What is Paycom?
Single-database payroll and HCM software centered on employee self-service.
- Category
- Human capital management software
- Headquarters
- Oklahoma City, OK
- Founded
- 1998
- Employees
- Approximately 7,300
- Revenue
- $2.052B FY2025 revenue; Q1 2026 revenue $571.9M
- Status
- Public company (NYSE: PAYC)
What is Paycom?
Paycom is a human capital management software company with $2.052B FY2025 revenue; Q1 2026 revenue $571.9M. Its current status is Public company (NYSE: PAYC).
Paycom is a human capital management software company headquartered in Oklahoma City, OK. Paycom provides payroll, HR, talent, time, benefits, and employee-driven payroll workflows on a single database for U.S. employers. As of June 2026, the most useful scale markers are $2.052B FY2025 revenue; Q1 2026 revenue $571.9M, Approximately 7,300 employees, and status as Public company (NYSE: PAYC).
Its product surface includes Payroll, Beti, Time and Labor, Talent Acquisition, HR Management, and the buyer is usually a functional operating team rather than a single software administrator. Large and mid-market employers; customer count not emphasized in recent releases. For sellers, the account should be mapped by workflow: product owners, finance, security, procurement, IT, and the executive sponsor will care about different parts of the platform and business case.
What does Paycom offer?
Paycom's main offerings include Payroll, Beti, Time and Labor, Talent Acquisition, HR Management, Benefits Administration.
- Payroll· Core
- Beti· Core
- Time and Labor· Adjacent
- Talent Acquisition· Adjacent
- HR Management· Adjacent
- Benefits Administration· Adjacent
- Expense Management· Adjacent
How does Paycom make money?
Paycom monetizes through recurring HCM software subscriptions, implementation and service fees, and related payroll processing economics.
Paycom makes money from recurring HCM software subscriptions, implementation and service fees, and related payroll processing economics. Growth is driven by new customers, expansion into more modules, usage or seat growth, retention, and the company's ability to prove measurable workflow ROI.
Paycom does not publish list pricing; quotes are typically based on employee count, modules, payroll complexity, implementation scope, and service needs. Public pricing, where available, is only the entry point; larger customers usually negotiate around volume, service levels, implementation, security, data, and renewal terms.
For sales teams, that means discovery should connect to a revenue or cost line the company already manages: attach rate, workflow automation, compliance risk, support burden, cloud cost, data quality, productivity, or customer retention.
Who leads Paycom?
Paycom is led by Chad Richison, with finance, product, technology, and operating leaders supporting the company.
- Chad RichisonFounder, Chairman, President and CEOFounder since 1998; CEO since foundingSets product vision around single-database HCM and employee usage.
- Craig BoelteChief Financial OfficerCFO since 2006Leads finance, investor communications, and capital allocation.
- Brad SmithChief Information OfficerExecutive leadershipTechnology executive associated with infrastructure, security, and internal systems.
- Jason ClarkChief Administrative OfficerExecutive leadershipOperating leader for administrative and people processes.
How do you contact Paycom's leadership?
Paycom publishes official routing contacts; personal executive emails are not treated as verified unless published by the company.
Official routing: investors@paycomonline.com; personal executive format not verifiedHow much funding has Paycom raised?
Paycom's current capital status is Public company; IPO in 2014; latest valuation/status is Public market capitalization varies.
Paycom's capital history is best understood through public-market or acquisition events rather than a current private venture-round ladder. The current status is Public company (NYSE: PAYC); the latest scale marker is $2.052B FY2025 revenue; Q1 2026 revenue $571.9M; and the valuation/status signal is Public market capitalization varies.
Major capital milestones include: 2014 IPO (Paycom becomes a public software company; capital analysis shifts from private funding to public filings.) 2025 FY2025 annual results ($2.052 billion revenue and high recurring mix establish current scale.) 2026 Public operating update (Q1 2026 revenue of $571.9 million shows ongoing growth from the public base.) This profile does not invent private valuations where the relevant current signal is public trading, a completed take-private, or a strategic acquisition.
For sellers, funding status is a procurement signal. Public or newly private software companies can have meaningful budgets, but larger purchases still require a sponsor, security review, procurement process, finance approval, and a business case tied to an active operating priority.
How did Paycom get here?
Paycom's path runs through founding, platform expansion, public-market or transaction milestones, and current operating scale.
- 1998FoundedChad Richison founds Paycom in Oklahoma City.
- 2014IPOPaycom completes its IPO and lists on NYSE under PAYC.
- 2021Beti launchPaycom launches Beti, positioning payroll accuracy and employee self-service as product differentiators.
- 2024Automation focusThe company emphasizes automated payroll and employee usage as a growth lever.
- 2025FY2025 scalePaycom reports $2.052 billion of total revenue.
- 2026Q1 updatePaycom reports $571.9 million of Q1 2026 revenue.
Who are Paycom's competitors?
Paycom competes with focused category vendors, suite incumbents, and workflow platforms that overlap with its buyer surface.
- PaylocityClosest mid-market payroll/HCM peer with broad HR and employee-experience modules.
- ADPScale incumbent across payroll, HR outsourcing, and enterprise HCM.
- PaychexPayroll and HR provider with broad SMB coverage and advisory services.
- DayforceGlobal HCM platform with payroll, workforce, and talent management.
- UKGHCM and workforce-management suite with enterprise scheduling depth.
- WorkdayEnterprise HCM and finance platform with larger-suite buying committees.
Paycom — frequently asked questions
