ROSELAND, N.J., Sept. 9, 2013 /PRNewswire/ -- ADP®, a leading global provider of Human Capital Management (HCM) solutions, today announced that Everest Group, a global consulting and research firm, has named ADP as a Leader in the Everest Group PEAK Matrix™, published in the 2013 Multi-Process Human Resources Outsourcing (MPHRO) Service Provider Landscape report.
Everest Group defines Leaders as both successful in the market and capable of effectively delivering MPHRO on a global basis. The report also recognizes ADP as a Star Performer, a company that demonstrated strong year-over-year advancement in 2013.
"Many employers find executing a globally compliant human capital management strategy time-consuming, expensive and daunting," said Rajesh Ranjan, Vice President, Everest Group. "Increasingly, these organizations turn to outsourcing to help predict and control costs, improve service levels, standardize processes and provide greater expertise. ADP has capitalized on this trend to deliver strong results for its clients."
Everest Group notes ADP's Leader status results from client satisfaction and the broadening of its MPHRO portfolio in recruitment process outsourcing and benefits administration. Everest Group also highlights ADP as having signed "the lion's share" of MPHRO deals in the market.
"ADP is proud of the success we're helping our customers achieve through a strong set of human capital management solutions delivered globally," said Mark Benjamin, Division President at ADP. "Our clients enjoy increased productivity, confidence in their compliance, and standardized processes across business units. Everest Group's recognition of ADP as a Leader and Star Performer underscores our role as a leading provider of human capital management solutions."
Everest Group also recognized ADP's leadership in the North American mid-market and forecasts the MPHRO market to grow steadily with continued expansion in emerging markets such as Asia/Pacific and Latin America, two regions in which ADP continues to grow.
With more than $11 billion in revenues and more than 60 years of experience, ADP® (NASDAQ: ADP) serves approximately 620,000 clients in more than 125 countries. As one of the world's largest providers of business outsourcing and human capital management solutions, ADP offers a wide range of human resource, payroll, talent management, tax and benefits administration solutions from a single source, and helps clients comply with regulatory and legislative changes, such as the Affordable Care Act (ACA). 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.
Steve Cross Senior Director, Corporate Communications, ADP (973) 404-4325 Steven.R.Cross@ADP.com
SOURCE Automatic Data Processing, Inc.