Last $73.35 USD
Change Today +0.67 / 0.92%
Volume 2.1M
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As of 8:10 PM 10/20/14 All times are local (Market data is delayed by at least 15 minutes).

automatic data processing (ADP) Key Developments

ADP Announces New Cloud-Based Marketplace to Help Businesses Extend the Value of HCM Solutions

ADP announced a new cloud-based marketplace designed to help employers manage an ecosystem of complementary enterprise applications, enabling them to extend the value of their workforce data across their entire organizations. The new ADP Marketplace will be available to companies beginning October 8, enabling them to discover applications from ADP as well as trusted providers from one location. Through the launch of the ADP Marketplace, ADP is giving clients, partner companies and application developers access to its application programming interfaces (APIs) through a secure cloud platform. By accessing ADP's APIs, companies can enhance data-sharing capabilities across their enterprise applications with a single set of workforce data. This will enable companies to automate a variety of workforce management tasks that previously required employers to manage them across multiple platforms. In addition, clients, partner companies and application developers will be able to leverage the APIs to enable access to the partners' newly created and innovative applications and to upload their applications for purchase in the ADP Marketplace. Several partner companies have joined the ADP Marketplace where employers will be able to use their services. They include: Concur: As a provider of spend management solutions and services, Concur helps companies more easily manage their expenses through the cloud. In the new ADP Marketplace, employers will be able to access Concur's platform and integrate their travel and expense data with their organizational hierarchies and reporting structure contained in ADP's HR system of record for a seamless expense workflow routing and approval process. GetHired: Job applicant and onboarding technology company GetHired helps employers streamline their entire hiring process with ADP Hiring Powered by GetHired.com. The company will offer ADP Marketplace users access to its platform, giving them greater oversight of their applicant hiring processes and data. Globoforce: A provider of social recognition solutions, Globoforce helps companies build strong cultures of engaged employees through the power of thanks. As part of the integration with ADP Marketplace, joint customers of ADP and Globoforce will have an easier and more effective way to manage and recognize employees' ongoing performance and cultural values adoption. The shared vision of ADP and Globoforce includes a number of future enhancements, including supplementing performance reviews with peer-based, crowd-sourced recognition data, for a more complete, well-rounded picture of an employee's performance and impact across the organization. Several other partners are also working with ADP to build the ADP Marketplace where employers will be able to access and use their services. These partners include Cornerstone OnDemand, LifeCare and PaySimple. ADP worked with various cloud services marketplace provider AppDirect to create the ADP Marketplace. AppDirect powers online marketplaces for the companies around the globe. By collaborating with AppDirect, ADP will give companies easy access to a customized catalog of services and solutions through a single sign-on.

ADP Announces the Release of ADP Health Compliance

ADP announced the release of ADP Health Compliance, a comprehensive solution designed to help large employers manage the critical business challenges associated with the Affordable Care Act (ACA) in the United States. ADP is adding ADP Health Compliance -- targeted at large enterprises with at least 1,000 employees in the United States -- to its growing portfolio of compliance solutions designed to help employers quickly adapt to emerging ACA compliance requirements and avoid potentially devastating financial penalties. ADP Health Compliance combines Software as a Service (SaaS) with rigorous managed services staffed by ACA experts who can help to enable compliance while managing all of the complex regulatory requirements: Eligibility: Gives employers the tools they need to determine eligibility, including assessments of ACA full-time/part-time status thresholds and whether or not health benefits coverage has been offered to a minimum of 70% of the workforce in 2015 and 95% in subsequent plan years. Affordability: Calculates whether health benefits coverage offerings exceed the affordability threshold and allows the flexibility to select among applicable safe harbor tests. Regulatory Management: ADP's ACA experts provide notices of coverage, develop annual health care reports, manage exchange notices and reconcile ACA employer penalties. This fully outsourced service significantly reduces administrative burdens for employers by supporting and streamlining all of the labor-intensive interactions between employers, employees and various government agencies.

ADP, LLC Unveils Mobile Tax Credit Screening for Federal WOTC

ADP, LLC has unveiled mobile tax credit screening for the federal Work Opportunity Tax Credit, or WOTC. Mobile screening is the latest addition to the ADP Tax Credits offering and allows businesses to screen for WOTC eligibility from any location using a mobile device or tablet, helping to speed up the overall credit capture process. Companies of all sizes often expend significant time and resources screening job applicants and verifying and documenting employees for WOTC and other point-of-hire credits. When companies are conducting mass-hiring, such as at job fairs or during store openings, they often revert to paper applications and manual processes to fill out and submit WOTC applications to states. ADP's new mobile tax credit screening helps companies reduce the time and resources needed to determine eligibility and submit applications for the WOTC and other credits by making the application process available electronically in virtually any location. The offering allows job applicants to enter information on a mobile device or tablet and alerts them on the spot of additional documentation required to complete the application. The new offering, available via a web interface, is the latest addition to an already comprehensive suite of ADP WOTC screening and delivery solutions that offer superior flexibility, including Web-in, call-in and IVR (with electronic or voice signature, and form delivery via fax, email and Secure Document Upload) as well as Mail-in programs. These services help enable companies to take full advantage of available tax credits and incentives to help reduce a company's overall tax liability. Additional features will be added to the mobile tax credit screening offering in the future, including the ability for hiring managers to enter the necessary information to complete the WOTC application process after an employee is hired, and the ability for job applicants to take photos of any required supporting documentation and upload it to ADP - all directly from a mobile device. ADP Tax Credits is one component of the ADP SmartCompliance platform. A cloud-based unified platform of outsourced services, ADP SmartCompliance helps medium and large businesses better manage employment-related tax and payment compliance. The platform helps companies save time and money by bringing together and streamlining compliance management for employment tax, tax credits, wage payments, wage garnishments, employment verification, unemployment claims and W2 management.

COMTEX Renewed and Broadened Its Partnership with ADP

Having originally used ADP's HCM solutions to manage its payroll, as well as some of its human resource functions, COMTEX renewed and broadened its partnership with ADP, adding timekeeping services into the mix. The decision to implement even more of ADP's solutions has paid off. ADP's expertise and outstanding customer service was another selling-point for COMTEX.

ADP Introduces Mobile Tax Credit Screening for Work Opportunity Tax Credit

ADP introduced mobile tax credit screening for the federal Work Opportunity Tax Credit (WOTC). Mobile screening is the latest addition to the ADP Tax Credits offering and allows businesses to screen for WOTC eligibility from any location using a mobile device or tablet, helping to speed up the overall credit capture process. ADP research indicates that its Tax Credits business is the first to provide a mobile tax credit screening offering. Companies of all sizes often expend significant time and resources screening job applicants and verifying and documenting employees for WOTC and other point-of-hire credits. When companies are conducting mass-hiring, such as at job fairs or during store openings, they often revert to paper applications and manual processes to fill out and submit WOTC applications to states. ADP's new mobile tax credit screening helps companies reduce the time and resources needed to determine eligibility and submit applications for the WOTC and other credits by making the application process available electronically in virtually any location. The offering allows job applicants to enter information on a mobile device or tablet and alerts them on the spot of additional documentation required to complete the application. The new offering, available via a web interface, is the latest addition to an already comprehensive suite of ADP WOTC screening and delivery solutions that offer superior flexibility, including Web-in, call-in and IVR (with electronic or voice signature, and form delivery via fax, email and Secure Document Upload) as well as mail-in programs. These services help enable companies to take full advantage of available tax credits and incentives to help reduce a company's overall tax liability. Additional features will be added to the mobile tax credit screening offering in the future, including the ability for hiring managers to enter the necessary information to complete the WOTC application process after an employee is hired, and the ability for job applicants to take photos of any required supporting documentation and upload it to ADP all directly from a mobile device.

 

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ADP

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