ROSELAND, N.J. and LAS VEGAS, Oct. 3,
2011 /PRNewswire/ -- ADP®, a leading provider of human
resources outsourcing, payroll services, benefits administration
and integrated computing solutions for vehicle dealers, today
introduced ADP Vantage HCM(SM), the industry's first complete
employee lifecycle solution for large organizations. ADP Vantage
HCM is the culmination of an 18-month research and development
effort by ADP to create a unified, fully-integrated platform
combining the pillars of human capital management: HR, payroll,
benefits, talent management and time & attendance. The company
unveiled the much anticipated system at the 14th Annual HR
Technology® Conference in Las Vegas,
Nevada today.
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With the launch of ADP Vantage HCM, ADP is mobilizing its
resources to help clients who want to simplify and consolidate HR
systems/services across their enterprise to achieve a lower cost
and more efficient HR function. Leveraging a revolutionary,
customizable user interface experience centered on the roles and
processes within an organization, ADP Vantage HCM unifies the
notoriously disparate HR processes of large organizations by
automating and integrating them into a real-time, end-to-end view
across the HR spectrum. Human Capital Management (HCM) is the sum
of those HR processes, combined with technology and services that
organizations employ to optimize their workforce's contributions
and drive business success.
"ADP Vantage HCM is the realization of years of working with and
listening to our clients," said Regina
Lee, President, ADP National Account Services, Major Account
Services, GlobalView and ADP Canada. "At ADP, we place immense
value on services that drive improved business outcomes for our
clients. With ADP Vantage HCM, we can now help large organizations
realize the benefits of a single, unified approach to managing
multiple HR functions. We believe that this approach can help
clients achieve new efficiencies and reach business objectives that
go beyond traditional enterprise resource planning projects."
ADP Vantage HCM effectively pulls together the entire HCM
software suite to help large organizations:
- Reduce total cost of ownership through an optimal blend of
cloud-based technologies and outsourced administrative
services
- Improve employee satisfaction and retention through easy access
to employee data and self-service capabilities
- Utilize robust workforce analytics to help drive business
success
- Elevate HR to a more strategic role in the organization,
through automating key HCM processes and shifting other processing
to ADP
- Remove technology-based restrictions to company growth
- Improve their ability to meet regulatory compliance
requirements and mitigate risk
- Leverage mobile technology to drive engagement across the
employee population
Recently, ADP and global research firm Lightspeed Research
surveyed 400 management professionals at North American companies
with over 1,000 employees – targeting C-suite executives and senior
HR/IT leaders – on issues associated with HCM. The research
findings reveal a strong demand among large organizations for a
simplified, fully-integrated HCM solution that can provide
real-time insight into their workforce. It also indicates that
senior management is increasingly acknowledging the importance of
HCM as a core driver of business strategy.
Among the findings:
- On average, four to five different HCM systems exist within the
respondents' organizations
- Nearly 80 percent of C-level executives say they believe HCM
investment and support will become increasingly important over the
next five years
- 81 percent of HR, IT and C-level executives indicate that HR is
key to executing the company's business strategy
- Nearly 75 percent of IT directors and C-level respondents would
support an integrated HCM system if it is packaged as an
enterprise-wide application
ADP Vantage HCM: The Future of HR Today
ADP Vantage HCM delivers true integration through a unified
structure rather than interfaces connecting disparate parts. The
customizable user experience erases visible product and process
"seams" and improves user productivity. Data is stored once within
a single shared database cluster that allows for the best of both
worlds: real-time updates and immediate accessibility to a single
version of the enterprise, without the need for two-way
synchronization.
ADP Vantage HCM helps solve several problems for clients
including point solution proliferation. Employees and managers will
benefit from direct access to information via multiple devices –
smart phones, tablets, laptop or PC's – to allow for control and
better management of crucial data including pay detail, benefits
elections, employee directory, company information, management
reports, organization details and more. All information access is
controlled by security profiles that seamlessly reveal/restrict
access to data.
ADP Vantage HCM also provides clients with the flexibility to
swap out components or add capabilities down the road. This unique
architecture means that the solution does not present the
development and upgrade constraints common to many competitive
solutions.
"ADP Vantage HCM brings together technology and outsourcing
services in support of the complete employee life cycle," said
Lisa Rowan, Program Director, HR,
Talent, and Learning Strategies at IDC. "With ADP Vantage
HCM, ADP is making it easier for buyers to harness the full value
of ADP's expertise and technology across the HCM and Talent
Management spectrum."
ADP Vantage HCM: Empowering HR Professionals
With ADP Vantage HCM, senior management is now able to make
better informed decisions about the future of their organizations
based on a clear picture of its current and prospective talent
pool. In addition, with the robust workforce analytics that this
innovative new tool provides, access to HR data is easier than
ever, helping to identify problem areas and how to best deploy the
right talent to address specific challenges across the business.
ADP Vantage HCM is designed to "think" like a practitioner thinks,
suggesting the next logical step in a process and saving clients
time and energy.
For more information about ADP Vantage HCM, visit
www.ADP.com/HCM and the ADP Vantage HCM blog at
ADPVantageHCM.com.
About the Human Capital Management Survey
ADP and Lightspeed Research conducted research on issues
associated with Human Capital Management among a total of 400
management professionals in September
2011. Respondents were C-level managers and senior HR and IT
leaders at North American companies with over 1,000 employees. The
margin of error (using a 95% confidence level) was +/- 10.0% for HR
Director or above, +/- 9.8% for IT Director or above and +/- 6.9%
for C-level managers.
About ADP
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.
Contact:
Jim Larkin
ADP
(973) 407-9714
jim_larkin@adp.com
SOURCE ADP, Inc.