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Paycom Achieves Background Screening Credentialing Council Accreditation

1. Paycom receives BSCC accreditation for compliance with employment screening standards. 2. This recognition enhances Paycom's credibility and trustworthiness in the market.

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Why Bullish?

The BSCC accreditation may lead to increased customer trust and potential growth in clients, similar to prior instances where accreditations boosted company revenues.

How important is it?

The accreditation may improve PAYC’s market position and potential customer acquisitions, impacting its stock positively.

Why Long Term?

Accredited status can solidify Paycom's market position over time, akin to how similar recognitions helped boost long-term performance for other tech firms.

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RALEIGH, N.C.--(BUSINESS WIRE)--The Professional Background Screening Association (PBSA®) Background Screening Credentialing Council (BSCC) announced today that Paycom has successfully demonstrated compliance with the Background Screening Organization Accreditation Program (BSOAP) and will now be formally recognized as BSCC-Accredited to the US Employment Screening Standard. "This achievement demonstrates we adhere to the industry's most stringent standards," said Matt Paque, chief legal office.

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