Press release
Payroll Outsourcing Services Market to a CAGR 5.56% Growth to 2021
Market Size Forecasters delivers significant information and realistic data of the Payroll Outsourcing Services Market. The report presents a deep study of the market growth factors and drivers. In-depth research of the Payroll Outsourcing Services Market limitations and the opportunities enable the user to make the future projection.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 Report 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.
Request a sample copy of Payroll Outsourcing Services Market Research Report @
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The market is divided into the following segments based on geography: Americas, APAC, EMEA
The report, 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
Market driver Increasing demand to standardize processes, technology, and governance., For a full, detailed list, view our report
The listed pricing for this Payroll Outsourcing Services Market report starts at $ 3500. Request Discount for Payroll Outsourcing Services Market Research Report @ https://marketsizeforecasters.com/enquire-for-discount/34871/?utm_source=OPR-AN
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
Browse full table of contents and data tables For Payroll Outsourcing Services Market Report @ https://marketsizeforecasters.com/global-payroll-outsourcing-services-market
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MarketSizeForecasters.com, a Skyline Market Research LLP brand, is an online aggregator of market research reports. MarketSizeForecasters.com offers a comprehensive collection of full length reports on global and regional markets in 100+ industry verticals. We have partnered with some of the leading business and market research publishing houses and regularly update our online library to offer wide range of reports to our customers.
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