|
Paychex Incorporated, originally Paymaster, was founded in 1971 by Chair, President, and CEO Tom Golisano. The firm provides small and medium-sized businesses with human resources, benefits, and payroll services. Most of its clients have approximately 14 employees. All have fewer than 200 employees. Paychex provides customers with 401(k) recordkeeping, workers' compensation management, and payroll processing services. Its Paychex Administrative Services (PAS) supports human resource outsourcing. The firm acquired Advantage Payroll Services Incorporated in 2002, bringing the company 49,000 new clients. Paychex and its services have won recognition from 'FORTUNE,' 'Training,' 'Forbes,' 'BusinessWeek,' and 'The Wall Street Journal.' Paychex is based in Rochester, New York, and it maintains offices in 100 locations across the U.S. In 2002, the vendor generated $955 million in revenue.
|
Information Sources, Inc.