5
- Average visit12 min 45 sec
- DevicesDesktop 81% · Mobile 19%
Websites whose visitors overlap most with Paychex. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| adp.com | 100% | 99.2M | #460 | View details | |
| surepayroll.com | 92% | 933.8K | #32,814 | View details | |
| smartasset.com | 72% | 7.2M | #8,499 | View details | |
intacct.com | intacct.com | 72% | #20,615 | – | |
| paycheckmanager.com | 72% | #468,622 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Paychex
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Top companies in HR & Workforce Technology
3 companies that operate in the same segment as Paychex (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
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Related news about Paychex
Complete news archive for Paychex
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Frequently Asked Questions about Paychex
Paychex was founded in 1971 and raised its 1st funding round 45 years after it was founded.
Paychex is headquartered in New York, United States. It is registered at New York, New York, United States.
Paychex has 19,000 employees.
The primary company behind Paychex, Paychex It Solutions India Private Limited, reported revenue of ₹261 Cr for FY 2025, up 31% year on year.
Paychex was established in 1971 in New York, United States, within the human resources management sector. A cloud-based platform is utilized to deliver HRMS solutions, encompassing payroll processing, employee profiles, tax documentation, retirement balances, and benefits tracking. Operations include onboarding support, employee development tools, HR administration, payroll integration, and compliance assistance, serving businesses across various industries.
Yes, Paychex is publicly traded on NASDAQ under the ticker symbol PAYX.
Paychex has made 15 acquisitions, including Advance Partners, Alterna Capital Solutions, and BeneTrac.
Paychex has 1 investor. Key investors include Acadian Asset.
Paychex operates through Paychex It Solutions India Private Limited.
The legal entities of Paychex currently have 3 directors, including Vinoy James, Liju Jacob John, Jay Jimenez.
Yes. Paychex publishes Paychex Flex and 1 more app, with over 1 million downloads.