ROSELAND, N.J., Feb. 26, 2019 /PRNewswire/
-- ADP®, the leading global provider of human
capital management (HCM) solutions, has been named a Leader and
Star Performer in the Everest Group Multi-Process Human Resources
Outsourcing (MPHRO) PEAK Matrix™ report. The company was the only
provider selected by the industry analyst firm as both a Leader and
Star Performer among twenty vendors evaluated. The MPHRO PEAK
Matrix designations follow ADP's recognition as a Leader in the
Multi-Country Payroll Outsourcing and Multi-Country Payroll
Platform PEAK Matrix reports.
ADP was named a Leader in the MPHRO PEAK report due to
significant success in both revenue and active deals as well as its
ability to provide end-to-end service delivery. According to
Everest Group, Leaders offer a clear advantage with next generation
technologies in MPHRO deals and can deliver a range of HR services
across the globe. The PEAK Matrix is an objective, data-driven
comparative assessment of service and technology providers based on
overall capability and market success.
In addition to its Leader recognition in the MPHRO report, ADP
was also named a "Star Performer" based on having the strongest
forward movement demonstrated on the PEAK Matrix year-on-year
compared to other service providers. According to Everest Group,
"Star Performers" have the fastest growth and improvement
year-on-year.
Anil Vijayan, Practice Director at Everest Group stated, "ADP's
strong growth is backed by its employee-oriented vision and
well-rounded technology strategy. Its suite of proprietary
solutions complemented by its extensive partnership ecosystem
enables it to deliver flexible solutions on a global scale.
Its recent spate of acquisitions and investments have also
contributed to solidifying its position as one of the
premier providers in the market."
Everest Group also selected ADP as a Leader for its MCPO PEAK
Matrix report, which measures market impact and vision and
capability of service providers. According to Everest Group, ADP is
a Leader for multi-country payroll outsourcing based on market
revenue and has the dominant share in all of the regions
evaluated.
In addition, Everest Group noted that ADP emerged as a Leader in
the MCPO PEAK due to having the highest share of revenue and
maximum number of client employees in the market. In addition, the
company was chosen for its investment in expanding capabilities
through acquisitions and is focused on expanding its geographic
coverage. Everest Group noted that ADP performs strongly in
analytics using its DataCloud analytics tool, powered by
operational data and is capable of benchmarking and predictive
analytics.
The firm classifies service providers on the PEAK Matrix into
three categories – Leaders, Major
Contenders and Aspirants. Market impact measures market
adoption, portfolio mix and value delivered. Vision and capability
measures vision and strategy, scope of services offered, innovation
and investments and delivery footprint.
Everest Group is a central source for research-based insights
across a range of IT, business processes, locations and service
delivery model topics. The firm has been advising industry
leaders on delivery model transformation since 1991. Everest
Group is able to share their learnings while working alongside
organizations tackling their own challenging transformation
agendas. By maintaining relationships with key industry
organizations, Everest Group is able to meet to educate the global
services industry and support the continual growth and evolution of
the market.
"Everest Group is a highly respected and trusted global research
firm, and we're very proud to not only be recognized as a MPHRO
Leader but also a Star Performer," said Don
McGuire, President ADP Employer Services International. "ADP
is constantly looking for ways to increase our reach and
capabilities. I believe we received such high praise this year, due
our global reach through strategic acquisitions including The
Marcus Buckingham Company, WorkMarket, Celergo, and Global Cash
Card, which have continued to push the company forward as well as
successful solutions like ADP DataCloud and Marketplace."
To find out more information about Everest Group's assessments,
visit its website at www.everestgrp.com.
About ADP (NASDAQ-ADP)
Powerful technology plus a human touch. Companies of all
types and sizes around the world rely on ADP cloud software and
expert insights to help unlock the potential of their people. HR.
Talent. Benefits. Payroll. Compliance. Working together to
build a better workforce. For more information, visit
ADP.com.
ADP, the ADP logo and ADP A more human resource are
registered trademarks of ADP, LLC in the United States and other countries. All
other marks are the property of their respective
owners.
Copyright © 2019 ADP, LLC. All rights reserved.
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SOURCE ADP, LLC