Annuncio • Apr 22
Paycom Software, Inc. to Report Q1, 2026 Results on May 06, 2026 Paycom Software, Inc. announced that they will report Q1, 2026 results at 4:00 PM, Eastern Standard Time on May 06, 2026 Annuncio • Apr 04
Paycom Software, Inc., Annual General Meeting, May 04, 2026 Paycom Software, Inc., Annual General Meeting, May 04, 2026. Location: gaillardia, 5300 gaillardia boulevard, oklahoma city 73142, oklahoma United States Annuncio • Mar 11
Paycom Software, Inc. Announces Launch of Career and Succession Planning Tool Paycom Software, Inc. announced the launch of Career and Succession Planning, an automated tool to easily identify successors for companywide roles, assess bench strength and ensure talent management and development. Career and Succession Planning seamlessly syncs with employee, performance and learning data in Paycom’s single database, giving leaders real-time visibility into successor readiness and bench strength to confidently plan for the future. Key features include a unified visual dashboard, actionable analytics, 9-box talent mapping, side-by-side talent comparisons, talent profiles search and automated match scoring to help ensure consistent decisioning criteria across the organization. The tool automatically populates employee data to help organizations track key positions, assign successors and compare talent. The talent matching tool looks at variables including tenure, technical skills, leadership competencies, performance ratings and other workforce indicators, eliminating guesswork and outdated data. Annuncio • Feb 20
Paycom Software, Inc. Appoints Shane Hadlock as President, Effective from February 18, 2026 On February 18, 2026, the Board of Directors of Paycom Software, Inc. appointed Shane Hadlock, as President of the Company, effective from February 18, 2026. Mr. Hadlock's new title is President and Chief Client Officer, and he will perform the functions of the Company's sole principal operating officer. Randy Peck, the Company's Chief Operating Officer, will report to Mr. Hadlock. Chad Richison will continue to serve as the Company's Chief Executive Officer and Chairman of the Board. Prior to his promotion, Mr. Hadlock, 51, had served as the Company's Chief Client Officer from October 2024 to August 2025 and as Chief Client Officer and Chief Technology Officer from August 2025 to February 2026. He works with groups across the Company, including operations, implementation and IT, and has more than 30 years of technology experience, including nearly 14 years at the Company. Mr. Hadlock served as the Company's Executive Vice President of Information Technology and Information Security from May 2018 to October 2024, following six years as the Company's Director of IT. Before joining Paycom, Hadlock served in multiple leadership roles at Hertz over a 10-year tenure, gaining extensive expertise in enterprise systems, operational transformation and customer-centric technology strategy. He earned his bachelor's degree in computer science and a Master of Business Administration at the University of Central Oklahoma. Annuncio • Feb 12
Paycom Software, Inc. Provides Financial Guidance for the Year Ending December 31, 2026 Paycom Software, Inc. provided financial guidance for the year ending December 31, 2026. Total revenue in the range of $2.175 billion to $2.195 billion, representing year-over-year growth between 6% and 7%. Recurring and other revenue growth between 7% and 8% year over year. Annuncio • Feb 11
Paycom Software, Inc. Announces Quarterly Cash Dividend, payable on March 23, 2026 Paycom Software, Inc. announced that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on March 23, 2026, to all stockholders of record as of the close of business on March 9, 2026. Annuncio • Jan 24
Paycom Software, Inc. Announces Executive Changes Paycom Software, Inc. announced that Jeff York is returning to serve as chief sales officer (CSO), effective January 23, 2026. York previously served as CSO at Paycom from 2007 to 2021 and has since been serving as Paycom’s Leadership Strategist. York has more than three decades of sales experience and has held a variety of sales management positions where he has hired and developed many decorated executives. Under York’s leadership, Paycom’s sales force was named one of the 50 Best Companies to Sell For in the U.S., and his sales organization propelled Paycom to be named one of Fortune magazine’s 100 Fastest-Growing Companies for four consecutive years. Amy Walker, the outgoing Chief Sales Officer, is transitioning from Paycom’s CSO to a consulting role for the company. Annuncio • Jan 22
Paycom Software, Inc. to Report Q4, 2025 Results on Feb 11, 2026 Paycom Software, Inc. announced that they will report Q4, 2025 results at 4:00 PM, Eastern Standard Time on Feb 11, 2026 Annuncio • Nov 04
Paycom Software, Inc. Announces Quarterly Cash Dividend, Payable on December 8, 2025 Paycom Software, Inc. announced that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on December 8, 2025, to all stockholders of record as of the close of business on November 24, 2025. Annuncio • Oct 16
Paycom Software, Inc. to Report Q3, 2025 Results on Nov 05, 2025 Paycom Software, Inc. announced that they will report Q3, 2025 results After-Market on Nov 05, 2025 Annuncio • Oct 15
Paycom Software, Inc. Releases Updates to Its Usage Management Analytics Tool, Direct Data Exchange Paycom Software, Inc. released updates to its usage management analytics tool, Direct Data Exchange®?, based on an updated report from professional services firm EY, estimating the labor and nonlabor costs of common HR tasks. According to EY, the average cost of manual data entry by an HR professional reached $4.86per instance in 2025, up from an average of $4.78 in 2023. Additionally, the cost per HR task has continued to rise across all HR categories, including expense management, onboarding, benefits enrollment, time management and more, since the survey was first conducted in 2018. Paycom uses EY's data to measure costs for manual data entry and HR tasks in Direct Data Exchange. Direct Data Exchange provides an overview of how employees use the self-service side of Paycom's software, highlighting the savings companies achieve through employee usage and adoption of automated HR processes. With EY's inclusion of new HR tasks in its 2025 study, Direct Data Exchange can now account for the potential cost savings of Paycom's new command-driven AI engine, I want. I want offers an easy and automated way to find employee information, eliminating the need to navigate through the software. Without I want, HR or managers searching for information about their employees results in an estimated labor cost of $11.75 per instance, primarily due to the time required to locate the correct information. EY's cost estimates vary for each manual task, reaching as high as $23.27 per instance of manually obtaining information to compare benefit plans. The report indicates that labor costs continue to account for nearly all the total costs associated with manual HR tasks, suggesting that automating these tasks could lead to significant financial savings. Direct Data Exchange helped identify $5 million in savings for The Kraft Group, parent company of the New England Patriots, through its use of Paycom. The client credits its smooth and superior user experience to Paycom's comprehensive automation. EY routinely updates its report by conducting additional surveys and applying inflation factors to its data. The HR task with the largest increase in estimated cost since EY's 2023 report was manual payroll creation, which rose by $5.73 to a total of $20.83 per instance. When EY factored in manual payroll tasks, the report's overall average cost per data entry increased from $4.86 to $5.68, up from $5.35 in 2023. Paycom's industry-first payroll tool, Beti®?, automates the process. It self-starts each pay period by pulling live data, identifying errors and then guiding employees to resolve them before submission, ensuring accuracy every payday. This tool reduced labor costs for payroll processing by 90% and saved HR and accounting teams over 2,600 hours annually. Annuncio • Sep 19
Paycom Software, Inc. Announces Board and Committee Changes, Effective September 30, 2025 Paycom Software, Inc. announced that on September 16, 2025, Felicia Williams notified the Board of Directors the company of her retirement from the Board and all committees thereof, effective September 30, 2025. Effective as of Ms. Williams’s retirement, the size of the Board will be reduced from eight to seven directors. Ms. Williams’s retirement is not in connection with any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Frederick C. Peters II will replace Ms. Williams as the chairperson of the audit committee of the Board, effective as of Ms. Williams’s retirement. Annuncio • Aug 19
Paycom Software, Inc. Announces Executive Appointments, Effective August 18, 2025 Paycom Software, Inc. announced the expanded role of Shane Hadlock as it’s chief client officer and chief technology officer and the promotion of Rachael Gannon to chief automation officer, effective August 18, 2025. Brad Smith has been named the company’s senior technical strategist and will continue reporting to CEO Chad Richison. As chief technology officer, Hadlock will oversee it’s IT department, while maintaining his chief client officer role and leadership of Paycom’s client service groups. Hadlock has more than 30 years of technology experience. Prior to being named chief client officer, he led multiple IT functions at Paycom for nearly 14 years, including the role of executive vice president of Information Technology and Information Security for six years. Before joining Paycom, he served for 10 years in a number of leadership roles at Hertz. Gannon joined the company in 2013 and stepped in to lead the Product department in 2023. Most recently, she served as executive vice president of Product and Development. As chief automation officer, Gannon will lead the Software department and be responsible for driving Paycom's overall product strategy, working closely with cross-functional teams to deliver innovative solutions that drive even more client value and return on investment. She has served in various roles at Paycom, including as executive vice president of Product and several product management leadership roles after being a key member of Paycom’s service department. Smith joined Paycom in 2005, holding roles as director of Software Development and director of Information Technology before being named chief information officer in 2018. Under his leadership, Paycom’s technology has grown exponentially, and Smith has been instrumental in implementing scalable solutions. Annuncio • Aug 07
Paycom Software, Inc. Provides Earnings Guidance for the Year Ending December 31, 2025 Paycom Software, Inc. provided earnings guidance for the year ending December 31, 2025. For the year, the company expects total revenues in the range of $2.045 billion to $2.055 billion, representing year-over-year growth of approximately 9% at the midpoint. Recurring and other revenue growth of approximately 10% year over year. Annuncio • Aug 05
Paycom Software, Inc. Declares Quarterly Cash Dividend, Payable on September 8, 2025 Paycom Software, Inc. announced that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on Sept. 8, 2025, to all stockholders of record as of the close of business on Aug. 25, 2025. Annuncio • Jul 30
Paycom Software, Inc. Unveils IWant: Command-Driven Ai Engine with Accurate, Rapid Results Paycom Software, Inc. announced the launch of I want, the industry's first command-driven AI engine that revolutionizes the way all users navigate and access their information within a single database. Users can prompt I want by utilizing voice-to-text functionality or by simply typing a question, and the AI engine immediately provides the answer or directs them to the appropriate location to interact with their information. I want is designed to return results that will always be accurate because it pulls from employee data entered into Paycom's single database, not from multiple sources. This eliminates issues created by duplicate or inconsistent data. With I want, Paycom users gain an easy, automated avenue for seeking information about employee data without having to navigate through the software. For employees: I want assists employees with fast answers about their employee data, including time-off balances, 401(k) contribution percentages, schedules, tax withholdings, paycheck amounts, pay history, benefits and more. For HR, C-suite and managers: I want supports HR teams and makes an organization's leaders smarter by providing instant employee information about coverage thresholds, time-off schedules, overdue trainings, pay changes, who's clocked in for the day, time-off requests, salary information, employment history, performance reviews and more. Annuncio • Jul 17
Paycom Software, Inc. to Report Q2, 2025 Results on Aug 06, 2025 Paycom Software, Inc. announced that they will report Q2, 2025 results at 4:00 PM, Eastern Standard Time on Aug 06, 2025 Annuncio • May 28
Paycom Software, Inc.'s AI-Powered Ask Here Enhances Employee Inquiry Experience Paycom Software, Inc. has enhanced its Ask Here tool, which uses AI to produce answers to employee questions, reducing response times and administrative burdens for organizations. A centralized hub for all employee questions, Ask Here powered by AI search instantly answers inquiries by scanning preloaded company policies, documentation and saved responses. Topics can also be preloaded based on common employee questions across departments like accounting, benefits, maintenance, security, community relationships and more. For more complex or sensitive inquiries, the software routes the inquiry to the appropriate person in the organization. With the AI-powered search, businesses can expect benefits such as: faster response times to employee questions; easier management of mass employee inquiries; standardization of company responses; easy access to Ask Here through Employee Self-Service; reduced employee frustration in finding the right person to ask; a centralized communication command center. The Ask Here enhancement also provides businesses with deeper insights into inquiry trends and important topics for employees. This enhancement further addresses a common challenge among employees. A recent Paycom general population survey of 2,200 U.S.-based full-time employees revealed employees are most likely to need an urgent response from human resources about their paycheck (56%), benefits (54%), time-off requests (32%) and other key issues like performance reviews and investments. Annuncio • May 08
Paycom Software, Inc. Provides Earnings Guidance for the Year Ending December 31, 2025 Paycom Software, Inc. provided earnings guidance for the year ending December 31, 2025. For the period, the company expects total revenue in the range of $2.023 billion to $2.038 billion, representing year-over-year growth of approximately 8% at the midpoint. Annuncio • May 06
Paycom Software, Inc. Declares Quarterly Cash Dividend, Payable on June 9, 2025 Paycom Software, Inc. announced that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on June 9, 2025, to all stockholders of record as of the close of business on May 27, 2025. Annuncio • Apr 17
Paycom Software, Inc. to Report Q1, 2025 Results on May 07, 2025 Paycom Software, Inc. announced that they will report Q1, 2025 results After-Market on May 07, 2025 Annuncio • Apr 05
Paycom Software, Inc., Annual General Meeting, May 05, 2025 Paycom Software, Inc., Annual General Meeting, May 05, 2025. Location: gaillardia, 5300 gaillardia boulevard, oklahoma city, 73142, oklahoma United States Annuncio • Feb 11
Paycom Software, Inc. Announces Quarterly Cash Dividend, Payable on March 24, 2025 Paycom Software, Inc. announced that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on March 24, 2025, to all stockholders of record as of the close of business on March 10, 2025. Annuncio • Jan 20
Paycom Software, Inc. to Report Q4, 2024 Results on Feb 12, 2025 Paycom Software, Inc. announced that they will report Q4, 2024 results After-Market on Feb 12, 2025 Annuncio • Dec 14
Paycom Software, Inc. Appoints Joe Binz to Its Board of Directors and on the Audit Committee Paycom Software, Inc. announced the appointment of Joe Binz to Paycom’s board of directors, effective Dec. 10, 2024. Binz currently serves as chief financial officer at Atlassian, where he is responsible for its global finance organization and oversees the company’s accounting, finance, internal audit, investor relations, tax, treasury and procurement teams. He has more than 30 years of financial leadership experience in the technology industry. Prior to joining Atlassian, Binz held management roles at Microsoft, where he led the company’s finance functions and guided its business transformation to the cloud. Binz also spent eight years at Intel Corporation, where he held a variety of finance roles supporting manufacturing operations, product groups and Intel Capital. Binz holds a Bachelor of Science degree in finance from the University of Illinois Urbana-Champaign and a Master of Business Administration degree from the University of Michigan’s Ross School of Business. Mr. Binz was also appointed to serve on the audit committee of the Board. Annuncio • Oct 31
Paycom Software, Inc. Provides Earnings Guidance for the Quarter and the Year Ending December 31, 2024 Paycom Software, Inc. provided earnings guidance for the quarter and the year ending December 31, 2024. For the quarter, the company expected total revenues in the range of $477 million to $484 million.
For the year, the company expected total revenues in the range of $1.866 billion to $1.873 billion. Annuncio • Oct 29
Paycom Software, Inc Declares Quarterly Cash Dividend, Payable on December 9, 2024 Paycom Software, Inc. announced that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on December 9, 2024, to all stockholders of record as of the close of business on November 25, 2024. Annuncio • Oct 10
Paycom Software, Inc. to Report Q3, 2024 Results on Oct 30, 2024 Paycom Software, Inc. announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 Annuncio • Sep 23
Paycom Software, Inc.(NYSE:PAYC) dropped from FTSE All-World Index (USD) Paycom Software, Inc.(NYSE:PAYC) dropped from FTSE All-World Index (USD) Annuncio • Jul 31
Paycom Announces Quarterly Cash Dividend, Payable on Sept. 9, 2024 Paycom Software, Inc. announced that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on Sept. 9, 2024, to all stockholders of record as of the close of business on Aug. 26, 2024. Annuncio • Jul 18
Paycom Software, Inc. Announces the Appointment of Archana Vemulapalli to Board of Directors, Effective July 30, 2024 Paycom Software, Inc. announced the appointment of Archana Vemulapalli to Paycom’s board of directors, effective July 30, 2024. Vemulapalli has more than 23 years of technology leadership experience. She currently serves as corporate vice president of Global Commercial Sales and leads Global System Integrator/System Integrator alliances at Advanced Micro Devices (‘AMD’). Prior to joining AMD, she held management roles at Amazon Web Services (‘AWS’), where she served as head of Product and Global Strategy for data and AI and as general manager and head of Solutions Architecture for North America. Prior to AWS, Vemulapalli was the general manager and global chief technology officer for IBM’s Infrastructure Services business with direct oversight of its global portfolio strategy, software product development and offerings portfolio. In her role, she transformed product strategy, investments and management to drive infrastructure services growth globally. Prior to IBM, she served as chief technology officer for the Washington, D.C., government, where she held a key cabinet position overseeing the central technology agency that managed enterprise applications, infrastructure and delivery services. Vemulapalli has a master’s degree in leadership from Georgetown University and a master’s degree in telecommunications from the University of Pennsylvania. She earned her undergraduate degree in engineering from the University of Madras. Annuncio • Jul 11
Paycom Software, Inc. to Report Q2, 2024 Results on Jul 31, 2024 Paycom Software, Inc. announced that they will report Q2, 2024 results After-Market on Jul 31, 2024 Annuncio • Jun 02
Paycom Software, Inc. Announces Chief Executive Officer Changes Paycom Software, Inc. announced that on May 29, 2024, for personal reasons, Christopher G. Thomas resigned from his position as Co-Chief Executive Officer of the Company, effective immediately. Chad Richison will continue to lead the Company as Chief Executive Officer, President and Chairman of the Board of Directors. Annuncio • Jun 01
Paycom Software, Inc. Announces Management Promotions Paycom Software, Inc. announced that Randy Peck, a 20-year Paycom veteran, has been appointed to serve as Paycom’s Chief Operating Officer, while Matt Paque and Jennifer Kraszewski have been promoted to Chief Legal Officer and Chief Human Resources Officer, respectively. Peck has served in vital roles across the organization, including most recently as Paycom’s Strategic Advisor to Executive Management. Prior to that, Peck held various positions in operations, client service, product management and sales, including Director of Software Strategy, Director of Operations and Director of Client Service, among others. Peck has more than 34 years of management experience in the payroll and HCM space. He earned his bachelor’s degree in finance from Oklahoma State University. Kraszewski, who previously served as Paycom’s Senior Executive Vice President of Human Resources, joined the Company in 2018. She has more than 25 years of HR leadership experience, driving transformative, business-focused human capital strategies in high-growth industries to achieve efficiencies, compliance and employee engagement. Under her leadership, Paycom has won numerous awards for its workplace culture, including Top Workplaces USA, Gallup’s Exceptional Workplace Award, Comparably’s Best Companies for Career Growth and Best Companies for Women, and America’s Greatest Workplaces for Parents and Families by Newsweek. Paque previously served as general counsel. In his new role, he will continue to oversee all legal affairs of the Company, including commercial, corporate governance, compliance and risk. He will continue to serve as Secretary of the Company as well. Paque has over 20 years’ experience as an attorney. Before joining Paycom in 2017, he worked in private practice and was assistant general counsel at a global publicly traded manufacturing company. Annuncio • May 04
Paycom Software, Inc. Provides Earnings Guidance for the Quarter Ending June 30, 2024 Paycom Software, Inc. provided earnings guidance for the quarter Ending June 30, 2024 and year ending December 31, 2024. For the quarter, the company expects total revenues in the range of $434 million to $438 million. Annuncio • May 03
Paycom Expands Automated Payroll with Beti into Ireland Paycom Software, Inc. announced it will expand its product offerings and geographic reach into Ireland. This latest development includes access to Beti®, an industry-first solution that empowers employees to do their own payroll. This expansion follows the company’s recent introduction of payroll services in Canada, Mexico and the U.K. It also follows the 2023 launch of Global HCM™, which increased a number of Paycom applications and tools in more than 180 countries and 15 languages and dialects. Now, Paycom will offer its single-software solution for HCM, payroll and tax filing to support organizations with employees in Ireland. Annuncio • Apr 30
Paycom Software, Inc. Announces Quarterly Cash Dividend, Payable on June 10, 2024 Paycom Software, Inc. announced that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on June 10, 2024, to all stockholders of record as of the close of business on May 28, 2024. Annuncio • Apr 11
Paycom Software, Inc. to Report Q1, 2024 Results on May 01, 2024 Paycom Software, Inc. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 01, 2024 Annuncio • Apr 02
Paycom Software, Inc. Announces Executive Changes Paycom Software, Inc. announced that Amy Walker, a nearly 14-year Paycom veteran who has overseen its outside sales team as Executive Vice President of Outside Sales since November 2023, will expand her role to now include emerging markets and client relations. As Executive Vice President of Sales, Walker replaces Holly Faurot who is transitioning from Paycom’s Chief Sales Officer to a consulting role for the company, where she will focus on client success. Walker started as a sales representative in Paycom’s St. Louis office and quickly rose through the ranks in the sales organization. She opened and managed several sales offices and regions prior to her role as Executive Vice President of Outside Sales. Annuncio • Mar 29
Paycom Software, Inc., Annual General Meeting, Apr 29, 2024 Paycom Software, Inc., Annual General Meeting, Apr 29, 2024, at 11:00 Central Daylight. Location: Gaillardia, 5300 Gaillardia Boulevard Oklahoma City United States Agenda: To elect three Class II directors, each to serve until the date of the 2027 annual meeting of stockholders and until his or her successor has been duly elected and qualified, or his or her earlier death, resignation or removal; to ratify the appointment of Grant Thornton LLP as company independent registered public accounting firm for the year ending December 31, 2024; and to approve, on an advisory basis, the compensation of our named executive officers. Annuncio • Feb 06
Paycom Software, Inc. Announces Quarterly Cash Dividend, Payable on March 18, 2024 Paycom Software, Inc. announced that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on March 18, 2024, to all stockholders of record as of the close of business on March 4, 2024. Annuncio • Jan 19
Paycom Software, Inc. to Report Q4, 2023 Results on Feb 07, 2024 Paycom Software, Inc. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 07, 2024 Annuncio • Dec 22
Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Paycom Software, Inc Robbins Geller Rudman & Dowd LLP announces that purchasers of Paycom Software, Inc. common stock between February 9, 2022 and October 31, 2023, inclusive, have until January 9, 2024 to seek appointment as lead plaintiff of the Paycom class action lawsuit. Captioned Caloto v. Paycom Software, Inc., No. 23-cv-11086 (S.D.N.Y.), the Paycom class action lawsuit charges Paycom and certain of its top executives with violations of the Securities Exchange Act of 1934. A previously filed complaint, captioned Ventrillo v. Paycom Software, Inc., No. 23-cv-01019, is pending in the Western District of Oklahoma. Paycom provides cloud-based human resources and payroll functions for small to mid-sized companies. In July 2021, Paycom officially rolled out a new application called “Beti,” which stands for Better Employee Transaction Interface, as an enhancement to Paycom’s then-existing payroll offerings. The Paycom class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Paycom had been relying upon a significant, but undisclosed, amount of one-off payroll correction fees to fuel its outsized revenue growth; (ii) increased adoption of Beti by Paycom’s payroll customers was cannibalizing the fees Paycom had previously been charging to correct common payroll mistakes and to provide related services; and (iii) the increased Beti adoption was decreasing Paycom’s gross profit margins. On August 1, 2023, Paycom announced its gross margin for the second quarter of 2023 declined from 84.2% to 83.2%. Paycom further projected revenue guidance for the third quarter of 2023 between $410 million to $412 million, below market expectations. Then, on October 31, 2023, Paycom disclosed that increased Beti adoption had been cannibalizing the one-off fees Paycom had previously been receiving for correcting payroll errors and that Paycom had been relying on those additional payroll correction fees to support its past outsized revenue growth. The plaintiff is represented by Robbins Geller, which has extensive experience in prosecuting investor class actions including actions involving financial fraud. Annuncio • Dec 13
Paycom Software, Inc. Releases DDX Update Based on Latest EY Findings Paycom Software, Inc. announced updated cost estimates of data entry and HR tasks within its usage management analytics tool, Direct Data Exchange (DDX). These figures are based on the latest findings by professional services firm Ernst & Young (EY), who found the average cost of a single manual data entry made by an HR professional increased from $4.70 to $4.78. An HR product, DDX gives employers insights into efficiencies gained through employee usage of HR technology. It provides a real-time estimated return on investment for that usage based on EY's research, which is reflected in Paycom's industry-first product. EY regularly updates its calculations by applying inflation factors to survey data. This year's study also includes consideration for manual payroll tasks completed by HR professionals. When payroll tasks are included, the average cost of a Single manual data entry rises from $4.78 to $5.35. These estimated costs are only averages. EY also concluded that the cost per data entry of each task varies and can be as much as $21.18. Additionally, according to EY's annual research, the cost per HR task has continued to increase across every category of HR data -- such as expense management, personal information and more -- since the original survey launched in 2018. Paycom's DDX automatically calculates these costs for clients so they can, in turn, drive employee usage of Paycom's Employee Self-Service technology. With the launch of DDX, Paycom became the first in the human capital management industry to provide a tool that assists employers in determining what appropriate employee usage of HR technology looks like and how to measure it. Annuncio • Dec 06
Paycom Software, Inc. Launches GONE, Automating Time-Off Request Decisions Paycom Software, Inc. announced the launch of its next step in automation, GONE™, a feature that facilitates decision-making for time-off requests. Businesses can now automate time-off decisions to best fit their needs using a customizable decision engine for time-off approval and denial, including staffing needs, consecutive days requested, individual employee hours worked, level of seniority and more. Through enhanced automation, GONE standardizes time-off management with policy-compliant decisioning designed to ensure fairness, timeliness and regulatory compliance. For businesses and their employees, GONE helps eliminate: waiting on or tracking down time-off decisions updating incorrect time-off information for payroll; losing employees’ trust due to time-off guidelines being unclear or unfair; being understaffed because of poor time-off management and unapproving time-off approval or mediating time-off denial disputes. Annuncio • Nov 22
Paycom Software, Inc. Announces Management Changes, Effective December 4, 2023 On November 17, 2023, the Board of Directors of Paycom Software, Inc. approved the appointment of Jason D. Clark as Chief Administrative Officer of the Company, effective December 4, 2023. In this role, Mr. Clark will oversee certain administrative operations for the Company. Mr. Clark, 53, has served as a member of the Board since August 2014 and currently serves as a member of the Board’s Audit Committee and as chairperson of the Board’s Nominating and Corporate Governance Committee. He is also a member of the Board committee that oversees the Company’s stock repurchase plan. Mr. Clark will resign from such Board and committee positions immediately prior to assuming his duties as Chief Administrative Officer on December 4, 2023. Effective on and subject to Mr. Clark’s resignation from the Board, the size of the Board will be reduced from eight to seven directors. Mr. Clark has served as President and Chief Executive Officer of CompSource Mutual Insurance Company since March 2009. He has over 30 years of experience in the insurance industry specializing in workers’ compensation insurance. Mr. Clark earned his Bachelor of Business Administration in Finance degree from the University of Central Oklahoma. Annuncio • Nov 15
Federman & Sherwood Announces Filing of Securities Class Action Lawsuit in an Oklahoma Federal Court Against Paycom Software, Inc., Chad Richison and Craig Boelte Federman & Sherwood announced that on November 10, 2023, a class action lawsuit was filed in the United States District Court for the Western District of Oklahoma against Paycom Software, Inc., Chad Richison and Craig Boelte (Defendants). The Complaint alleges that defendants throughout the Class Period, which is May 3, 2023 through November 1, 2023, made materially false and/or misleading statements and/or failed to disclose that: (1) Paycom’s Beit product led to cannibalization of the Paycom’s services and revenues; (2) Paycom knew but failed to disclose that Beti was leading to cannibalization of Paycom’s services and revenues, and failed to warn of cannibalization as a general risk; (3) as a result of cannibalization of revenue, Paycom missed its expected third quarter of 2023 revenue and would have to revise its expected 2023 revenues; (4) the cannibalization issue resulted in projected 2024 year-over-year revenue growth to between 10% and 12%, well below expectations; and (5) as a result, defendants’ statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. Plaintiffs seek to recover damages on behalf of all Paycom Software, Inc., investors who purchased Paycom securities during the Class Period. Investor may move the Court no later than January 9, 2024, to serve as a lead plaintiff for the Class. However, to do so, must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995 (PSLRA). Annuncio • Nov 01
Paycom Software, Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year Ending December 31, 2023 Paycom Software, Inc. provided revenue guidance for the fourth quarter and full year ending December 31, 2023. for the quarter, the company expects total revenue in the range of $420 million to $425 million.For the full year, the company expects total revenue in the range of $1.679 billion to $1.684 billion. Annuncio • Oct 31
Paycom Software, Inc. Announces Quarterly Cash Dividend, Payable on December 11, 2023 Paycom Software, Inc. announced that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on December 11, 2023, to all stockholders of record as of the close of business on November 27, 2023. Annuncio • Oct 12
Paycom Software, Inc. to Report Q3, 2023 Results on Oct 31, 2023 Paycom Software, Inc. announced that they will report Q3, 2023 results After-Market on Oct 31, 2023 Annuncio • Aug 01
Paycom Software, Inc. Declares Quarterly Cash Dividend, Payable on September 11, 2023 Paycom Software, Inc. announced that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on September 11, 2023, to all stockholders of record as of the close of business on August 28, 2023. Annuncio • Jul 12
Paycom Software, Inc. to Report Q2, 2023 Results on Aug 01, 2023 Paycom Software, Inc. announced that they will report Q2, 2023 results After-Market on Aug 01, 2023 Annuncio • Jun 29
Paycom Introduces Client Action Center Paycom Software, Inc. announced the launch of its latest development, Client Action Center. The intuitive dashboard, available in the Paycom mobile app, makes it even easier for its clients to take action and get updates on banking and tax-related items from the office or on the go. Designed for payroll administrators, Client Action Center creates instant visibility into wire transfers, providing real-time updates and insights. Administrators can view the status of regular and drawdown wires, as well as wire reception, all in the same mobile app or from their desktop. Organizations can also monitor their tax health with a comprehensive view of tax accounts and pending and missing account numbers. Within the dashboard, administrators can access: tax rates for paid family leave, disability and SUTA unemployment; tax profiles and any discrepancies. Annuncio • Jun 20
Paycom Software, Inc.(NYSE:PAYC) dropped from S&P Software & Services Select Industry Index Paycom Software, Inc.(NYSE:PAYC) dropped from S&P Software & Services Select Industry Index Annuncio • May 17
Paycom Announces Quarterly Cash Dividend, Payable on June 12, 2023 Paycom Software, Inc. announced that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on June 12, 2023, to all stockholders of record as of the close of business on May 30, 2023. Annuncio • Feb 08
Paycom Software, Inc. Provides Revenue Guidance for the Quarter Ending March 31, 2023 and the Year Ending December 31, 2023 Paycom Software, Inc. provided the revenue guidance for the quarter ending March 31, 2023 and the year ending December 31, 2023. For the quarter, the company expects total revenues in the range of $443 million to $445 million.For the year, the company expects total revenues in the range of $1.700 billion to $1.702 billion. Annuncio • Jan 18
Paycom Software, Inc. to Report Q4, 2022 Results on Feb 07, 2023 Paycom Software, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 07, 2023