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Paycom Boosts Sales Presence, Opens Richmond Office

Paycom Boosts Sales Presence, Opens Richmond Office

OKLAHOMA CITY–(BUSINESS WIRE)– Paycom Software, Inc. (“Paycom”) (NYSE:PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced the opening of a new sales office in Richmond, Virginia, increasing Paycom’s total number of sales teams to 44 across the U.S.

“We continue to experience success as a result of our disciplined sales office expansion strategy and are pleased to continue our plans with the opening of this office,” said Paycom’s founder and CEO, Chad Richison. “This strategy allows us to better develop our current and potential sales managers and provides a more solid foundation for future sales performance.”

Paycom’s latest office announcement follows last month’s Milwaukee, Wisconsin, opening.

The Richmond office will be led by an existing Paycom sales manager who has demonstrated superior leadership qualities, while also producing successful sales metrics. This individual, who was relocated from a well-established office, will be responsible for hiring and developing new sales professionals in order to grow Paycom’s market share.

“Our sales force is uniquely positioned to not only sell a world-class software solution to businesses, but to understand the needs of organizations and how they can best attract and retain talent using our human capital management technology,” said Paycom’s chief sales officer, Jeff York.

Named as one of the most engaged workplaces in 2016 by Achievers, as well as the top workplace in Oklahoma based on the results of an employee feedback survey administered by WorkplaceDynamics, Paycom now has sales offices located in Atlanta, Austin, Baltimore, Boston, Brooklyn, Charlotte, Chicago, Cincinnati, Cleveland, Dallas, Denver, Detroit, Fort Worth, Houston, Indianapolis, Kansas City, Los Angeles,Miami, Milwaukee, Minneapolis, Nashville, New York City, Oklahoma City, Orange County, Parsippany, Pasadena, Philadelphia, Phoenix, Pittsburgh, Portland, Richmond, Sacramento, San Antonio, San Francisco, Seattle, Silicon Valley, Stamford, St. Louis, Tampa, Tulsa and Washington, D.C.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are any statements that look to future events and include, but are not limited to, statements regarding our business strategy; trends, opportunities and risks affecting our business, industry and financial results; future expansion or growth plans and potential for future growth; and our plan to open additional sales offices and our ability to effectively execute such plan. In addition, forward-looking statements also consist of statements involving trend analyses and statements including such words as “anticipate,” “believe,” “could,” “expect,” “may,” “might,” “plan,” “possible,” “potential,” “project,” “should,” “would,” and similar expressions or the negative of such terms or other comparable terminology. These forward-looking statements speak only as of the date hereof and are subject to business and economic risks. As such, our actual results may differ materially from those set forth in the forward-looking statements as a result of the factors discussed in our filings with the Securities and Exchange Commission, including but not limited to those discussed in our Annual Report on Form 10-K for the year ended December 31, 2016. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

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.