Payroll outsourcing uptake at highest rate since 2019.
A quarter of businesses are still taking big security risks with their payroll data.
The number of people using payroll systems that integrate with HR software has doubled since 2022.
Payslip accuracy is 200% more frustrating since 2022.
It’s getting easier to switch your payroll provider.
Despite this, more businesses aren’t going through with the switch.
Why? Because payroll departments are unable to secure investment from their business.
The majority of businesses are looking to switch payroll providers within the next three years.
People want to capitalise on streamlined work and better insight-driven strategy.
Market churn has slowed: businesses are staying with their existing payroll providers.
We hope this report has helped you to paint a picture of the payroll industry in 2023. Don't forget to stay subscribed to our updates for next year's report to stay on top of industry trends.
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