Payroll & Bookkeeping Services in the US - Industry Market Research Report

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A return to outsourcingThe industry is expected to experience rising competition from other professional service provider industries, particularly as technology expands with the objective of reducing the need for face-to-face contact with clients. Trends of outsourcing are becoming increasingly more popular as businesses believe management time is wasted on trying to stay on top of back-office functions. During the recession, many businesses brought these tasks in house to save money, but as the economy recovers, outsourcing will pick up again. This is the replacement for IBISWorld's October 2010 edition of Payroll & Bookkeeping Services in the USAbout this IndustryThis Industry Market Research report from IBISWorld provides a detailed analysis of the Payroll & Bookkeeping Services in the US industry, including key growth trends, statistics, forecasts, the competitive environment including market shares and the key issues facing the industry.Industry DefinitionBusinesses in this industry provide outsourced payroll services for clients' employees. Basic bookkeeping services are also covered in this report.Report ContentsThe About this Industry chapter provides general information about the scope of the industry such as an industry definition and a list of the main activities of the industry.The Industry at a Glance chapter provides a brief snapshot of the key indicators of the industry such as industry revenue and forecast growth rate. The Industry Performance chapter covers the following: Executive Summary, Key External Drivers, Current Performance, Industry Outlook and Industry Life Cycle. The Executive Summary section is a brief summary of the overall chapter. The Key External Drivers section looks at the key factors outside the control of an individual business that determine the industry's performance. The Current Performance section provides analysis for the industry over the past five years with key performance indicators discussed. The Industry Outlook section is a key analysis section of the report and outlines expectations for the key industry indicators over the next five year period, including forecasts. The Industry Life Cycle section provides a discussion of where the industry is at in its life cycle and how that is affecting industry performance. The Products & Markets chapter covers the following: Supply Chain, Products & Services, Demand Determinants, Major Markets, International Trade and Business Locations. The Supply Chain section lists the key buying and key selling industries associated with this industry. The Products & Services section lists the products and services the industry provides including percentage breakdowns by key segment. The Demand Determinants section provides an analysis of the determinants behind the level of demand for the industry's products. The Major Markets section gives an analysis of the markets for the industry's products and how these markets may have changed over time. The International Trade section provides a discussion of the importance of trade to the industry. The Business Locations section highlights where the industry operates and why.The Competitive Landscape chapter is a discussion of the characteristics of an average operator in the industry and who controls the market for the products of the industry. It includes the following sections: Market Share Concentration, Key Success Factors, Cost Structure Benchmarks, Basis of Competition, Barriers to Entry and Industry Globalization. The Market Share Concentration section discusses the level of concentration of the industry. The Key Success Factors section looks at the key internal factors that contribute to the success of an operator in the industry. The Cost Structure Benchmarks section discusses the average costs faced by operators in the industry. The Basis of Competition section is a discussion of the factors that can give a company in this industry a competitive edge. The Barriers to Entry section looks at th

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Payroll & Bookkeeping Services in the US - Industry Market Research Report

  1. 1. Find Industry reports, Company profilesReportLinker and Market Statistics >> Get this Report Now by email!Payroll & Bookkeeping Services in the US - Industry MarketResearch ReportPublished on October 2010 Report SummaryA return to outsourcingThe industry is expected to experience rising competition from other professional service provider industries, particularly astechnology expands with the objective of reducing the need for face-to-face contact with clients. Trends of outsourcing are becomingincreasingly more popular as businesses believe management time is wasted on trying to stay on top of back-office functions. Duringthe recession, many businesses brought these tasks in house to save money, but as the economy recovers, outsourcing will pick upagain.This is the replacement for IBISWorlds October 2010 edition of Payroll & Bookkeeping Services in the USAbout this IndustryThis Industry Market Research report from IBISWorld provides a detailed analysis of the Payroll & Bookkeeping Services in the USindustry, including key growth trends, statistics, forecasts, the competitive environment including market shares and the key issuesfacing the industry.Industry DefinitionBusinesses in this industry provide outsourced payroll services for clients' employees. Basic bookkeeping services are alsocovered in this report.Payroll & Bookkeeping Services in the US - Industry Market Research Report Page 1/5
  2. 2. Find Industry reports, Company profilesReportLinker and Market StatisticsReport ContentsThe About this Industry chapter provides general information about the scope of the industry such as an industry definition and a listof the main activities of the industry.The Industry at a Glance chapter provides a brief snapshot of the key indicators of the industry such as industry revenue and forecastgrowth rate.The Industry Performance chapter covers the following: Executive Summary, Key External Drivers, Current Performance, IndustryOutlook and Industry Life Cycle. The Executive Summary section is a brief summary of the overall chapter. The Key External Driverssection looks at the key factors outside the control of an individual business that determine the industrys performance. The CurrentPerformance section provides analysis for the industry over the past five years with key performance indicators discussed. TheIndustry Outlook section is a key analysis section of the report and outlines expectations for the key industry indicators over the nextfive year period, including forecasts. The Industry Life Cycle section provides a discussion of where the industry is at in its life cycleand how that is affecting industry performance.The Products & Markets chapter covers the following: Supply Chain, Products & Services, Demand Determinants, Major Markets,International Trade and Business Locations. The Supply Chain section lists the key buying and key selling industries associated withthis industry. The Products & Services section lists the products and services the industry provides including percentage breakdownsby key segment. The Demand Determinants section provides an analysis of the determinants behind the level of demand for theindustrys products. The Major Markets section gives an analysis of the markets for the industrys products and how these marketsmay have changed over time. The International Trade section provides a discussion of the importance of trade to the industry. TheBusiness Locations section highlights where the industry operates and why.The Competitive Landscape chapter is a discussion of the characteristics of an average operator in the industry and who controls themarket for the products of the industry. It includes the following sections: Market Share Concentration, Key Success Factors, CostStructure Benchmarks, Basis of Competition, Barriers to Entry and Industry Globalization. The Market Share Concentration sectiondiscusses the level of concentration of the industry. The Key Success Factors section looks at the key internal factors that contributeto the success of an operator in the industry. The Cost Structure Benchmarks section discusses the average costs faced by operatorsin the industry. The Basis of Competition section is a discussion of the factors that can give a company in this industry a competitiveedge. The Barriers to Entry section looks at the factors preventing new companies from entering the industry. The IndustryGlobalization section provides an indication to which the industry is affected by global operations and trends.The Major Companies chapter analyses the companies that have the most substantial influence on the industry. Market Share figuresand a discussion of the major companies operations within the industry are given where possible.Payroll & Bookkeeping Services in the US - Industry Market Research Report Page 2/5
  3. 3. Find Industry reports, Company profilesReportLinker and Market StatisticsThe Operating Conditions chapter covers the following: Structural Risk Index, Investment Requirements, Technology & Systems,Industry Volatility, Regulation & Policy, Industry Assistance and Taxation Issues. The Structural Risk Index section provides anindicator of the level of risk faced by operators in the industry. The Investment Requirements section is an analysis of the level ofcapital investment required to operate in the industry. The Technology & Systems section discusses the key technologies used bythe industry. The Industry Volatility section looks at the level of in the industry and the factors behind this volatility. The Regulation &Policy section looks in to the regulatory measures the industry is subject to and the corresponding compliance burden faced byoperators in the industry. The Industry Assistance section discusses the level of assistance the industry receives from Government.The Taxation Issues gives a comparison between the level of tax burden on this industry compared to other industries and discussesindustry-specific taxation measures placed upon it.The Key Statistics chapter provides the key indicators for the industry for at least the last three years. The statistics included areindustry revenue, industry value added (or gross product), establishments, enterprises, employment, exports, imports, wages,domestic demand and any relevant industry-specific data where appropriate. There is also a Historical Performance section thatdiscusses the key past events that have determined industry performance. Table of ContentTABLE OF CONTENTSABOUT THIS INDUSTRYIndustry DefinitionMain ActivitiesSimilar IndustriesAdditional Resources INDUSTRY AT AGLANCEINDUSTRY PERFORMANCEExecutive SummaryKey External DriversCurrent PerformanceIndustry OutlookIndustry LifeCycle PRODUCTS & MARKETSSupply ChainProducts & ServicesDemand DeterminantsMajor MarketsInternational Trade BusinessLocations COMPETITIVE LANDSCAPEMarket Share ConcentrationKey Success FactorsCost Structure BenchmarksBasis ofCompetitionBarriers to EntryIndustry GlobalizationMAJOR COMPANIESOPERATING CONDITIONSStructural Risk IndexInvestmentRequirementsTechnology & SystemsIndustry VolatilityRegulation & PolicyIndustry AssistanceTaxation IssuesKEYSTATISTICSIndustry DataAnnual ChangeKey RatiosHistorical PerformanceJARGON & GLOSSARYMAJOR COMPANIESPaychex, Inc.Automatic Data Processing, Inc.Payroll & Bookkeeping Services in the US - Industry Market Research Report Page 3/5
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  5. 5. Find Industry reports, Company profilesReportLinker and Market Statistics Payment Information Please indicate the payment method, you would like to use by selecting the appropriate box. Payment by credit card Card Number: ______________________________________________ Expiry Date __________ / _________ CVV Number _____________________ Card Type (ex: Visa, Amex…) _________________________________ Payment by wire transfer Crédit Mutuel RIB : 10278 07314 00020257701 89 BIC : CMCIFR2A IBAN : FR76 1027 8073 1400 0202 5770 189 Payment by check UBIQUICK SAS 16 rue Grenette – 69002 LYON, FRANCE Customer signature:   Please note that by ordering from Reportlinker you are agreeing to our Terms and Conditions at http://www.reportlinker.com/index/terms Please fax this form to: Europe, Middle East and Africa : + 33 4 37 37 15 56 Asia, Oceania and America : + 1 (805) 617 17 93Payroll & Bookkeeping Services in the US - Industry Market Research Report Page 5/5

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