Over the course of the last quarter, Paychex, a leading provider of HR, payroll, benefits, and insurance solutions, has released several new Paychex Flex features and functions to its customers to address the ongoing business challenges and shifting workplace dynamics as a result of the COVID-19 pandemic. The company’s most recent round of product releases includes solutions to help organizations stay connected, maintain compliance, unlock productivity, and lead with insights.
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“COVID-19 has introduced even more complexity to an already rapidly changing business environment,” said Martin Mucci, Paychex president and CEO. “Employers are grappling with a staggering number of questions and new challenges – all without a playbook – due to these unprecedented and uncertain times. As a trusted business partner, it’s our job to help them overcome those challenges, plan for what the future of work looks like for their business, and provide them with the solutions needed to help get them there.”
According to a recent Paychex poll, nearly one-third of businesses plan to allow remote work post-pandemic. The same study found that 23 percent of organizations plan on permanently increasing their use of technology to improve employee productivity. Another 38 percent of respondents viewed technology as the No. 1 solution to help them in the short-term as they transition back to the workplace.
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“While HR technology has been enabling productivity and driving better business outcomes in organizations for many years, COVID-19 has accelerated digital transformation in organizations of all shapes and sizes,” said Tom Hammond, Paychex vice president of corporate strategy and product management. “The current work environment has reinforced the critical role technology must play in supporting business operations, infrastructure, and the workforce. The products we’ve introduced over the last several weeks are designed to do exactly that.”
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