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Worldwide Payroll Accounting Market Shares, 2014: Xero and Workday Lead Payroll Growth into the Cloud

Worldwide Payroll Accounting Market Shares, 2014: Xero and Workday Lead Payroll Growth into the Cloud

This IDC study discusses the worldwide market for payroll accounting software. This market grew at a rapid pace (4.7% in 2014 over 2013) to reach $3.2 billion, driven by demand for public cloud offerings, particularly in the small and medium-sized business space."Payroll accounting is a complex, mission-critical business application as failure to get it right impacts people's lives and may lead to low employee moral or labor issues. Increasingly, organizations, particularly small and medium-sized businesses, are looking to the cloud to simplify the process of paying employees," says Christine Dover, research director for Enterprise Applications and Digital Commerce.

Please Note: Extended description available upon request.


IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Market Share
Who Shaped the Year
Xero
Workday
Intuit
Sage
Market Context
Significant Market Developments
Methodology
Market Definition
Related Research

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