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Paychex says ‘well positioned to win in AI’

In an “AI as a Catalyst for Growth and Opportunity” presentation posted to its website, Paychex (PAYX) said: “AI is embedded across our solutions and operations, transforming how we serve our customers” and added that early AI initiatives “demonstrate strong potential.” The firm argues that scaling these efforts will position it to drive revenue growth, improve margins and increase client retention.

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