Cloud-based Payroll Software Market Outlook, Growth by Top Companies, Applications, and Drivers & Trends Forecasts by 2021
Cloud-based Payroll Software Market Research Report covers the present scenario and the growth prospects of the Cloud-based Payroll Software Market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of Cloud-based Payroll Software globally. Cloud-based Payroll Software Market, 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 and discussion of the key vendors effective in this market.
Industry experts forecast the global Cloud-based Payroll Software market to grow at a CAGR of 6.94% during the period 2016-2020
The report provides key statistics on the market status of the Cloud-based Payroll Software manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Cloud-based Payroll Software Market.
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.
Key Vendors of Cloud-based Payroll Software Market:
- ADP
- BenefitMall
- Ceridian HCM
- CloudPay
- CoreHR
- Gusto
- Intuit
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The report then estimates 2016-2020 market development trends of Cloud-based Payroll Software market. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Cloud-based Payroll Software market before evaluating its feasibility.
The Cloud-based Payroll Software market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. Cloud-based Payroll Software market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
Cloud-based Payroll Software Market Driver:
- Advantages of cloud over on-premises solutions
- Secure backup of employee data
- Ease in system updates and enhancements
Cloud-based Payroll Software Market Challenge:
- Regulatory compliance
- Stabilizing domestic HR processes with global HR standards
Cloud-based Payroll Software Market Trend:
- Accessibility to mobile applications
- Strategic decision-making using HR analytics
- Integration of different modules to perform different functions
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Geographical Segmentation of Cloud-based Payroll Software Market:
- Cloud-based Payroll Software market in Americas
- Cloud-based Payroll Software market in APAC
- Cloud-based Payroll Software market in EMEA
The report provides a basic overview of the Cloud-based Payroll Software industry including definitions, segmentation, applications, key vendors, market drivers and market challenges. The Cloud-based Payroll Software market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status
Through the statistical analysis, the report depicts the global Cloud-based Payroll Software market including capacity, production, production value, cost/profit, supply/demand and import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
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Key questions answered in Cloud-based Payroll Software market 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?
No of Pages: 68
Price of Report: $2500 (Single User License)
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List of Exhibits in Cloud-based Payroll Software market report:
- Exhibit 01: Product offerings
- Exhibit 02: Impact of drivers
- Exhibit 03: Impact of drivers and challenges
- Exhibit 04: Key countries in each region
- Exhibit 05: Global Cloud-based Payroll Software market shares by geographies 2015
- Exhibit 06: Global Cloud-based Payroll Software market shares by geographies 2020
- Exhibit 07: Geographical segmentation by revenue 2015
And continued….
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