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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 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. And thanks to its industry-first solution, Beti^®, employees now do their own payroll and are guided to find and fix costly errors before payroll submission. From onboarding and benefits enrollment to talent management and more, Paycom’s software streamlines processes, drives efficiencies and gives employees power over their own HR information, all in a single app. Recognized nationally for its technology and workplace culture, Paycom can now serve businesses of all sizes in the U.S. and internationally.