IncFact
Company Profiles: Revenue, Growth, Competition

Payroll Services Industry

NAICS: 541214

For additional companies see the Accounting, Tax Preparation, Bookkeeping & Payroll Services Industry

Contents

.Payroll Services Market Share: Largest Companies in the Payroll Services Industry

Company HeadquartersRevenue ($ MM)
ADP TOTALSOURCEMiami, FL100 
TRINET HR IIIBradenton, FL67 
JUSTWORKS EMPLOYMENT GROUPNew York, NY13 
ALLIANCE HRHuntsville, AL4 
INTEGRATED CONSERVATION RESOURCES (NASDAQ: PAYX)New York, NY4 
S2 HR GROUPSt. Petersburg, FL3 
APC WORKFORCE SOLUTIONS LLC DBA WORKFORCE LOGIQOrlando, FL2 
S2 HR SOLUTIONS GROUP 1Saint Petersburg, FL1 
PREMIUM TRANSPORTATION GROUPMedina, OH1 
ADDIOZIssaquah, WA1 
PAYLOCITY (NASDAQ: PCTY)Schaumburg, IL1 
PAYCOM PAYROLLOklahoma City, OK1 


See exact company revenues in this list


This is a list of the largest companies active in the Payroll Services industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Payroll Services industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.


.Additional Companies Operating in the Payroll Services Industry

Company HeadquartersRevenue ($ MM)
SEGNIK GROUP INC AS FISCAL AGENTHouston, TX100 
AUTOMATIC DATA PROCESSING (NASDAQ: ADP)Roseland, NJ86 
UNION PAYROLL AGENCYRocklin, CA67 
ISOLVED PEOSan Diego, CA39 
COADVANTAGEBradenton, FL12 
AMERICAN CYBERSYSTEMSDuluth, GA9 
A&M SPECIAL PURCHASINGNorth Kingstown, RI8 
SNAPSanta Monica, CA7 




.Growth: Fastest Growing Payroll Services Companies

A list of competitors in the Payroll Services industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

View List


View Full List


.Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Payroll Services businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

View List


. Venture Funding

These Payroll Services companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

View List