ROSELAND, N.J., April 9, 2020 /PRNewswire/ -- ADP, a leading
global technology company providing human capital management (HCM)
solutions, announced today that it is working with the Federal
Government to support businesses and their employees in securing
timely relief to help mitigate the impact of the ongoing COVID-19
pandemic. ADP has been engaged in active discussions with Congress,
the U.S. Treasury and the Small Business Administration (SBA) and
supports the efforts and measures they have taken to assist
businesses in maintaining stable employment during this crisis. On
March 22, ADP President and Chief
Executive Officer Carlos Rodriguez
wrote to congressional leadership and the Administration to offer
ADP's support in mitigating the economic impact of the Coronavirus
crisis, in whatever form appropriate.
ADP is doing everything possible to help small business and
ADP's clients. ADP's efforts to date have been focused on providing
information and tools to help clients understand and navigate the
legislative relief that has been adopted over the past few weeks.
From the moment the federal government enacted the FFCRA and the
CARES Act, ADP has been working non-stop to provide support for all
employers on the relief available under both laws. This includes an
Employer Preparedness Toolkit that helps explain the federal and
state government relief as well as a website dedicated to providing
critical information about the Paycheck Protection Program
(PPP). ADP has also hosted multiple webinars focused on helping to
explain the FFCRA and CARES Act and trained thousands of ADP
associates who have fielded several hundred thousand calls from
clients since the beginning of the crisis.
ADP has also built tools to help clients obtain the data they
need to expedite the process for SBA loans under the PPP. This
includes payroll cost reporting and headcount reporting tools that
were updated with each change in SBA guidance since the PPP was
enacted under the CARES Act. To date, over 240,000 clients
have downloaded these types of reports. ADP is also
developing APIs for banks and financial institutions to better
support data requests related to the PPP. The APIs match the
specific payroll cost and headcount reports ADP created for our
clients and will return the specific data needed within the PPP
loan parameters.
"This global pandemic has created extremely challenging
circumstances for people around the globe and our number one
priority is to support businesses and their employees the best we
can during this difficult time," said Carlos Rodriguez. "Businesses of all sizes face
significant difficulties in continuing to operate over the coming
weeks and we are particularly concerned that employees of small
businesses may experience severe hardships if their work schedules
and pay are disrupted. We are working with the federal
government to determine the best path forward to support our
clients and their employees in meeting this global crisis,
including in securing the relief available under existing laws or
any future legislation."
ADP serves nearly 700,000 U.S. employers in paying 26 million
U.S. employees across businesses of all sizes. The company's
substantial expertise and technology resources, as well as
established financial relationships with our clients, financial
institutions and employees ensures ADP is well positioned to
provide support through these challenging times.
About ADP (Nasdaq: ADP)
Designing better ways to work through cutting-edge products,
premium services and exceptional experiences that enable people to
reach their full potential. HR, Talent, Time Management,
Benefits and Payroll. Informed by data and designed for
people. Learn more at ADP.com.
ADP, the ADP logo, and Always Designing for People are
trademarks of ADP, LLC.
Copyright © 2020 ADP, LLC. All rights reserved.
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SOURCE ADP, LLC