Global HR Payroll Processing Services Category - Procurement Market Intelligence Report

Global HR Payroll Processing Services Category - Procurement Market Intelligence Report

  • December 2018 •
  • 105 pages •
  • Report ID: 5154259 •
  • Format: PDF
About HR Payroll Processing Services Market
HR Payroll processing services include the calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and management reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients’ payroll obligations. The spend momentum of this category is attributed to the increasing demand for cloud-based payroll solutions which are flexible, require shorter time for implementation, and are cost-effective to use.

Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global HR Payroll Processing Services Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

The report, Global HR Payroll Processing Services Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver
• Rapid growth of multi-country payroll processing market
• For a full, detailed list, view our report
Category management strategy
• Outsourcing of HR payroll processing services to achieve up to 20% cost savings
• For a full, detailed list, view our report

Procurement best practices
• Ensuring participation and collaboration of cross-functional teams
• For a full, detailed list, view our report

Key questions answered in this report
• What are the market dynamics?
• What are the key market trends?
• What are the category growth drivers?
• What are the constraints on category growth?
• Who are the suppliers in this market?
• What are the demand-supply shifts?
• What are the major category requirements?
• What are the procurement best practices in this market?

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