DUBLIN--(BUSINESS WIRE)--The "Cloud-based Payroll Software Market by Organization Size - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.
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. However, regulatory compliances and synchronizing domestic HR processes with global HR standards impede the market growth. Integration of various modules & software is opportunistic for the cloud-based payroll software market growth.
The global cloud-based payroll software market is segmented based on organizational size, industry vertical, and geography. The organizational size segment includes large enterprises and small & medium enterprises (SMEs). Based on industry vertical, the market is classified into retail; healthcare; manufacturing; banking, financial services, and insurance (BFSI); and others.
Ascentis HR Software
Paycom Software, Inc.
Ceridian HCM, Inc.
IRIS Software Group, Ltd.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Cloud-Based Payroll Software Market, By Organization Size
Chapter 5 Cloud-Based Payroll Software Market, By Industry Vertical
Chapter 6 Cloud-Based Payroll Software Market, By Geography
Chapter 7 Company Profiles
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