Paychex announced the addition of AI‑driven capabilities to its Paycor Smart Scheduler and Paychex Flex Time platforms, a move that expands the company’s AI footprint across its human capital management suite.
The new features automate shift scheduling, streamline timesheet approvals, and simplify PTO management, all while reducing errors and improving workforce planning efficiency. By embedding AI into routine HR processes, Paychex aims to deliver tangible operational benefits to its clients.
The launch follows Paychex’s Q2 2026 earnings report, which showed revenue of $1.56 billion—an 18% year‑over‑year increase—and adjusted diluted earnings per share of $1.26. The company also announced a $1 billion share repurchase program and a quarterly dividend of $1.08 per share, underscoring its financial strength and commitment to shareholder value.
Chief Product Officer Ryan Bergstrom said, "The ongoing evolution of Paycor and Paychex Flex Time solutions empowers businesses to deploy the right individual to the right task at the right time, simplifying complex HR tasks like shift scheduling, timesheet approvals, and PTO management to foster improved business outcomes." CEO John Gibson has highlighted the importance of Paychex’s data scale for AI success, positioning the firm to deliver measurable results.
Paychex’s AI enhancements come amid intensified competition from ADP, UKG, and Workday, all of which are investing heavily in AI. Paychex’s extensive data set and validation from Nucleus Research—showing workforce management automation can yield $12.24 for every dollar invested—provide a competitive edge that smaller rivals may find difficult to match.
By automating routine HR tasks and delivering predictive insights, the new AI features are expected to improve client retention, attract new customers, and reinforce Paychex’s competitive moat in the payroll and HCM market. The launch signals the company’s continued focus on leveraging AI to drive operational efficiency and revenue growth.
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