Paychex Named a Leader in Payroll Services by NelsonHall
10 11월 2023 - 1:00AM
Business Wire
Paychex Flex® recognized as a Leader in Digital
Payroll and Payroll Plus for extended HR services
NelsonHall, a global analyst and research firm, has once again
identified Paychex, Inc., a leading provider of integrated human
capital management software solutions for human resources, employee
benefits, insurance services, and payroll, as a “Leader” in its
2023 NelsonHall Vendor Evaluation and Assessment Tool (NEAT) report
for payroll service providers.
This is the seventh consecutive time Paychex has been positioned
in the upper right quadrant of the NEAT graph with a leader
designation featuring Paychex Flex®, the company’s cloud-based SaaS
solution. The NEAT allows buyers to assess the capabilities of
payroll vendors across a range of criteria and business situations
to identify the best-performing vendors.
Liz Rennie, NelsonHall’s HR technology & services research
director, said, “Paychex is a Leader in the Digital Payroll
Capability and Payroll Plus (Extended HR) market segments. It
offers responsive customer service alongside robust payroll
technology that is easy to use. Paychex clients benefit from
payroll insights, accuracy and timeliness, as well as positive
employee experiences. Its live agent experience, payroll
interactive walkthroughs, and flexibility of notifications are
examples of its payroll innovations.”
NelsonHall’s 2023 NEAT report evaluated 15 payroll services
vendors based on two criteria: (1) the ability to deliver immediate
client benefits and (2) the ability to meet clients’ future
requirements. Paychex was positioned highly in the “Leader”
category, fulfilling both criteria when evaluated for Digital
Payroll Capability and Payroll Plus (Extended HR) Capability.
“It’s an honor to be recognized again by NelsonHall for
delivering innovative technology that is enabling business leaders
to focus on the bigger picture through productivity gains and
optimized workflows,” said Tom Hammond, Paychex vice president of
corporate strategy and product management. “Payroll is just one of
the many areas of HR technology we are focused on when it comes to
Paychex Flex. We’re continuously anticipating the challenges that
businesses face to design, develop, and implement the right
solutions to help them succeed.”
According to the American Payroll Association’s 2023 “Getting
Paid in America” survey, just over 41% of respondents said it would
be very difficult to meet current financial obligations if their
next paycheck were delayed by a week, with 29% of respondents
saying it would be somewhat difficult. Over the past year, Paychex
has enhanced several payroll-centric features within the company’s
comprehensive HCM platform Paychex Flex to drive payroll
transparency, accuracy, and efficiency for payroll administrators
and self-service capabilities for employees.
Visit paychex.com to learn more about the Paychex suite of
solutions, including payroll.
About Paychex
Paychex, Inc. (Nasdaq: PAYX) is an industry-leading HCM company
delivering a full suite of technology and advisory services in
human resources, employee benefit solutions, insurance, and
payroll. The company serves approximately 740,000 customers in the
U.S. and Europe and pays one out of every 12 American private
sector employees. The more than 16,000 people at Paychex are
committed to helping businesses succeed and building thriving
communities where they work and live. To learn more, visit
paychex.com.
About NelsonHall
NelsonHall is the leading global analyst firm dedicated to
helping organizations understand the 'art of the possible' in
digital operations transformation. NelsonHall provides buy-side
organizations with detailed, critical information on markets and
vendors (including NEAT assessments) that helps them make fast and
highly informed sourcing decisions. And for vendors, NelsonHall
provides deep knowledge of market dynamics and user requirements to
help them hone their go-to-market strategies. NelsonHall’s research
is based on rigorous, all-original research, and is widely
respected for the quality, depth, and insight of its analysis.
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version on businesswire.com: https://www.businesswire.com/news/home/20231109390375/en/
Media Chelsea Wernick Public Relations Program Manager II
Office: (585) 216-2974 cwernick@paychex.com @Paychex
Paychex (NASDAQ:PAYX)
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