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Automatic Data Processing - ADP STOCK NEWS

Welcome to our dedicated page for Automatic Data Processing news (Ticker: ADP), a resource for investors and traders seeking the latest updates and insights on Automatic Data Processing stock.

Automatic Data Processing, Inc. (ADP) is a premier provider of comprehensive human resources management software and services headquartered in Roseland, New Jersey. Established in 1949, ADP serves over 1 million clients globally, primarily based in the United States. ADP’s services encompass payroll, human capital management (HCM) solutions, HR outsourcing, insurance, and retirement services.

ADP is organized into two main segments: Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers payroll and HCM solutions, HR outsourcing, insurance, and retirement services. The PEO segment, which is smaller but rapidly growing, provides HR outsourcing solutions to small and midsize businesses through a co-employment model.

In recent advancements, ADP has unveiled ADP Assist, a cutting-edge AI-driven solution that transforms work data into actionable insights, enhancing productivity and decision-making for HR professionals. The solution boasts a conversational interface that simplifies HR tasks, boosting overall workforce efficiency.

ADP’s latest technological innovations are driven by its extensive and unique dataset, which spans over 1 million clients across 140 countries, covering 41 million wage earners globally. This vast dataset is integral in training ADP's AI systems, ensuring precise and actionable insights are delivered to clients, aiding smart decision-making.

Furthering their commitment to innovation, ADP’s Marketplace has evolved to become the world’s largest digital HR storefront. Now incorporating AI-enabled partner solutions, ADP Marketplace offers clients enhanced ease and confidence in selecting solutions that best meet their HR needs.

ADP's financial health remains robust, as evidenced by their recent quarterly results and consistent job growth data from their National Employment Report. With a keen focus on secure and ethical data use, ADP ensures client data privacy and compliance, underpinning their trustworthiness in the market.

Learn more about ADP's advanced HCM solutions and the latest developments at ADP.com.

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Private sector employment increased by 497,000 jobs in June and annual pay was up 6.4 percent year-over-year, according to the June ADP National Employment Report.
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Nearly 92% of women-owned businesses are microbusinesses, according to a survey by NAWBO and ADP. These small businesses contribute significantly to household income and have the potential to increase wealth in underserved populations.
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ADP (Nasdaq: ADP) announced its third quarter fiscal 2023 financial results along with a revised fiscal outlook. The earnings release is accessible on their investor website and will be filed with the SEC. A conference call for financial analysts took place on April 26, 2023, at 8:30 a.m. ET, with a replay available online. Supplemental financial information is also posted on ADP's site, covering quarterly and yearly revenues and earnings from fiscal years 2021 to 2023. ADP continues to focus on enhancing human capital management solutions, emphasizing data-informed designs to foster workforce potential.

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FAQ

What is the current stock price of Automatic Data Processing (ADP)?

The current stock price of Automatic Data Processing (ADP) is $305.15 as of November 22, 2024.

What is the market cap of Automatic Data Processing (ADP)?

The market cap of Automatic Data Processing (ADP) is approximately 125.0B.

What services does ADP provide?

ADP offers payroll, human capital management solutions, HR outsourcing, insurance, and retirement services.

Where is ADP headquartered?

ADP is headquartered in Roseland, New Jersey, USA.

What is ADP Assist?

ADP Assist is an AI-powered solution that transforms work data into actionable insights, enhancing productivity and decision-making in HR.

How many clients does ADP serve?

ADP serves over 1 million clients globally.

What is the ADP Marketplace?

ADP Marketplace is the world’s largest digital HR storefront, offering AI-enabled, integrated partner solutions to meet diverse HR needs.

How does ADP ensure data security?

ADP uses rigorous methods to safeguard privacy and ensure data security, including dedicated instances of AI models and strong governance policies.

What recent advancements has ADP made?

ADP has recently launched ADP Assist, a comprehensive AI solution, and enhanced ADP Marketplace with AI-enabled partner solutions.

How does ADP use its data?

ADP leverages its extensive dataset to train AI systems, providing clients with precise, actionable insights to aid in decision-making.

What is the ADP National Employment Report?

The ADP National Employment Report is an independent measure of changes in U.S. private employment and pay, based on anonymized payroll data.

How long has ADP been in operation?

ADP was established in 1949, making it one of the most experienced providers of human capital management solutions.

Automatic Data Processing

Nasdaq:ADP

ADP Rankings

ADP Stock Data

125.01B
406.94M
0.12%
84.04%
1.6%
Software - Application
Services-computer Processing & Data Preparation
Link
United States of America
ROSELAND