As can be seen in the table below, Payroll Processing and HR Outsourcing & Services can add revenues in excess of $400 million over the next five years for Paychex. Pricing increases will likely be the biggest contributor towards revenue growth for both divisions, though an increase in its client base will contribute as well.
Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Paychex
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