Paycom Software Inc (NYSE: PAYC) is a human capital management software company that delivers a single-database, cloud-based platform for payroll, HR, talent management, and workforce administration. Revenue comes primarily from recurring software subscription fees charged to employers, scaled to employee headcount and modules used. The 10-K filed 2026-02-19 (accession 000119312526059372) for the fiscal year ended December 31, 2025 confirms Paycom operates as a SaaS provider serving U.S.-based businesses. The filing excerpts provided do not contain sufficient detail to specify segment revenue breakdowns, customer counts, named competitors, or leadership tenure, so those details are omitted here. Paycom's single-database architecture creates switching costs: migrating payroll and HR data to a competing system carries meaningful operational risk and cost for customers, which supports recurring revenue retention. The company is headquartered in Oklahoma City, Oklahoma.
Source: SEC 10-K, filed 2026-02-19
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