Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Company 's Revenues Expenses and Net (Loss) for Each Reportable Segment Consistant with Net Income (Loss) As Reported On Consolidated Statements of Comprehensive Income

The table below highlights the Company’s revenues, expenses and net income for our single reportable segment, which are consistent with amounts reported on the consolidated statements of comprehensive income for the years ended December 31, 2024, 2023 and 2022.

	Year Ended December 31,
	2024			2023			2022
Revenues
Recurring	$	1,733.9		$	1,563.4		$	1,323.8
Implementation and other		24.4			22.3			18.7
Interest on funds held for clients		124.9			108.0			32.7
Total revenues		1,883.2			1,693.7			1,375.2
Cost of revenues
Operating expenses		267.4			223.7			169.8
Depreciation and amortization		67.2			52.6			42.9
Total cost of revenues		334.6			276.3			212.7
Gross profit		1,548.6			1,417.4			1,162.5
Administrative expenses
Sales and marketing		434.4			417.6			346.6
Research and development		242.6			199.0			148.3
General and administrative		158.6			288.1			239.1
Depreciation and amortization		78.7			61.4			49.8
Total administrative expenses		914.3			966.1			783.8
Total operating expenses		1,248.9			1,242.4			996.5
Operating income		634.3			451.3			378.7
Interest expense		(3.4	)		(1.9	)		(2.5	)
Other income (expense), net		18.1			23.0			13.4
Income before income taxes		649.0			472.4			389.6
Provision for income taxes		147.0			131.6			108.2
Net income	$	502.0		$	340.8		$	281.4