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Investor's Business Daily - Paycom Stock Boost Expected From New Focus On Employee Self-Service

Paycom Stock Boost Expected From New Focus On Employee Self-Service

The evolving strategy of Paycom Software (PAYC) to focus on “employee self-service” for its workforce management software has big potential, a Jefferies analyst said Monday. Paycom stock dipped as other enterprise software stocks also fell despite a price-target hike from Jefferies.

About Paycom

For over 25 years, Paycom Software, Inc. (NYSE: PAYC) has simplified businesses and the lives of their employees through easy-to-use HR and payroll technology to empower transparency through direct access to their data. From onboarding and benefits enrollment to talent management and more, Paycom’s employee-first technology leverages full-solution automation to streamline processes, drive efficiencies and give employees power over their own HR information, all in a single app. Paycom’s single database combines all HR and payroll data in one place, providing a seamless and accurate experience without the errors and inefficiencies associated with integrating multiple systems. Recognized nationally for its technology and workplace culture, Paycom serves businesses of all sizes in the U.S. and internationally.