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Reportlinker Adds North American Market for Third Party Payroll, Payment and Healthcare Transaction Processing, 3rd Edition , The Report

are Business

Healthcare System Turns to TPPs for Cost Efficiencies

Upheaval Among Market Kingpins

Moving to Electronic Fund Transfer

Looking Ahead

Chapter 2: Payroll Processing


The Basics of Payroll Processing

The Rationale for Payroll Outsourcing

Drawbacks to Payroll Outsourcing

Market Trends

Market Sizing Methodology

Payroll TPP Revenues Top $30 Billion in 2008

Figure 2-1: Revenues for Firms Providing Payroll Services, 2003-2007 (in millions of dollars)

Table 2-1: North American Market for Payroll Third Party Processing, 2004-2008 (in billions of dollars)

Potential Client Base Over 5 Million Strong

Table 2-2: Number of Firms, Establishments, Employees and Annual Payroll of U.S. Employer Firms, 2006

Market Penetration Less Than 50% of Potential Market

Negative Employment Trends Bad News for the Industry

Table 2-3: Number of Employees on Non-Farm Payrolls, 2003-2008

Table 2-4: Annual Percentage Change in Non-Farm Employment by Month, 2003-2009

ADP National Employment Report Also Paints Negative Picture

Avenues for Growth

Small Business Health Another Key Barometer

Projected Market Growth

Table 2-5: Projected North American Market for Payroll Third Party Processing, 2008-2013 (in billions of dollars)

Competitive Overview

Core Payroll TPP Services

Payroll TPP Organizations Growing in Number

Figure 2-2: Number of Payroll Processing Establishments, 2002-2008


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