OKLAHOMA CITY--(BUSINESS WIRE)--
Paycom Software, Inc. (“Paycom”) (NYSE:PAYC), a leading provider of
comprehensive, cloud-based human capital management software, released a
library of learning courses built into Paycom Learning, Paycom’s
Learning Management System (LMS), to help employers more easily educate
managers and employees on many foundational business topics.
“The positive feedback we have received from clients regarding this
content has been incredible,” said Paycom’s founder and CEO, Chad
Richison. “We look forward to designing, building and delivering even
more learning content to our LMS clients, and believe offering these
internally constructed courses will help drive further adoption of
Paycom Learning.”
All existing or new clients who enable Paycom Learning will have
immediate access to the content in Paycom’s learning library, allowing
employers to educate their managers and employees quickly and
consistently on topics relevant and necessary to employees and managers
alike.
These interactive and oftentimes required courses range from 20 to 45
minutes and come complete with videos, quizzes and additional training
materials. Employers can track the activity and success of these
trainings with pre-defined reports and a robust analytics dashboard,
helping to ensure employees review workplace compliance trainings.
Paycom Learning was launched in 2015, giving employers a central
knowledge base where employees can have unlimited access to customized
courses and allowing organizations the ability to measure professional
development progress all within Paycom’s single-database technology.
About Paycom
As a leader in payroll and HR technology, Oklahoma City-based Paycom
redefines the human capital management industry by allowing companies to
effectively navigate a rapidly changing business environment. Its
cloud-based software is based on a core system of record maintained in a
single database for all human capital management functions, providing
the functionality that businesses need to manage the complete employment
life cycle, from recruitment to retirement. Paycom has the ability to
serve businesses of all sizes and in every industry. As one of the
leading human capital management providers, Paycom serves clients in all
50 states from offices across the country.
Forward-Looking Statements
Certain statements in this press release are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements are any statements that refer to the
Company’s estimated or anticipated results, other non-historical facts
or future events and include, but are not limited to, statements
regarding our business strategy; anticipated future operating results
and operating expenses, cash flows, capital resources, dividends and
liquidity; trends, opportunities and risks affecting our business,
industry and financial results; future expansion or growth plans and
potential for future growth; our ability to attract new clients to
purchase our solution; our ability to retain clients and induce them to
purchase additional applications; our ability to accurately forecast
future revenues and appropriately plan our expenses; market acceptance
of our solution and applications; our expectations regarding future
revenues generated by certain applications; the impact of future
regulatory, judicial, or legislative changes; how certain factors
affecting our performance correlate to improvement or deterioration in
the labor market; our plan to open additional sales offices and our
ability to effectively execute such plan; the sufficiency of our
existing cash and cash equivalents to meet our working capital and
capital expenditure needs over the next 12 months; our ability to expand
our corporate headquarters within an expected timeframe; our plans
regarding our capital expenditures and investment activity as our
business grows, including with respect to research and development; our
expected income tax rate for future periods; our plans to purchase
shares of our common stock through a stock repurchase plan; and the
anticipated impact of recent hurricanes on our operating results in
future periods. In addition, forward-looking statements also consist of
statements involving trend analyses and statements including such words
as “anticipate,” “believe,” “could,” “expect,” “may,” “might,” “plan,”
“possible,” “potential,” “project,” “should,” “would,” and similar
expressions or the negative of such terms or other comparable
terminology. These forward-looking statements speak only as of the date
hereof and are subject to business and economic risks. As such, our
actual results could differ materially from those set forth in the
forward-looking statements as a result of the factors discussed in our
filings with the Securities and Exchange Commission, including but not
limited to those discussed in our Annual Report on Form 10-K for the
year ended December 31, 2016. We do not undertake any obligation to
update or revise the forward-looking statements to reflect events or
circumstances that exist after the date on which such statements were
made, except to the extent required by law.
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Source: Paycom Software, Inc.