CoffeeMug.ai, in April 2022, launched a talent solution platform for their higher-level hiring. This platform scans millions of public profiles that are available on the internet and layers them along with the analysis from, Coffee Mug’s data pool mainly to drive senior-level hiring for their clientele.
Oracle Corp., launched SaaS (Software as a Service) payroll solutions, which will enable the organization to easily configure the payroll for meeting both international and local pay rules in a single system.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 4342
Published Date: Apr 03, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The growing adoption of Artificial Intelligence & Machine learning along with the rising Use of Artificial Intelligence (AI) powered HR Solutions are the major factors driving the growth of the market.
The market size of payroll and HR solutions & services is anticipated to attain a CAGR of 9% over the forecast period, i.e., 2024-2036.
The major players in the market are Automatic Data Processing, Inc. (ADP), Jobvite, Inc., Sage Group plc, Kronos, Inc., SAP SE, Oracle Corporation, TriNet Group, Inc., Paychex, Inc., Paycom, Paycor, Inc., Paylocity, TMF Group B.V., Ultimate Software Group, Inc., Ramco Systems Ltd., Mannet, BambooHR, Intuit, Orange HRM and others.
The cloud-based segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.