Global Payroll Outsourcing Services Market 2017-2021 - Key vendors are ADP, Ceridian HCM, NGA Human Resources & Paychex - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Payroll Outsourcing Services Market 2017-2021" report to their offering.

The analysts forecast the global payroll outsourcing services market to grow at a CAGR of 5.56% during the period 2017-2021.

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.

One trend in market is rise of multi-country and centralized outsourcing models. Organizations are looking for outsourcing partners that have exposure to multiple countries and can handle all the recruitment functions using sophisticated methods such as benchmarking, best practices, and process improvement.

Globalization has toughened the competitive environment for outsourcing providers. India and China are considered to be the main countries receiving outsourcing projects.

One driver in market is growing need for payroll cost visibility. Economic and cultural globalization, the extension of manufacturing processes across geographies, and the widespread use of lean methodologies are driving demand for payroll cost visibility.

Transnational organizations often seek contracts that confer global visibility of costs and aggregate reporting of payments, employee data, and other services. Multi-country contracts provide flexibility and scalability that helps operators to venture into virgin markets. Clients typically opt for vendors with domain expertise and those that conform to strict service level agreements.

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
  • Ramco Systems
  • SafeGuard World International
  • Workday

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Five forces analysis

Part 07: Market segmentation by product

Part 08: Market segmentation by end-user

Part 09: Geographical segmentation

Part 10: Decision framework

Part 11: Drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape

Part 14: Key vendor profiles

Part 15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/fbc7km/global_payroll

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Payroll, Consulting and Outsourcing

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Payroll, Consulting and Outsourcing