Payroll & Bookkeeping Services in the US Industry Report




About this Report

This  Payroll & Bookkeeping Services Industry research report was developed for individuals that are interested in learning more about the Payroll & Bookkeeping ServicesIndustry, NAICS Code 54121B. It includes valuable industry statistics such as revenue, revenue breakdown, major players, key industry data, and more. To receive a sample report, please email

About the Industry

Operators in this industry provide outsourced payroll services for clients’ employees and basic bookkeeping services are also included. However, this industry does not include tax preparation companies or certified public accountants.

The primary activities of this industry are:
Payroll services
Billing services
Bookkeeping services
General accounting services
Tax services

The major products and services in this industry are:
Full-service payroll services
Payroll services sold separately
Billing services
Bookkeeping and compilation services
General accounting services
Tax planning and consulting services
Tax preparation and representation services
Other services

Table of Contents

COVID-19 (Coronavirus) Impact Update 3
About This Industry 5
Industry Definition 5
Major Players 5
Main Activities 5
Supply Chain 6
Industry at a Glance 7
Executive Summary 9
Industry Performance 10
Key External Drivers 10
Current Performance 11
Industry Outlook 14
Outlook 14
Industry Life Cycle 16
Products & Markets 17
Supply Chain 17
Products & Services 17
Major Markets 18
Business Locations 19
Competitive Landscape 22
Market Share Concentration 22
Key Success Factors 22
Cost Structure Benchmarks 22
Basis of Competition 25
Barriers to Entry 26
Industry Globalization 26
Major Companies 27
Major Players 27
Other Companies 29
Operating Conditions 30
Capital Intensity 30
Technology & Systems 31
Revenue Volatility 32
Regulation & Policy 33
Industry Assistance 33
Key Statistics 35
Industry Data 35
Annual Change 35
Key Ratios 35
Industry Financial Ratios 36
Additional Resources 37
Additional Resources 37
Industry Jargon 37
Glossary 37