In recent years, the Payroll and Bookkeeping Services industry has experienced a growing demand for its services, particularly among small businesses and self-employed individuals. This has led to a shortage of qualified professionals, driving up wages and increasing competition in the market.Adding up: Advances in artificial intelligence and machine learning are likely to streamline payroll processes, reducing the need for manual intervention
Operators in this industry provide outsourced payroll services for clients’ employees and basic bookkeeping services are also included. However, this industry does not include tax preparation companies or certified public accountants.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY
INDUSTRY PERFORMANCE
PRODUCTS & MARKETS
COMPETITIVE LANDSCAPE
OPERATING CONDITIONS
KEY STATISTICS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Automatic Data Processing, Inc.
- Intuit Inc.
- Paychex, Inc.
- Ceridian HCM Holding Inc.
- BKD LLP
- Grant Thornton Llp
- Paya, Inc.
- Analytix Solutions
- Prestige Employee Administrators Inc.
- Billing Services Group Ltd
- CoAdvantage Corporation
- Revspring, Inc.
- Adams Keegan Inc.
- AccountingDepartment.com LLC
- Tandem HR Solutions Ltd.
- Wolf Business Associates LLC
- Co-Driver Accounting & Bookkeeping Services
- MB Medical Billing Services Inc.
Methodology
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