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(I-SoftwareNews.Com, December 08, 2017 ) Payroll outsourcing is the fastest-growing segment of the global human resource outsourcing (HRO) market. Organizations are rapidly adopting payroll services to achieve cost reduction. They either outsource a single process or the entire set of services to enhance the existing function. Most of the payroll outsourcing functions are related to finance and accounting (F&A) , human capital management (HCM) , and shared service centers. Organizations maintaining an in-house team for tasks such as payroll, time and attendance, workforce administration, and benefits administration spend 20% more than organizations that outsource the same functions.
Publisher's analysts forecast the global payroll outsourcing services market to grow at a CAGR of 5.56% during the period 2017-2021.
For more information about this report: http://www.reportsweb.com/global-payroll-outsourcing-services-market-2017-2021 .
Covered in this report
The report covers the present scenario and the growth prospects of the global payroll outsourcing services market for 2017-2021. To calculate the market size, the report considers the revenue generated from payroll services outsourced to third-party service providers.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Publisher's report, 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.
Key vendors
- ADP
- Ceridian HCM
- NGA Human Resources
- Paychex
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001758582/sample .
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
Market driver
- Increasing demand to standardize processes, technology, and governance.
- For a full, detailed list, view our report
Market challenge
- Issues related to geographical transition.
- For a full, detailed list, view our report
Market trend
- Rise of multi-country and centralized outsourcing models.
- For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001758582/buying .
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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