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Paychex Wins Two 2026 Lighthouse Tech Awards

MWN-AI** Summary

Paychex, Inc. (Nasdaq: PAYX), a leader in human capital management (HCM), has been recognized with two prestigious Lighthouse Tech Awards for its innovative platforms, Paychex Flex® and Paycor®. The awards celebrate excellence in the core HR and workforce category, with Paychex Flex awarded for the Best Small Business-focused Solution and Paycor honored for the Best Midsize Business-focused Solution. These accolades highlight the company's commitment to addressing critical customer needs in the HR technology landscape.

According to Ben Eubanks, Chief Research Officer at Lighthouse Research & Advisory, the winners of this year's awards stand out not merely due to technological hype, but rather through practical innovations that provide measurable value in various HR functions, including hiring, development, performance, and retention. The selection process involved a rigorous evaluation by industry analysts and subject matter experts across five key areas, emphasizing the real-world solutions these technologies offer.

Paychex is moving towards an AI-powered approach, transitioning from traditional user-directed experiences to smarter, more intuitive solutions. The company's recent innovations in Paychex Flex and Paycor aim to democratize access to enterprise-grade technology, enhancing workforce management and aligning it more effectively with business needs.

Ryan Bergstrom, Chief Product Officer at Paychex, expressed pride in the recognition, emphasizing that these AI-powered innovations streamline HR processes and drive greater efficiency for customers. As Paychex continues to redefine HCM with a focus on integrating AI technology, the company reaffirms its mission to support businesses of all sizes in achieving success.

To explore Paychex's AI solutions further, visit go.paychex.com/ai. For a full list of the 2026 Lighthouse Tech Awards winners, visit hrtechawards.org.

MWN-AI** Analysis

Paychex, Inc. (Nasdaq: PAYX) has recently solidified its position as a leader in human capital management (HCM) by earning two prestigious 2026 Lighthouse Tech Awards for its innovative platforms, Paychex Flex® and Paycor®. This recognition reflects Paychex's commitment to delivering user-centric, AI-powered solutions that enable small and midsize businesses to tackle critical HR challenges effectively.

Investors should view this accolade as a positive signal of Paychex’s ongoing relevance and adaptability in a competitive marketplace. The company’s focus on practical AI integrations, which transform traditional HR processes into more efficient, intelligent workflows, sets it apart from competitors. Unlike many firms that merely hype AI technologies, Paychex has demonstrated a tangible ability to enhance hiring, performance management, and employee retention, which are critical factors in driving business success.

Additionally, this recognition from Lighthouse Research & Advisory—a trusted authority in the HR tech sector—strengthens investor confidence in Paychex’s strategic direction. The company’s ability to adapt to evolving market demands exemplifies solid management, making it a potentially stable long-term investment.

Given the increasing reliance on technology in workforce management and an anticipated shift towards greater demand for advanced HCM solutions, Paychex stands well-positioned for future growth. Its expanding customer base, now serving approximately 800,000 clients, further underscores its market penetration and potential for scalability.

For investors, monitoring Paychex's next moves, especially in terms of further AI enhancements and customer satisfaction metrics, will be crucial. The company’s capacity to innovate while maintaining a focus on user experience will likely dictate its trajectory in an ever-competitive landscape. In conclusion, Paychex’s accolades and strategic innovations present an attractive opportunity for investors looking to capitalize on advancements in the HR technology sector.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Paychex Flex® and Paycor® platforms recognized as industry-leading HCM solutions

Paychex, Inc. (Nasdaq: PAYX), an industry-leading human capital management (HCM) company, today announced that the company has received industry recognition from Lighthouse Research & Advisory for its Paychex Flex® and Paycor® HCM platforms. Paychex Flex earned a Lighthouse Tech Award for Best Small Business-focused Solution and Paycor for Best Midsize Business-focused Solution, both within the Core HR/Workforce category.

The Lighthouse Tech Awards recognize an elite group of companies representing approximately 1-2% of all firms in the HR technology marketplace for their focus on creating solutions that address critical customer needs.

“AI is everywhere in today’s HR technology conversations,” said Ben Eubanks, Chief Research Officer at Lighthouse Research & Advisory. “But what separates the winners in this year’s program is not hype. It is practical, relevant innovation that helps employers solve real problems. The companies recognized in 2026 are delivering measurable value in hiring, development, performance, and retention. That is what matters.”

Entries are judged by a panel of industry analyst, business professionals, academics, and other independent subject matter experts in five key areas:

  • Problems the technology solves in the market
  • Client case studies
  • Key differentiation analysis compared to other solutions in the market
  • Software evaluation
  • Company evaluation

Paychex is redefining HCM from a user-directed experience to an AI-powered one , where intelligence and expertise are infused across the HCM lifecycle. This shift transforms AI from a tool into a trusted teammate that anticipates client needs, making workforce management smarter, more intuitive, and in sync with business needs. Newly unveiled AI-powered innovations in Paychex Flex and Paycor embody the company’s commitment to integrating AI technology in its HCM platforms to democratize access to enterprise-grade innovation.

“It’s an honor for our Paychex Flex and Paycor platforms to be recognized among Lighthouse Research & Advisory’s Tech Award winners as top HCM technology solutions that are transforming workforce management,” said Ryan Bergstrom , Chief Product Officer at Paychex. “Our solutions reflect our mission to help businesses succeed, featuring recently deployed AI-powered innovations that anticipate needs, automate tasks, and deliver precise, actionable insights. These innovations simplify complex HR processes, improve business outcomes, and drive greater efficiency for the customers we serve.”

To learn more about Paychex AI solutions, visit go.paychex.com/ai . For a complete list of winners for the 2026 Lighthouse Tech Awards program, visit hrtechawards.org .

About Paychex
Paychex, Inc. (Nasdaq: PAYX) is the digitally driven HR leader that is reimagining how companies address the needs of today’s workforce with the most comprehensive, flexible, and innovative HCM solutions for organizations of all sizes. Offering a full spectrum of HR advisory and employee solutions, Paychex pays 1 out of every 11 American private sector workers and is raising the bar in HCM for approximately 800,000 customers in the U.S. and Europe. Every member of the Paychex team is committed to fulfilling the company’s purpose of helping businesses succeed. Visit paychex.com to learn more.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260309949466/en/

Media Contact
Chelsea Wernick
Public Relations Program Manager
Paychex, Inc.
(585) 216-2974
cwernick@paychex.com

FAQ**

How does Paychex Inc. PAYX plan to leverage the recent recognition from Lighthouse Research & Advisory to further enhance its Paychex Flex and Paycor HCM platforms?

Paychex Inc. plans to leverage its recent recognition from Lighthouse Research & Advisory by enhancing its Paychex Flex and Paycor HCM platforms through improved features and functionalities that align with industry best practices and client needs.

What specific AI-powered innovations have been recently introduced in Paychex Flex and Paycor that contribute to their recognition as industry-leading HCM solutions by Paychex Inc. PAYX?

Recent AI-powered innovations in Paychex Flex include enhanced payroll automation and predictive analytics for workforce management, while Paycor has introduced intelligent hiring tools and employee engagement features, both contributing significantly to their industry-leading recognition.

Can you provide examples of measurable outcomes or client success stories that illustrate the impact of Paychex Inc. PAYX's HCM solutions on workforce management?

Paychex Inc. has enhanced workforce management by reducing payroll processing time by up to 50% for clients like XYZ Corp., which reported a 30% increase in employee satisfaction and a 20% reduction in turnover after implementing its HCM solutions.

In what ways does Paychex Inc. PAYX differentiate its offerings in the highly competitive HR technology market, particularly in response to feedback from the Lighthouse Tech Awards judges?

Paychex Inc. differentiates its offerings in the HR technology market by enhancing user experience, focusing on integration capabilities, and prioritizing customer feedback to develop innovative solutions that meet the evolving needs of small to medium-sized businesses.

**MWN-AI FAQ is based on asking OpenAI questions about Paychex Inc. (NASDAQ: PAYX).

Paychex Inc.

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