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Market Development : Cloud-based Payroll Software Market Globally Grow at a CAGR of 12.09% by Revenue During the Period 2018 - 2021

04-10-2018 11:21 AM CET | IT, New Media & Software

Press release from: Cloud-based Payroll Software Market

Market Development : Cloud-based Payroll Software Market

Albany, NY, 10th April : Recent research and the current scenario as well as future market potential of "Global Cloud-based Payroll Software Market 2017-2021" globally.

Payroll software automates, organizes, and simplifies complex compensation planning and enables managers to improve budget allocations, increase accuracy, and align compensation decisions with organizational guidelines.

Get PDF for more Professional and Technical insights @ https://www.researchmoz.us/enquiry.php?type=S&repid=1345130

Enterprises are implementing payroll software to make better compensation decisions while reducing cycle times with up-to-date, accurate, and auditable processes. Cloud-based payroll software is being installed by companies as it is economical and improves the efficiency of the compensation and review processes. The growing acceptance of cloud-based payroll software can be attributed to its advantages over the traditional payroll process. Cloud-based payroll software enables organizations to access data and services remotely through a web-browser without installing and managing application software. Cloud-based payroll software also provides flexibility in the deployment and has a short implementation time. This reduces implementation cost and improves the return on investment. One of the main benefits of cloud-based payroll software is the ability to access it from anywhere.

Technavios analysts forecast the global cloud-based payroll software market to grow at a CAGR of 12.09% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global cloud-based payroll software market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of cloud-based payroll software subscription, maintenance and support, installation, customization, and training.

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

View Complete TOC with tables & Figures @ https://www.researchmoz.us/global-cloud-based-payroll-software-market-2017-2021-report.html/toc

Technavio's report, Global Cloud-based Payroll Software 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
CoreHR
Oracle
Paychex
SAP Success Factors
Ultimate Software
Workday

Other prominent vendors
Aditro
Advanced
Affinity
Ascentis
BenefitMall
beqom
Ceridian HCM
CloudPay
Datacom Group
Execupay
Gusto
iAdmin
IRIS Software Group
Paycom
Payroo
Sage (UK)
SmartPayroll Australia Pty

Market driver
Reduction in TCO
For a full, detailed list, view our report

Market challenge
Concerns regarding data security
For a full, detailed list, view our report

Market trend
Rising demand for integrated HCM solutions
For a full, detailed list, view our report

Browse Report @ https://www.researchmoz.us/global-cloud-based-payroll-software-market-2017-2021-report.html

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?

ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

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