ADP 📈 Automatic Data Processing - Overview

Automatic Data Processing, Inc. is a leading provider of cloud-based human capital management solutions, operating globally and catering to a diverse range of businesses. The company's operations are divided into two primary segments: Employer Services and Professional Employer Organization (PEO). The Employer Services segment focuses on delivering strategic, cloud-based platforms and human resources outsourcing solutions, enabling businesses to streamline their HR functions and improve overall efficiency. This segment's offerings include a range of software platforms, such as RUN Powered by ADP, designed for small businesses to manage payroll, HR, and tax compliance, as well as ADP Workforce Now, a comprehensive HCM solution used by mid-sized and large businesses to manage their workforce. Additionally, ADP Vantage HCM is a solution that provides HR management, benefits administration, payroll services, time and attendance management, and talent management capabilities, all integrated into a single platform.

The PEO Services segment, operating under the ADP TotalSource name, provides HR and employment administration outsourcing solutions to businesses through a co-employment model. This model allows businesses to outsource their HR functions, including employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. By leveraging ADP's expertise and resources, businesses can focus on their core operations while leaving the complexities of HR management to a trusted partner. With a history dating back to 1949, Automatic Data Processing, Inc. has established itself as a trusted and reliable provider of HCM solutions, with its headquarters located in Roseland, New Jersey. The company's commitment to innovation and customer satisfaction has enabled it to maintain a strong presence in the market, with its common stock listed under the ISIN US0530151036 and classified under the GICS Sub Industry of Application Software.

As a pioneer in the HCM industry, Automatic Data Processing, Inc. has continually evolved to meet the changing needs of businesses, driven by advancements in technology and shifting workforce dynamics. The company's cloud-based solutions are designed to be scalable, flexible, and secure, providing businesses with the tools they need to manage their workforce effectively and efficiently. With a global presence and a reputation for excellence, Automatic Data Processing, Inc. remains a leading provider of HCM solutions, dedicated to helping businesses succeed in an increasingly complex and competitive environment. For more information, businesses can visit the company's website at https://www.adp.com to explore its range of solutions and services.