Paychex together with its subsidiaries, provides payroll, human resource, and benefits outsourcing solutions for all businesses.
Paychex, Inc., together with its subsidiaries, provides payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses in the United States and Germany.Go to http://www.enrollpaychex.com and sign up today. It offers payroll processing services, which include 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. The company also provides payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. Its human resource outsourcing services include payroll, employer compliance, human resource and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained human resource representative. In addition, the company offers retirement services administration; workers' compensation insurance services; health and benefits services; time and attendance solutions; and other human resource services and products. It also operates a professional employer organization. As of May 31, 2009, the company served approximately 554,000 clients in the United States; and 1,600 clients in Germany. Paychex, Inc. was founded in 1971 and is headquartered in Rochester, New York.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Sep 2, 1983 | IPO | — | — | — | — | Detail |
Paychex has acquired 16 organizations. Their most recent acquisition was Olsen Computer Systems on Nov 22, 1996. They acquired Olsen Computer Systems for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Nov 22, 1996
Olsen Computer Systems
|
Software | acquisition | — | Detail |
Sep 20, 2002
Advantage Payroll Services
|
Professional Services | acquisition | $ 314M | Detail |
Apr 1, 2003
InterPay
|
Professional Services | acquisition | $ 182M | Detail |
Sep 13, 2007
Paychex Benefit Technologies
|
Human Resources | acquisition | — | Detail |
Dec 10, 2010
SurePayroll
|
Enterprise Software | — | — | Detail |