Everest Group Names ADP a Leader in Multi-country Payroll Solutions PEAK Matrix Assessment 2021

Rhea-AI Summary

ADP was named a Leader in the Everest Group's 2021 Multi-country Payroll (MCP) solutions PEAK Matrix® assessment, marking its continued recognition since 2013. The assessment evaluates service providers on market success and delivery capability, with ADP noted for its global payroll offerings and innovative R&D efforts. ADP’s focus on employee analytics, automation, and simplified client onboarding has strengthened its competitive position. ADP also highlighted its new Global Consulting Services, addressing client payroll transformation needs and enhancing service delivery.

Positive

• ADP has been recognized as a Leader in the Everest Group's PEAK Matrix assessment since 2013.
• Ongoing investments in technology and R&D enhance ADP's service offerings.
• Introduced Global Consulting Services to aid clients in payroll transformation.

Negative

• None.

ROSELAND, N.J., Nov. 15, 2021 /PRNewswire/ -- Industry analyst firm Everest Group has again named ADP a Leader in its Multi-country Payroll (MCP) solutions PEAK Matrix® assessment 2021. ADP has consistently earned recognition as a Leader since the report's inception in 2013, owing to ADP's ability to support clients' diverse global needs and its continued innovation in the global payroll space.   

"We're committed to providing our clients with the tools and expertise they need to thrive."    -Virginia Magliulo, ADP

The PEAK Matrix is a framework that provides an objective, data-driven, and comparative assessment of service providers based on their market success and delivery capability. Everest Group assesses the Market Impact and Vision and Capability of each provider, classifying them into three categories: Leaders, Major Contenders, and Aspirants. Market Impact measures market adoption, portfolio mix, and value delivered, while Vision and Capability examines vision and strategy, scope of services offered, innovation and investments, and delivery footprint.

"ADP's continued efforts in R&D, integration capabilities, and vast geographical coverage have allowed it to further strengthen its service and technology offerings to make them even more valuable and seamless for clients," said Priyanka Mitra, practice director, Everest Group. "Its emphasis on employee analytics, automation, and efforts to simplify the client onboarding experience have helped it safeguard its position as a Leader on the Everest Group MCP solutions PEAK Matrix assessment."

"We're honored to see ADP earn such longstanding recognition for its ability to support global businesses as the world changes," said Virginia Magliulo, president of Employer Services International at ADP. "Recent events have transformed how and where people work, ushering in new compliance considerations and placing strains on global talent pools that employers need to navigate. From our free online resource center to keep clients informed during COVID-19 to new integrations that enable a more unified global payroll experience to uncovering deeper insights through people analytics, we're committed to providing our clients with the tools and expertise they need to thrive."

Everest Group noted ADP's strengths, including its strong global footprint and ability to cater to varying client needs through its ADP® Global Payroll offerings. The evaluation highlighted ADP's ongoing investments in technology, including enhanced integrations and a global insights dashboard that allows for benchmarking across operational and business metrics. ADP's track record of providing superior service stood out as well, with the report citing ADP's new Global Consulting Services tailored to assist clients with their individual payroll transformation journeys.

To view an ADP-focused excerpt of Everest Group's Multi-country Payroll solutions PEAK Matrix assessment 2021 covering ADP's global payroll solutions, please visit here.

About ADP (NASDAQ: 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

ADP, the ADP logo, and Always Designing for People, are trademarks of ADP, Inc.  All other marks are the property of their respective owners.

Copyright © 2021 ADP, Inc.  All rights reserved.

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SOURCE ADP, Inc.

FAQ

What recognition did ADP receive in 2021?

In 2021, ADP was named a Leader in the Everest Group's Multi-country Payroll solutions PEAK Matrix assessment.

How long has ADP been recognized as a Leader in the PEAK Matrix assessment?

ADP has been recognized as a Leader since the assessment's inception in 2013.

What are the key strengths highlighted for ADP in the 2021 assessment?

The assessment highlighted ADP's global footprint, technology investments, and its Global Consulting Services.

What is the significance of the Everest Group's PEAK Matrix assessment?

The PEAK Matrix assessment provides a comparative evaluation of service providers based on their market impact and delivery capabilities.

What role does employee analytics play in ADP's service offerings?

Employee analytics is a key focus for ADP, enhancing its technology offerings and improving client experience.