NasdaqGS:PAYXProfessional Services
Paychex Growth Story Links Paycor Synergies, AI Rollout And New Buyback
Paychex (NasdaqGS:PAYX) reported record revenue and operating income, driven by the integration of Paycor and rapid deployment of AI-powered capabilities.
The Paycor integration is ahead of schedule, with most targeted cost synergies completed and strong cross selling activity across the combined client base.
Management highlighted more than 500 AI powered features now in use, aimed at improving productivity and client experience across Paychex solutions.
The board approved a new US$1b stock...