Payroll Outsourcing Services Market by Major Players, Supply, Demand, Market Dynamic Forces & Forecast 2024 with 21%

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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 Payroll Outsourcing Services size is expected to at a Compound Annual Growth Rate (CAGR) of +21% during the forecast period 2019-2026.

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Key Players:

ADP,Ceridian HCM,NGA Human Resources,Paychex,Accenture,Caliber Point Business Solutions (Hexaware Technologies),CGI Group,Genpact,Hewlett Packard Enterprise Development,IBM,Infosys,Intuit,Ramco Systems,SafeGuard World International,Workday

By Product type:

Customer Services, Telemarketing Services, Order Management Services, Technical Support Service

By Application:

  • Assets & Liability
  • Budgetary Control
  • General Ledger
  • Payables
  • Receivables
  • Profitability
  • GRC

This Important Points Covered in TOC:

Chapter 1: Introduction, market overview, market risk and opportunities, market driving forces, product scope of the global market

Chapter 2: Assessing the top manufacturers of the global Payroll Outsourcing Services market which consists of its sales, price, and revenue of the products

Chapter 3: Showing the competitive nature among key players, with market share, revenue, and sales

Chapter 4: Introducing global Payroll Outsourcing Services market by regions, market share and with sales and revenue for the projected period

Chapter 5, 6, 7, 8 and 9: To assess the market by manufacturers, by segments and by countries with revenue share and sales by key countries in these different regions

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