SAN JOSE, Calif., May 1, 2018 /PRNewswire/ -- Paychex, Inc., a
leading provider of integrated human capital management (HCM)
solutions for payroll, human resources, retirement, and insurance
services, today announced it is collaborating with Workplace by
Facebook to introduce a social collaboration tool to the company's
HCM suite, Paychex Flex®. The announcement comes on the opening day
of Facebook's annual F8 Developer Conference, taking place at the
McEnery Convention Center in San Jose,
Calif.
"The ways we communicate at work and in our personal lives are
quickly blending, meaning employees today want the ability to
connect conveniently and in real-time in much the same way they
communicate in their personal lives." said Martin Mucci, Paychex president and CEO.
"Workplace by Facebook is a platform for businesses to achieve that
level of communication, powering social collaboration in a simple,
personal, and mobile-friendly way. Additionally, Paychex Flex users
who choose to leverage Workplace will be introduced to Paychex Flex
Assistant, a virtual assistant programmed to answer commonly asked
employee questions in real-time.
"Paychex is constantly and thoughtfully evaluating strategic
opportunities such as this to bring value to our customers," added
Mucci. "Our collaboration with Facebook represents the latest step
on a digital journey to provide our more than 600,000 clients with
tools and resources that will ultimately help them and their
employees be more productive and efficient, which will allow them
to succeed and grow."
According to Deloitte research, 69% of leaders believe company
communications help them achieve their vision. Of that majority,
only 14% are satisfied with their organization's ability to
communicate and collaborate effectively. For employees, a McKinsey
& Company study suggests nearly half (45%) say social
technologies play a significant role in their day-to-day work.
"Workplace by Facebook provides a space for teams to achieve
more together," said Anand Dass,
Partnerships, Workplace by Facebook. "As part of this, we're
thrilled to partner with Paychex, driving deeper integrations with
the tools that organizations use every day. Paychex, in particular,
is a critical integration, as it allows organizations to simplify
business processes and save time."
Workplace is a dedicated and secure space for companies and
their employees to connect, communicate, and collaborate. From
individual team members to internal groups to establishing groups
across multiple companies, if desired, Workplace users communicate
using familiar Facebook tools such as walls, news feeds,
traditional online chats, video chats, and more. While the tools
powering communication in Workplace are grounded in Facebook's
framework, the two operate independently and a user's personal
Facebook account remains separate from their Workplace account.
Leveraging such social collaboration tools effectively can mean
dramatically reducing emails and phone calls, ultimately
encouraging smoother, more transparent workflows and returning
valuable time to both employers and employees.
"An organization is only as good as its people, and we strongly
believe work today should support an open, transparent, and
collaborative culture that is void of organizational silos," said
Tom Hammond, Paychex vice president
of corporate strategy and product management. "Workplace enables
businesses to optimize efficiency and productivity, allowing for
more time spent working towards strategic goals and less time spent
on administrative tasks."
Since its introduction in 2016, Workplace has grown to over
30,000 clients worldwide. National and international brands
currently leveraging the tool to power communication in their
respective organizations include Walmart, Spotify, Starbucks,
GoPro, Volkswagen, Campbell's,
Dominos, and others.
"For nearly a half-century, Paychex has made enterprise-level
solutions available to America's small and medium-sized
businesses," added Hammond. "That commitment will endure well into
the future as we continue to execute our long-term vision for
creating value for our customers. Today's announcement is simply
the latest example of that pledge. We believe that adding a social
collaboration tool to our HCM suite will result in Paychex Flex
clients being able to gain a competitive edge when it comes to
finding and retaining quality talent, supporting a more
collaborative and open culture at work, and ultimately helping
their businesses thrive and grow."
Click here to learn more about the value social collaboration
tools are bringing to organizations today.
About Paychex
Paychex, Inc. (NASDAQ: PAYX) is a
leading provider of integrated human capital management solutions
for payroll, HR, retirement, and insurance services. By combining
its innovative software-as-a-service technology and mobility
platform with dedicated, personal service, Paychex empowers small-
and medium-sized business owners to focus on the growth and
management of their business. Backed by 45 years of industry
expertise, Paychex serves approximately 605,000 payroll clients as
of May 31, 2017, across more than 100
locations and pays one out of every 12 American private sector
employees. Learn more about Paychex by visiting www.paychex.com,
and stay connected on Twitter and LinkedIn.
Media Contact
Tracy
Volkmann
Public Relations Program Manager
Paychex, Inc.
(585) 387-6705
tvolkmann@paychex.com
@PaychexNews
Olivia Calvert
Global Workplace Communications Lead
Workplace by Facebook
ocalvert@fb.com
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SOURCE Paychex, Inc.