The BGL Business Services Insider addresses capital markets and mergers and acquisitions activity, financial and operating performance of certain publicly-traded companies, and trends and issues affecting the industry.

Software-as-a-Service (SaaS) technology is rapidly changing the competitive landscape in the HRMS / Payroll industry, with valuations diverging as the market migrates from single point-of-service solutions to integrated / bundled HR solutions with a recurring revenue business model.

In our spotlight survey, the corporate and investor communities share opinions on the drivers of premium valuations in the HR Technology industry, providing insight on the importance of various SaaS offerings in the marketplace, the functionality and architecture of the technology, and the implications on valuation.