ADP Named a Leader in IDC MarketScape: Worldwide Human Resource
Business Process Outsourcing
ROSELAND, N.J., Nov. 19, 2012 /PRNewswire/ -- ADP®, a leading
global provider of Human Capital Management (HCM) services, today
announced that it has been recognized as a 'Leader' in worldwide
human resources business process outsourcing (HR BPO) by
International Data Corporation (IDC).
The newly released IDC MarketScape: Worldwide HR BPO 2012
Vendor Analysis (IDC #237630, November
2012) describes ADP as "the largest supplier of HR BPO
services, with many areas of strength including global reach,
reputation, viability and sustained affordability." ADP's scoring
on the strategies axis of the report, which measures pace of
innovation, customer service and portfolio strategy among other
variables, exceeded all other vendors. To download a free copy of
the IDC MarketScape report, click here:
http://www.adp.com/adp_solutions/analyst-reports/idc-bpo/index.aspx
"Once again, ADP is a market Leader in our analysis, with over
three million client lives served for processes including
recruitment process outsourcing (RPO), HR, benefits and
payroll," said Lisa Rowan,
research vice president, Talent Management and HR Services,
IDC.
In naming ADP as a Leader, IDC also cites a recent total cost of
ownership study for HR BPO conducted by Sourcing Analytics, Inc.
and referenced below. The study demonstrates that outsourcing
payroll to ADP in a BPO model not only lowers costs of payroll
administration, but also drives change throughout the organization,
resulting in lower costs for HR transaction processing, time
reporting, and management.
The annual IDC MarketScape: Worldwide HR BPO 2012 Vendor
Analysis targets the 1,000+ employee marketplace for
multi-process HR BPO solutions including payroll services, HR
solutions, employee benefits administration, RPO, learning and/or
compensation management. The evaluation of vendors is based
on a comprehensive and rigorous framework that assesses vendors
relative to the criteria and one another and highlights the factors
expected to be the most influential for success in the market in
both the short and long term.
"The new IDC MarketScape report is a tremendous validation of
ADP's ability to deliver comprehensive HR BPO capabilities on
behalf of clients around the world," said Regina Lee, Division President, ADP. "Our
relentless focus on client success is evident in the depth and
breadth of our innovative HR BPO solutions that help ADP clients
drive true business transformation."
A recent study conducted by Sourcing Analytics, Inc., titled
The Hidden Benefits of Human Resource Business Process
Outsourcing, determined that outsourcing to ADP in a BPO model
not only lowers a client's cost of payroll administration, but by
driving change throughout the organization, also reduces the
overall costs of HR transactional processing, management and time
and attendance reporting by as much as 40 percent. Sourcing
Analytics, Inc. surveyed ADP's largest US-based HR BPO clients
(each respondent with over 1000 employees) on their experiences in
outsourcing business processes including payroll, time and
attendance, workforce administration and health and welfare
benefits administration to ADP.
About IDC MarketScape
IDC MarketScape vendor analysis
model is designed to provide an overview of the competitive fitness
of ICT (information and communications technology) suppliers in a
given market. The research methodology utilizes a rigorous scoring
methodology based on both qualitative and quantitative criteria
that results in a single graphical illustration of each vendor's
position within a given market. IDC MarketScape provides a clear
framework in which the product and service offerings, capabilities
and strategies, and current and future market success factors of IT
and telecommunications vendors can be meaningfully compared. The
framework also provides technology buyers with a 360-degree
assessment of the strengths and weaknesses of current and
prospective vendors.
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
SOURCE Automatic Data Processing, Inc.