Press release
Global Payroll Outsourcing Market Size And Services Become Safe At CAGR of 4.4% Over 2016-2020
About Payroll OutsourcingView Full Report: http://www.marketresearchreports.biz/analysis/565564
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 services to enhance the existing function. Managing payroll in-house involves high costs. Organizations that maintain 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 majority of payroll outsourcing functions are related to finance and accounting (F&A), human capital management (HCM), and shared service centers. The HR department uses outsourcing services more commonly than any other departments.
Technavios analysts forecast the global payroll outsourcing market to grow at a CAGR of 4.4% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global payroll outsourcing market for 2016-2020. To calculate the market size, the report considers the revenue generated from payroll services outsourced to third-party service provider.
The market is divided into the following segments based on geography:
APAC
Americas
EMEA
To Get The Sample Copy Of This Report: http://www.marketresearchreports.biz/sample/sample/565564
Technavio's report, Global Payroll Outsourcing Market 2016-2020, 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
Genpact
NGA
Workday
Other prominent vendors
Accenture
Caliber Point
Cegadim SRH
CGI
Excellerate HRO
HP
HR Access
IBM
Infosys
Logica
Neeyamo
Paychex
Ramco Systems
Safeguard
Steria
TDS
Workday
Market driver
Need for payroll cost visibility
For a full, detailed list, view our report
Market challenge
Inability to offer proven services
For a full, detailed list, view our report
Market trend
Improved usage of technology
For a full, detailed list, view our report
Key questions answered in this 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?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
Marketresearchreports.biz is the most comprehensive collection of market research reports. Marketresearchreports.biz services are especially designed to save time and money of our clients.
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Toll Free: 866-997-4948
(USA-CANADA)
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Payroll Outsourcing Market Size And Services Become Safe At CAGR of 4.4% Over 2016-2020 here
News-ID: 344836 • Views: …
More Releases from http://www.marketresearchreports.biz/
Health Promoting Wellness Tourism Market Research, Rising Demand To Drive Global …
People traveling to domestic or foreign locations and staying for not more than one consecutive year for business, leisure, and other purposes are defined as tourists. Tourism is one of the major sources of income for many countries. It positively affects the economy of both the source and host countries.
View Report: http://www.marketresearchreports.biz/analysis/768139
Technavios analysts forecast the global wellness tourism market to grow at a CAGR of -10.69% during the period 2016-2020.
Covered…
Application Lifecycle Management (ALM) Market (By Component - Software, Services …
This report on the global ALM market provides analysis for the period from 2013 to 2023, wherein 2014 is the base year and the years from 2015 to 2023 are the forecast period. Data for 2013 has been included as historical information. The report covers all the prevalent trends and technologies playing a major role in the growth of the ALM market over the forecast period. It also highlights various…
Cardiac Rehabilitation Market Analysis, Size, Share, Growth, Trends, And Forecas …
Increasing burden of cardiovascular diseases has made the global population realize the importance of physical activities in daily routine. This has increased demand for cardiac rehabilitation programs. Such programs help the patients to recover early from any previous cardiac strokes. A cardiac rehabilitation program is a comprehensive activity, which is continuously monitored in order to assist the population to improve their lifestyle. Various cardiovascular risk parameters are monitored and are…
Global Wireless Smart Lighting Control System Consumption 2016 Market Research R …
The Global Wireless Smart Lighting Control system Consumption 2016 Market Research Report is a professional and in-depth study on the current state of the Wireless Smart Lighting Control system market.
Access Report: http://www.marketresearchreports.biz/analysis/763107
First, the report provides a basic overview of the Wireless Smart Lighting Control system industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.
Secondly, the…
More Releases for Payroll
IBN Technologies Affordable Payroll Services Streamline Payroll for Small Busine …
IBN Technologies offers cost-effective payroll solutions tailored for U.S. small firms. With 100% accuracy, expert compliance support, and secure cloud access, firm simplifies payroll processing while reducing internal workload and risk. Businesses benefit from on-time payments, streamlined tax reporting, and scalable systems that grow alongside them.
Miami, Florida - 20 Aug, 2025 - Small business owners seeking cost-effective ways to handle complex payroll tasks are increasingly turning to the firms that…
IBN Technologies Outsource Payroll Services Lead Payroll Innovation Across Flori …
Florida organizations are adopting outsource payroll services to handle growing payroll complexities and changing labor regulations. External providers deliver accurate, timely payroll processing and compliance management, reducing administrative burdens. This transition enhances operational reliability, supports multi-location payroll consistency, and allows internal teams to focus on core financial goals, ensuring business continuity and compliance.
Miami, Florida - 11 June, 2025 - Finance departments across Florida are increasingly leveraging outsource payroll solutions to…
IBN Technologies Outsource Payroll Services Streamline Payroll for New Jersey Co …
In New Jersey, organizations increasingly use outsource payroll services to address regulatory and workforce challenges. Specialized payroll providers offer tailored, precise payroll processing, reducing risks of errors and late filings. Outsourcing supports consistent payroll practices across locations and enables finance teams to focus on strategic priorities, driving operational efficiency and compliance in a complex regulatory environment.
Miami, Florida - 11 June, 2025 - Finance teams in New Jersey are increasingly turning…
Best Payroll Service for Small Businesses in California Simplifies Payroll Proce …
Small businesses in California face payroll challenges, from tax compliance to wage management. The best payroll service for small businesses in California ensures accurate payroll processing, timely tax filings, and compliance with labor laws. With expert-driven solutions, businesses can reduce payroll errors, avoid penalties, and focus on growth. Reliable payroll management helps businesses streamline operations with precision and efficiency.
Miami, Florida - February 18, 2025 - Small businesses in California face…
Payroll Software: Minop Introduces Advanced Solution to Revolutionize Payroll Ma …
Minop, a leading innovator in cloud-based business solutions, proudly announces the launch of its latest Payroll Software, designed to revolutionize the way businesses manage payroll. This advanced solution is engineered to simplify payroll processes, enhance accuracy, and ensure compliance, catering to the evolving needs of businesses of all sizes.
Revolutionizing Payroll Management with Advanced Features
Minop's payroll management software is built to automate complex payroll tasks, ensuring accurate calculations, timely processing, and…
HR Payroll Software Market: Streamlining Human Resource and Payroll Management
HR Payroll Software Market report 2024-2031 covers the whole scenario of the global including key players, their future promotions, preferred vendors, and shares along with historical data and price analysis. It continues to offer key details on changing dynamics to generate -improving factors. The best thing about the Tax Management report is the provision of guidelines and strategies followed by major players. The investment opportunities in the highlighted here will…
