Paychex 2016 Annual Report Download - page 5

Download and view the complete annual report

Please find page 5 of the 2016 Paychex annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 93

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93

To our shareholders
2016 ANNUAL REPORT
I 3
Business owners today demand
easy-to-use, integrated human capital
management solutions – whether
they have five employees or 500.
They want to be connected. They want to be mobile. They want
personalized service. And, they want to have the same seamless user
experience, whether they are in their office or on the sidelines of their
child’s soccer game.
Paychex meets them where their business takes them.
We have been empowering businesses for 45 years. That foundation
drives our future. With our product momentum and technology-enabled
service, we are now taking more than 600,000 small- and mid-sized
businesses into the next decade. Our mobile-first design and single,
cloud-based platform make Paychex unique in the marketplace, fuel
our growth, and give our clients the opportunity to grow with us.
In fiscal 2016, we delivered enhancements that supported
our clients from the recruitment of new employees to
their retirement. We provided clarity in navigating the
increasingly complex regulatory landscape. And, we
produced financial results that helped us close the year
with record revenue and profitability and solid returns for
our shareholders. These results position us well to execute
on our future performance.