Paycom Software (PAYC) risk factors
Item 1A of every Paycom Software, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors42 risks3 new2 dropped8 reworded
New risks emphasize international privacy laws, AI regulation, and money-transmitter licensing requirements affecting Paycom’s payments business.
Filed Feb 19, 2026 - FY2024 10-K risk factors41 risks
Paycom faces core risks around data security of sensitive employee payroll information stored across its three redundant data centers in Oklahoma and Texas. The company depends heavily on founder and CEO Chad Richison and must continuously innovate its HCM software to compete with major players like ADP and Intuit. International expansion and automation initiatives introduce complex regulatory, compliance, and technological challenges.
Filed Feb 20, 2025