Paycom's AI Innovations Impact Earnings
Update: 2025-11-12
Description
Paycoms Q3 earnings report, released on November 12th, showed slightly lower adjusted earnings per share than expected, leading to a stock price drop. The companys AI-driven product, IWant, and Beti, contributed to reduced service costs and increased efficiency. IWant has handled millions of queries, reducing internal support needs. Analysts inquired about IWants usage among executives and cost savings from workforce reductions. The company will monitor IWant and Beti adoption, automations impact on service costs and client satisfaction, and sales strategies effectiveness. Free cash flow trends, particularly after a data center investment, will also be crucial for future performance.
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