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Paychex - Company Profile

Save hours of research with our analyst-prepared profile on Paychex. Get financials, SWOT, and competitor insights in one place—your competitors might already have it.

ADP

Headquarters: Roseland, New Jersey, USA
No. of Employees: 58,000+
Revenue: $14B
Entity Type: Public

Paylocity

Headquarters: Arlington Heights, Illinois, USA
No. of Employees: 4,600+
Revenue: $1.1B
Entity Type: Public

Ceridian

Headquarters: Minneapolis, Minnesota, USA
No. of Employees: 6,200+
Revenue: $1.01B
Entity Type: Public

Ultimate Software

Headquarters: Weston, Florida, USA
No. of Employees: 5,000+
Revenue: $1.28B
Entity Type: Public

Gusto

Headquarters: San Francisco, California, USA
No. of Employees: 1,000+
Revenue: $400M
Entity Type: Private

Zenefits

Headquarters: San Francisco, California, USA
No. of Employees: 400+
Revenue: $140M
Entity Type: Private

OnPay

Headquarters: Atlanta, Georgia, USA
No. of Employees: 100+
Revenue: $45M
Entity Type: Private

Intuit QuickBooks Payroll

Headquarters: Mountain View, California, USA
No. of Employees: 10,000+
Revenue: $8B
Entity Type: Public

Wave Financial

Headquarters: Toronto, Ontario, Canada
No. of Employees: 200+
Revenue: $30M
Entity Type: Private

Rankhigher

Headquarters: Toronto, Ontario, Canada
No. of Employees: 200+
Revenue: $25M
Entity Type: Private

Sage Group

Headquarters: Newcastle upon Tyne, UK
No. of Employees: 13,000+
Revenue: $1.87B
Entity Type: Public

TimeSolv

Headquarters: Boulder, Colorado, USA
No. of Employees: 50+
Revenue: $5M
Entity Type: Private

BambooHR

Headquarters: Lindon, Utah, USA
No. of Employees: 1,000+
Revenue: $90M
Entity Type: Private

Trinet

Headquarters: Dublin, California, USA
No. of Employees: 3,700+
Revenue: $1B
Entity Type: Public

Justworks

Headquarters: New York City, New York, USA
No. of Employees: 1,000+
Revenue: $120M
Entity Type: Private

Overview of Paychex competitor analysis

Paychex operates within a competitive landscape featuring prominent payroll and HR service providers. Major competitors include ADP and Paylocity, which provide extensive payroll solutions and human resource management services. Companies like Ceridian and Ultimate Software focus on specialized software offerings, while newer entrants like Gusto and Zenefits appeal to smaller businesses with user-friendly platforms. Moreover, firms like Intuit and Sage provide integrated financial solutions that incorporate payroll functionalities. This diverse competitive environment underscores Paychex's challenge to maintain its market share and innovate continuously to address evolving customer needs.

Benchmark Paychex Against Its Competitors

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