Thursday, December 9, 2010

Paychex Consumes SurePayroll

Paychex's acquisition of SurePayroll is an interesting move.  SurePayroll is one of the largest, independent payroll service bureaus that has been biting at the heals of ADP and Paychex for many years.  The release, linked below, calls out a few key areas of interest to Paychex:  their SaaS model, mobile payroll applications, and a big entry point into the Banking payroll channel.

Last month, ADP & Perquest, this month Paychex & SurePayroll... we can only wonder what the new year might bring.

“We are excited for our customers, channel partners, employees, and small businesses everywhere. This is a great combination of strengths,” says Michael D. Alter, SurePayroll president.   http://www.businesswire.com/news/home/20101209005814/en/Paychex-Acquire-SurePayroll