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Cloud-based Payroll Software Market Global 2016 Industry Research, Forecast and Analysis to 2020

Sunday, November 6, 2016 22:04
% of readers think this story is Fact. Add your two cents. adds a new research report Global Cloud-based Payroll Software Market 2016-2020. The report, Global Cloud-Based Payroll Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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.

This analyst forecast the global cloud-based payroll software market to grow at a CAGR of 6.94% during the period 2016-2020.

Complete report available @

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.

This 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.

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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

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