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Automatic Data Processing
IT / HR management software
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Automatic Data Processing (ADP) is an American business and technology company that provides human resources management software and services. It was founded in 1949 as a manually operated payroll processing company and has since evolved into a leading provider of cloud-based human capital management (HCM) solutions.
ADP offers a wide range of services for businesses of all sizes, including payroll and tax administration, comprehensive HR management, talent management, benefits administration, time and attendance tracking, and data analytics. The company's products and services are designed to streamline and simplify HR processes, improve employee engagement and retention, and enable businesses to make data-driven decisions.
ADP serves over 860,000 clients worldwide, including small, mid-sized, and large enterprises in various industries such as financial services, manufacturing, retail, healthcare, and government. The company has a global presence with offices in 140 countries and serves clients in more than 140 countries.
In addition to its HCM solutions, ADP also offers other services such as retirement planning, business outsourcing services, and global employer services. The company has a strong commitment to innovation and invests heavily in research and development to continually enhance its products and services.
ADP is also known for its corporate social responsibility efforts and has received numerous awards and recognition for its commitment to diversity and inclusion, sustainability, and community involvement. The company has been consistently ranked as one of the "World's Most Admired Companies" by FORTUNE magazine and is a recognized leader in the HCM industry.
In summary, ADP is a comprehensive provider of human resources management solutions with a strong global presence and a commitment to innovation and corporate responsibility.
ADP offers a wide range of services for businesses of all sizes, including payroll and tax administration, comprehensive HR management, talent management, benefits administration, time and attendance tracking, and data analytics. The company's products and services are designed to streamline and simplify HR processes, improve employee engagement and retention, and enable businesses to make data-driven decisions.
ADP serves over 860,000 clients worldwide, including small, mid-sized, and large enterprises in various industries such as financial services, manufacturing, retail, healthcare, and government. The company has a global presence with offices in 140 countries and serves clients in more than 140 countries.
In addition to its HCM solutions, ADP also offers other services such as retirement planning, business outsourcing services, and global employer services. The company has a strong commitment to innovation and invests heavily in research and development to continually enhance its products and services.
ADP is also known for its corporate social responsibility efforts and has received numerous awards and recognition for its commitment to diversity and inclusion, sustainability, and community involvement. The company has been consistently ranked as one of the "World's Most Admired Companies" by FORTUNE magazine and is a recognized leader in the HCM industry.
In summary, ADP is a comprehensive provider of human resources management solutions with a strong global presence and a commitment to innovation and corporate responsibility.
What is special about the company?
1. Global presence: Automatic Data Processing (ADP) is a global company with operations in more than 140 countries and territories worldwide, making it one of the largest providers of human resources, payroll, and benefits administration services.
2. Long-standing history: ADP was founded in 1949 and has been in the business of providing HR and payroll solutions for over 70 years. This longevity speaks to the company's stability and expertise in the industry.
3. Diverse client base: ADP serves a wide range of clients, from small businesses to large corporations, in various industries, including banking, healthcare, retail, and manufacturing.
4. Comprehensive solutions: ADP offers a comprehensive suite of human capital management solutions that cover all aspects of HR management, from hiring to retirement. This includes payroll processing, talent management, benefits administration, time and attendance tracking, and more.
5. Innovative technology: ADP is known for its cutting-edge technology, including cloud-based solutions, AI-powered tools, and mobile applications, which provide clients with easy and efficient management of their HR processes.
6. Focus on compliance: With ever-changing employment laws and regulations, ADP is committed to keeping its clients compliant with state and federal laws by providing up-to-date compliance guidance and tools.
7. Strong customer support: ADP has a reputation for excellent customer service and support, which is evident through its numerous awards and high customer satisfaction ratings.
8. Commitment to diversity and inclusion: ADP is dedicated to fostering a diverse and inclusive workplace, both within the company and through its products and services.
9. Social responsibility: The company has a strong commitment to corporate social responsibility and has implemented various sustainability and philanthropy initiatives, such as environmental conservation and supporting underprivileged communities.
10. Industry recognition: ADP has been recognized by various industry organizations and publications for its excellence in HR and payroll services. This includes being named as a leader in Gartner's Magic Quadrant for Payroll BPO Services for multiple years.
2. Long-standing history: ADP was founded in 1949 and has been in the business of providing HR and payroll solutions for over 70 years. This longevity speaks to the company's stability and expertise in the industry.
3. Diverse client base: ADP serves a wide range of clients, from small businesses to large corporations, in various industries, including banking, healthcare, retail, and manufacturing.
4. Comprehensive solutions: ADP offers a comprehensive suite of human capital management solutions that cover all aspects of HR management, from hiring to retirement. This includes payroll processing, talent management, benefits administration, time and attendance tracking, and more.
5. Innovative technology: ADP is known for its cutting-edge technology, including cloud-based solutions, AI-powered tools, and mobile applications, which provide clients with easy and efficient management of their HR processes.
6. Focus on compliance: With ever-changing employment laws and regulations, ADP is committed to keeping its clients compliant with state and federal laws by providing up-to-date compliance guidance and tools.
7. Strong customer support: ADP has a reputation for excellent customer service and support, which is evident through its numerous awards and high customer satisfaction ratings.
8. Commitment to diversity and inclusion: ADP is dedicated to fostering a diverse and inclusive workplace, both within the company and through its products and services.
9. Social responsibility: The company has a strong commitment to corporate social responsibility and has implemented various sustainability and philanthropy initiatives, such as environmental conservation and supporting underprivileged communities.
10. Industry recognition: ADP has been recognized by various industry organizations and publications for its excellence in HR and payroll services. This includes being named as a leader in Gartner's Magic Quadrant for Payroll BPO Services for multiple years.
What the company's business model?
The Automatic Data Processing (ADP) company's business model is focused on providing human resources and payroll solutions for businesses of all sizes. ADP offers a range of services including payroll processing, benefits administration, talent management, and compliance solutions. Their model revolves around helping businesses streamline their HR processes and save time and money by utilizing ADP's technology and expertise. They generate revenue primarily through subscription fees for their software and services, as well as transaction-based fees for payroll processing and other services. ADP also offers additional services such as tax and regulatory compliance, retirement plan management, and data analytics, which contribute to their overall business model.
Interesting facts about the company
1. Founded in 1949, Automatic Data Processing (ADP) is one of the oldest and largest providers of human capital management and payroll services in the world.
2. ADP was originally known as Automatic Payrolls, Inc. and was founded by Henry Taub, an accountant, and his brother Joe Taub, a lawyer. They initially began providing payroll services to small businesses in New Jersey.
3. The company was one of the first to computerize payroll processing, using IBM punch card machines to automate the process.
4. In 1957, ADP became a publicly traded company on the New York Stock Exchange and was listed as Automatic Data Processing, Inc. for the first time.
5. In 1961, ADP introduced the first fully computerized payroll system, eliminating the need for punch cards.
6. In the 1970s, ADP expanded its services to include other human resources functions such as time and attendance tracking, benefits administration, and tax filing.
7. Today, ADP serves over 810,000 clients in more than 140 countries. It has over 8.8 million clients in its payroll database and processes over $2 trillion in annual payroll.
8. ADP is one of only four companies in the world to be designated AAA by the Standard and Poor’s credit rating agency, signifying the highest level of financial stability.
9. The company’s headquarters are located in Roseland, New Jersey, with additional offices and facilities in countries such as Canada, Mexico, and Brazil.
10. ADP is consistently ranked as one of the World’s Most Admired Companies by Fortune magazine and has also been recognized for its workplace diversity and inclusion initiatives.
11. In addition to its human capital management and payroll services, ADP also offers cloud-based software-as-a-service (SaaS) solutions for talent management, employee benefits, and compliance.
12. The company is also committed to environmental sustainability, with initiatives such as using renewable energy sources, reducing waste, and promoting green commuting for employees.
13. ADP has a strong presence in the sports world, sponsoring various teams and events, including the NFL’s Arizona Cardinals and the PGA Tour’s ADP Mobile Invitational.
14. In 2020, ADP was ranked #1 on Forbes’ list of America’s Best Employers for Diversity.
15. ADP prides itself on its commitment to social responsibility and corporate citizenship, with initiatives focused on community engagement, employee volunteerism, and philanthropy.
See Company Due Diligence:
2. ADP was originally known as Automatic Payrolls, Inc. and was founded by Henry Taub, an accountant, and his brother Joe Taub, a lawyer. They initially began providing payroll services to small businesses in New Jersey.
3. The company was one of the first to computerize payroll processing, using IBM punch card machines to automate the process.
4. In 1957, ADP became a publicly traded company on the New York Stock Exchange and was listed as Automatic Data Processing, Inc. for the first time.
5. In 1961, ADP introduced the first fully computerized payroll system, eliminating the need for punch cards.
6. In the 1970s, ADP expanded its services to include other human resources functions such as time and attendance tracking, benefits administration, and tax filing.
7. Today, ADP serves over 810,000 clients in more than 140 countries. It has over 8.8 million clients in its payroll database and processes over $2 trillion in annual payroll.
8. ADP is one of only four companies in the world to be designated AAA by the Standard and Poor’s credit rating agency, signifying the highest level of financial stability.
9. The company’s headquarters are located in Roseland, New Jersey, with additional offices and facilities in countries such as Canada, Mexico, and Brazil.
10. ADP is consistently ranked as one of the World’s Most Admired Companies by Fortune magazine and has also been recognized for its workplace diversity and inclusion initiatives.
11. In addition to its human capital management and payroll services, ADP also offers cloud-based software-as-a-service (SaaS) solutions for talent management, employee benefits, and compliance.
12. The company is also committed to environmental sustainability, with initiatives such as using renewable energy sources, reducing waste, and promoting green commuting for employees.
13. ADP has a strong presence in the sports world, sponsoring various teams and events, including the NFL’s Arizona Cardinals and the PGA Tour’s ADP Mobile Invitational.
14. In 2020, ADP was ranked #1 on Forbes’ list of America’s Best Employers for Diversity.
15. ADP prides itself on its commitment to social responsibility and corporate citizenship, with initiatives focused on community engagement, employee volunteerism, and philanthropy.
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