Paychex Competitors and Similar CompaniesClear all
Paychex's competitors and similar companies include Fiserv, SkypeTime, Civica, Alight, Xero, Automatic Data Processing, BenefitMall, Paycom Software, Paylocity, Paycor and Gusto.
 SkypeTime SkypeTime is a web application and a set of services for collecting and processing data of users connecting to corporate resources such as Skype for Business, Exchange, SharePoint, RDG, and other similar resources. |  Automatic Data Processing Automatic Data Processing (ADP) is a company that develops HR and payroll platforms. |  BenefitMall BenefitMall (formerly known as Centerstone Insurance and Financial Services) is a company that provides brokerage services. |  Paycom Software Paycom Software is a company that provides HR and payroll automation software solutions. |  Paylocity Paylocity is a technology company that specializes in cloud-based human capital and payroll management. |  Paycor Paycor is a company that develops human capital management (HCM), payroll, and talent software. |  Gusto Gusto (formerly known as ZenPayroll) is a company that develops cloud-based payroll, employee benefits, and HR management software. | ||||||
Founding Date | Founding Date 1971 | Founding Date 1984 | Founding Date N/A | Founding Date 2001 | Founding Date 2017 | Founding Date 2006 | Founding Date 1949 | Founding Date 1979 | Founding Date 1998 | Founding Date 1997 | Founding Date 1990 | Founding Date 2012 |
Type | Type Public | Type Public | Type Subsidiary | Type Subsidiary | Type Public | Type Public | Type Public | Type Private | Type Public | Type Public | Type Subsidiary | Type Private |
Tags | ||||||||||||
Locations | Locations Milwaukee, US HQ Sydney, AU Mississauga, CA Oakville, CA Bogotá, CO Hong Kong, HK Bengaluru, IN see more | Locations Limassol, CY HQ | Locations London, GB HQ Geelong, AU Melbourne, AU Winnipeg, CA Indore, IN Vadodara, IN Auckland, NZ see more | Locations Chicago, US HQ Buenos Aires, AR Melbourne, AU Sydney, AU Brussels, BE Sao Paulo, BR Montreal, CA see more | Locations Wellington, NZ HQ Brisbane City, AU Canberra, AU Melbourne, AU Perth, AU Sydney, AU Toronto, CA see more | Locations Roseland, US HQ Buenos Aires, AR Fortitude Valley, AU Mascot, AU Mulgrave, AU Anastácio, BR Porto Alegre, BR see more | Locations Dallas, US HQ Atlanta, US Austin, US Cape Coral, US Conshohocken, US Denver, US Fort Lauderdale, US see more | Locations Oklahoma City, US HQ Arlington, US Atlanta, US Atlanta, US Austin, US Baltimore, US Boston, US see more | Locations Chicago, US HQ Lake Mary, US Louisville, US Meridian, US New York, US Oakland, US Rochester, US see more | Locations Cincinnati, US HQ Fort Collins, US Jacksonville, US Lenexa, US Akron, US Atlanta, US Austin, US see more | Locations San Francisco, US HQ Denver, US New York, US | |
Employees | Employees 16,5001% decrease | Employees 38,000 | Employees N/A | Employees 3,1281% decrease | Employees 9,500 | Employees 4,610 | Employees 67,0005% increase | Employees 1,1052% decrease | Employees 7,30815% increase | Employees 6,10015% increase | Employees 2,9004% increase | Employees 3,5532% increase |
Valuation ($) | Valuation ($) 46.9 b | Valuation ($) 70.5 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 4 b | Valuation ($) 15.2 b | Valuation ($) 110.7 b | Valuation ($) N/A | Valuation ($) 9.6 b | Valuation ($) 9.8 b | Valuation ($) N/A | Valuation ($) 3.8 b |
Financial | ||||||||||||
Revenue (est.) | Revenue (est.) $5.6b (FY, 2025) | Revenue (est.) $21.2b (FY, 2025) | Revenue (est.) N/A | Revenue (est.) £313.1m (FY, 2022) | Revenue (est.) $2.3b (FY, 2025) | Revenue (est.) $2.8b (FY, 2026) | Revenue (est.) $20.6b (FY, 2025) | Revenue (est.) N/A | Revenue (est.) $2.1b (FY, 2025) | Revenue (est.) $1.6b (FY, 2025) | Revenue (est.) $602.4m (FY, 2024) | Revenue (est.) $500m (FY, 2023) |
Cost of goods | Cost of goods $1.5b (FY, 2025) | Cost of goods $8.6b (FY, 2025) | Cost of goods N/A | Cost of goods £131.1m (FY, 2022) | Cost of goods $1.4b (FY, 2025) | Cost of goods N/A | Cost of goods $11.1b (FY, 2025) | Cost of goods N/A | Cost of goods $345.4m (FY, 2025) | Cost of goods $498.2m (FY, 2025) | Cost of goods $223.2m (FY, 2024) | Cost of goods N/A |
Gross profit | Gross profit $4b (FY, 2025) | Gross profit $12.6b (FY, 2025) | Gross profit N/A | Gross profit £182m (FY, 2022) | Gross profit $765m (FY, 2025) | Gross profit $2.8b (FY, 2026) | Gross profit $9.5b (FY, 2025) | Gross profit N/A | Gross profit $1.7b (FY, 2025) | Gross profit $1.1b (FY, 2025) | Gross profit $379.2m (FY, 2024) | Gross profit N/A |
Net income | Net income $1.7b (FY, 2025) | Net income $3.5b (FY, 2025) | Net income N/A | Net income £15.4m (FY, 2022) | Net income ($3.1b) (FY, 2025) | Net income $167.4m (FY, 2026) | Net income $4.1b (FY, 2025) | Net income N/A | Net income N/A | Net income $227.1m (FY, 2025) | Net income ($58.9m) (FY, 2024) | Net income N/A |
Operating ⚠ | ||||||||||||
Annual Revenue Retention Rate | Annual Revenue Retention Rate N/A | Annual Revenue Retention Rate N/A | Annual Revenue Retention Rate N/A | Annual Revenue Retention Rate N/A | Annual Revenue Retention Rate N/A | Annual Revenue Retention Rate N/A | Annual Revenue Retention Rate N/A | Annual Revenue Retention Rate N/A | Annual Revenue Retention Rate 0.9 (FY, 2022) | Annual Revenue Retention Rate 0.9 (FY, 2023) | Annual Revenue Retention Rate N/A | Annual Revenue Retention Rate N/A |
Average Client Funds Balances | Average Client Funds Balances $5.4b (Q2, 2024) | Average Client Funds Balances N/A | Average Client Funds Balances N/A | Average Client Funds Balances N/A | Average Client Funds Balances N/A | Average Client Funds Balances N/A | Average Client Funds Balances $41.7b (Q3, 2024) | Average Client Funds Balances N/A | Average Client Funds Balances N/A | Average Client Funds Balances N/A | Average Client Funds Balances N/A | Average Client Funds Balances N/A |
Customers | Customers N/A | Customers N/A | Customers N/A | Customers N/A | Customers N/A | Customers N/A | Customers N/A | Customers N/A | Customers 36.6 k (FY, 2022) | Customers N/A | Customers 30.8 k (Q1, 2024) | Customers N/A |
Enterprise Customers | Enterprise Customers 740 k (FY, 2023) | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers 1 m (FY, 2023) | Enterprise Customers 140 k (Dec, 2022) | Enterprise Customers N/A | Enterprise Customers 36.2 k (FY, 2023) | Enterprise Customers N/A | Enterprise Customers 300 k (Feb, 2024) |
Trademarks (US) | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) 10 (Dec, 2022) | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) 15 (Feb, 2024) |
Funding | ||||||||||||
Latest funding round | Latest funding round N/A | Latest funding round N/A | Latest funding round N/A | Latest funding round N/A | Latest funding round N/A | Latest funding round N/A | Latest funding round N/A | Latest funding round $ 40m (over 26 years ago) | Latest funding round N/A | Latest funding round N/A | Latest funding round N/A | Latest funding round $ 55m (about 4 years ago) |
Total funding raised | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 11m | Total funding raised $ 681.4m | Total funding raised N/A | Total funding raised $ 40m | Total funding raised N/A | Total funding raised $ 10m | Total funding raised $ 270m | Total funding raised $ 746.1m |
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Limassol, CY
SkypeTime is a web application and a set of services for collecting and processing data of users connecting to corporate resources such as Skype for Business, Exchange, SharePoint, RDG, and other similar resources.
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Alight
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Chicago, US
Employees
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Alight is a technology company that provides human capital management solutions.
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