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  • Compensation Software Global Market Trend, Research Approach, Data Analysis 2017 and Forecast 2023

     



    (I-SoftwareNews.Com, November 01, 2017 ) According to Publisher, the Global Compensation Software market is expected to grow at a CAGR of 10.1% during the forecast period. Rising need for automated compensation management processes is one of the major factor favouring the market growth. On the other hand, huge implementation and expensive costs of these software's are restricting the market. Increasing acceptance of digital HR technology is considered to be one of the major opportunities during the forecast period.

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    Compensation software is widely adopted among small enterprises and start-ups as it reduces complicated compensation planning for compensation cycles. Enterprises are shifting from manual processes and implementing compensation processes. On-premises compensation software segment has witnessed huge growth as it provides control to the critical data and also provides training services to the employees. Digital HR technology helps in combining mobile, social analytics and cloud technologies thus the demand is increasing for this technology.

    North America is a dominating region with a largest market share during the forecast period attributed to the various number of micro enterprises and start-ups switching to the adoption of automated workflows.

    Some of the key players in global compensation software market include SAP Success Factors, Workday, ADP, Oracle, Ultimate Software, CWS Software, Greytip Software, BullseyeEngagement, Cornerstone, Decusoft, Curo and Execupay.

    Deployment models Covered:
    -On-premises compensation software
    -Cloud-based compensation software

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    Regions Covered:
    -North America
    US
    Canada
    Mexico
    -Europe
    Germany
    UK
    Italy
    France
    Spain
    Rest of Europe
    -Asia Pacific
    Japan
    China
    India
    Australia
    New Zealand
    South Korea
    Rest of Asia Pacific
    -South America
    Argentina
    Brazil
    Chile
    Rest of South America
    -Middle East & Africa
    Saudi Arabia
    UAE
    Qatar
    South Africa
    Rest of Middle East & Africa

    Company Profiling
    8.1 SAP Success Factors
    8.2 Workday, Inc.
    8.3 ADP, LLC
    8.4 Oracle Corporation
    8.5 Ultimate Software
    8.6 CWS Software
    8.7 Greytip Software
    8.8 BullseyeEngagement
    8.9 Cornerstone
    8.10 Decusoft
    8.11 Curo
    8.12 Execupay

    For more information about this report: http://www.reportsweb.com/compensation-software-global-market-outlook-2017-2023

    ReportsWeb.com

    Rajat Sahni

    +1-646-491-9876

    sales@reportsweb.com

    Source: EmailWire.Com

    Source: EmailWire.com

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