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Latest Report On Payroll and HR Software Market 2019-2025: Sage, SAP, Oracle(NetSuite), Automatic Data Processing, Paychex, Microsoft, Yonyou, Epicor, Xero
Human capital management (HCM) is the comprehensive set of practices for recruiting, managing, developing and optimizing the human resources of an organization. HCM has come to be nearly synonymous with the human resources (HR) function in organizations. In HR technology, the comprehensive software systems for managing HR processes differ little from HCM suites.
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Payroll software is a system that automates and streamlines the process of paying a companys employees. It may sound straightforward, but the payroll process includes a lot of tasks such as calculating deductions and withholdings, producing pay slips and tax forms (and other reports), processing or depositing payment directly to employees bank account, voiding payments if need be, and even printing checks. Payroll software simplifies and automates the aforementioned tasks to shorten cycle times and reduce manual errors.
This report studies the HR and Payroll Software.
In 2017, the global Payroll and HR Software market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
This report focuses on the global Payroll and HR Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Payroll and HR Software development in United States, Europe and China.
The key players covered in this study
Sage
SAP
Oracle(NetSuite)
Automatic Data Processing, Inc.
Paychex
Microsoft
Intuit
Workday
IBM Corporation
Infor
Kronos
Yonyou
Epicor
Unit4
Xero
Market segment by Type, the product can be split into
On-premise
Cloud-based
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Market segment by Application, split into
Small Business (SSB)
Small and Midsize Business (SMB)
Large Enterprise
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Payroll and HR Software status, future forecast, growth opportunity, key market and key players.
To present the Payroll and HR Software development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Payroll and HR Software are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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