Cloud Payroll Companies Offer IPOs

TrinetThe market for Internet-based payroll and HR services is drawing a crowd as three organizations have gone to the public market for funds. Those are the TriNet Group, Paycom Software and Paylocity with TriNet having raised $240 million in an IPO that was priced a week ago. Paylocity went public on March 18 while Paycom filed a registration statement for its proposed IPO on March 10.


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