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


Plenty of Small Firms, But Largest Ones Dominate

Table 2-6: Payroll Services Enterprises: By Employment Size and Annual Payroll, 2006 (number and dollars)

The Market Leaders

Table 2-7: Leading Payroll Third Party Processors, 2008 (in millions of dollars)

Other TPPs in the Payroll Space

The Role of Business Process Outsourcers (BPOs) and Human Resources Outsourcers (HROs)

The Role of Application Service Outsourcers (ASOs)

The Rise of Professional Employer Organizations (PEOs)

Competitor Profile: Automatic Data Processing, Inc. (ADP)

The World's Largest Payroll/Tax Filing Processor

Figure 2-3: ADP Revenues, 2006-2008 (in millions of dollars)

Growth and Outlook

New Offerings Point to In-House Strategy

Competitor Profile: Paychex, Inc.

Building a Big Business on a Small Business

Figure 2-4: Paychex Revenues, 2006-2008 (in millions of dollars)

Payroll Is Key to Paychex's Success

A Unique Business Culture

Small Businesses' Problems Pose Problems for Paychex

Competitor Profile: Ceridian

Payroll Is Just the Beginning

Figure 2-5: Ceridian Revenues, 2006-2008 (in millions of dollars)

Payroll and Payment Kept Separate

Wellness and the Web

Marketing and Service Trends

Scope of Payroll Processing Expanding

Move to the Web

SurePayroll Exclusively Online-Based

Ultimate Software and UltiPro

Banks Pushing into TPP Payroll Market Through Proprietary Online Platforms

"Branded Payroll" Appeals to Accou

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