Paycom Software Inc (PAYC) Financial

Paycom Software, Inc. engages in the provision of cloud-based human capital management software solutions delivered as software-as-a-service. The company is headquartered in Oklahoma City, Oklahoma and currently employs 5,770 full-time employees. The company went IPO on 2014-04-15. The firm provides functionality and data analytics that businesses need to manage the complete employment lifecycle, from recruitment to retirement. Its solution requires virtually no customization and is based on a core system of record maintained in a single database for all HCM functions, including talent acquisition, time and labor management, payroll, talent management and human resources (HR) management applications. The firm's applications streamline client processes and provide clients and their employees with the ability to directly access and manage administrative processes, including applications that identify candidates, on-board employees, manage time and labor, administer payroll deductions and benefits, manage performance, terminate employees and administer post-termination health benefits, such as COBRA.