Detailed analysis of the “HR Payroll Software Market” helps to understand the various types of HR Payroll Software products that are currently in use, along with the variants that would gain prominence in the future.
HR Payroll Software describes the payroll software in which the company will pay the salary to the employee for the work that they have completed. It consists of bonus payment, benefit deduction, vacation leaves, salary hikes, recruitment, and firing employees, checklist driven payroll processing in under a minute, accurate reconciliation tools, generate and distribute pay slips with a single click, highly configurable claims module with expenses and reimbursement workflow. Payroll Systems offers a solution to the dedicated customer as the service provided by experienced professionals for businesses of all sizes.
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Scope of the Report:
This report studies the HR Payroll Software market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the HR Payroll Software market by product type and applications/end industries.
The study indicates that the HR Payroll Software market is boosted by its flexible and comprehensive solutions that helps to organize, integrate, and simplify complex business processes to the company processes, accurate and reliable processing and reporting and secure data management and transactions.
The study also indicates that the payroll solution systems is highly customizable, proven track records, and security standard. The policies and processes to ensure customer satisfaction that reduces employer cost, liability and administrative burden through integrated payroll. Moreover, it benefits the administration and human resource management systems.
The global HR Payroll Software market is valued at 4800 million USD in 2017 and is expected to reach 8050 million USD by the end of 2023, growing at a CAGR of 9.0% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of HR Payroll Software.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
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Market Segment by Companies, this report covers
SAP
Oracle
Ultimate software
SumTotal Systems
Sage
Ascentis
SuccessFactors
Pay Focus
BambooHR
Intruit
Halogen Software
UltiPro
Vibe HCM
Patriot Payroll
ADP
Epicore
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Employee Self-Service Software
Claims Reimbursement Software
Leave Management Software
Market Segment by Applications, can be divided into
Large Size Organizations
Medium and Small Size Organizations
Major Points from Table of Content:
Chapter One: HR Payroll Software Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global HR Payroll Software Market Competition, by Players
Chapter Four: Global HR Payroll Software Market Size by Regions
Chapter Five: North America HR Payroll Software Revenue by Countries
Chapter Six: Europe HR Payroll Software Revenue by Countries
Chapter Seven: Asia-Pacific HR Payroll Software Revenue by Countries
Chapter Eight: South America HR Payroll Software Revenue by Countries
Chapter Nine: Middle East and Africa Revenue HR Payroll Software by Countries
Chapter Ten: Global HR Payroll Software Market Segment by Type
Chapter Eleven: Global HR Payroll Software Market Segment by Application
Chapter Twelve: Global HR Payroll Software Market Size Forecast (2018-2023)
Chapter Thirteen: Research Findings and Conclusion
Chapter Fourteen: Appendix
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