PayCycle is the leader in on-demand payroll for small businesses and for the accounting professionals who serve them. Our com ... pany is headquartered in Palo Alto, California, with a second location in Schaumburg, Illinois. PayCycle was founded in 1999 by René Lacerte and Martin Gates, who worked together at Intuit. After leading QuickBooks into the payroll services area, they decided to start their own company. They envisioned an easier, more affordable way to manage payroll for small businesses. PayCycle's mission is to make paper-based payroll obsolete. Using our unique Do-It-With-You℠(DIWY℠) technology platform, PayCycle guides users through the entire payroll process online, from setup to paychecks to W-2s. There's no other service like it, whether you're comparing PayCycle to fully-outsourced payroll companies or in-house accounting software. read more