The payroll department plays a crucial role in human resources, wherein its primary task is to ensure that all the employees are paid accurately after the necessary deductions. Further, with the deployment of payroll software, the HR department is able to track the number of hours that each employee has worked; this data is utilized for calculating the salary compensation. The cloud-based payroll software market is driven by the secured cloud backup of employee data, ease of system enhancements & updates, and advantages over on-premise solutions.
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Leading Players in the Cloud-based Payroll Software Market:
- ADP, Inc.
- Sage Group
- Zenefits Software
- Kronos Incorporated
- Ascentis HR Software
- Oracle Corporation
- Paycom Software, Inc.
- Ceridian HCM, Inc. (Morneau Sheppell Inc.)
- FinancialForce Software
- IRIS Software Group, Ltd.
The Cloud-based Payroll Software market analysis is intended to provide all participants and vendors with pertinent specifics about growth aspects, roadblocks, threats, and lucrative business opportunities that the market is anticipated to reveal in the coming years. This intelligence study also encompasses the revenue share, market size, market potential, and rate of consumption to draw insights pertaining to the rivalry to gain control of a large portion of the market share.
BY ORGANIZATION SIZE
- Large Enterprises
- SMEs
BY INDUSTRY VERTICAL
- Retail
- Healthcare
- Manufacturing
- BFSI
- Others
Competitive landscape
The Cloud-based Payroll Software Industry is extremely competitive and consolidated because of the existence of several established companies that are adopting different marketing strategies to increase their market share. The vendors engaged in the sector are outlined based on their geographic reach, financial performance, strategic moves, and product portfolio. The vendors are gradually widening their strategic moves, along with customer interaction.
Cloud-based Payroll Software Market Segmented by Region/Country: US, Europe, China, Japan, Middle East & Africa, India, Central & South America
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Points Covered in the Report:
- The pivotal aspects considered in the Global Cloud-based Payroll Software Market report consist of leading competitors functioning in the Global Cloud-based Payroll Software market
- The report encompasses company profiles prominently positioned in the global market.
- The sales, corporate strategies, and technological capabilities of leading manufacturers are also mentioned in the report.
- The driving factors for the growth of the Global Cloud-based Payroll Software Market are explained exhaustively, along with an in-depth account of the end users in the industry.
- The report also explains critical application areas of the market to readers/users.
- The report undertakes a SWOT analysis of the market. In the final section, the report features the opinions and views of industry experts and professionals. The experts also evaluate the export/import policies that might propel the growth of the Global Cloud-based Payroll Software Market.
- The report on the Global Cloud-based Payroll Software Market delivers valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Cloud-based Payroll Software Market Size
2.2 Cloud-based Payroll Software Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Cloud-based Payroll Software Market Size by Manufacturers
3.2 Cloud-based Payroll Software Key Players Head office and Area Served
3.3 Key Players Cloud-based Payroll Software Product/Solution/Service
3.4 Date of Enter into Cloud-based Payroll Software Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Cloud-based Payroll Software Sales by Product
4.2 Global Cloud-based Payroll Software Revenue by Product
4.3 Cloud-based Payroll Software Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Cloud-based Payroll Software Breakdown Data by End User
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