MINNEAPOLIS, MINNESOTA--(Marketwired - Sept. 10, 2014) - Ceridian announces it has been positioned for the third consecutive year as a leader in Magic Quadrant for Payroll Business Process Outsourcing (BPO) Services , by Morgan Yeates, research director for the global HR business process outsourcing market at Gartner, published July 23, 2014. The payroll BPO service providers in the leader quadrant have superior market understanding and marketing and sales strategies that address market needs. Leaders have continuous research and innovation in technology and payroll administration, have strong financial viability, and have customers who testify to a very positive relationship.
The Gartner Magic Quadrant report offers in-depth analysis of the capabilities of companies in the payroll BPO services market. The report evaluates companies on their completeness of vision and their ability to execute.
"We are constantly innovating in the overall Human Capital Management practice in the areas of payroll processing , compliance, analytics, operations and client services," says David Ossip, CEO, Ceridian. "We believe the Gartner report validates our commitment to meeting the changing human capital management needs of our clients. We are focused on driving innovation, helping our clients achieve return-on-investment and maintaining Ceridian's position as a leader in payroll services."
Payroll outsourcing is growing steadily worldwide, and it is forecast to continue to do so for the next several years. Gartner forecasts the total HR BPO market to grow at 5.8% in 2014 and to grow at a compound annual growth rate (CAGR) of an identical 5.8% through 2018.
* Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose .
About Ceridian
Ceridian is a leader in human capital management with more than 100,000 clients across the globe. Ceridian delivers trusted results and transformative technology. Our offering includes the award winning, cloud-based Dayforce HCM , LifeWorks , Powerpay and International Payroll. Ceridian is transforming the world of work. For more information about Ceridian solutions call 1-800-729-7655 or visit www.ceridian.com .
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