In HR, the payroll department is
critical as employees are sensitive to payroll errors and irregularities. The
key task of the payroll department is to ensure that all the employees are paid
accurately and appropriately after the correct deductions. In addition, with
the use of the payroll software, the HR team can track the number of hours each
employee has worked, which is used to calculate the salary compensation.
The analysts forecast the global
cloud-based payroll software market to grow at a CAGR of 6.94% during the
period 2016-2020.
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The report covers the present
scenario and the growth prospects of the global cloud-based payroll software
market for 2016-2020. To calculate the market size, the report provides a list
of leading global vendors that provide global cloud-based payroll software.
The market is divided into the
following segments based on geography:
• Americas
• APAC
• EMEA
The report, Global Cloud-Based
Payroll Software 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
• BenefitMall
• Ceridian HCM
• CloudPay
• CoreHR
• Gusto
• Intuit
• Oracle
• Paychex
• SAP SuccessFactors
• Ultimate Software
• Workday
• Zenefits
Other prominent vendors
• AmCheck
• Automatic Payroll Systems
• IRIS Software
• Interlogic Outsourcing
• MyPayrollHR
• Namely
• Patriot Software
• Sage Group
• Telepayroll
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Market driver
• Advantages of cloud over
on-premises solutions.
• For a full, detailed list, view
our report
Market challenge
• Stabilizing domestic HR
processes with global HR standards.
• For a full, detailed list, view
our report
Market trend
• Strategic decision-making using
HR analytics.
• 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?
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