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Know More about Payroll Outsourcing Market 2025 Forecasts Analysis, Company Profiles, Competitive Landscape and Key Players Cegadim SRH, CGI, Excellerate HRO, HP, HR Access, IBM, Infosys, Logica, Neeyamo, Paychex, Ramco Systems, Safeguard, Steria and Othe

09-05-2018 09:24 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research N Reports

Payroll Outsourcing

Payroll Outsourcing

All products mentioned in the global Payroll Outsourcing Market report are examined in depth across all parameters which include drifts in the market based on market size, sales revenue, gross margin, and price and market share. Publisher’s market research analyst predicts the global payroll outsourcing market to grow at a CAGR of more than +5% during the forecast period. The standardization of process, technology, and governance in organizations is a key growth driver for this market. Modern HR practices require functional interfaces across multiple vendors. For instance, successful payroll integration helps to secure corporate investments made in HR technology. Standardized outsourcing procedures (such as a common operating model) contribute to reducing business risks and the probability of errors to a large extent. Evolving regulations and the need to maintain compliance can pose a challenge for organizations that seek to implement effective IT governance frameworks. Since most organizations lack in-house expertise in payroll services, they prefer to outsource these duties to reduce risks they face regarding accuracy, on-time payment compliance, and data backup.

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Payroll outsourcing is one of the fastest-growing segments of the global BPO market. Players with established client base in F&A outsourcing and call center outsourcing are trying to expand their services in payroll outsourcing. Major vendors have expanded their footprint in payroll services for talent management, payment transactions, and employee management over the past five years. Due to the immense potential in this market, numerous capital and equity firms have also forayed into this space. The leading vendors in the market are – ADP, Ceridian, Genpact, NGA Other prominent vendors in the market include Accenture, Caliber Point, Cegadim SRH, CGI, Excellerate HRO, HP, HR Access, IBM, Infosys, Logica, Neeyamo, Paychex, Ramco Systems, Safeguard, Steria, and TDS.
The Global Payroll Outsourcing Market report also discusses, in detail, the regional distribution of the Payroll Outsourcing Market, which enables readers to plan an expansion of their business. The regional bifurcation of Payroll Outsourcing Market includes data with regard to sales, market share, revenue, growth rate and consumption for each region mentioned below: USA • Europe • Japan • China • India • Southeast Asia • South America • South Africa • OthersUSA • Europe • Japan • China • India • Southeast Asia • South America • South Africa • Others

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The report further provides a thorough understanding of the Payroll Outsourcing Market through value chain analysis and SWOT, which helps the consumer/user/ reader to understand expected trends in the Payroll Outsourcing Industry, demand-supply situation in the market, its weaknesses, strengths and various opportunities the market can offer. Statistics and data have been included in the Payroll Outsourcing Market to support the information in the report through charts and tables for enhanced readability and to present more engaging content.

Table of Contents
Global Personal Payroll Outsourcing Market Research Report
Chapter 1 Personal Payroll Outsourcing Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Personal Payroll Outsourcing Market Forecast

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Research N Reports is a new age market research firm where we focus on providing information that can be effectively applied. Today being a consumer driven market, companies require information to deal with the complex and dynamic world of choices. Where relying on a sound board firm for your decisions becomes crucial. Research N Reports specializes in industry analysis, market forecasts and as a result getting quality reports covering all verticals, whether be it gaining perspective on current market conditions or being ahead in the cut throat Europe competition. Since we excel at business research to help businesses grow, we also offer consulting as an extended arm to our services which only helps us gain more insight into current trends and problems. Consequently we keep evolving as an all-rounder provider of viable information under one roof.

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