Investment Thesis
Global human capital management market is estimated to grow from $16.7 Billion in 2019 to $26.5 Billion by 2024, at a CAGR of 9.7%. With its in-house built software and unique platform, Paycom Software (PAYC) has introduced a futuristic human capital management software - one seamless product which is used for both data entry and data retrieval, wherein the data is input only once at the source where it originates, and is easy to use for everyone. Thanks to Paycom's all-in-one solution that runs on a single database in the cloud, eliminating the