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Paychex PAYX

TechnologyValuation $48B2 connections

Paychex provides payroll, HR, and benefits administration to 740,000+ small and mid-size US businesses. It processes payroll for 1 in 12 US private sector employees. Switching payroll providers is painful enough that Paychex retains 80%+ of clients annually. Its HR advisory services add stickiness.

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Partners 2

Strategic partnerships, joint products and alliances

  • MicrosoftTechnology · $2.8TPaychex integrates with Microsoft Teams HR
  • ADPTechnology · $105BADP vs Paychex - duopoly in US payroll

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Relationships are compiled by VexMap from company filings, announcements and reporting, and last reviewed September 2026. Spotted something wrong? Tell us. Not investment advice.