About Cloud-Based Payroll Software
In HR, the payroll department is critical as employees are sensitive to payroll errors and irregularities. The key task of the payroll department is to ensure that all the employees are paid accurately and appropriately after the correct deductions. In addition, with the use of the payroll software, the HR team can track the number of hours each employee has worked, which is used to calculate the salary compensation.
Technavio’s analysts forecast the global cloud-based payroll software market to grow at a CAGR of 6.94% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global cloud-based payroll software market for 2016-2020. To calculate the market size, the report provides a list of leading global vendors that provide global cloud-based payroll software.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Cloud-Based Payroll Software 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
• BenefitMall
• Ceridian HCM
• CloudPay
• CoreHR
• Gusto
• Intuit
• Oracle
• Paychex
• SAP SuccessFactors
• Ultimate Software
• Workday
• Zenefits
Other prominent vendors
• AmCheck
• Automatic Payroll Systems
• IRIS Software
• Interlogic Outsourcing
• MyPayrollHR
• Namely
• Patriot Software
• Sage Group
• Telepayroll
Market driver
• Advantages of cloud over on-premises solutions.
• For a full, detailed list, view our report
Market challenge
• Stabilizing domestic HR processes with global HR standards.
• For a full, detailed list, view our report
Market trend
• Strategic decision-making using HR analytics.
• 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 analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market segmentation
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
• Payroll
PART 05: Market landscape
• Market overview
• Market size and forecast
PART 06: Market segmentation by deployment type
• Global Payroll software market by deployment type
PART 07: Market segmentation by end-user
• Global cloud-based payroll software market by end-user
PART 08: Geographical segmentation
• Global cloud-based payroll software market by geography 2015
• Global cloud-based payroll software market by geography 2015-2020
• Americas
• EMEA
• APAC
PART 09: Buying criteria
• Cost
• Interoperability
• Scalability
• Deployment options
• Service and support
PART 10: Market drivers
• Advantages of cloud over on-premises solutions
• Secure backup of employee data
• Ease in system updates and enhancements
PART 11: Impact of drivers
PART 12: Market challenges
• Regulatory compliance
• Stabilizing domestic HR processes with global HR standards
PART 13: Impact of drivers and challenges
PART 14: Market trends
• Accessibility to mobile applications
• Strategic decision-making using HR analytics
• Integration of different modules to perform different functions
PART 15: Five forces model
PART 16: Vendor landscape
• Competitive scenario
• Vendor analysis
• Vendor overview
PART 17: Technology providers
• Vendor Matrix
• Comparative chart for technology providers
• Vendor profiles of technology providers
PART 18: Pure players
• Vendor matrix
• Comparative chart for pure players
• Vendor profiles
• Other prominent vendors
PART 19: Explore Technavio
?
List of Exhibits
Exhibit 01: Major countries covered
Exhibit 02: Product offerings
Exhibit 03: Overview of global payroll software market
Exhibit 04: Global cloud-based payroll software market 2015 ($ billions)
Exhibit 05: Global payroll software market by deployment type 2015 and 2020
Exhibit 06: Comparison of cloud and on-premises solutions
Exhibit 07: Global cloud-based payroll software market by end-users 2015 and 2020 (% share)
Exhibit 08: Global cloud-based payroll software market by geography 2015
Exhibit 09: Global cloud-based payroll software market by geography 2015-2020
Exhibit 10: Global cloud-based payroll software market in Americas 2015-2020 ($ billions)
Exhibit 11: Increase in the employment rate in Brazil August 2015-July 2016 (%)
Exhibit 12: Global cloud-based payroll software market in EMEA 2015-2020 ($ billions)
Exhibit 13: Global cloud-based payroll software market in APAC 2015-2020 ($ billions)
Exhibit 14: Buying criteria for cloud-based payroll software
Exhibit 15: Price comparison table for cloud and on-premises solutions
Exhibit 16: Impact of drivers
Exhibit 17: Impact of drivers and challenges
Exhibit 18: Five forces model
Exhibit 19: Features provided by cloud-based payroll software vendors
Exhibit 20: Support information provided by cloud-based payroll software vendors
Exhibit 21: Customer base of cloud-based payroll software vendors
Exhibit 22: Comparative petal chart for technology provider vendors
Exhibit 23: ADP: Key products and features
Exhibit 24: Intuit: Key products and features
Exhibit 25: Oracle: Key products and features
Exhibit 26: Paychex: Key products and features
Exhibit 27: SAP SuccessFactors: Key products and features
Exhibit 28: Workday: Key products and features
Exhibit 29: Features provided by cloud-based payroll software vendors
Exhibit 30: Support information provided by cloud-based payroll software vendors
Exhibit 31: Customer base of cloud-based payroll software vendors
Exhibit 32: Comparative petal chart for pure player vendors
Exhibit 33: BenefitMall: Key products and features
Exhibit 34: Ceridian HCM: Key products and features
Exhibit 35: CloudPay: Key products and features
Exhibit 36: CoreHR: Key products and features
Exhibit 37: Gusto: Key products and features
Exhibit 38: Ultimate Software: Key products and features
Exhibit 39: Zenefits: Key products and features
Exhibit 40: Other prominent vendors
