Competitive AdvantageThe effective cross-pollination of modules across the two primary HCM platforms could make each potentially more competitive in their target markets.
Market ExpansionThe deal opens up the mid-market to Paychex and expands Paychex’s total addressable market from $90 billion to $100 billion.
Product SynergiesThe acquisition combines Paychex's broad portfolio with Paycor's upmarket strength, enhancing customer coverage, expanding growth opportunities through strategic partnerships, and driving innovation with advanced technology, data, and AI solutions to better serve businesses across all segments.