About ADP
We are talking about an American company, Automatic Data Processing, Inc. that deals with work based on human resources management software and services.
The company has generated a revenue of US$ 13.33 billion with a net income of US$ 1.62 billion as per the financial year of 2018.
It has also received the AAA credit rating from both Moody’s and Standard & Poor’s in the S$P 500 list of the year 2003, 2004 and 2005 among top 10 companies of North America.
When it got started?
The company is active since 1949 when it got started by Henry Taub in Paterson, New Jersey. At present, it is headquartered in Roseland, New Jersey. Henry Taub discovered automatic payrolls, Inc. with his brother Joe Taub.
Later Frank Lautenberg also became a partner in the company. Soon they started using punched card machines, check printing machines and mainframe computers becoming public in 1961. The company managed to expand its business acquiring Time Sharing Limited in 1974 and Cyphernetics in 1975.
It was in 1985 when they exceeded the $1 billion mark of
annual revenue by responding to over 20% U.S. workforce. In 1998, they acquired Chessington Computer Centre followed by Kerridge Computer Co. Ltd in 2006. Recently they went for WorkMarket in January 2018 and for Celergo in August 2018.
What do they offer in the market?
They are in the market as a global provider of cloud-based human capital management solutions that includes talent, time, tax, payroll, HR and benefits administration. They are also a leader in business outsourcing services with analytics and compliance expertise.
At present, they are serving in more than 140 countries having over 740,000 clients that use their end-to-end digital platform, mobile solutions which help at any time, anywhere access to key HR tasks.
They also provide an open architecture that gives easy integration with existing software, including most ERPs.
What makes them unique?
Uniqueness comes with their 24/7 access to HR and payroll experts that offers responsive service solutions according to customer's day-to-day challenges.
They understand their corporate social responsibilities towards their clients thus counting for 12 years in a row as World’s Most Admired Companies.
They have also worked very well on maintaining the highest level of data security and privacy finally educating and empowering their clients to take respective measures to reduce all possible risks.
In the end, we can say there have put forth their experience and cutting edge technology to transform human resources into a strategic business advantage from a back-office administrative function.
References
https://www.adp.com/about-adp/why-adp.aspx
https://en.wikipedia.org/wiki/ADP_(company)