Paychex Wins 2024 BIG Innovation Award
11 Janvier 2024 - 7:00PM
Business Wire
The latest digital enhancements to Paychex
Flex® Onboarding recognized for business innovation and impact
Paychex, Inc., a leading provider of integrated human capital
management software solutions for human resources, employee
benefits, insurance services, and payroll, was named a winner in
the 2024 BIG Innovation Awards, presented by the Business
Intelligence Group. The award was received in recognition of the
latest enhancements to the digital employee onboarding software
within Paychex Flex®, the company’s cloud-based SaaS solution.
“Innovation is driving our society,” said Maria Jimenez, chief
nominations officer of the Business Intelligence Group. “We are
thrilled to be honoring Paychex as they are leading by example and
improving the lives of so many.”
The latest enhancements simplify the onboarding experience by
integrating essential steps directly within the Paychex Flex
onboarding workflow while helping to comply with complex federal
and state regulations, including employment eligibility
verification and tax withholdings. Advancements allow new hires to
complete critical documentation, including direct deposit
authorization, Form W-4, state withholding forms, Form I-9, and
emergency contact information, all from the device of choice, such
as a smartphone, tablet, laptop, or desktop, for a digital
onboarding experience that can eliminate stacks of paperwork.
“Today, shifting economic conditions, new employee expectations,
technology advancements, and complicated regulations all intersect
within the workplace, making the hiring and onboarding process more
complex than ever,” said Tom Hammond, Paychex vice president of
strategy, partnerships, and business development. “It is an honor
to be recognized by the Business Intelligence Group for the
innovative enhancements made to Paychex Flex that are enabling a
more efficient process for businesses to transition applicants to
engaged and productive employees from day one on the job.”
Digital onboarding with Paychex Flex can help streamline the
process to save time, reduce the chance of human errors, and
simplify the workload of a newly hired employee. According to a
Paychex Client Survey fielded in June 2022, three out of four
Paychex clients with 50 to 500+ employees stated they have
shortened times for recruiting, screening, tracking, and onboarding
employees through Paychex Flex. Additionally, 97% of clients said
an online portal for employee self-service or HR-related tasks from
any device or location was very or extremely important to
strengthening employee relationships.
The Business Intelligence Group named 47 companies and 108
products as 2024 winners. Organizations from across the globe
submitted their recent innovations for consideration in the BIG
Innovation Awards. Nominations were judged by a select group of
business leaders and executives who volunteered their time and
expertise to score submissions. For a complete list of the 2024 BIG
Innovation Award winners, visit
bintelligence.com/awards/big-innovation-awards.
To learn more about the Paychex Flex Onboarding technology
solution, visit
paychex.com/hiring/employee-onboarding-software.
About Paychex
Paychex, Inc. (Nasdaq: PAYX) is an industry-leading HCM company
delivering a full suite of technology and advisory services in
human resources, employee benefit solutions, insurance, and
payroll. The company serves approximately 740,000 customers in the
U.S. and Europe and pays one out of every 12 American private
sector employees. The more than 16,000 people at Paychex are
committed to helping businesses succeed and building thriving
communities where they work and live. To learn more, visit
paychex.com.
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of
recognizing true talent and superior performance in the business
world. Unlike other industry award programs, these programs are
judged by business executives having experience and knowledge. The
organization’s proprietary and unique scoring system selectively
measures performance across multiple business domains and then
rewards those companies whose achievements stand above those of
their peers.
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version on businesswire.com: https://www.businesswire.com/news/home/20240111063924/en/
Media Chelsea Wernick Public Relations Program Manager II
Office: (585) 216-2974 cwernick@paychex.com @Paychex
Paychex (NASDAQ:PAYX)
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