# Paycom

> Paycom sells cloud-based payroll and human resources software built around a single employee database. Its Beti payroll experience guides employees to review and resolve discrepancies before submission, while tools for hiring, benefits, timekeeping, learning and AI search share the same system. Its central business tension is unusually concrete: fewer mistakes can mean fewer billable payroll fixes.

- **Founded:** 1998
- **Headquarters:** Oklahoma City, United States
- **Founders:** Chad Richison (Founder, Chief Executive Officer and Chairman)
- **Products:** Payroll and HCM platform, Beti, Direct Data Exchange, Manager on-the-Go, Global HCM
- **Notable:** Founded in 1998 and among the early providers of fully online payroll., NYSE listing under PAYC in April 2014., Launched employee-guided payroll product Beti in 2021.

## Products & services

- **Payroll and HCM platform** — A single-database SaaS suite covering payroll, talent acquisition, talent management, HR management, and time and labor.
- **Beti** — Better Employee Transaction Interface; self-starting payroll with employee review, discrepancy alerts and pre-submission approval. Available in the U.S., Canada, Mexico, U.K. and Ireland.
- **Direct Data Exchange** — Usage analytics that estimates administrative savings from employee self-service using EY research.
- **Manager on-the-Go** — Mobile manager tools for tasks including time, expenses, schedules and employee approvals.
- **Global HCM** — International employee information and HR functionality; advertised reach of more than 190 countries does not mean local payroll in every country.
- **GONE** — Time-off automation using employer-defined decision criteria, with approved requests flowing into payroll and scheduling.
- **IWant** — Command-driven AI search launched July 30, 2025; accepts typed or voice-to-text questions to retrieve information within Paycom.
- **Talent, benefits and learning tools** — Applicant tracking, onboarding, benefits administration, performance reviews, compensation budgeting, certification management and employee learning.

## Achievements

- Founded in 1998 and among the early providers of fully online payroll.
- NYSE listing under PAYC in April 2014.
- Launched employee-guided payroll product Beti in 2021.
- Exceeded $2 billion annual revenue in 2025.
- Global HCM advertised in more than 190 countries as of December 31, 2025.

## Latest updates

- **2026-10** — October 15: published a commissioned EY analysis estimating $339 per payroll error; the release identifies the figures as an inflation-adjusted update of survey data collected in 2022.
- **2026-08** — August 5: reported Q2 revenue of $531.2 million, up 9.8% year over year, and GAAP net income of $107.4 million.
- **2026-02** — Shane Hadlock became president and chief client officer. Chad Richison remains CEO and chairman.
- **2025-07** — July 30: launched IWant, its command-driven AI search engine.

## Links

- Website: https://www.paycom.com/
- LinkedIn: https://www.linkedin.com/company/paycom
- Twitter/X: https://twitter.com/paycom
- YouTube: https://www.youtube.com/@paycom
- Instagram: https://www.instagram.com/paycomsoftware/
- Facebook: https://www.facebook.com/Paycom
- TikTok: https://www.tiktok.com/@paycom

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Profile page: https://yespress.io/paycom
Published by YesPress — https://yespress.io
Last updated: 2026-10-23