ADP - Automatic Data Processing Inc
Company Overview
Name
Automatic Data Processing Inc
Tickers
ADP
Exchanges
Nasdaq
Employees
64000
Founded
1949
Sector Information
Other Information
CIK
8670
Category
Large accelerated filer
1-Line Summary
ADP provides innovative cloud-based HCM solutions that streamline HR and payroll processes for businesses worldwide.
Company summary
Automatic Data Processing, Inc. (ADP) is a leading global technology company providing comprehensive cloud-based human capital management (HCM) solutions. Founded in 1949, ADP has transformed payroll management into a strategic business advantage, offering services that encompass HR, payroll, talent management, time management, tax, and benefits administration for clients of all sizes across 140 countries. Their business model focuses on addressing the entire employment cycle, enhancing operational efficiency through innovative technology and industry expertise.
ADP organizes its offerings into three main business pillars: U.S. HCM Solutions, U.S. HR Outsourcing (HRO) Solutions, and Global Solutions. The company services over 1.1 million clients and processes payroll for more than 42 million workers worldwide. By leveraging advanced technologies, including artificial intelligence and data analytics, ADP continually innovates its services to meet the evolving needs of organizations while also maintaining a robust compliance framework to navigate complex regulatory environments.
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