CBIZ, Inc. Common Stock (CBZ)

Competitors to CBIZ, Inc. Common Stock (CBZ)

H&R Block, Inc. 

H&R Block primarily provides tax preparation services and accounting software, which creates competition with CBIZ in the realm of tax advisory and compliance services. While H&R Block is best known for its consumer tax services, it has also expanded into business tax services. CBIZ competes by offering more comprehensive business services, including employee benefits, risk management, and overall consulting, which allows it to serve its clients with broader needs. This diversification of services gives CBIZ a competitive edge in providing full-service solutions, while H&R Block maintains a strong position in tax preparation.

Insperity, Inc. 

Insperity focuses on providing human resource and business performance solutions, which aligns closely with some of CBIZ's offerings in employee benefits and HR consulting. The competition between Insperity and CBIZ stems from their overlapping services, particularly in areas like human capital management. Insperity's established reputation in HR outsourcing gives it an advantage in attracting clients seeking HR solutions, but CBIZ's wider range of business services may appeal to companies looking for a one-stop-shop for various needs. In this regard, while Insperity is strong in HR, CBIZ's diversity might allow it to capture a broader audience.

Marcum LLP

Marcum LLP is a national accounting and advisory firm that competes with CBIZ in providing audit, tax, and advisory services. While both firms cater to similar markets, Marcum tends to focus more on high-profile projects and may attract larger clients due to its reputation in the accounting field. CBIZ differentiates itself by offering a diverse set of services including employee benefits and risk management, which allows it to provide a comprehensive solution tailored to businesses looking for more than just accounting support. This broader service offering gives CBIZ a competitive advantage in terms of servicing a wide array of business needs, although Marcum leads in audit-related engagements.

Paychex, Inc. 

Paychex offers payroll and HR solutions that overlap with some of the services CBIZ provides, positioning them as competitors in the business services sector. Paychex has a strong foothold in payroll processing and continues to expand its HR services, which has garnered a significant client base among small to medium-sized businesses. In contrast, CBIZ differentiates itself by offering a broader array of consulting and advisory services beyond payroll and HR, such as employee benefits and risk management solutions. This comprehensive approach allows CBIZ to serve clients' diverse needs, potentially giving it an advantage over Paychex in scenarios that require multifaceted service offerings.

Robert Half International Inc. 

Robert Half International Inc. primarily focuses on providing specialized staffing services and consulting in the finance and IT sectors. Both CBIZ and Robert Half offer professional services to businesses, but Robert Half has a stronger emphasis on staffing and recruitment, particularly in finance and accounting. This specialization allows Robert Half to establish deeper relationships with finance-related clients, giving it an edge in that sector of professional services. CBIZ, on the other hand, provides a broader range of business services, including employee benefits and insurance, which may appeal to a wider variety of business needs.