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Paycom Announces Latest Expansion in Columbus

OKLAHOMA CITY – Paycom Software, Inc. (“Paycom”) (NYSE:PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced the opening of its newest office in Columbus, Ohio.

“This further expands our presence in Ohio and marks our third new office of 2018, advancing our strategic plan of office openings,” said Paycom’s founder and chief executive officer, Chad Richison.

Paycom’s Columbus location is its third in the Buckeye State, joining existing locations in Cleveland and Cincinnati. A current Paycom sales manager will lead, hire and develop new sales talent to drive growth at the office and, as with existing offices, this office will also feature additional personnel for client relations and implementation.

“Our software continues to resonate with organizations across the country, and this office enables us to more effectively deliver our proprietary human capital management software and one-to-one service model to businesses in Columbus looking to better engage their largest asset: their workforce,” said Paycom’s chief sales officer, Jeff York.

Ranked second on Fortune magazine’s 100 Fastest-Growing Companies list for 2017 and fourth on Forbes’ Fast Tech 25 list the same year, Paycom now has sales offices located in Atlanta, Austin, Baltimore, Boston, Brooklyn, Charlotte, Chicago, Cincinnati, Cleveland, Columbus, Dallas, Denver, Detroit, Fort Worth, Houston, Indianapolis, Kansas City, Long Island, Los Angeles, Miami, Milwaukee, Minneapolis, Nashville, New York City, Oklahoma City, Orange County, Parsippany, Pasadena, Philadelphia, Phoenix, Pittsburgh, Portland, Richmond, Rochester, Sacramento, Salt Lake City, San Antonio, San Francisco, Seattle, Silicon Valley, St. Louis, Stamford, Tampa, Tulsa and Washington, D.C.

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 look to future events and include, but are not limited to, statements regarding our business strategy; trends, opportunities and risks affecting our business, industry and financial results; future expansion or growth plans and potential for future growth; and our plan to open additional sales offices and our ability to effectively execute such plan. 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,” “would,” “will,” 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 may 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, 2017. We do not undertake any obligation to update or revise any forward-looking statements to reflect events that occur or circumstances that exist after the date on which such statements were made, except to the extent required by law.

About Paycom
For 25 years, Paycom Software, Inc. (NYSE:PAYC) has simplified businesses and the lives of their employees through easy-to-use HR and payroll technology to empower transparency through direct access to their data. And thanks to its industry-first solution, Beti®, employees now do their own payroll and are guided to find and fix costly errors before payroll submission. From onboarding and benefits enrollment to talent management and more, Paycom’s software streamlines processes, drives efficiencies and gives employees power over their own HR information, all in a single app. Recognized nationally for its technology and workplace culture, Paycom can now serve businesses of all sizes in the U.S. and internationally.