Market Summary
USD263.82-4.66
Delayedas of 21 Sep 2023, 12:48 pm-1.74%
PAYC Alerts
PAYC Stock Price
PAYC RSI Chart
PAYC Valuation
PAYC Price/Sales (Trailing)
PAYC Profitability
PAYC Fundamentals
PAYC Revenue
PAYC Earnings
Price Action
52 Week Range
262.12374.04
(Low)(High)
Last 7 days
-3.9%
Last 30 days
-5.3%
Last 90 days
-12.5%
Trailing 12 Months
-22.6%
PAYC Financial Health
PAYC Investor Care
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Net sales
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Latest Insider Trading transactions for PAYC
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-08 | Clark Jason D. | sold | -37,356 | 287 | -130 | - |
2023-09-07 | Boelte Craig E. | gifted | - | - | -2,000 | chief financial officer |
2023-08-10 | Thomas Christopher Gene | sold | -92,816 | 290 | -320 | sevp of operations |
2023-07-12 | Richison Chad R. | gifted | - | - | -895 | president and ceo |
2023-07-12 | Richison Chad R. | gifted | - | - | 895 | president and ceo |
2023-07-05 | DUQUES HENRY C | gifted | - | - | -2,115 | - |
2023-05-25 | Clark Jason D. | sold | -119,966 | 278 | -430 | - |
2023-05-15 | LEVENSON ROBERT J | acquired | - | - | 33.00 | - |
2023-05-15 | WATTS J C JR | acquired | - | - | 33.00 | - |
2023-05-15 | PETERS FREDERICK C II | acquired | - | - | 33.00 | - |
Which funds bought or sold PAYC recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | added | 38.18 | 7,697 | 24,418 | -% |
2023-09-12 | Prosperity Wealth Management, Inc. | new | - | 295,862 | 295,862 | 0.19% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | unchanged | - | 103 | 1,927 | -% |
2023-09-07 | Strategic Financial Concepts, LLC | unchanged | - | 17,834 | 332,484 | 0.12% |
2023-09-05 | Covenant Partners, LLC | reduced | -1.00 | 12,564 | 285,261 | 0.10% |
2023-09-01 | Portside Wealth Group, LLC | new | - | 565,062 | 565,062 | 0.10% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 439 | 2,225 | -% |
2023-08-24 | Alberta Investment Management Corp | added | 3.00 | 153,913 | 1,894,670 | 0.02% |
2023-08-23 | Stonebridge Capital Advisors LLC | added | 0.09 | 18,901 | 349,056 | 0.04% |
2023-08-22 | COMERICA BANK | new | - | 34,000 | 34,000 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
PAYC Alerts
Schedule 13G FIlings of Paycom Software
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Aug 11, 2023 | richison chad r. | 6.1% | 3,670,999 | SC 13D/A | |
| Feb 09, 2023 | vanguard group inc | 9.63% | 5,782,895 | SC 13G/A | |
| Feb 03, 2023 | blackrock inc. | 8.3% | 4,811,106 | SC 13G/A | |
| Nov 18, 2022 | richison chad r. | 6.1% | 3,670,999 | SC 13D/A | |
| Feb 15, 2022 | richison chad r. | 6.1% | 3,670,999 | SC 13D/A | |
| Feb 14, 2022 | price t rowe associates inc /md/ | 3.5% | 2,103,618 | SC 13G/A | |
| Feb 03, 2022 | blackrock inc. | 8.9% | 5,360,203 | SC 13G/A | |
| Feb 16, 2021 | price t rowe associates inc /md/ | 6.3% | 3,732,750 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 9.16% | 5,358,909 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 8.6% | 5,059,977 | SC 13G/A |
Recent SEC filings of Paycom Software
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 12, 2023 | 4 | Insider Trading | |
| Sep 11, 2023 | 4 | Insider Trading | |
| Aug 11, 2023 | SC 13D/A | 13D - Major Acquisition | |
| Aug 11, 2023 | 4 | Insider Trading | |
| Aug 10, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 03, 2023 | 10-Q | Quarterly Report | |
| Aug 01, 2023 | 8-K | Current Report | |
| Aug 01, 2023 | 8-K | Current Report | |
| Jul 31, 2023 | 8-K | Current Report | |
| Jul 20, 2023 | 8-K | Current Report |
PAYC Fair Value
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Peers (Alternatives to Paycom Software)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MSFT | 2.4T | 211.9B | -0.34% | 32.68% | 32.95 | 11.25 | 6.88% | -0.52% |
ADBE | 244.3B | 18.4B | 2.94% | 84.08% | 50.33 | 13.26 | 10.40% | -0.72% |
AZPN | - | - | 6.28% | -9.18% | - | - | - | - |
ORCL | 309.2B | 51.0B | -3.19% | 66.57% | 32.97 | 6.07 | 15.41% | 61.40% |
CRM | 207.7B | 33.1B | 1.91% | 42.21% | 131.63 | 6.28 | 14.81% | 194.40% |
ZM | 20.6B | 4.5B | 2.27% | -10.75% | 145.2 | 4.61 | 3.92% | -85.69% |
| MID-CAP | ||||||||
APPN | 3.2B | 506.6M | -3.17% | -3.38% | -20.53 | 6.39 | 20.13% | -27.36% |
MANH | 12.5B | 848.2M | 8.36% | 49.82% | 85.66 | 14.74 | 19.21% | 23.01% |
GWRE | 7.5B | 905.3M | 14.53% | 50.63% | -48.14 | 8.25 | 11.41% | -3.11% |
| SMALL-CAP | ||||||||
ZUO | 1.2B | 415.3M | -14.61% | 14.34% | -6.22 | 2.8 | 11.66% | -68.02% |
YEXT | 775.3M | 403.2M | -26.56% | 32.06% | -32.36 | 1.92 | 0.77% | 74.48% |
UPLD | 130.6M | 309.9M | 60.32% | -54.23% | -0.71 | 0.42 | -0.26% | -219.50% |
Paycom Software News
Returns for PAYC
Cumulative Returns on PAYC
27.9%
7-Year Cumulative Returns
11.8%
5-Year Cumulative Returns
-0.6%
3-Year Cumulative Returns
Risks for PAYC
What is the probability of a big loss on PAYC?
87.3%
Probability that Paycom Software stock will be more than 20% underwater in next one year
58.5%
Probability that Paycom Software stock will be more than 30% underwater in next one year.
34.6%
Probability that Paycom Software stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does PAYC drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Paycom Software was unfortunately bought at previous high price.
Drawdowns
Financials for Paycom Software
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 5.7% | 1,558 | 1,473 | 1,375 | 1,290 | 1,212 | 1,137 | 1,056 | 991 | 932 | 871 | 841 | 814 | 792 | 780 | 738 | 695 | 653 | 612 | 566 | 530 | 498 |
| S&GA Expenses | 6.2% | 883 | 831 | 784 | 748 | 713 | 677 | 640 | 622 | 583 | 550 | 532 | 484 | 451 | 417 | 402 | 380 | 357 | 331 | 302 | 277 | 264 |
| R&D Expenses | 7.7% | 172 | 159 | 148 | 143 | 134 | 125 | 118 | 109 | 100 | 93.00 | 90.00 | 83.00 | 81.00 | 76.00 | 73.00 | 68.00 | 60.00 | 53.00 | 46.00 | 41.00 | 38.00 |
| EBITDA | -100.0% | - | 483 | 442 | 394 | 358 | 329 | 292 | - | - | 222 | 214 | 237 | 252 | 276 | 249 | 229 | 214 | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.33* | 0.32* | 0.31* | 0.30* | 0.29* | 0.28* | - | - | 0.25* | 0.25* | 0.29* | 0.32* | 0.35* | 0.34* | 0.33* | 0.33* | - | - | - | - |
| Interest Expenses | 7.9% | 3.00 | 3.00 | 3.00 | 2.00 | 1.00 | 1.00 | 0.00 | - | - | - | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Earnings Before Taxes | 4.7% | 448 | 428 | 390 | 346 | 314 | 288 | 256 | 223 | 213 | 193 | 186 | 210 | 227 | 252 | 226 | 208 | 194 | 185 | 175 | 167 | 152 |
| EBT Margin | -100.0% | - | 0.29* | 0.28* | 0.27* | 0.26* | 0.25* | 0.24* | 0.22* | 0.23* | 0.22* | 0.22* | 0.26* | 0.29* | 0.32* | 0.31* | - | - | - | - | - | - |
| Net Income | 2.3% | 316 | 309 | 281 | 250 | 228 | 223 | 196 | 172 | 169 | 145 | 143 | 164 | 176 | 196 | 181 | 167 | 156 | 143 | 137 | 155 | 147 |
| Net Income Margin | -100.0% | - | 0.21* | 0.20* | 0.19* | 0.19* | 0.20* | 0.19* | 0.17* | 0.18* | 0.17* | 0.17* | 0.20* | 0.22* | 0.25* | 0.24* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 255 | 232 | 200 | 216 | 217 | 199 | 175 | 162 | 141 | 133 | 127 | 98.00 | 122 | 131 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -6.8% | 3,951 | 4,242 | 3,903 | 3,315 | 4,892 | 5,445 | 3,215 | 4,218 | 3,233 | 3,407 | 2,608 | 2,485 | 1,922 | 2,310 | 2,487 | 1,592 | 1,826 | 2,063 | 1,522 | 1,468 | 1,419 |
| Current Assets | -11.3% | 2,708 | 3,055 | 2,764 | 2,228 | 3,848 | 4,434 | 2,252 | 3,313 | 2,357 | 2,624 | 1,865 | 1,778 | 1,240 | 1,652 | 1,871 | 1,013 | 1,288 | 1,549 | 1,065 | 1,038 | 1,002 |
| Cash Equivalents | 6.1% | 537 | 506 | 401 | 317 | 279 | 361 | 1,813 | 231 | 202 | 215 | 152 | 156 | 114 | 182 | 1,642 | 108 | 95.00 | 91.00 | 986 | 85.00 | 55.00 |
| Inventory | -1.5% | 1.00 | 1.00 | 2.00 | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 |
| Net PPE | 5.7% | 445 | 421 | 402 | 384 | 375 | 363 | 349 | 329 | 321 | 302 | 285 | 276 | 267 | 254 | 238 | 224 | 196 | 188 | 177 | 168 | 165 |
| Goodwill | 0% | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 | 52.00 |
| Liabilities | -12.5% | 2,545 | 2,907 | 2,720 | 2,238 | 3,898 | 4,436 | 2,321 | 3,393 | 2,441 | 2,661 | 1,952 | 1,853 | 1,336 | 1,710 | 1,960 | 1,117 | 1,391 | 1,664 | 1,187 | - | - |
| Current Liabilities | -14.8% | 2,187 | 2,565 | 2,377 | 1,898 | 3,568 | 4,113 | 1,990 | 3,086 | 2,145 | 2,426 | 1,718 | 1,628 | 1,117 | 1,498 | 1,754 | 918 | 1,201 | 1,484 | 1,029 | 958 | 947 |
| LT Debt, Current | - | - | - | - | - | - | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| LT Debt, Non Current | 0% | 29.00 | 29.00 | 29.00 | 29.00 | 29.00 | 27.00 | 27.00 | 28.00 | 28.00 | 29.00 | 29.00 | 30.00 | 30.00 | 30.00 | 31.00 | 31.00 | 32.00 | 32.00 | 33.00 | 33.00 | 33.00 |
| Shareholder's Equity | 5.4% | 1,407 | 1,334 | 1,183 | 1,076 | 994 | 1,009 | 894 | 825 | 792 | 745 | 656 | 632 | 586 | 600 | 527 | 475 | 435 | 399 | 335 | 360 | 330 |
| Retained Earnings | 3.2% | 1,358 | 1,316 | 1,197 | 1,117 | 1,065 | 1,008 | 916 | 867 | 837 | 784 | 720 | 695 | 668 | 639 | 576 | 531 | 492 | 443 | 396 | 364 | 335 |
| Additional Paid-In Capital | 6.7% | 650 | 609 | 577 | 550 | 518 | 490 | 466 | 441 | 410 | 384 | 358 | 322 | 300 | 276 | 258 | 251 | 246 | 240 | 204 | 198 | 193 |
| Shares Outstanding | 0.1% | 58.00 | 58.00 | 58.00 | 58.00 | 58.00 | 58.00 | 58.00 | 58.00 | 58.00 | 58.00 | 58.00 | 58.00 | 58.00 | 58.00 | 58.00 | 58.00 | 58.00 | 57.00 | 57.00 | 58.00 | 58.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 13.7% | 448 | 394 | 365 | 326 | 342 | 347 | 319 | 283 | 266 | 235 | 227 | 222 | 209 | 226 | 224 | 215 | 208 | 208 | 185 | 184 | 175 |
| Share Based Compensation | 11.0% | 112 | 101 | 95.00 | 92.00 | 96.00 | 96.00 | 98.00 | 110 | 100 | 98.00 | 90.00 | 63.00 | 48.00 | 32.00 | 47.00 | 46.00 | 46.00 | 44.00 | 37.00 | 38.00 | 47.00 |
| Cashflow From Investing | -2361.0% | -84.15 | 4.00 | -23.29 | -225 | -230 | -332 | -257 | 16.00 | 22.00 | 73.00 | -117 | -339 | -362 | -385 | -219 | -41.19 | -35.07 | -42.12 | -49.42 | -93.75 | -95.01 |
| Cashflow From Financing | 12.3% | -1,457 | -1,661 | 255 | -1,317 | 1,265 | 1,579 | 166 | 1,338 | 918 | 798 | -165 | 606 | -174 | -45.90 | 651 | -173 | 121 | 181 | -247 | 4.00 | -6.53 |
| Dividend Payments | - | 43.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Buy Backs | - | - | - | 95.00 | - | 189 | - | - | - | - | - | 52.00 | 69.00 | 104 | 32.00 | - | - | - | - | 105 | 80.00 | 83.00 |
PAYC Income Statement
2023-06-30Unaudited Consolidated Statements of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Revenues | ||||
| Total revenues | $ 401,139 | $ 316,924 | $ 852,776 | $ 670,443 |
| Cost of revenues | ||||
| Operating expenses | 54,617 | 39,604 | 107,702 | 78,096 |
| Depreciation and amortization | 12,811 | 10,478 | 24,958 | 20,470 |
| Total cost of revenues | 67,428 | 50,082 | 132,660 | 98,566 |
| Administrative expenses | ||||
| Sales and marketing | 106,435 | 87,724 | 210,009 | 162,720 |
| Research and development | 49,118 | 36,803 | 91,787 | 68,408 |
| General and administrative | 75,965 | 57,912 | 141,570 | 118,416 |
| Depreciation and amortization | 14,927 | 12,090 | 29,052 | 23,753 |
| Total administrative expenses | 246,445 | 194,529 | 472,418 | 373,297 |
| Total operating expenses | 313,873 | 244,611 | 605,078 | 471,863 |
| Operating income | 87,266 | 72,313 | 247,698 | 198,580 |
| Interest expense | (602) | (354) | (1,439) | (569) |
| Other income (expense), net | 6,183 | 878 | 12,187 | 2,290 |
| Income before income taxes | 92,847 | 72,837 | 258,446 | 200,301 |
| Provision for income taxes | 28,331 | 15,482 | 74,634 | 51,016 |
| Net income | $ 64,516 | $ 57,355 | $ 183,812 | $ 149,285 |
| Earnings per share, basic | $ 1.11 | $ 0.99 | $ 3.17 | $ 2.57 |
| Earnings per share, diluted | $ 1.11 | $ 0.99 | $ 3.17 | $ 2.57 |
| Weighted average shares outstanding: | ||||
| Basic | 57,920 | 57,969 | 57,895 | 57,992 |
| Diluted | 58,033 | 58,067 | 58,050 | 58,186 |
| Comprehensive earnings (loss): | ||||
| Net income | $ 64,516 | $ 57,355 | $ 183,812 | $ 149,285 |
| Unrealized net gains (losses) on available-for-sale securities | (235) | (654) | 815 | (2,176) |
| Tax effect | 95 | 173 | (105) | 576 |
| Other comprehensive income (loss), net of tax | (140) | (481) | 710 | (1,600) |
| Comprehensive earnings (loss) | 64,376 | 56,874 | 184,522 | 147,685 |
| Recurring [Member] | ||||
| Revenues | ||||
| Total revenues | 394,522 | 311,534 | 838,943 | 659,698 |
| Implementation and Other [Member] | ||||
| Revenues | ||||
| Total revenues | $ 6,617 | $ 5,390 | $ 13,833 | $ 10,745 |
PAYC Balance Sheet
2023-06-30Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 536,545 | $ 400,730 |
| Accounts receivable | 16,193 | 22,843 |
| Prepaid expenses | 43,093 | 34,056 |
| Inventory | 874 | 1,607 |
| Income tax receivable | 1,938 | 5,583 |
| Deferred contract costs | 107,059 | 96,378 |
| Current assets before funds held for clients | 705,702 | 561,197 |
| Funds held for clients | 2,002,492 | 2,202,975 |
| Total current assets | 2,708,194 | 2,764,172 |
| Property and equipment, net | 444,992 | 402,448 |
| Intangible assets, net | 52,064 | 54,017 |
| Goodwill | 51,889 | 51,889 |
| Long-term deferred contract costs | 623,751 | 567,974 |
| Other assets | 70,451 | 62,013 |
| Total assets | 3,951,341 | 3,902,513 |
| Current liabilities: | ||
| Accounts payable | 8,485 | 16,054 |
| Accrued commissions and bonuses | 21,879 | 28,439 |
| Accrued payroll and vacation | 49,977 | 45,023 |
| Deferred revenue | 21,343 | 19,825 |
| Accrued expenses and other current liabilities | 78,889 | 59,990 |
| Current liabilities before client funds obligation | 180,573 | 169,331 |
| Client funds obligation | 2,006,154 | 2,207,706 |
| Total current liabilities | 2,186,727 | 2,377,037 |
| Deferred income tax liabilities, net | 142,956 | 141,033 |
| Long-term deferred revenue | 102,890 | 97,591 |
| Long-term debt | 29,000 | 29,000 |
| Other long-term liabilities | 83,083 | 75,245 |
| Total long-term liabilities | 357,929 | 342,869 |
| Total liabilities | 2,544,656 | 2,719,906 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Common stock, $0.01 par value (100,000 shares authorized, 62,640 and 62,518 shares issued at June 30, 2023 and December 31, 2022, respectively; 57,949 and 57,867 shares outstanding at June 30, 2023 and December 31, 2022, respectively) | 626 | 625 |
| Additional paid-in capital | 649,965 | 576,622 |
| Retained earnings | 1,358,059 | 1,196,968 |
| Accumulated other comprehensive earnings (loss) | (2,993) | (3,703) |
| Treasury stock, at cost (4,691 and 4,651 shares at June 30, 2023 and December 31, 2022, respectively) | (598,972) | (587,905) |
| Total stockholders’ equity | 1,406,685 | 1,182,607 |
| Total liabilities and stockholders’ equity | $ 3,951,341 | $ 3,902,513 |
Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. It offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. The company's HCM solution provides a suite of applications in the areas of talent acquisition, including applicant tracking, candidate tracker, background checks, on-boarding, e-verify, and tax credit services; and time and labor management, such as time and attendance, scheduling/schedule exchange, time-off requests, labor allocation, labor management reports/push reporting, and geofencing/geotracking, and Microfence, a proprietary Bluetooth. Its HCM solution also offers payroll applications comprising better employee transaction interface, payroll and tax management, Paycom pay, expense management, mileage tracker/fixed and variable rates, garnishment management, and GL concierge applications; and talent management applications that include employee self-service, compensation budgeting, performance management, position management, and Paycom learning and content subscriptions, as well as my analytics, which offer employment predictor reporting. In addition, its HCM solution provides manager on-the-go that gives supervisors and managers the ability to perform a variety of tasks, such as approving time-off requests and expense reimbursements; direct data exchange; ask here, a tool for direct line of communication to ask work-related questions; document and checklist; government and compliance; benefits administration/benefits to carrier; COBRA administration; personnel action and performance discussion forms; surveys; and affordable care act applications, as well as Clue, which securely collect, track, and manage the vaccination and testing data of the workforce. Paycom Software, Inc. was founded in 1998 and is headquartered in Oklahoma City, Oklahoma.