
Paycom is owned by Paycom Software, Inc., a publicly traded company listed on the NYSE under the ticker PAYC. The brand provides cloud-based payroll and human capital management software for American businesses, best known for Beti employee-driven payroll and a single-database platform covering the full employee lifecycle. Founded in 1998 by Chad Richison in Oklahoma City, it served approximately 39,200 clients as of the end of 2025.
Parent Company
Founded
1998
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Paycom | Paycom Software, Inc. | Brand division |
Chad Richison founded Paycom in Oklahoma City in 1998 after working in payroll sales at ADP, where he became convinced the industry needed cloud-based software rather than the batch-processing systems dominant at the time. He started the company with minimal capital, selling payroll services to Oklahoma businesses.
Through the 2000s Paycom expanded nationally while keeping operations centralized in Oklahoma City. Its defining architectural decision was building the entire platform on a single database, in contrast to competitors assembled through acquired point solutions, which became its central marketing claim.
Paycom went public on the NYSE in 2014 and grew into the mid-market, joining the S&P 500 in 2020. In 2021 it launched Beti, the employee-driven payroll tool that reframed payroll as something workers could verify themselves rather than a process owned entirely by HR departments. The company extended the automation strategy with the IWant AI query engine announced in 2024, allowing employees to retrieve data through natural language.
What does Paycom own?
Paycom owns the Paycom HCM platform and its proprietary products including Beti employee-driven payroll and the IWant AI query engine. It does not own separate consumer or business brands; everything operates under the Paycom name.
Is Paycom publicly traded?
Yes. Paycom trades on the NYSE under the ticker PAYC and is a member of the S&P 500. It went public in 2014.
Who founded Paycom?
Chad Richison founded Paycom in Oklahoma City in 1998 after working in payroll sales at ADP. He remains CEO and a significant individual shareholder.
Where is Paycom headquartered?
Paycom is headquartered in Oklahoma City, Oklahoma, where it maintains a large corporate campus housing its operations, product development and data centers.
Who owns Paycom?
Paycom is a widely held public company. Institutional investors hold most shares, and founder Chad Richison is a major individual shareholder who continues to lead the company as CEO.
How many clients does Paycom have?
Paycom served approximately 39,200 clients as of December 31, 2025, ranging from small businesses to large enterprises, with particular strength in the mid-market.
What is Beti?
Beti is Paycom's employee-driven payroll feature that lets workers review and approve their own paychecks before submission, automating corrections and reducing the payroll processing work employer HR teams traditionally perform.
Paycom has not faced major product recalls, data breaches or regulatory penalties. Its public controversies have been limited to workplace conduct matters and routine patent litigation common to enterprise software.
The brand draws criticism mainly from the SMB segment over pricing and sales tactics typical of the payroll industry, rather than from any systematic ethical or legal failures. Its regulatory standing is clean relative to competitors.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Adp | USA | 1949 | Mass market | Global | All Genders | |
| Ukg | United States | 2020 | Premium | Global | All Genders | |
| Paychex | USA | 1971 | Mass market | United states | All Genders | |
| Workday | USA | 2005 | Mass market | Global | All Genders | |
| Zenefits | USA | 2013 | Mass market | United states | All Genders | |
| Globalization Partners | USA | 2012 | Mass market | Global | All Genders |
Technology SoftwareOwned by Automatic Data Processing, Inc.
World's leading payroll and human capital management brand, paying roughly one in six U.S. workers for more than 1.1 million clients through its RUN, Workforce Now, and TotalSource platforms.
Technology SoftwareOwned by UKG Inc.
Human resources and workforce management software brand formed by the 2020 merger of Ultimate Software and Kronos, privately held and led by Hellman & Friedman.
Technology SoftwareOwned by Paychex, Inc.
Payroll and HR services brand of Paychex, Inc. (NASDAQ: PAYX), serving about 800,000 U.S. business clients.
Technology SoftwareOwned by Workday, Inc.
The flagship cloud HR and finance software brand of Workday, Inc., used by more than 11,500 organizations for HCM, payroll, and financial management.
Technology SoftwareOwned by TriNet Zenefits (YourPeople, Inc.)
Small business HR software brand founded in 2013, now owned by TriNet and folded into the TriNet HR Plus product line.
Technology SoftwareOwned by Globalization Partners, Inc.
Global employment platform offering employer of record services in more than 180 countries, founded in 2012 as Globalization Partners.
Market Positioning: Paycom competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Looking for brands with different ownership structures? These similar brands are not owned by Paycom Software, Inc., giving you alternative choices that support different corporate structures.
Technology SoftwareOwned by Zendesk, Inc.
Customer service software brand providing help desk, messaging and AI-powered support to 100,000+ businesses, privately owned since 2022.
Zendesk is privately owned, unlike Paycom which is under a publicly traded parent company.
Technology SoftwareOwned by TriNet Zenefits (YourPeople, Inc.)
Small business HR software brand founded in 2013, now owned by TriNet and folded into the TriNet HR Plus product line.
Zenefits is privately owned, unlike Paycom which is under a publicly traded parent company.
Technology SoftwareOwned by McAfee Corp.
Consumer cybersecurity brand selling antivirus, VPN and identity protection, privately held since a $14 billion 2022 buyout.
McAfee is privately owned, unlike Paycom which is under a publicly traded parent company.
Technology SoftwareOwned by UKG Inc.
Human resources and workforce management software brand formed by the 2020 merger of Ultimate Software and Kronos, privately held and led by Hellman & Friedman.
UKG is privately owned, unlike Paycom which is under a publicly traded parent company.
Technology SoftwareOwned by GoTo Technologies USA, Inc.
Cloud communications and IT support software brand behind GoTo Connect and LogMeIn Rescue, privately held by Francisco Partners and Elliott Investment Management.
GoTo is privately owned, unlike Paycom which is under a publicly traded parent company.
Technology SoftwareOwned by Hootsuite Inc.
Social media management dashboard used by millions of businesses, owned and developed by Hootsuite Inc., a private venture-backed company in Vancouver, Canada.
Hootsuite is privately owned, unlike Paycom which is under a publicly traded parent company.
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