ROSELAND, N.J., Oct. 4, 2012 /PRNewswire/ -- ADP ®, a
leading global provider of Human Capital Management (HCM) services,
today announced that it has reached a new milestone with the
implementation of its 30,000th HCM client. ADP's
cloud-based HCM solutions, which elevate human resources (HR) to a
more strategic role by automating HR, talent management, benefits,
payroll, time and attendance and reporting processes, are now among
the fastest selling in the history of the HCM marketplace.
The rapid adoption of ADP's Human Capital Management solutions
has been fueled by growing demand among midsized and large
organizations seeking a single solution from one vendor that can
provide management with a 360-degree view of their organization,
enabling them to make better informed decisions about their current
and prospective workforce. Analyst firm IDC estimates the Worldwide
HR Management Services market at $71.6
billion for 2012, with a 5-year CAGR through 2016 of 3.9
percent.1
"A roster of more than 30,000 cloud-based HCM clients speaks to
ADP's expertise in delivering a broad solution to the widest
possible audience of employers," said Lisa
Rowan, IDC Program Director for HR, Learning and Talent
Management Strategies. "Regardless of size or industry, ADP
has solutions to meet the needs of the market."
"Clients ranging from the largest Fortune 500 companies with
multinational requirements to midsized businesses are increasingly
choosing ADP to provide them with Human Capital Management
solutions that are so critical in today's business environment,"
said Regina Lee, Division President,
ADP. "The overwhelming reception to ADP's integrated,
one-stop shop approach to managing multiple HR, payroll, talent
benefits and time functions is a clear indicator that clients
around the world are realizing demonstrable business results as a
result of the efficiencies and productivity gained through ADP's
Human Capital Management solutions."
ADP's Human Capital Management solutions can also include highly
functional Talent Management tools, such as Talent Acquisition,
Performance Management, Compensation Management, Succession
Management and Learning Management. When integrated in an HCM
solution, these tools can help enable organizations to tap into a
pipeline of talent to consider during the hiring process, and a
clear way to track them and to assess their lifetime business
productivity. In addition, with the workforce analytics that ADP
provides, access to HR data is easier than ever, helping
practitioners rapidly deploy the right talent to address specific
challenges across the business.
ADP Human Capital Management for Midsized Organizations:
Sarnova Inc., a medical products company in Columbus, Ohio recently selected ADP to
replace its paper-based HR system when the company doubled in size
to nearly 500 employees.
"It was the perfect time to bring everyone together and find the
best processes for all of us," said Christy
Gigandet, Senior HR Partner at Sarnova. "With ADP, it
was a simple transition and we didn't have to worry about HR
integration with payroll or time and attendance because it was
already part of the solution."
ADP Human Capital Management for Large Organizations:
Tower Group, Inc., through its subsidiaries, provides
commercial, specialty and personal property and casualty insurance
products and services to businesses in various industries and to
individuals in the United States.
The company selected ADP to supply an integrated Human Capital
Management solution for its more than 1,400 employees.
"We selected ADP after an intensive search for a single unified
Human Capital Management solution that could meet the diverse needs
of our growing workforce," said Theresa
Rogers, Human Resources Information Systems Manager at Tower
Group. "We evaluated other solutions, but they could not compete
with ADP's unique combination of technology, service and true
integration through a unified structure. ADP's Human Capital
Management approach is a breakthrough for managing and finding
efficiencies in large workforces."
Overall, ADP has more than 250,000 clients and 18 million users
leveraging its cloud-based platforms.
PWC Study: The Hidden Reality of Payroll & HR
Administration Costs
An ADP-sponsored industry study by PwC found that outsourcing
multiple HR functions to a single vendor can reduce an
organization's costs by 24 percent on average. The study also
revealed that outsourcing, and not simply moving to SaaS, is the
real catalyst for achieving greater efficiencies and cost savings
in the HR function. A complimentary copy of "The Hidden Reality
of Payroll & HR Administration Costs" study can be obtained
at www.adp.com/tco2011.
About
ADP
Automatic Data
Processing, Inc. (NASDAQ: ADP), with more than $10 billion in revenues and approximately 600,000
clients, is one of the world's largest providers of business
outsourcing solutions. Leveraging over 60 years of experience, ADP
offers a wide range of human resource,
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, recreational
vehicle, and heavy equipment 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.
Contact:
Jim
Larkin
ADP
(973) 407-9714
jim.larkin@adp.com
Footnote:
- IDC Worldwide and U.S. HR Management Services 2012-2016
Forecast, doc #234583, May 2012
SOURCE ADP