ROSELAND, N.J., Jan. 15, 2014 /PRNewswire/ -- Recognizing
that complying with the Affordable Care Act (ACA) can be a
challenge for small businesses, ADP® today announced it
has introduced additional tools and resources to its popular RUN
Powered by ADP® ("RUN") human resource and payroll
platform. The new ACA Full Time Equivalent (FTE) calculator
and tax credit assist tools add to the suite of solutions already
available and further help small business owners improve
compliance, leverage potential tax credits, and help determine
their status under the ACA's Shared Responsibility Provision.
"Because we serve more than 425,000 small business clients, we
understand how demanding running a company is. That's why we
are continuously enhancing our RUN platform to make it easier for
small business owners to reduce compliance risks, improve cash
flow, and attract and retain employees," said Anish Rajparia, president of ADP Small Business
Services. "Our innovative tools and resources help clients
focus more on their business priorities and less on time on complex
ACA requirements."
These newly-added features complement the suite of other small
business ACA-related tools and resources that clients have already
been using on ADP's popular RUN HR and payroll platform, which now
includes:
- ACA Dashboard – Provides tools, reports, and useful
links to help clients understand how the ACA impacts their business
and employees;
- FTE Calculator – Helps clients determine their number of
Full Time Equivalent employees and if they may be considered an
'applicable large employer' and therefore be subject to the Shared
Responsibility provision of the ACA;
- Pay by Pay – ADP's Pay-by-Pay® Premium
Payment Program for Workers' Compensation helps to better manage
the cash you spend on workers' compensation premiums*;
- Time and Attendance – Provides workforce planning to
improve time tracking, apply employee schedules and monitor
employee hours to help clients comply with Shared
Responsibility;
- Health Care Tax Credit Assist – Automatically integrates
with the RUN platform and organizes information about employees,
which includes wages, hours and premiums to help businesses
determine their eligibility for the Small Business Health Care Tax
Credit; and
- Ongoing ACA Alerts and Education – Legislative and
regulatory alerts and educational materials, including webinars and
updates, to help clients keep apprised of latest ACA
developments.
"ADP's suite of ACA tools and resources available through our
innovative RUN HR and payroll platform were designed specifically
for small businesses. Our easy and intuitive tools help
reduce penalties that can disrupt cash flow and be a distraction to
owners. We are committed to helping our clients comply with
even the most complex regulations that impact them so they can
focus on growing their business," Rajparia added.
For more information on RUN Powered by ADP, visit
www.adp.com/runpayroll.
*This information covers only the offering of the Premium
Payment Program for Workers' Compensation payroll features of ADP's
payroll processing services and does not involve the offer or sale
of any insurance products. All insurance products will be offered
and sold only through the licensed agents of Automatic Data
Processing Insurance Agency, Inc. or its licensed insurance
partners. Certain services may not be available in all states.
Clients must be using ADP's tax filing service to take advantage of
the Premium Payment program.
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,
visit the company's Web site at www.adp.com.
For more information, contact:
Jim Duffy
ADP
(973) 712-2070
Jim.Duffy@ADP.com
SOURCE Automatic Data Processing, Inc.