ADP Closes Acquisition of DO2 Technologies
20 Janeiro 2010 - 1:45PM
Marketwired
ADP ®, a leading provider of outsourced HR, payroll, and benefits
administration services, today announced it has completed its
acquisition of DO2 Technologies Inc., of Calgary, Alberta, a
leading provider of electronic-invoicing solutions.
The technology acquired from DO2 Technologies simplifies the
procure-to-pay function, from purchase order integration and
transaction processing to discount management, price compliance,
approvals workflow, and payment. The solution is delivered through
a Software-as-a-Service (SaaS) model, enabling quicker ramp-up and
a lower cost of ownership.
"The acquisition of DO2 Technologies allows ADP to help finance
professionals better run their day-to-day operation, while offering
greater visibility and the ability to focus on strategic
initiatives to drive business results," said Kathy Amooi, Senior
Division Vice President and General Manager for ADP's Tax and
Financial Services business.
ADP's tax and financial services solutions include payroll, tax
filing, payment solutions, garnishment services, unemployment
compensation management, tax credit services, sales tax automation,
and accounts payable.
About ADP
Automatic Data Processing, Inc. (NASDAQ: ADP), with nearly $9
billion in revenue and about 570,000 clients, is one of the world's
largest providers of business outsourcing solutions. Leveraging 60
years of experience, ADP offers the widest range of HR, payroll,
tax and benefits administration solutions from a single source.
ADP's easy-to-use solutions for employers provide superior value to
companies of all types and sizes. ADP is also a leading provider of
integrated computing solutions to auto, truck, motorcycle, marine
and recreational vehicle dealers throughout the world. For more
information about ADP or to contact a local ADP sales office, reach
us at 1.800.225.5237 or visit the company's Web site at
www.ADP.com.
For more information, contact: Kelly Shanley (973) 974-7612
public_relations@adp.com Zach Siegel Cohn & Wolfe for ADP (212)
798-9859 zach.siegel@cohnwolfe.com
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