Payroll Outsourcing Services Market 2017 Trends, Growth and Forecast to 2021
ReportsWeb.com published “Payroll Outsourcing Services Market” from its database. 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.
(EMAILWIRE.COM, December 08, 2017 ) 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 set of services to enhance the existing function. Most of the payroll outsourcing functions are related to finance and accounting (F&A) , human capital management (HCM) , and shared service centers. Organizations maintaining 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.
Publisher's analysts forecast the global payroll outsourcing services market to grow at a CAGR of 5.56% during the period 2017-2021.
For more information about this report: http://www.reportsweb.com/global-payroll-outsourcing-services-market-2017-2021 .
Covered in this report
The report covers the present scenario and the growth prospects of the global payroll outsourcing services market for 2017-2021. To calculate the market size, the report considers the revenue generated from payroll services outsourced to third-party service providers.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Publisher's report, Global Payroll Outsourcing Services Market 2017-2021, 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 HCM
- NGA Human Resources
- Paychex
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001758582/sample .
Other prominent vendors
- Accenture
- Caliber Point Business Solutions (Hexaware Technologies)
- CGI Group
- Genpact
- Hewlett Packard Enterprise Development
- IBM
- Infosys
- Intuit
- Ramco Systems
- SafeGuard World International
- Workday
Market driver
- Increasing demand to standardize processes, technology, and governance.
- For a full, detailed list, view our report
Market challenge
- Issues related to geographical transition.
- For a full, detailed list, view our report
Market trend
- Rise of multi-country and centralized outsourcing models.
- For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001758582/buying .
Publisher's analysts forecast the global payroll outsourcing services market to grow at a CAGR of 5.56% during the period 2017-2021.
For more information about this report: http://www.reportsweb.com/global-payroll-outsourcing-services-market-2017-2021 .
Covered in this report
The report covers the present scenario and the growth prospects of the global payroll outsourcing services market for 2017-2021. To calculate the market size, the report considers the revenue generated from payroll services outsourced to third-party service providers.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Publisher's report, Global Payroll Outsourcing Services Market 2017-2021, 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 HCM
- NGA Human Resources
- Paychex
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001758582/sample .
Other prominent vendors
- Accenture
- Caliber Point Business Solutions (Hexaware Technologies)
- CGI Group
- Genpact
- Hewlett Packard Enterprise Development
- IBM
- Infosys
- Intuit
- Ramco Systems
- SafeGuard World International
- Workday
Market driver
- Increasing demand to standardize processes, technology, and governance.
- For a full, detailed list, view our report
Market challenge
- Issues related to geographical transition.
- For a full, detailed list, view our report
Market trend
- Rise of multi-country and centralized outsourcing models.
- For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001758582/buying .
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results