Paychex: Paycor Acquisition & HCM Market Dynamics
Former Manager at Paychex
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Paychex: Paycor Acquisition & HCM Market Dynamics(July 15, 2025)
Former Manager at Paychex
Interview Transcript
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So, was the Community product just all smoke and mirrors? They talked about it as if it was the best thing ever during Covid, but I thought it was overrated.
If you're in the industry for any length of time, here's the secret. If anything is good, everyone copies it within 18 months. If it's not, nobody copies it. Nobody else has Community. There's a Facebook for business so if somebody brought it up we could say we partner with Facebook for business but it never comes up. It's never been used as an objection in a sales process in terms of "Paylocity has Community, what do you guys have?" If it was an issue everyone would copy it quickly because it's a copycat market.
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