Automatic Data Processing Inc

NASDAQ: ADP
$246.84
+$0.53 (+0.2%)
Closing price April 23, 2024
Automatic Data Processing Inc, commonly known as ADP, is a global provider of cloud-based human capital management solutions. Founded in 1949 and based in Roseland, New Jersey, ADP offers a wide range of services including payroll, benefits administration, talent and HR management, workforce management, insurance, retirement solutions, and compliance services. It caters to businesses through two main segments: Employer Services, which focuses on strategic HR outsourcing solutions, and Professional Employer Organization (PEO), which offers comprehensive HR outsourcing through a co-employment model, covering benefits, compliance, and talent engagement.

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