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Paychex, Inc.(PAYX)

Description: Paychex, Inc., together with its subsidiaries, provides payroll, human resource, insurance, and benefits outsourcing solutions for small to medium-sized businesses in the United States and Germany. The company offers payroll processing services that include the calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and management reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients' payroll obligations. It also provides a software-as-a-service solution to meet the payroll and human resource administrative needs; a suite of self-service online payroll services and products, including Paychex Online Payroll, Internet time sheet, online reports, and general ledger reporting service; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. In addition, the company offers human resource outsourcing solutions that provide a package of services consisting of payroll, employer compliance, human resource and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained human resource representative. Further, it provides retirement services administration; insurance agency services for property and casualty, business-owner, commercial auto, and health and benefits insurance products; online human resource administration software tools for managing employee benefits, personnel information, and human resource compliance and reporting; and other human resource services products, including employee handbooks, management manuals, and personnel and required regulatory forms. The company markets its services primarily through its direct sales force. As of May 31, 2013, it serviced approximately 570,000 payroll clients. The company was founded in 1971 and is headquartered in Rochester, New York.


Keywords: S&P 500 Software As A Service Nasdaq 100 Payment Services Human Resources Regulatory Compliance Employment Payroll Services Software Tools Compliance Services Payroll Employee Benefits Payroll Processing Retirement Services Tax Return E Payment Services Human Resource Services Aps Payroll Regulatory Compliance Services Income Statement Payroll Processing Services Benefits Insurance Products Paycheck

Home Page: www.paychex.com

PAYX Technical Analysis

911 Panorama Trail South
Rochester, NY 14625-2396
United States
Phone: 585 385 6666


Officers

Name Title
Mr. John B. Gibson Jr. Pres, CEO & Director
Mr. Efrain Rivera DM, MBA Sr. VP & CFO
Mr. Mark A. Bottini Sr. VP of Sales
Mr. Michael E. Gioja Sr. VP of Product Devel. & Information Technology
Mr. Christopher DeSalvo VP of Service Excellence & Operations
Mr. Bradley J. Schaufenbuel J.D., L.L.M. VP & Chief Information Security Officer
Ms. Terri Allen Investor Relations
Ms. Stephanie L. Schaeffer VP, Chief Legal & Ethics Officer and Corp. Sec.
Mr. Frank Fiorille VP of Risk, Compliance & Data Analytics
Neal Collins VP of Corp. Devel. and MD of Mergers & Acquisitions

Exchange: NASDAQ

Country: US : United States of America

Currency: US Dollar ($)

Forward PE: 29.7619
Trailing PE: 28.9901
Price-to-Book MRQ: 14.0914
Price-to-Sales TTM: 8.9115
IPO Date: 1990-03-26
Fiscal Year End: May
Full Time Employees: 16000
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