Cloud-Based Payroll Software Market To Grow At A CAGR of 12.09% By 2021: Hexa Reports

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The report covers the present scenario and the growth prospects of the “Global Cloud-Based Payroll Software Market” for 2017-2021.

Global Cloud-based Payroll Software 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.

About Cloud-based Payroll Software
Payroll software automates, organizes, and simplifies complex compensation planning and enables managers to improve budget allocations, increase accuracy, and align compensation decisions with organizational guidelines. Enterprises are implementing payroll software to make better compensation decisions while reducing cycle times with up-to-date, accurate, and auditable processes. Cloud-based payroll software is being installed by companies as it is economical and improves the efficiency of the compensation and review processes. The growing acceptance of cloud-based payroll software can be attributed to its advantages over the traditional payroll process. Cloud-based payroll software enables organizations to access data and services remotely through a web-browser without installing and managing application software. Cloud-based payroll software also provides flexibility in the deployment and has a short implementation time. This reduces implementation cost and improves the return on investment. One of the main benefits of cloud-based payroll software is the ability to access it from anywhere.

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The Global Cloud-based Payroll Software Market to grow at a CAGR of 12.09% during the period 2017-2021.

Covered in this report
To calculate the market size, the report considers the revenue generated from the sales of cloud-based payroll software subscription, maintenance and support, installation, customization, and training.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

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Key Vendors
• ADP
• CoreHR
• Oracle
• Paychex
• SAP Success Factors
• Ultimate Software
• Workday

Market Driver
• Reduction in TCO
• For a full, detailed list, view our report

Market Challenge
• Concerns regarding data security
• For a full, detailed list, view our report

Market Trend
• Rising demand for integrated HCM solutions
• For a full, detailed list, view our report

Key questions answered in this report

1. What will the market size be in 2021 and what will the growth rate be?

2. What are the key market trends?

3. What is driving this market?

4. What are the challenges to market growth?

5. Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

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About Us:
Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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