NEW YORK, May 4, 2016 /PRNewswire/ -- TransparentBusiness today announced its availability on ADP® Marketplace, the first ever cloud-based app ecosystem for the HCM industry.
Designated by Citigroup as the "Top People Management Solution", TransparentBusiness.com platform greatly increases productivity of remote work, protects from overbilling, allows for easy monitoring and coordination of geographically distributed workforce and provides real-time information on the cost and status of all tasks and projects.
TransparentBusiness joins an ever-growing lineup of critical HCM and business applications that enable employers to optimize decision-making by seamlessly integrating workforce data across their company through secure ADP application programming interfaces (APIs).
According to the research conducted by McKinsey&Co, online talent platforms could add $2.7 trillion to global GDP and ameliorate many of the persistent problems in the world's labor markets and TransparentBusiness is the first enterprise solution for creating private online talent platforms. TransparentBusiness also allows its clients to see all computer-based work in real-time or retroactively, with every work hour illustrated by 20 screenshots and to provide immediate feedback and instructions.
"For over six hundred thousand corporations which use ADP solutions, TransparentBusiness is now one click away," said Alex Konanykhin, CEO of TransparentBusiness Inc. "By using our platform, they can boost productivity by 15-40% and greatly reduce their labor costs by transparently accessing the global talent pool."
ADP Marketplace is a cloud-based "one-stop-shop" designed to help employers dynamically manage an ecosystem of enterprise applications from ADP and world-class partners. This enables companies of all sizes to extend the value of their workforce solutions seamlessly across their entire organizations via a secure, single-sign-on process.
According to the ADP Research Institute®, the typical large company operates more than 31 separate HR applications and 33 payroll systems*. Many HR systems currently lack the ability to share workforce data with each other – and other core business systems. Today's constantly evolving business environment requires a digital enterprise application shopping experience and seamless data integration capabilities across solutions to drive meaningful business productivity.
"Many companies struggle to integrate core HCM and business applications. ADP Marketplace empowers employers to overcome that challenge so they can focus on boosting their business agility and their employees' success," said Don Weinstein, Senior Vice President, Product Management, ADP. "TransparentBusiness' clients can access pre-integrated workforce data in real-time through one intuitive platform while tapping into a growing ecosystem of trusted HCM apps to meet their evolving business needs."
About ADP: Powerful technology plus a human touch. Companies of all types and sizes around the world rely on ADP's cloud software and expert insights to help unlock the potential of their people. HR. Talent. Benefits. Payroll. Compliance. Working together to build a better workforce. For more information, visit ADP.com. To learn more about ADP Marketplace, visit marketplace.adp.com.
TransparentBusiness Media Contact: Jay Soshnick, Senior Vice President (954) 346-2788, Email
ADP Media Contact: Dick Wolfe, ADP, (973) 974-7034, Email
* Source: ADP Research Institute®, 2015. 2015 Global Human Capital Management Decision-Makers Survey. "Harnessing Big Data: The Human Capital Management Journey to Achieving Business Growth
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SOURCE TransparentBusiness, Inc.