ADP Sees Strong Demand from Mid-sized Organizations Seeking a Rapidly Deployed Payroll Solution
ADP Workforce Now® Express Payroll Sales Soar 47 Percent Since July
ROSELAND, N.J. – February 22, 2012 – ADP ®, a leading provider of human resource outsourcing, payroll services, benefits administration and integrated computing solutions for vehicle dealers, today announced that more than 3,600 mid-sized organizations have selected ADP Workforce Now® Express Payroll as their one-stop payroll processing solution since the product’s introduction 12 months ago. More recently, ADP has seen a nearly 50 percent rise in sales of the solution since July of 2011.
ADP Workforce Now Express Payroll is specifically designed for organizations with 50 to 150 employees that want a single, comprehensive solution for processing payroll in a safe and secure environment. The cloud-based solution is implemented in 10 days or less and provides clients with a dedicated support team. Once the solution is deployed, organizations can streamline their payroll processes and spend more time running their businesses.
“There are currently more than 170,000 organizations with 50 to 150 employees,” said Regina Lee, President of Major Account Services, National Account Services, ADP Canada and GlobalView® for ADP. “Based on our experience, most companies of this size have fairly standard payroll processing needs. However, rapidly changing laws and compliance requirements are leading many businesses to seek an easier alternative by outsourcing their payroll to a trusted, knowledgeable third party.”
According to the ADP Research Institute, a specialized group within ADP that conducts studies on current topics of interest to human resources and payroll professionals, in 2011, 48 percent of companies with 50 to150 employees processed payroll in-house, a significant decrease from 59 percent just four years earlier (2007). During this same time period the number of companies outsourcing rose from 41 percent to 52 percent.
The implementation methodology of ADP Workforce Now Express Payroll is engineered to help clients start processing their payroll quickly and accurately, and is managed by dedicated, highly-trained specialists who are accountable for guiding clients through the process and converting their data. An automated interview captures all relevant configuration information and an extended support team from ADP provides clients with knowledgeable assistance in the areas of tax and banking. Current employee data is typically collected and converted in five business days or less.
And, as client needs grow and evolve, ADP’s Workforce Now solution offers additional services such as HR services, talent management, employee benefits administration and time and attendance.
Watch a short demo to learn more about how ADP Workforce Now Express Payroll works.
Automatic Data Processing, Inc. (Nasdaq: ADP), with about $10 billion in revenues and approximately 570,000 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.
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For more information, contact:
Michael G. Schneider