Fiserv and ADP Team Up to Empower Small Business Success
Fiserv (NYSE: FI) and ADP (Nasdaq: ADP) announced a strategic partnership to integrate their small business solutions. The collaboration will combine ADP's RUN payroll and HR platform with Fiserv's Clover management system and CashFlow Central platform. 87 percent of small business owners expressed interest in a unified business management system, according to Fiserv research. The integrated solution will offer U.S.-based small businesses comprehensive capabilities across payroll, cash management, and payments. The partnership will begin this quarter with services launching in early 2025.
Fiserv (NYSE: FI) e ADP (Nasdaq: ADP) hanno annunciato una partnership strategica per integrare le loro soluzioni per le piccole imprese. La collaborazione unirà la piattaforma RUN per stipendi e risorse umane di ADP con il sistema di gestione Clover e la piattaforma CashFlow Central di Fiserv. Secondo una ricerca di Fiserv, il 87 percento dei titolari di piccole imprese ha espresso interesse per un sistema di gestione aziendale unificato. La soluzione integrata fornirà alle piccole imprese negli Stati Uniti capacità complete in ambito stipendi, gestione della liquidità e pagamenti. La partnership avrà inizio questo trimestre con i servizi che saranno lanciati a inizio 2025.
Fiserv (NYSE: FI) y ADP (Nasdaq: ADP) anunciaron una asociación estratégica para integrar sus soluciones para pequeñas empresas. La colaboración combinará la plataforma RUN de ADP para nóminas y recursos humanos con el sistema de gestión Clover y la plataforma CashFlow Central de Fiserv. Según una investigación de Fiserv, el 87 por ciento de los propietarios de pequeñas empresas expresó interés en un sistema unificado de gestión empresarial. La solución integrada ofrecerá a las pequeñas empresas en EE.UU. capacidades completas en nómina, gestión de efectivo y pagos. La asociación comenzará este trimestre con el lanzamiento de servicios en principios de 2025.
Fiserv (NYSE: FI)와 ADP (Nasdaq: ADP)가 중소기업 솔루션을 통합하기 위한 전략적 파트너십을 발표했습니다. 이번 협력은 ADP의 RUN 급여 및 인사 플랫폼과 Fiserv의 Clover 관리 시스템 및 CashFlow Central 플랫폼을 결합합니다. Fiserv의 연구에 따르면 87퍼센트의 중소기업 소유자들이 통합 비즈니스 관리 시스템에 관심을 보였습니다. 통합 솔루션은 미국의 중소기업에 대해 급여, 현금 관리 및 결제 전반에 걸친 포괄적인 기능을 제공할 것입니다. 파트너십은 이번 분기에 시작되며, 서비스는 2025년 초에 런칭됩니다.
Fiserv (NYSE: FI) et ADP (Nasdaq: ADP) ont annoncé un partenariat stratégique pour intégrer leurs solutions destinées aux petites entreprises. La collaboration combinera la plateforme RUN de gestion de la paie et des ressources humaines d'ADP avec le système de gestion Clover et la plateforme CashFlow Central de Fiserv. Selon une étude de Fiserv, 87 pour cent des propriétaires de petites entreprises ont exprimé leur intérêt pour un système unifié de gestion d'entreprise. La solution intégrée proposera aux petites entreprises américaines des capacités complètes en matière de paie, de gestion de trésorerie et de paiements. Le partenariat débutera ce trimestre avec le lancement des services prévu pour début 2025.
Fiserv (NYSE: FI) und ADP (Nasdaq: ADP) haben eine strategische Partnerschaft angekündigt, um ihre Lösungen für kleine Unternehmen zu integrieren. Die Zusammenarbeit wird die RUN-Lohn- und HR-Plattform von ADP mit dem Clover-Managementsystem und der CashFlow Central-Plattform von Fiserv kombinieren. Laut einer Untersuchung von Fiserv haben 87 Prozent der Kleinunternehmer Interesse an einem einheitlichen Geschäftsmanagementsystem geäußert. Die integrierte Lösung wird kleineren Unternehmen in den USA umfassende Funktionen in den Bereichen Löhne, Geldmanagement und Zahlungen bieten. Die Partnerschaft beginnt in diesem Quartal mit einem Start der Dienstleistungen im frühen 2025.
- Strategic partnership with industry leader ADP expands Fiserv's service offerings
- Integration addresses high market demand (87% of small business owners interested)
- Expansion into payroll services enhances Fiserv's product ecosystem
- Extended timeline for service rollout (early 2025) may delay revenue generation
Insights
This strategic partnership between two fintech giants represents a significant market opportunity. By integrating ADP's payroll expertise with Fiserv's Clover platform and CashFlow Central, they're targeting the massive small business market where
The integration creates a comprehensive financial ecosystem that could drive substantial revenue growth through cross-selling opportunities and increased customer retention. For Fiserv specifically, this adds a important payroll component to their small business offering, potentially increasing their competitive advantage against Square and Toast.
While the financial terms aren't disclosed, this partnership should enhance both companies' market positions in the SMB space. The early 2025 rollout timeline suggests careful integration planning to ensure seamless implementation.
With Fiserv research finding that 87 percent of small business owners are interested in one easy-to-use business management system, ADP and Fiserv have a unique opportunity to deliver a robust solution that combines a premier set of capabilities across payroll, cash management, and payments to meet the critical operational needs of small business owners.
Through this partnership, ADP and Fiserv will offer
“This strategic partnership with ADP furthers our commitment to building out an integrated solution that meets the unique needs of today’s small business owner,” said Frank Bisignano, Chairman, President and Chief Executive Officer of Fiserv. “The addition of ADP’s payroll services technically integrated into Clover will make it easier than ever for small businesses to manage the flow of money in and out of their business, whether they are selling to customers, paying bills, or managing payroll.”
“The powerful combination of two trusted, industry leaders advances our ability to serve the millions of small businesses that drive the
Fiserv and ADP will start working together this quarter with services to be rolled out in early 2025.
About Fiserv
Fiserv, Inc. (NYSE: FI), a Fortune 500 company, aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale and business management platform. Fiserv is a member of the S&P 500® Index and has been recognized as one of Fortune® World’s Most Admired Companies™ for 9 of the last 10 years. Visit fiserv.com and follow on social media for more information and the latest company news.
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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View source version on businesswire.com: https://www.businesswire.com/news/home/20241119415009/en/
Media Relations:
Chase Wallace
Director, Communications
Fiserv, Inc.
470-481-2555
Chase.wallace@fiserv.com
Additional Contact:
Jason Ledder
Senior Director, Media Relations
ADP
201-650-8160
Jason.ledder@adp.com
Source: Fiserv, Inc.
FAQ
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