2020-2025 Global Online Payroll Services Market Report - Production and Consumption Professional Analysis (Impact of COVID-19)

If your small business has employees, the main concern is to ensure that they receive timely and accurate compensation. Online payroll service allows you to manage your payroll yourself without having to hire a third party service
With the online payroll service, you can quickly extract information or perform calculations
Once you set up your online system, it only takes a few minutes to start the payroll. Your main task is to simply enter the number of hours each employee works each week and the system will do the rest.
Online payroll eliminates the need to hire an external payroll service or assign tasks to your employees, which helps reduce costs. By performing weekly updates yourself, you can reduce labor costs while saving little time from other features. As a business owner, any way to reduce costs can have a major impact on your profits.
The online payroll system allows you to manage payrolls at your convenience. If necessary, you can enter information at the last minute before you need to meet the payroll. You can also get information at any time without waiting for a third party to answer any questions.
Manual payroll systems typically require at least one person to export or manually calculate time and attendance information, calculate tax and benefit withholding taxes, prepare salaries, and submit forms to the IRS. This process can take several hours and must be completed during each payment period. Typically, online payroll services automatically perform these tasks, or, with approval, take only a few seconds and a few clicks.
This report elaborates the market size, market characteristics, and market growth of the Online Payroll Services industry, and breaks down according to the type, application, and consumption area of Online Payroll Services. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Online Payroll Services in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.

Key players in the global Online Payroll Services market covered in Chapter 13:
MyPayrollHR
Square
Intuit
OnPay
PayUSA
ADP
APS
IOIPay
PAYweb
Coastal Human Resource Group
Gusto
SurePayroll (Paychex)
BenefitMall

In Chapter 6, on the basis of types, the Online Payroll Services market from 2015 to 2025 is primarily split into:
Basic Payroll Services
Enhanced Payroll Services
Full Service Payroll Services

In Chapter 7, on the basis of applications, the Online Payroll Services market from 2015 to 2025 covers:
Small Business
Midsized Business
Large Business

Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India

Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others

Years considered for this report:

Historical Years:

2015-2019

Base Year:

2019

Estimated Year:

2020

Forecast Period:

2020-2025