Payroll Outsourcing Market 2016 Global Demand Factors And Growth Strategies To 2021

WiseGuyReports.Com Publish a New Market Research Report On – “Payroll Outsourcing Market 2016 Global Demand Factors and Growth Strategies to 2021”.


The analysts forecast the global payroll outsourcing market to grow at a CAGR of 4.4% during the period 2016-2020.

Payroll outsourcing is the fastest-growing segment of the global human resource outsourcing (HRO) market. Organizations are rapidly adopting payroll services to achieve cost reduction. They either outsource a single process or the entire services to enhance the existing function. Managing payroll in-house involves high costs. Organizations that maintain an in-house team for tasks such as payroll, time and attendance, workforce administration, and benefits administration spend 20% more than organizations that outsource the same functions.

The majority of payroll outsourcing functions are related to finance and accounting (F&A), human capital management (HCM), and shared service centers. The HR department uses outsourcing services more commonly than any other departments.

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Covered in this report

The report covers the present scenario and the growth prospects of the global payroll outsourcing market for 2016-2020. To calculate the market size, the report considers the revenue generated from payroll services outsourced to third-party service provider.

The market is divided into the following segments based on geography:
• APAC
• Americas
• EMEA

The report, Global Payroll Outsourcing Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• ADP
• Ceridian
• Genpact
• NGA
• Workday

Other prominent vendors
• Accenture
• Caliber Point
• Cegadim SRH
• CGI
• Excellerate HRO
• HP
• HR Access
• IBM
• Infosys
• Logica
• Neeyamo
• Paychex
• Ramco Systems
• Safeguard
• Steria
• TDS
• Workday

Market driver
• Need for payroll cost visibility
• For a full, detailed list, view our report

Market challenge
• Inability to offer proven services
• For a full, detailed list, view our report

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Market trend
• Improved usage of technology
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Table Of Contents – Major Key Points

PART 01: Executive summary
• Highlights

PART 02: Scope of the report
• Market overview
• Top-vendor offerings

PART 03: Market research methodology
• Research methodology
• Economic indicators

PART 04: Introduction
• Key market highlights

PART 05: Market landscape
• Industry overview
• Market overview
• Market size and forecast
• Five forces analysis

PART 06: Product segmentation
• Segmentation of global payroll services by coverage

PART 07: Geographical segmentation
• Geographical segmentation of global payroll outsourcing market
• Payroll outsourcing market in EMEA
• Payroll outsourcing market in Americas
• Payroll outsourcing market in APAC
• End-user segmentation of global payroll outsourcing market

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape
• Competitive scenario
• Other prominent vendors

……..CONTINUED

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Release ID: 157729