Fourth vs Oasis PEO

Fourth PEO, a leading Human Capital Management (HCM) software company headquartered in Austin, Texas, specializes in Professional Employer Organization (PEO) services for small and medium-sized businesses (SMBs). With a foundation in HCM since 1999, they have expanded into the PEO sphere, incorporating AI-driven technology into their platform. Catering to industries like restaurant, hospitality, and retail, Fourth offers a range of services, including payroll, HR solutions, benefits administration, tax management, and compliance assistance. While praised for live chat support, a dedicated HR team, and AI-driven tech, drawbacks include the lack of ESAC accreditation and limited pricing transparency. Despite some mixed customer feedback, Fourth remains a reputable choice for SMBs seeking streamlined business operations.

Paychex acquired Oasis Outsourcing in 2018 for $1.2 billion in cash. Oasis Outsourcing was an ESAC-accredited human resources services company based in Florida that offered services in human resources, employee benefits, and payroll processing. The acquisition was about building revenue, and Paychex aimed to grow its human resource outsourcing capability and extend its technology to a new client base as part of the acquisition. While Oasis initially operated as its own entity, it is now fully part of the Paychex brand as one of the available solutions in "Paychex HR."