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Paycom Ranks No. 6 on Fortune’s 100 Fastest-Growing Companies List

Paycom is the highest-ranking software company on this year’s list.

OKLAHOMA CITY – Paycom Software, Inc. (“Paycom”) (NYSE:PAYC), a leading provider of comprehensive, cloud-based human capital management (HCM) software, today announced it has been named the sixth fastest-growing company on Fortune magazine’s 2019 100 Fastest-Growing Companies list of domestic and foreign publicly traded companies. It is the only HCM provider in this year’s rankings.

A three-year honoree on Fortune’s annual list, Paycom landed above other technology companies such as Adobe, Amazon, Facebook and Salesforce. The Oklahoma City-based payroll and HR software provider is one of only two Oklahoma companies awarded a spot among this year’s group.

“We are focused on expanding the value we deliver to our clients,” said Paycom’s founder and chief executive officer, Chad Richison. “As our clients realize a greater return on their investments, they are telling their friends and driving more businesses to the Paycom solution. We believe we are in the early stages of a new era of innovation for our industry and are excited to be leading the way.”

Each organization’s overall rank on Fortune’s 100 Fastest-Growing Companies list was determined on three areas of performance over a three-year period, ending June 28, 2019: average annual revenue growth, average increase in earnings per share and total stock return. According to Fortune, the list provides a snapshot of trends driving the global economy, such as the continued ascendance of the technology sector, which makes up nearly one-third of this year’s honorees.

Some of Paycom’s 2019 highlights include second-quarter revenue of $169.3 million, up 31% from the prior-year period; releasing two new products, Ask Here and Direct Data Exchange® ; and various community-oriented outreach projects.

To learn more about Fortune magazine’s 2019 100 Fastest-Growing Companies list, click here.


©2019 FORTUNE Media IP Limited All rights reserved. Used under license.

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.