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MarketScreener Homepage  >  Equities  >  Nyse  >  Paycom Software, Inc.    PAYC

PAYCOM SOFTWARE, INC.

(PAYC)
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Paycom Software : Introduces Ask Here Communication Platform, Further Enhancing the Employee Experience

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07/30/2019 | 04:11pm EDT

Paycom Software, Inc. (“Paycom”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced the release of Ask HereTM. Paycom’s newest tool gives all client employees a direct line of communication to ask work-related questions of their company representatives – and receive timely answers – all through the convenience of Paycom’s self-service technology.

“I am excited about the many benefits companies and their employees gain from our latest innovation, further enhancing the employee-employer experience through technology,” said Chad Richison, Paycom’s founder and CEO. “Ask Here not only serves as an easy-to-use medium for communication, but it also helps companies identify gaps in policies and procedures, discover training opportunities and share information across the organization to improve culture and engagement.”

Ask Here allows employees, regardless of location, to get the answers they need – while reducing email, phone calls and foot traffic across the organization – through one online resource. Ask Here’s functionality promotes increased engagement by ensuring all inquiries are addressed, any required actions are taken, and no follow-ups are required by the employee.

Some of Ask Here’s features include:

  • a central repository for all employee questions and pertinent details in one convenient dashboard;
  • guided inquiry templates to automatically direct questions to the appropriate person;
  • an unlimited number of custom categories for questions;
  • the ability to attach documents for additional details to an inquiry or a conversation, such as photos, doctor’s notes and ergonomic requests;
  • a mechanism for safe and discreet reporting of workplace concerns related to facilities or co-workers;
  • the ability to route questions within the organization;
  • notifications for each new inquiry, with status updates sent to the employee; and
  • answers that easily can be saved to respond to common questions.

In addition to Paycom’s monthly product enhancements, Ask Here follows the release of the industry-first data efficiency monitoring tool, Direct Data ExchangeTM, advancing Paycom’s focus to drive ROI for its clients through employee usage of HCM technology.

For more information, visit Paycom.com.

About Paycom

As a leader in payroll and HR technology, Oklahoma City-based Paycom redefines the human capital management industry by allowing companies to effectively navigate a rapidly changing business environment. Its cloud-based software solution is based on a core system of record maintained in a single database for all human capital management functions, providing the functionality that businesses need to manage the complete employment life cycle, from recruitment to retirement. Paycom has the ability to serve businesses of all sizes and in every industry. As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country.


© Business Wire 2019
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Financials (USD)
Sales 2019 729 M
EBIT 2019 262 M
Net income 2019 169 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 70,3x
P/E ratio 2020 57,7x
Capi. / Sales2019 16,0x
Capi. / Sales2020 13,0x
Capitalization 11 702 M
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Technical analysis trends PAYCOM SOFTWARE, INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 238,50  $
Last Close Price 202,98  $
Spread / Highest target 37,9%
Spread / Average Target 17,5%
Spread / Lowest Target -12,8%
EPS Revisions
Managers
NameTitle
Chad R. Richison Chairman, President & Chief Executive Officer
Jon Evans Chief Operating Officer
Craig E. Boelte Chief Financial Officer, Secretary & Treasurer
Shane Hadlock Director-Information Technology
Brad Smith Chief Information Officer
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