ADP Acquires WorkForce Software
ADP (Nasdaq: ADP) has acquired WorkForce Software, a premier workforce management solutions provider specializing in supporting large, global enterprises. This acquisition aims to expand ADP's global offering of workforce management solutions and drive innovation to meet future business needs. WorkForce Software, founded in 1999 and headquartered in Michigan, offers robust time and attendance, scheduling, forecasting, leave and absence management, and employee communications capabilities.
The acquisition will broaden ADP's full suite of workforce management solutions to meet the needs of its over one million clients in more than 140 countries. WorkForce Software's solutions are designed to adapt to an organization's unique needs, accommodating various pay rules, labor regulations, and schedules for different types of employees.
ADP (Nasdaq: ADP) ha acquisito WorkForce Software, un fornitore di soluzioni per la gestione della forza lavoro specializzato nel supportare grandi imprese globali. Questa acquisizione mira a espandere l'offerta globale di ADP di soluzioni per la gestione della forza lavoro e a promuovere l'innovazione per soddisfare le esigenze aziendali future. WorkForce Software, fondata nel 1999 e con sede nel Michigan, offre robuste soluzioni per la gestione del tempo e della presenza, programmazione, previsione, gestione delle assenze e comunicazioni con i dipendenti.
L'acquisizione amplierà l'intera suite di soluzioni per la gestione della forza lavoro di ADP, per rispondere alle esigenze dei suoi oltre un milione di clienti in più di 140 paesi. Le soluzioni di WorkForce Software sono progettate per adattarsi alle esigenze specifiche di un'organizzazione, tenendo conto di varie regole salariali, normative sul lavoro e orari per i diversi tipi di dipendenti.
ADP (Nasdaq: ADP) ha adquirido WorkForce Software, un proveedor líder de soluciones para la gestión de la fuerza laboral especializado en apoyar a grandes empresas globales. Esta adquisición tiene como objetivo ampliar la oferta global de ADP de soluciones de gestión de la fuerza laboral y fomentar la innovación para satisfacer las necesidades empresariales futuras. WorkForce Software, fundada en 1999 y con sede en Michigan, ofrece sólidas capacidades de gestión de tiempo y asistencia, programación, previsión, gestión de ausencias y comunicaciones con empleados.
La adquisición ampliará la suite completa de soluciones de gestión de la fuerza laboral de ADP para atender las necesidades de sus más de un millón de clientes en más de 140 países. Las soluciones de WorkForce Software están diseñadas para adaptarse a las necesidades únicas de una organización, considerando diversas reglas de pago, regulaciones laborales y horarios para diferentes tipos de empleados.
ADP(Nasdaq: ADP)는 WorkForce Software를 인수했습니다. 이 회사는 대규모 글로벌 기업을 지원하는 인력 관리 솔루션 제공업체입니다. 이번 인수는 ADP의 글로벌 인력 관리 솔루션 제공 범위를 확장하고 향후 비즈니스 요구사항에 대한 혁신을 촉진하기 위한 목적입니다. 1999년에 설립되어 미시간에 본사를 두고 있는 WorkForce Software는 강력한 시간 및 출석, 일정 관리, 예측, 휴가 및 결근 관리, 직원 커뮤니케이션 기능을 제공합니다.
이번 인수는 ADP의 전체 인력 관리 솔루션 제품군을 확장하여 140개국 이상에서 백만 명 이상의 고객의 요구를 충족할 것입니다. WorkForce Software의 솔루션은 다양한 급여 규정, 노동 법규 및 다양한 종류의 직원에 대한 일정을 수용하며 조직의 고유한 요구에 맞게 조정됩니다.
ADP (Nasdaq: ADP) a acquis WorkForce Software, un fournisseur de solutions de gestion de la main-d'œuvre de premier plan spécialisé dans le soutien aux grandes entreprises internationales. Cette acquisition vise à élargir l'offre mondiale d'ADP en matière de solutions de gestion de la main-d'œuvre et à favoriser l'innovation pour répondre aux besoins futurs des entreprises. WorkForce Software, fondée en 1999 et basée dans le Michigan, propose de solides capabilités en matière de gestion du temps et de présence, de planification, de prévisions, de gestion des absences et de communication avec les employés.
Cette acquisition élargira l'ensemble des solutions de gestion de la main-d'œuvre d'ADP pour répondre aux besoins de ses plus d'un million de clients dans plus de 140 pays. Les solutions de WorkForce Software sont conçues pour s'adapter aux besoins uniques d'une organisation, en tenant compte de différentes règles de paiement, de règlements du travail et de plannings pour différents types d'employés.
ADP (Nasdaq: ADP) hat WorkForce Software übernommen, einen führenden Anbieter von Lösungen für das Workforce-Management, der sich auf die Unterstützung großer globaler Unternehmen spezialisiert hat. Diese Übernahme zielt darauf ab, das globale Angebot von ADP an Lösungen für das Workforce-Management zu erweitern und Innovationen zur Erfüllung zukünftiger Geschäftsbedürfnisse voranzutreiben. WorkForce Software, gegründet im Jahr 1999 und mit Hauptsitz in Michigan, bietet umfangreiche Funktionen zur Zeit- und Anwesenheitsverwaltung, Planung, Prognose, Verwaltung von Abwesenheiten und Mitarbeiterkommunikation.
Durch die Übernahme wird das gesamte Portfolio von ADP im Bereich Workforce-Management erweitert, um die Bedürfnisse von über einer Million Kunden in mehr als 140 Ländern zu erfüllen. Die Lösungen von WorkForce Software sind darauf ausgelegt, sich an die einzigartigen Bedürfnisse einer Organisation anzupassen und verschiedene Zahlungsregeln, Arbeitsvorschriften und Zeitpläne für unterschiedliche Mitarbeitergruppen zu berücksichtigen.
- Expansion of ADP's global workforce management solutions offering
- Access to WorkForce Software's expertise in supporting large, global enterprises
- Potential for increased innovation in workforce management solutions
- Broadening of ADP's client base and market reach
- Enhancement of ADP's ability to meet diverse workforce management needs
- None.
Insights
ADP's acquisition of WorkForce Software is a strategic move to expand its global workforce management capabilities. This deal strengthens ADP's position in the HCM market, particularly for large, global enterprises. The acquisition brings valuable assets:
- Robust time and attendance solutions
- Advanced scheduling and forecasting tools
- Leave and absence management capabilities
- Employee communications features
Financially, while specific terms weren't disclosed, this acquisition likely represents a significant investment for ADP. It's expected to drive revenue growth by expanding ADP's product offering and client base. The deal may also lead to cost synergies through integration of WorkForce Software's operations.
For investors, this move signals ADP's commitment to innovation and market expansion. It could potentially accelerate ADP's top-line growth and enhance its competitive position against other HCM players. However, the success will depend on smooth integration and realizing synergies, which investors should monitor in future earnings reports.
This acquisition significantly bolsters ADP's technological capabilities in workforce management. WorkForce Software's solutions are known for their adaptability and compliance features, important for managing complex, global workforces. Key technological benefits include:
- Enhanced ability to handle unique pay rules and labor regulations
- Improved scheduling capabilities for diverse workforce types (deskless, hourly, unionized, etc.)
- Advanced forecasting tools for workforce optimization
The integration of these technologies with ADP's existing HCM suite could lead to powerful synergies and innovations. It positions ADP to better serve large enterprises with complex workforce needs across multiple countries. This move also aligns with the trend towards more flexible, data-driven workforce management solutions, which have become increasingly important in the post-pandemic work environment.
Investors should watch for how quickly ADP can integrate these new technologies and bring enhanced products to market. The success of this integration could be a significant driver of ADP's future growth and market position in the evolving HCM technology landscape.
Transaction will expand global offering and drive workforce management innovation to meet the future needs of businesses
"As the needs of today's global workforce continue to shift, employers need dynamic workforce management solutions that will help them maintain compliance and flexibility while engaging their employees," said Maria Black, president and CEO of ADP. "We are excited to welcome the WorkForce Software team to ADP and will leverage the deep expertise across both teams to further innovate and address the many unique and wide-ranging needs of our clients."
Founded in 1999 and headquartered in
WorkForce Software's solutions adapt to an organization's needs, and can accommodate unique pay rules, labor regulations, and schedules. Whether employees are deskless, hourly, unionized, full-time, part-time, or seasonal, WorkForce Software has focused on offering tools that create resiliency, drive optimal performance and make managing a global workforce easy.
"The WorkForce Software team is thrilled to join ADP," said Jeff Moses, CEO of WorkForce Software. "For 25 years we have led the way in developing workforce management solutions that enable many of the world's most innovative organizations to optimize their workforce, protect against compliance risks, and increase employee engagement. Now, with the extensive expertise, resources and global reach of ADP, this winning formula will help us deliver an employee experience for the future through powerful, enterprise-grade workforce management solutions."
About ADP
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com.
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