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Oklahoma City, Oklahoma-based Paycom Software, Inc. (PAYC) provides cloud-based human capital management (HCM) solutions delivered as software-as-a-service for small to mid-sized companies. Valued at a market cap of $11.9 billion, the company offers functionality and data analytics that businesses need to manage their employment life cycle from recruitment to retirement.
Companies worth $10 billion or more are generally described as “large-cap” stocks, and Paycom fits right into that category, with its market cap exceeding this threshold. The software company distinguishes itself as one of the first companies to offer a fully online payroll service. Its application removes HR professionals from the administrative work of data entry, freeing them to focus on strategy that drives business forward.
