Global Accounting, BMS, Payroll and HCM Software Market Size, Status and Forecast 2019-2025

Accounting, BMS, Payroll and HCM Software Market:

Executive Summary

Accounting software is a foundational technology for many companies, and as a business grows having a powerful, effective accounting solution becomes increasingly critical. Most accounting software packages offer the same basic features necessary for managing finances: accounts receivable, accounts payable, general ledger, billing and invoicing, purchase and sales orders, and reporting. Beyond basic functionality, the top accounting solutions offer additional features to give users more power, flexibility and customization. Oftentimes accounting solutions are closely integrated with other key software solutions.

Business Management Software (BMS) is a broad classification for several integrated applications that help run a business. In this report, Business Management Software (BMS) includes ERP. Enterprise resource planning (ERP) is the integrated management of core business processes, often in real-time and mediated by software and technology.

Human capital management (HCM) is the comprehensive set of practices for recruiting, managing, developing and optimizing the human resources of an organization. HCM has come to be nearly synonymous with the human resources (HR) function in organizations. In HR technology, the comprehensive software systems for managing HR processes differ little from HCM suites.

Payroll software is a system that automates and streamlines the process of paying a company’s employees. It may sound straightforward, but the payroll process includes a lot of tasks such as calculating deductions and withholdings, producing pay slips and tax forms (and other reports), processing or depositing payment directly to employee’s bank account, voiding payments if need be, and even printing checks. Payroll software simplifies and automates the aforementioned tasks to shorten cycle times and reduce manual errors.

Accounting, BMS, Payroll and HCM Software market is highly competitive, rapidly changing, and significantly affected by new product introductions and the market activities of other industry participants. Accounting, BMS, Payroll and HCM Software providers face competition from the customers' internal information technology departments as well as Accounting, BMS, Payroll and HCM Software competitors. Accounting, BMS, Payroll and HCM Software service providers much provide a value-added product that is easy to install and cost effective.

In The Saudi Arabia, Egypt, Turkey region, the largest market is Enterprise (Employee above 200), Large–size Companies with strong purchasing power.

In the Saudi Arabia, Egypt, Turkey region, there are four kinds of the software including HCM Software, Accounting Software, Payroll Software and BMS Software. The Accounting Software is the most popular software, with the market share is 30.36% in 2017.

In 2018, the global Accounting, BMS, Payroll and HCM Software market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Accounting, BMS, Payroll and HCM Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Accounting, BMS, Payroll and HCM Software development in United States, Europe and China.

The key players covered in this study

• SAP
• Oracle (NetSuite)
• Automatic Data Processing,Inc.
• Pachex
• Microsoft
• Intuit
• Sage
• Workday
• IBM Corporation
• Infor 
• Kronos
• Yonyou
• Epicor
• Unit4
• Xero

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Market segment by Type, the product can be split into

• Accounting Software
• BMS Software
• Payroll Software
• HCM Software

Market segment by Application, split into

• SSB
• SMB
• Enterprise

Market segment by Regions/Countries, this report covers

• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America

The study objectives of this report are:

• To analyze global Accounting, BMS, Payroll and HCM Software status, future forecast, growth opportunity, key market and key players.
• To present the Accounting, BMS, Payroll and HCM Software development in United States, Europe and China.
• To strategically profile the key players and comprehensively analyze their development plan and strategies.
• To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Accounting, BMS, Payroll and HCM Software are as follows:

• History Year: 2014-2018
• Base Year: 2018
• Estimated Year: 2019
• Forecast Year 2019 to 2025

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Table of Contents

1 Report Overview 
1.1 Study Scope 
1.2 Key Market Segments 
1.3 Players Covered 
1.4 Market Analysis by Type 
1.4.1 Global Accounting, BMS, Payroll and HCM Software Market Size Growth Rate by Type (2014-2025) 
1.4.2 Accounting Software 
1.4.3 BMS Software 
1.4.4 Payroll Software 
1.4.5 HCM Software 
1.5 Market by Application 
1.5.1 Global Accounting, BMS, Payroll and HCM Software Market Share by Application (2014-2025) 
1.5.2 SSB 
1.5.3 SMB 
1.5.4 Enterprise 
1.6 Study Objectives 
1.7 Years Considered

2 Global Growth Trends 
2.1 Accounting, BMS, Payroll and HCM Software Market Size 
2.2 Accounting, BMS, Payroll and HCM Software Growth Trends by Regions 
2.2.1 Accounting, BMS, Payroll and HCM Software Market Size by Regions (2014-2025) 
2.2.2 Accounting, BMS, Payroll and HCM Software Market Share by Regions (2014-2019) 
2.3 Industry Trends 
2.3.1 Market Top Trends 
2.3.2 Market Drivers 
2.3.3 Market Opportunities

3 Market Share by Key Players 
3.1 Accounting, BMS, Payroll and HCM Software Market Size by Manufacturers 
3.1.1 Global Accounting, BMS, Payroll and HCM Software Revenue by Manufacturers (2014-2019) 
3.1.2 Global Accounting, BMS, Payroll and HCM Software Revenue Market Share by Manufacturers (2014-2019)
3.1.3 Global Accounting, BMS, Payroll and HCM Software Market Concentration Ratio (CR5 and HHI) 
3.2 Accounting, BMS, Payroll and HCM Software Key Players Head office and Area Served 
3.3 Key Players Accounting, BMS, Payroll and HCM Software Product/Solution/Service 
3.4 Date of Enter into Accounting, BMS, Payroll and HCM Software Market 
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type and Application 
4.1 Global Accounting, BMS, Payroll and HCM Software Market Size by Type (2014-2019) 
4.2 Global Accounting, BMS, Payroll and HCM Software Market Size by Application (2014-2019)

….

12 International Players Profiles 
12.1 SAP 
12.1.1 SAP Company Details 
12.1.2 Company Description and Business Overview 
12.1.3 Accounting, BMS, Payroll and HCM Software Introduction 
12.1.4 SAP Revenue in Accounting, BMS, Payroll and HCM Software Business (2014-2019) 
12.1.5 SAP Recent Development 
12.2 Oracle (NetSuite) 
12.2.1 Oracle (NetSuite) Company Details 
12.2.2 Company Description and Business Overview 
12.2.3 Accounting, BMS, Payroll and HCM Software Introduction 
12.2.4 Oracle (NetSuite) Revenue in Accounting, BMS, Payroll and HCM Software Business (2014-2019) 
12.2.5 Oracle (NetSuite) Recent Development 
12.3 Automatic Data Processing,Inc. 
12.3.1 Automatic Data Processing,Inc. Company Details 
12.3.2 Company Description and Business Overview 
12.3.3 Accounting, BMS, Payroll and HCM Software Introduction 
12.3.4 Automatic Data Processing,Inc. Revenue in Accounting, BMS, Payroll and HCM Software Business (2014-2019) 
12.3.5 Automatic Data Processing,Inc. Recent Development 
12.4 Pachex 
12.4.1 Pachex Company Details 
12.4.2 Company Description and Business Overview 
12.4.3 Accounting, BMS, Payroll and HCM Software Introduction 
12.4.4 Pachex Revenue in Accounting, BMS, Payroll and HCM Software Business (2014-2019) 
12.4.5 Pachex Recent Development 
12.5 Microsoft 
12.5.1 Microsoft Company Details 
12.5.2 Company Description and Business Overview 
12.5.3 Accounting, BMS, Payroll and HCM Software Introduction 
12.5.4 Microsoft Revenue in Accounting, BMS, Payroll and HCM Software Business (2014-2019) 
12.5.5 Microsoft Recent Development 
12.6 Intuit 
12.6.1 Intuit Company Details 
12.6.2 Company Description and Business Overview 
12.6.3 Accounting, BMS, Payroll and HCM Software Introduction 
12.6.4 Intuit Revenue in Accounting, BMS, Payroll and HCM Software Business (2014-2019) 
12.6.5 Intuit Recent Development 
12.7 Sage 
12.7.1 Sage Company Details 
12.7.2 Company Description and Business Overview 
12.7.3 Accounting, BMS, Payroll and HCM Software Introduction 
12.7.4 Sage Revenue in Accounting, BMS, Payroll and HCM Software Business (2014-2019) 
12.7.5 Sage Recent Development 
12.8 Workday 
12.8.1 Workday Company Details 
12.8.2 Company Description and Business Overview 
12.8.3 Accounting, BMS, Payroll and HCM Software Introduction 
12.8.4 Workday Revenue in Accounting, BMS, Payroll and HCM Software Business (2014-2019) 
12.8.5 Workday Recent Development 
12.9 IBM Corporation 
12.9.1 IBM Corporation Company Details 
12.9.2 Company Description and Business Overview 
12.9.3 Accounting, BMS, Payroll and HCM Software Introduction 
12.9.4 IBM Corporation Revenue in Accounting, BMS, Payroll and HCM Software Business (2014-2019) 
12.9.5 IBM Corporation Recent Development 
12.10 Infor  
12.10.1 Infor  Company Details 
12.10.2 Company Description and Business Overview 
12.10.3 Accounting, BMS, Payroll and HCM Software Introduction 
12.10.4 Infor  Revenue in Accounting, BMS, Payroll and HCM Software Business (2014-2019) 
12.10.5 Infor  Recent Development 
12.11 Kronos 
12.12 Yonyou 
12.13 Epicor 
12.14 Unit4 
12.15 Xero

Continuous…

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