ROSELAND, N.J. – June 4, 2015 – ADP®, a leading global provider of Human Capital Management (HCM) solutions, today announced that Everest Group® has named it a Leader in its Multi-Country Payroll Outsourcing (MCPO) – Service Provider Landscape with PEAK MatrixTM Assessment 2015.
The research report, published in March, noted the geographic scope and scalability of ADP's payroll solutions, citing its ability to meet the needs of very large multinational organizations (greater than 100,000 employees), as well as midsized business. ADP also was recognized for its global payroll domain expertise.
In particular, Everest Group singled out ADP Streamline®, a global payroll solution available in 100 countries, and the ADP® Mobile app, which has been downloaded more than four million times.
In its report, Everest Group classifies service providers into three categories – Leaders, Major Contenders and Emerging Players. The PEAK Matrix is a framework that assesses the market success and overall delivery capability of MCPO service providers. Everest Group's MCPO Research is derived from a proprietary database that tracks attributes, such as clients, recent wins, overall MCPO revenue, MCPO service suite, technology offerings, country coverage and partnerships.
"We're proud to be recognized by Everest Group as a leading service provider of global payroll solutions," said Mark Benjamin, president of ADP's Global Enterprise Solutions business. "ADP has been solving and innovating on payroll and other human capital management issues for more than 65 years. Everest Group's recognition of our cloud-based and mobile platforms is a tribute to the success we're having as we build solutions for different-sized organizations around the world."
"ADP emerged as a Leader in the MCPO PEAK Matrix with top quartile positioning, both in terms of market success and delivery capability," said Rajesh Ranjan, Everest Group partner. "The success of ADP's proprietary MCPO solution, ADP Streamline®, combined with its mobile app, ADP Mobile, are key differentiators. The company's scalability enables it to service both mid-market, as well as very large customers.
"ADP is one of the few MCPO providers with a truly 'global' sourcing model with the right balance between onshore and offshore full-time employees, enabling it to deliver multi-country payroll services in an efficient and cost-effective manner," Ranjan said.
Everest Group has prepared an excerpt report based on its findings.
Employers around the world rely on ADP® (Nasdaq: ADP) for cloud-based solutions and services to help manage their most important asset - their people. From human resources and payroll to talent management and benefits administration, ADP brings unmatched depth and expertise in helping clients build a better workforce. A pioneer in Human Capital Management (HCM) and business process outsourcing, ADP serves more than 625,000 clients in more than 100 countries. ADP.com
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