ROSELAND, N.J., Sept. 4, 2013 /PRNewswire/
-- ADP®, a leading global provider of Human Capital
Management (HCM) solutions, today announced the availability of
information, enhancements and solutions designed to help small,
midsized and large businesses in the
United States manage their compliance with the evolving
requirements of the Affordable Care Act (ACA). ADP can help
companies approach their ACA compliance strategically by providing
solutions, resources and expertise around employee communications,
eligibility, reporting and enrollment.
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"ADP sits at the intersection of payroll, time and attendance,
and benefits administration. We process payroll for one in
six Americans and manage benefits for more than 10 million American
workers, which means we have the knowledge and resources to help
businesses manage ACA compliance," said Carlos Rodriguez, President and CEO, ADP.
"In fact, we've been helping our clients with ACA compliance since
its enactment in 2010. As requirements continue to evolve, ADP will
expand and enhance our solutions to help businesses stay compliant
and avoid penalties associated with missed deadlines or incomplete
information."
ADP Helps Businesses Comply with ACA Requirements
ADP
has been helping companies of all sizes navigate complex
legislation and regulatory requirements for more than 60 years.
With the Notice of Coverage Options deadline of October 1, 2013 less than a month away, ADP is
continuing to help make it possible for clients to proactively
manage ACA mandates.
- In 2013: ADP introduced enhancements to HCM
platforms and enterprise resource planning (ERP) plug-ins,
including a service that helps businesses communicate the Notice of
Coverage Options, as well as functionality to support the employer
"Shared Responsibility" mandate.
- In 2014: ADP will continue to release additional
functionality and enhance the suite of ACA solutions designed to
help businesses make critical decisions around applicability,
employee eligibility, and public exchange communications.
- From 2015 – 2018: ADP will help companies manage
requirements and communications around the employer mandate and
possible penalties, automatic plan enrollment, expanded insurance
exchange availability, excise tax on high-cost coverage and other
critical milestones. In addition, ADP will help automate reporting
with the Internal Revenue Service (IRS).
In addition, ADP will continue to provide robust analytics that
include benchmarking, decision support tools and dashboards to
assist clients with taking a strategic, real-time view of ACA
compliance and related activity.
As ACA guidance continues to be released, ADP will issue
announcements regarding its flagship offerings, including ADP
Vantage HCM® for large businesses, GlobalView global
HCM, ADP Workforce Now® midsized business HCM, RUN
Powered by ADP® small business payroll, tax and human
resources, ADP Resource® small business administrative services
organization (ASO), ADP TotalSource® small/midsized
business professional employer organization (PEO), and ADP
SmartComplianceSM for integration with payroll, HR and
enterprise resource planning (ERP) systems.
For more information about how employers are managing the impact
of the ACA or to subscribe to ADP Eye on Washington regulatory email alerts, please
visit www.adp.com/health-care-reform.
About ADP
With more than $11
billion in revenues and more than 60 years of experience,
ADP® (NASDAQ: ADP) serves approximately 620,000 clients
in more than 125 countries. As one of the world's largest
providers of business outsourcing and human capital management
solutions, ADP offers a wide range of human resource, payroll,
talent management, tax and benefits administration solutions from a
single source, and helps clients comply with regulatory and
legislative changes, such as the Affordable Care Act (ACA).
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.
The ADP logo, ADP, ADP TotalSource, RUN Powered by
ADP®, ADP Workforce
Now®, and ADP Vantage
HCM® are registered trademarks of ADP,
Inc. ADP SmartCompliance(sm) is a service mark of ADP, Inc.
Copyright © 2013 ADP, Inc.
Media Contacts:
Rick
Weber
Vice President, Marketing, ADP
(909) 569-7897
rick.weber@adp.com
ADP Public Relations
(973) 974-7612
public_relations@adp.com
SOURCE ADP