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New Study Demonstrates Benefits of Paycom's Automated, Single Software

1. Paycom's TEI study shows clients gained a 362% ROI over three years. 2. The findings emphasize Paycom's automation benefits and strengthen its market position.

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Why Bullish?

The positive findings from the Forrester study indicate strong client satisfaction and financial benefits, which can enhance Paycom's attractiveness to investors. Historical examples, like similar studies leading to stock price increases for SaaS companies, suggest that such reports can lead to bullish market sentiment.

How important is it?

The Forrester study provides credible data that enhances Paycom’s competitive edge, making it crucial for market perception and future performance. Clients' positive ROI might encourage new customer acquisitions and growth opportunities.

Why Long Term?

The long-term benefits demonstrated by the TEI report could lead to sustained customer acquisition and retention, potentially improving Paycom's market position and revenues over time. Similar studies conducted for other tech firms have shown sustained growth following positive economic impact evaluations.

Related Companies

OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, revealed findings from a study conducted by Forrester Consulting on the potential benefits gained through Paycom's full-solution automation and single-database software.* According to the Forrester Total Economic Impact™ (TEI) study, a composite organization representative of interviewed Paycom clients experienced a three-year 362% re.

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