Global Payroll Cards Category - Procurement Market Intelligence Report

Key Features of Report

Supply Market Insights	Procurement Best Practices
Cost Saving Opportunities	Pricing Models
Negotiation Strategies	Category Risk Analysis
Key Supplier Analysis	Supplier Capability Matrix

Payroll Cards - Category Spend Analysis

According to analysts, the key growth contributors for the payroll cards market stems from the need to reduce payroll costs, streamline payroll processes, eliminate the hassle of lost checks, and provide employees with an efficient way to receive their salaries.

Payroll Cards –  Procurement Best Practices

Buyers must engage with suppliers that can help them identify the objective of implementing the payroll card program. They should also assess the need for implementing payroll cards based on cost structure, security and governance, and reducing reliance on individuals.

Payroll Cards - Procurement Challenges

Based on the analysis in this market intelligence report, one of the major procurement pain points experienced by the buyers is the lack of communication regarding transaction fees. Procurement specialists predict that the buyers must engage with suppliers who can ensure that employees are well informed about the transaction fees they will have to incur for different transactions.