The analysts forecast the global payroll outsourcing services market to grow at a CAGR of 5.56% during the period 2017-2021.

New York, NY -- (SBWire) -- 08/01/2018 --Global Payroll Outsourcing Services Market

WiseGuyRerports.com Presents "Global Payroll Outsourcing Services Market 2017-2021" New Document to its Studies Database. The Report Contain 70 Pages With Detailed Analysis.

Description

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.

The analysts forecast the global payroll outsourcing services market to grow at a CAGR of 5.56% during the period 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.

 

Get sample Report @ https://www.wiseguyreports.com/sample-request/1236420-global-payroll-outsourcing-services-market-2017-2021

 

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

The 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

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

Key questions answered in this report
- What will the market size be in 2021 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?

           

Complete Report Details @ https://www.wiseguyreports.com/reports/1236420-global-payroll-outsourcing-services-market-2017-2021

 

Table of Contents -Major Key Points

PART 01: Executive summary 

PART 02: Scope of the report 

PART 03: Research Methodology 

PART 04: Introduction
- Key market highlights

PART 05: Market landscape
- Market overview
- Market size and forecast

PART 06: Five forces analysis
- Five forces analysis

PART 07: Market segmentation by product
- Hybrid
- Fully outsourced

PART 08: Market segmentation by end-user
- Mid-market
- National
- Multinational

PART 09: Geographical segmentation
- Americas
- EMEA
- APAC

PART 10: Decision framework 

PART 11: Drivers and challenges
- Market drivers
- Impact of drivers on key customer segments
- Market challenges
- Impact of challenges on key customer segments

PART 12: Market trends
- Rise of multi-country and centralized outsourcing models
- Evolution of BPaaS
- Expansion of MNCs in South America
- Implementation of automation

PART 13: Vendor landscape
- Competitive scenario

PART 14: Key vendor profiles
- ADP
- Ceridian HCM
- NGA Human Resources
- Paychex
- Other prominent vendors

………..CONTINUED