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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.
Scope of the Report:
This report studies the Cloud-based 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 Cloud-based Payroll Software market by product type and applications/end industries.
According to the report, one of the major drivers for this market is Reduction in TCO. For traditional on-site security software, TCO includes a high upfront software license cost and software implementation cost coupled with a high maintenance cost. In the case of cloud, cloud vendors are responsible for the implementation, maintenance, updates, and backup of software, thereby reducing the need for internal IT administration. In addition, the pricing model of cloud-based payroll software is based on the pay-per-use model, where customers pay according to their use of the services, as opposed to a traditional on-site model that requires a one-time substantial capital investment and ongoing operational costs.
The global Cloud-based Payroll Software market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% 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 Cloud-based 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%.
Market Segment by Companies, this report covers
ADP
CoreHR
Oracle
Paychex
SAP Success Factors
Ultimate Software
Workday
Aditro
Advanced
Affinity
Ascentis
BenefitMall
beqom
Ceridian HCM
CloudPay
Datacom
Execupay
Gusto
iAdmin
IRIS Software
Paycom
Payroo
Sage (UK)
SmartPayroll Australia
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
Business Software
Cloud ERP Software
Services Automation
Market Segment by Applications, can be divided into
SMEs
Large Enterprises
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Cloud-based Payroll Software Market Overview
1.1 Product Overview and Scope of Cloud-based Payroll Software
1.2 Classification of Cloud-based Payroll Software by Types
1.2.1 Global Cloud-based Payroll Software Revenue Comparison by Types (2017-2023)
1.2.2 Global Cloud-based Payroll Software Revenue Market Share by Types in 2017
1.2.3 Business Software
1.2.4 Cloud ERP Software
1.2.5 Services Automation
1.3 Global Cloud-based Payroll Software Market by Application
1.3.1 Global Cloud-based Payroll Software Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 SMEs
1.3.3 Large Enterprises
1.4 Global Cloud-based Payroll Software Market by Regions
1.4.1 Global Cloud-based Payroll Software Market Size (Million USD) Comparison by Regions (2013-2023)
1.4.1 North America (USA, Canada and Mexico) Cloud-based Payroll Software Status and Prospect (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Cloud-based Payroll Software Status and Prospect (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Cloud-based Payroll Software Status and Prospect (2013-2023)
1.4.4 South America (Brazil, Argentina, Colombia) Cloud-based Payroll Software Status and Prospect (2013-2023)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Cloud-based Payroll Software Status and Prospect (2013-2023)
1.5 Global Market Size of Cloud-based Payroll Software (2013-2023)
2 Manufacturers Profiles
2.1 ADP
2.1.1 Business Overview
2.1.2 Cloud-based Payroll Software Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 ADP Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.2 CoreHR
2.2.1 Business Overview
2.2.2 Cloud-based Payroll Software Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 CoreHR Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.3 Oracle
2.3.1 Business Overview
2.3.2 Cloud-based Payroll Software Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Oracle Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.4 Paychex
2.4.1 Business Overview
2.4.2 Cloud-based Payroll Software Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Paychex Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.5 SAP Success Factors
2.5.1 Business Overview
2.5.2 Cloud-based Payroll Software Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 SAP Success Factors Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.6 Ultimate Software
2.6.1 Business Overview
2.6.2 Cloud-based Payroll Software Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Ultimate Software Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.7 Workday
2.7.1 Business Overview
2.7.2 Cloud-based Payroll Software Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Workday Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.8 Aditro
2.8.1 Business Overview
2.8.2 Cloud-based Payroll Software Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Aditro Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.9 Advanced
2.9.1 Business Overview
2.9.2 Cloud-based Payroll Software Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Advanced Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.10 Affinity
2.10.1 Business Overview
2.10.2 Cloud-based Payroll Software Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 Affinity Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.11 Ascentis
2.11.1 Business Overview
2.11.2 Cloud-based Payroll Software Type and Applications
2.11.2.1 Product A
2.11.2.2 Product B
2.11.3 Ascentis Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.12 BenefitMall
2.12.1 Business Overview
2.12.2 Cloud-based Payroll Software Type and Applications
2.12.2.1 Product A
2.12.2.2 Product B
2.12.3 BenefitMall Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.13 beqom
2.13.1 Business Overview
2.13.2 Cloud-based Payroll Software Type and Applications
2.13.2.1 Product A
2.13.2.2 Product B
2.13.3 beqom Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.14 Ceridian HCM
2.14.1 Business Overview
2.14.2 Cloud-based Payroll Software Type and Applications
2.14.2.1 Product A
2.14.2.2 Product B
2.14.3 Ceridian HCM Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.15 CloudPay
2.15.1 Business Overview
2.15.2 Cloud-based Payroll Software Type and Applications
2.15.2.1 Product A
2.15.2.2 Product B
2.15.3 CloudPay Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.16 Datacom
2.16.1 Business Overview
2.16.2 Cloud-based Payroll Software Type and Applications
2.16.2.1 Product A
2.16.2.2 Product B
2.16.3 Datacom Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.17 Execupay
2.17.1 Business Overview
2.17.2 Cloud-based Payroll Software Type and Applications
2.17.2.1 Product A
2.17.2.2 Product B
2.17.3 Execupay Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.18 Gusto
2.18.1 Business Overview
2.18.2 Cloud-based Payroll Software Type and Applications
2.18.2.1 Product A
2.18.2.2 Product B
2.18.3 Gusto Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.19 iAdmin
2.19.1 Business Overview
2.19.2 Cloud-based Payroll Software Type and Applications
2.19.2.1 Product A
2.19.2.2 Product B
2.19.3 iAdmin Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.20 IRIS Software
2.20.1 Business Overview
2.20.2 Cloud-based Payroll Software Type and Applications
2.20.2.1 Product A
2.20.2.2 Product B
2.20.3 IRIS Software Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.21 Paycom
2.21.1 Business Overview
2.2.2 Cloud-based Payroll Software Type and Applications
2.21.2.1 Product A
2.21.2.2 Product B
2.21.3 Paycom Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.22 Payroo
2.22.1 Business Overview
2.22.2 Cloud-based Payroll Software Type and Applications
2.22.2.1 Product A
2.22.2.2 Product B
2.22.3 Payroo Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.23 Sage (UK)
2.23.1 Business Overview
2.23.2 Cloud-based Payroll Software Type and Applications
2.23.2.1 Product A
2.23.2.2 Product B
2.23.3 Sage (UK) Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
2.24 SmartPayroll Australia
2.24.1 Business Overview
2.24.2 Cloud-based Payroll Software Type and Applications
2.24.2.1 Product A
2.24.2.2 Product B
2.24.3 SmartPayroll Australia Cloud-based Payroll Software Revenue, Gross Margin and Market Share (2016-2017)
3 Global Cloud-based Payroll Software Market Competition, by Players
3.1 Global Cloud-based Payroll Software Revenue and Share by Players (2013-2018)
3.2 Market Concentration Rate
3.2.1 Top 5 Cloud-based Payroll Software Players Market Share
3.2.2 Top 10 Cloud-based Payroll Software Players Market Share
3.3 Market Competition Trend
4 Global Cloud-based Payroll Software Market Size by Regions
4.1 Global Cloud-based Payroll Software Revenue and Market Share by Regions
4.2 North America Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
4.3 Europe Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
4.4 Asia-Pacific Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
4.5 South America Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
4.6 Middle East and Africa Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
5 North America Cloud-based Payroll Software Revenue by Countries
5.1 North America Cloud-based Payroll Software Revenue by Countries (2013-2018)
5.2 USA Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
5.3 Canada Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
5.4 Mexico Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
6 Europe Cloud-based Payroll Software Revenue by Countries
6.1 Europe Cloud-based Payroll Software Revenue by Countries (2013-2018)
6.2 Germany Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
6.3 UK Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
6.4 France Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
6.5 Russia Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
6.6 Italy Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
7 Asia-Pacific Cloud-based Payroll Software Revenue by Countries
7.1 Asia-Pacific Cloud-based Payroll Software Revenue by Countries (2013-2018)
7.2 China Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
7.3 Japan Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
7.4 Korea Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
7.5 India Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
7.6 Southeast Asia Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
8 South America Cloud-based Payroll Software Revenue by Countries
8.1 South America Cloud-based Payroll Software Revenue by Countries (2013-2018)
8.2 Brazil Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
8.3 Argentina Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
8.4 Colombia Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
9 Middle East and Africa Revenue Cloud-based Payroll Software by Countries
9.1 Middle East and Africa Cloud-based Payroll Software Revenue by Countries (2013-2018)
9.2 Saudi Arabia Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
9.3 UAE Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
9.4 Egypt Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
9.5 Nigeria Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
9.6 South Africa Cloud-based Payroll Software Revenue and Growth Rate (2013-2018)
10 Global Cloud-based Payroll Software Market Segment by Type
10.1 Global Cloud-based Payroll Software Revenue and Market Share by Type (2013-2018)
10.2 Global Cloud-based Payroll Software Market Forecast by Type (2018-2023)
10.3 Business Software Revenue Growth Rate (2013-2023)
10.4 Cloud ERP Software Revenue Growth Rate (2013-2023)
10.5 Services Automation Revenue Growth Rate (2013-2023)
11 Global Cloud-based Payroll Software Market Segment by Application
11.1 Global Cloud-based Payroll Software Revenue Market Share by Application (2013-2018)
11.2 Cloud-based Payroll Software Market Forecast by Application (2018-2023)
11.3 SMEs Revenue Growth (2013-2018)
11.4 Large Enterprises Revenue Growth (2013-2018)
12 Global Cloud-based Payroll Software Market Size Forecast (2018-2023)
12.1 Global Cloud-based Payroll Software Market Size Forecast (2018-2023)
12.2 Global Cloud-based Payroll Software Market Forecast by Regions (2018-2023)
12.3 North America Cloud-based Payroll Software Revenue Market Forecast (2018-2023)
12.4 Europe Cloud-based Payroll Software Revenue Market Forecast (2018-2023)
12.5 Asia-Pacific Cloud-based Payroll Software Revenue Market Forecast (2018-2023)
12.6 South America Cloud-based Payroll Software Revenue Market Forecast (2018-2023)
12.7 Middle East and Africa Cloud-based Payroll Software Revenue Market Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure Cloud-based Payroll Software Picture
Table Product Specifications of Cloud-based Payroll Software
Table Global Cloud-based Payroll Software and Revenue (Million USD)
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