Paychex Among Apps Top 500

911 Panorama Trail S.

Rochester, NY, 14625-0397, USA

+1 855-263-1021

https://www.paychex.com/

134

Paychex Recent Developments

Total service revenue increased 6% to $798.6 million for the fourth quarter and 7% to $3.2 billion for the fiscal year 2017, compared to the respective periods last year. Paychex has approximately 605,000 clients nationwide.

Paychex Key Enterprise & Cloud Applications

Paychex,

SCORES Analysis

Paychex Strengths

Paychex has evolved from a payroll service bureau to a full-blown HR and payroll applications provider.

Total service revenue increased 6% to $798.6 million for the fourth quarter and 7% to $3.2 billion for the fiscal year 2017.

In 2014 it acquired Nettime for time and attendance apps following its earlier purchase of myStaffingPro for applicant tracking, and Icon Time Systems for time and attendance for small businesses.

Paychex has more than 600,000 clients nationwide.

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  • Key differentiators
  • Domain Expertise
  • Product portfolio
  • Solution scope

Paychex Revenues, $M:

Type/Year 2015 2016 YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Paychex Revenue Breakdown By Type, $M:

Type License Services Hardware Support & Maintenance SaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

Paychex Revenues By Region, $M

Region % of Total Revenues 2016 Total Revenues, $M 2016 Enterprise Applications Revenues, $M 2016 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Paychex Direct vs Indirect sales

Region Direct Sales Indirect Sales Total
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Paychex Customers

No. of Customers: Subscribe

No. of Enterprise Applications Customers: Subscribe

No. of Cloud Customers: Subscribe

No. of Cloud Subscribers: Subscribe

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  • Reference wins across regions
  • Customer Size segments
  • Customer wins momentum

Paychex Opportunities

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  • Market Opportunities at the vertical and subvertical levels
  • Mergers and Acquisitions (M&A), Funding
  • Geo Expansions

Paychex Risks

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  • Ability to handle internal and external risk and challenges

Paychex Ecosystem

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  • Health of ecosystem
  • Network Effects of BPO, ISV, SI
  • VAR Partners
  • Direct vs Indirect sales

Paychex Cloud Infrastructure Insights

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  • Cloud Infrastructure (IaaS)
  • Cloud Platform (PaaS)
  • Cloud Application delivery (SaaS)
  • Data Center (Hosting)

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).




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