ADP, Inc.
About The ADP, Inc.
Industry
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Automatic Data Processing, Inc. (ADP) is a leading global provider of cloud-based human capital management (HCM) solutions. It offers a comprehensive suite of services that streamline human resources (HR), payroll, talent management, time and attendance, tax and benefits administration, and compliance expertise.
Founded in 1949 by Henry Taub, ADP has grown to serve over 1.1 million clients worldwide. It processes payroll for more than 42 million workers across approximately 140 countries and territories. The company's extensive experience and innovative technology have transformed HR from a back-office function into a strategic business advantage.
Service Segments
ADP's offerings are organized into two primary segments:
- Employer Services: This segment provides strategic, cloud-based platforms and HR outsourcing solutions, including RUN Powered by ADP for small business payroll and HR management, ADP Workforce Now tailored for mid-sized and large businesses, and ADP Vantage HCM for comprehensive HR, payroll, and talent management.
- Professional Employer Organization (PEO) Services: Under the ADP TotalSource brand, this segment offers HR and employment administration outsourcing through a co-employment model, covering employee benefits, compliance, talent engagement, outsourcing, and recruitment process outsourcing.
Industries Served
ADP’s solutions cater to a diverse range of industries such as:
- Restaurant and hospitality
- Manufacturing
- Professional and technical services
- Construction
- Financial services
- Government and educational institutions
- Non-profit organizations
Company Size and Workforce
Employing approximately 64,000 employees globally, ADP continues to lead in HR innovation. It empowers businesses to focus on core operations while ensuring compliance and efficiency in HR processes.
Location
In addition to its headquarters in Roseland, New Jersey, ADP operates an office in Mesa, Arizona, USA.
Stock Market Information
- ADP is an equity listed in the USA market.
- The current price is 300.27 USD with a change of 2.03 USD (0.01%) from the previous close.
- The latest open price was 298.66 USD and the intraday volume is 1,525,480.
- The intraday high is 300.65 USD and the intraday low is 296.46 USD.
- The latest trade time was Wednesday, July 16, 13:45:00 PDT.