Automatic Data Processing Net Worth is8.9 12-Month Sales Growth (%)
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Company Name: Automatic Data Processing, Inc.
Company Logo: Image:ADP logo.svg
Company Type: Public company
Traded As: ADP, S&P 500
Foundation: Paterson, New Jersey (1949)
Location: Roseland, New Jersey, New Jersey, United States
Key People: Leslie A. Brun (Chairman) industry
Services: Human resource, payroll, tax and benefits administration solutions from a single source
Revenue: {{nowrap/{{increase United States Dollar10.66 billion (2012) Operating Income: net income
Assets: equity
Num Employees: 57,000 (2012) Homepage: http://www.adp.com
Automatic Data Processing, Inc. (ADP), is an American provider of business outsourcing solutions. It is also a provider of computing services to automobile and heavy equipment dealers. ADP is one of four U.S. companies to get a AAA credit rating from Standard & Poor's (S&P) and Moody's.
In 1949 Henry Taub founded Automatic Payrolls, Inc. as a manual payroll processing business. In 1957, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees and revenues of approximately $400,000.
From 1985 onward, ADPa??s annual revenues exceeded the $1 billion mark, with paychecks processed for about 10% of the U.S. workforce. In the 1990s ADP began acting as a professional employer organization (PEO). Around this time, the company acquired Autonom, a German company, Kerridge Computer Co. Ltd., a dealer management systems (DMS) provider to auto dealers in the UK, and the payroll and human resource services company, GSI, headquartered in Paris.
In 2007, the ADP Brokerage Service Group was spun off to form Broadridge Financial Solutions, Inc. (NYSE: BR), removing about $2 billion from ADP's total yearly revenue. ADP was distributing one share of Broadridge common stock for every four shares of ADP common stock held by shareholders of record as of the close of business on March 23, 2007. ADP is sponsor of the ADP National Employment Report as well as the ADP Small Business Report.
Dealer Services provides integrated technology services and solutions to about 25,000 automotive dealerships internationally, as well as vehicle manufacturers. In 2010, ADP acquired the automotive marketing company Cobalt.
BZ Results (Automotive Dealer Services), winner of the 2006 a??Innovative Company of the Yeara??, was purchased by ADP in 2006. At the time, BZ Results was valued at $125 million.

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Automatic Data Processing Latest News

Automatic Data Processing, Inc. (ADP) Ex-Dividend Date Scheduled for December ...

Automatic Data Processing, Inc. ( ADP) will begin trading ex-dividend on December 07, 2017. A cash dividend payment of $0.63 per share is scheduled to be paid on January 01, 2018. Shareholders who purchased ADP prior to the ex-dividend date are eligible ...
Posted: December 6, 2017, 1:00 am

Leveraging Big Data and Cloud for Better Security

At Automatic Data Processing (ADP), a provider of business processing services for payroll, human resource and other areas, big data analytics for security "represents significant opportunities that we are manically focused on," says VJay LaRosa ...
Posted: December 12, 2017, 4:11 pm

Automatic Data Processing : New Jersey Added 2,600 Private Sector Jobs in November, According to ADP Regional Employment Report(R)

* Sum of components may not equal total, due to rounding. The December 2017 ADP Regional Employment Report will be released at 9:00 a.m. ET on Wednesday, January 10, 2018. A full publishing calendar can be found at www.ADPemploymentreport.com. Additional ...
Posted: December 13, 2017, 6:05 am
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