20 Most Promising Accounting & Payroll Solution Providers - 2019
Accounting services market is being forecasted to cross $868 billion mark by 2022, growing at a CAGR of over 9 percent. The growth in the accounting services market is being attributed to increased mergers and acquisitions, technology stocks performance and financial reporting standards transition. The industry is exposed to different opportunities with the application of new technologies like Blockchain, which promise smooth running of accounting functions. Edge computing has been one of the trends in the recent years in the industry and implementing edge computing has proved to be cost effective. In addition, there is Machine Learning which is expected to increase the automation of accounting tasks.
Another market that is undergoing rapid growth is of payroll solutions. There is a growing demand for payroll services in order to ensure proper resource management. Reports suggest that the global market of payroll outsourcing is estimated to be worth more than $10000 million by 2023 while growing at a constant CAGR of over 4 percent. With the advent of new technologies, the industry is looking for more and more custom designed solutions from accounting and payroll solution providers.
Coming to the aid of organizations for selecting the right solution provider, CIOReviewIndia has prepared a list of “20 Most Promising Accounting & Payroll Solution Providers”. In this list of selected solution providers are companies that possess a proven track record in achieving their customers’ business goals. It is a collection of leading edge vendors that deliver exceptional customer satisfaction with their robust solutions and industry rich experience. The vendors featuring in this listing have been carefully chosen by a distinguished panel of CEOs, CIOs, industry analysts and CIOReviewIndia editorial team.
We present to you CIOTechOutlook 20 Most Promising Accounting & Payroll Solution Providers - 2019.
Top Accounting & Payroll Solution Providers
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| Company Name | Company Description |
|---|---|
| Kredily | Provides an HRMS platform and HR processing solutions |
| Company Name | Company Description |
|---|---|
| ADP | Provides payroll outsourcing services |
| Boston Financial Advisory Group | Provides financial and accounting consultancy services |
| CaseWare | Provides end to end solutions on Audit, Financial Reporting and Practice Management |
| Cogneesol | Provides finance, accounting, legal support, and data management services |
| Crystal HR and Security Solutions | Provides payroll software solutions |
| Flatworld Solutions | Provides business accounting and forensic accounting services |
| Husys Consulting | Provides Payroll processing solutions |
| InfoNoble Solutions | Provides cloud based Payroll software solutions |
| Maven Tech Services | Provides Payroll processing and HRMS Solutions |
| Mynd Integrated Solutions | Provides Finance, accounting outsourcing and account management services |
| numberz | Provides AI driven automated accounts receivable solution" |
| PeopleApex | Provides Payroll software solutions |
| Quatrro Business Support | Provides services in finanacial and accounting outsourcing |
| QXAS visison | Provides finance and account management services |
| Rayvat Accounting | Provides outsouring of accounting services |
| Sensys Technologies | Provides online Payroll and HRMS solutions |
| SGC Management | Provides Payroll processing solutions and HRMS solutions |
| Sutherland Global | Provides business and accouting services for the IT sector |
| TalentPro | Provides payroll processing services |