ROSELAND, N.J. and LONDON, Nov. 14,
2019 /PRNewswire/ -- ADP, a leading global technology
company providing human capital management (HCM) solutions, has
been named a Leader in the Everest Group Multi-Country Payroll
Solutions (MCP) PEAK Matrix® Assessment. As a Leader, ADP covers
the maximum number of client employees in the market. According to
Everest Group, Leaders have constantly innovated and invested in
developing technological capabilities to differentiate themselves
from others in the market.
Everest Group classifies providers based on three categories:
Leaders, Major Contenders and
Aspirants. The PEAK Matrix is a framework that provides an
objective, data-driven, and comparative assessment of providers
based on their market success and delivery capability. The industry
analyst firm assesses the Market Impact and Vision and Capability
of each provider. Market Impact measures market adoption, portfolio
mix and value delivered, while Vision and Capability examines
vision and strategy, scope of services offered, innovation and
investments, and delivery footprint.
"ADP is among the few players that have made significant strides
in providing an integrated payroll solution to their buyers through
its key acquisitions and partnerships," said Anil Vijayan, vice
president, Everest Group. "Its investments in enhancing its
solution to create an integrated HR services ecosystem for its
clients along with advanced analytics capabilities have helped it
emerge as a Leader in the assessment."
"We are continuously looking to advance our solutions and
strategically expand our global footprint to meet the needs of our
global payroll clients, and we are honored to have Everest Group
recognize our efforts," said Don
McGuire, president, Employer Services International, ADP.
"Multinational companies face unique challenges as the HR and
payroll industry evolves. We're proud that our solutions can help
clients navigate the global complexities of these new demands, from
on-demand pay to the contingent workforce."
Among ADP's strengths, Everest Group noted ADP's significant
presence across all geographies. As a Leader, ADP received the
highest scores for market adoption, earning recognition for its ADP
DataCloud analytics platform and growing technological capabilities
and investments, notably in the on-demand payroll ecosystem.
Everest Group also highlighted several of ADP's acquisitions
including The Marcus Buckingham Company, WorkMarket, Celergo, and
Global Cash Card, which have allowed ADP to provide a more
integrated solution.
To access a customized version of Everest Group's 2019 MCP PEAK
Matrix Assessment covering ADP's global payroll solutions, please
visit here.
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. All other marks are the property of
their respective owners.
Copyright © 2019 ADP, LLC. All rights reserved.
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