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[anki1994]

HR Payroll Software Market Opportunities, Trends, and Forecasts to 2031

The Insight Partners latest offering, titled “HR Payroll Software Market Size and Share Analysis to 2031,” provides comprehensive insights for startups and big market players. The report covers industry performance, risk factors, growth determinants, economics of cost, and ROI streams. It combines qualitative and primary research methods, making it an essential product for companies, investors, and business strategists aiming to excel in the HR Payroll Software market in a projected timeframe.

Market Overview

HR Payroll Software market has experienced dynamic transformations in recent years, anticipated to remain an investible domain for investors in the projected time. The market is propelled by consumer preferences, regulatory parameters, and advancements in technology. Concurrently, the surge in automation has favored HR Payroll Software market share expansion. Advancements in manufacturing technologies have made the HR Payroll Software market viable and accessible, which is further expected to contribute to market growth.

In confluence with the aforementioned growth drivers, the HR Payroll Software market is also gauged for restraints and trends. The emerging trends in the market are analyzed in this chapter to assist market players in trying to retain their competitive edge. Strategic insights on key players and their tactics are perks of this research. This section brings forward different organic business strategies, strategic partnerships, and collaborations in the HR Payroll Software market.

Market Segmentation

To adequately aid their customers in a competitive HR Payroll Software market, enterprises must educate themselves on key segments. Streamlining market approaches is an effective application of market research. The market segmentation section focuses on product, application, and regional categories. Understanding demographics and high-ROI geographical regions helps entrepreneurs optimize their products. 

Regional Insights

The report attempts to explore both global and regional market aspects through authorized sources. Regional share, trends, key market players, and future scope are perks under this section.

Report Attributes

Details

Segmental Coverage

Application

Payroll

Employees Benefits

Tax Fillings

Employee Records

Performance Review

Learning Management

Time and Attendance

Leave Management

Others

Services

Installation

UP-gradation

Modification

HR Shared Services

Service Activity Report

Deployment

On-Premises

Cloud Hosted

End-User

Large Scale Industry

Medium Scale Industry

Small Scale Industry

Others

Regional and Country Coverage

North America (US, Canada, Mexico)

Europe (UK, Germany, France, Russia, Italy, Rest of Europe)

Asia Pacific (China, India, Japan, Australia, Rest of APAC)

South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)

Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)

Market Leaders and Key Company Profiles

Kronos(U.S)

PeopleAdmin

Taleo Corporation

Halogen Software Inc

Kenexa Corporation

SuccessFactors

SumTotal Systems Inc.

Sage(U.S)

Ascentis

Epicore1

Keka Inc1

Greytip Software Pvt. Ltd1

Zoho Corporation Pvt. Ltd1

Paybooks1

Kredily1

SUMOPAYROLL1

HRMantra Software Pvt. Ltd.1

Ramco Systems.1

Zimyo Consulting Private Limited20.Technology Counter Pvt. Ltd.2

HROne2

Marg ERP Limited2

Razorpay2

MasterSoft2

Pocket HRMS2

Natural HR Limited2

ZingHR2

ADP, Inc.2

Perk Payroll30.Sysfore Technologies Pvt. Ltd

Other key companies 

Need a Customized Market Research Report?

You can always share any specific requirements that you have, and our team will adjust the scope of research offerings as per your needs. the following are some customizations our clients ask for:

The report can be customized based on specific regions/countries as per the intention of the business

The report production was facilitated as per the need and following the expected time frame

Insights and chapters tailored as per your requirements.

Depending on the preferences we may also accommodate changes in the current scope.

Key Questions Addressed in the HR Payroll Software Market Research Include:

What are present HR Payroll Software market values, and what can be expected in the upcoming decade?

What are the key segments in the HR Payroll Software market?

What is the regional distribution of the HR Payroll Software market report?

What are the key players and their recent strategies?

What are the key factors driving HR Payroll Software market growth?

What are regulatory concerns and requirements businesses have to compel?

Our Unique Research Methods at The Insight Partners

We offer syndicated market research solutions and consultation services that provide complete coverage of global markets. This report includes a snapshot of global and regional insights. We pay attention to business growth and partner preferences, that why we offer customization on all our reports to meet individual scope and regional requirements.

Our team of researchers utilizes exhaustive primary research and secondary methods to gather precise and reliable information. Our analysts cross-verify facts to ensure validity. We are committed to offering actionable insights based on our vast research databases.

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.

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@sysfore

[sysforemea]

India Retail Forum 2011 (IRF) 2011:

20 – 21 September, 2011 (Day 1)

FDI in Retail: Understanding the issues

One of the major discussions of India Retail Forum (IRF) 2011, held in Mumbai at Hotel Renaissance, was on FDI in retail. Ajith Mathew George, Director – Projects of Sysfore Technologies, who was at IRF 2011 shares some views:

“Mr. Abheek Singhi pointed out that organized retail in India is still a single digit figure less than 5%. He added that after liberalization the SSI sector only doubled in each decade since the 80s and hence there is no need to worry about FDI liberalization. FDI in China, Brazil and Thailand has shown growing tax revenues for the government and has also removed tax evaders.

According to Mr. Ajit Joshi, it is mostly the Indian IT supporting retail globally and oversees players are not going to bring in major tech break-through to retail IT. FDI in retail means involvement in every aspect of the lifecycle of retail sector including supply chain, manufacturing, logistics, warehousing, IT, store design, etc., says Raj Jain of Walmart.

The traders association represented by Mr. Bhartia and Mr. Viren couldn't justify the opposition made by them against FDI in retail. Rajiv Kumar, Secretary General of FICCI said it may take minimum of 2 years for the Indian government to make a decision on FDI in retail.

NDTV anchor Manvi Dhillon did a wonderful job in maintaining a lively panel.”

Post-script:  FDI in Retail continues to be a contentious issue in India. Since the conference, the Government of India announced  measures  to enourage more FDI into the Retail sector. It has subsequently put these measures on hold due to objections from Opposition parties, and certain sectors of India society.

In picture (Left to Right) – Manvi Dhillon, Abheek Singhi, Ajit Joshi, Thomas Varghese, Bijou Kurien, Kishore Biyani, BC Bhartia, Raj Jain, Viren Shah, Dr. Rajiv Kumar

[sysforeretail]

Launch of the retail management solution "SYSFORETAIL" at the Retail Forum (IRF) 2012. Sysfore Technologies launched its latest opensource retail management solution "SYSFORETAIL" at the premier-most retail event - India Retail Forum (IRF) 2012... ...Ajith Mathew George,Founder & Director of Projects, along with his team (Pinky Gandhi, Head - Retail Practice, and Ajit Israel, Enterprise Sales) from Sysfore Technologies were at the IRF 2012 conference on 10th & 11th October September, 2012 in Mumbai. Read More

[sysfore]

TiE Retail SIG: Jumpstarting the Retail Entrepreneurial Ecosystem, 21 Apr 2012 TiE Retail event held on April 21, 2012 saw the launch of TiE SIG (Special Interest Group). This group will become a platform for retail entrepreneurs to network, listen to industry experts, interact with leaders and takeaway best practices on being successful in the retail industry. This group will see participation from successful retail business leaders, retail consultants, and venture capitalists, and will provide opportunities to have direct communication with eminent experts and have other mentoring sessions. The event saw an active participation with a packed hall of more than 150 members. S. R. Gopalan, President, TiE Bangalore gave the welcome address and Hemu Javeri, Ajoy Krishnamurti and Sherif Kottapurath launched the SIG Retail. Keynote was given by Dr. Gibson G. Vedamani, Industry Expert and Mentor. The subjects for the panel discussions were “Is Indian e-commerce eco-system ready for the next growth wave?” (Panelists: Vaitheeswaran, Indiaplaza, K, Ganesh, TutorVista, Bharati Jacob, Seedfund. Moderator: Ajoy Krishnamurti) and “How can new-age physical retail co-exist and flourish with the e-commerce generation?” (Panelists: Kabir Lumba, Lifestyle, Kiran Nadkarni, KaatiZone, Ajith George, Sysfore. Moderator: Hemu Javeri). Amuleek Singh Bijral, Founder, Chai Point shared his story. Ajith Mathew George of Sysfore who was part of the second panel shared his experience: “Retail industry has matured so much in India and the organized retail sector which is only 5% of the total size is growing at a very fast pace. The physical retail which used to depend a lot on people is now adopting to industry best practices and technology to bring in more efficiency and to compete against the rising cost of real estate, people issues, pilferage, inflation. The industry has widely accepted the fact that technology will play a vital role in all the future growth. Some of the key areas where technology will be critical are: just in time sourcing, inventory management, efficient forecasting, pricing and promotions, multi-channel sales and business intelligence. Even for start-ups it is advised to look for open source based retail solutions which are more affordable. It is easier to implement a process if you are using it from the initial stages of the business. It is important to understand that the business formats and items are all changing according to the market dynamics and any solution adopted should be able to adapt to such scenarios. Mr. Kabir Lumba of Lifestyle spoke about the growing competition among the organized retailers and the importance of right pricing of the products. He spoke about the emphasis the group gave in the last couple of years for streamlining their existing business and increasing the revenue to over 2000Cr. The most important aspect for them was not to just open stores, but increase profitability from their existing stores. He highlighted the successful implementation of an integrated ERP solution across all its stores. Their priority even today is not e-commerce or other channels, but more revenue from existing stores, better customer service and offering the right kind of products to the consumers. Mr. Kiran Nandkarni, spoke in briefly about his stint as VC in previous roles and then about his journey as an entrepreneur. Kaati Zone, under his dynamic leadership, has grown to establish a strong brand presence in the region. They offer a very standardized menu, ensure the same taste and quality for every item they offer. Item standardization is one of the key aspects they have taken care of by adopting various processes internally. The second most important success factor for them is their quick service of orders; time between order taking and order delivery is optimized and customers are very happy with the short delivery.” The event concluded with Dr. Gibson Vedamani, Hemand Jhaveri, Ajoy Krishnamurthy & Sheriff Kottapurathu leading the “Mentor Interaction” & “Investor Interaction” sessions mentioning about the leadership for the SIG group.

[sysforeindia]

Sana Rezwan hosts Jimmy Choo launch in Bangalore

Jimmy Choo hosted an intimate cocktail evening at their boutique in UB City to celebrate the launch of their Catherine collection. The occasion saw glamorous and celebrated women from the city drop by for this exclusive preview, as they indulged in some retail therapy and socialised over chilled champagne and some good grub, while checking out the hand bags. Sana Rizwan hosted this do.

Sysfore works with Sana Rezwan, the promoter of 23Carat for the impending launch of MAISON (hyperlink: http://www.maison-boutique.com/), a super premium lifestyle retail concept offering a range of international brands which represent luxury, quality and feminity. A one-of-a-kind lifestyle destination, MAISON, offers pieces individually handpicked from international cutting edge designers. Patrons will also have access to the online store. 

Sysfore is assisting MAISON with a customized implementation of Openbravo ERP for Retail that is tightly integrated with an online shopping site built on the Magento ecommerce platform and the in-store Openbravo point-of-sale systems.

[ajithmg]

Microsoft introduces on-premise system designed to sync up with its Azure public cloud computing services to form hybrid clouds. This Azure cloud-in-a-box offering, available next month, uses the same software that powers Microsoft’s Azure public cloud - the HyperV hypervisor, Windows Systems Center and Azure Pack - and runs on hardware supplied by Dell. 

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