ADP recognised as highest-positioned “Leader” and “Star Performer” in Multi-Country Payroll Outsourcing by Everest Group
ROSELAND, N.J. – September 5, 2017 –Everest Group® has identified ADP® as the highest-positioned vendor in Multi-Country Payroll Outsourcing (MCPO) in its 2017 Everest Group PEAK Matrix™ report. After assessing 13 service providers across the key dimensions of market success and delivery capability, the analyst firm recognised ADP as the highest-positioned “Leader” and a “Star Performer.”
Everest Group’s PEAK Matrix is a framework designed to provide an objective, data-driven, and comparative assessment of MCPO service providers based on factors including scale, scope, technology and innovation, delivery footprint and overall market success. It classifies providers into Leaders, Major Contenders, and Aspirants. The assessment also designates Star Performers based on positive year-on-year movement on the PEAK Matrix.
Among ADP’s strengths, Everest Group noted that ADP offers wide country coverage serving 112 countries with products including ADP’s GlobalView® HCM and ADP Streamline®. It also highlighted ADP’s strong focus on analytics and consumerism offering employees and managers greater insights and a superior user experience.
“ADP continues to excel in global payroll services occupying the highest market share in terms of revenue and highest number of pay slips processed,” said Anil Vijayan, practice director at Everest Group. “As the largest multi-country payroll outsourcing provider in the world, ADP’s solutions meet the needs of small and large enterprise businesses worldwide and it’s continuing to invest in expanding its geographic footprint. In addition, when it comes to technology and innovation, ADP is on the cutting edge with tools such as predictive analytics and benchmarking powered by the ADP® DataCloud.”
The research report also cited ADP’s global sourcing model, which enables it to deliver multi-country payroll services in an efficient and cost-effective manner. Since Everest Group began its MCPO assessment four years ago, ADP has continually been recognised as a “Leader.”
“We’re delighted that Everest Group has recognised ADP’s commitment to providing an enhanced user experience, and innovative reporting and analytics for our global payroll clients,” said Ed Flynn, president of ADP’s Global Enterprise Solutions. “Multinational companies continue to be challenged when managing payroll for an increasingly global workforce, especially given the critical need to remain compliant with complex local tax and labor laws. We’re proud that our solutions help simplify global payroll so employers can focus on driving meaningful business results and building better workforces.”
For more details on the Everest Group report, read the excerpt here.
About ADP (NASDAQ-ADP)
ADP has worked with Australian businesses for more than 35 years and has over 7000 clients. Globally, the ADP group is one of the largest providers of Human Capital Management and payroll solutions, serving more than 650,000 clients. We provide our customers with a platform to mitigate compliance risk, deliver business insight and gain operational efficiency. From software to outsourcing solutions, organisations of all sizes take advantage of ADP’s deep expertise to free their teams and help them focus on driving greater business results.
ADP, GlobalView, ADP Streamline and the ADP logo are registered trade marks of ADP, LLC. ADP A more human resource is a trade mark of ADP, LLC. All other marks are the property of their respective owners.
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