Automatic Data Processing
Automatic Data Processing Inc. ADP short, is an American company from Roseland in the U.S. state of New Jersey.
ADP employs more than 60,000 people worldwide. With approximately 620,000 clients, ADP is one of the world's largest independent IT services company, is a leading provider of HR services such as payroll, time tracking and expense management. In fiscal 2013, ADP had a turnover of 11 billion U.S. dollars worldwide. The company consists of two business units: ADP Employer Services and ADP Dealer Services. ADP Employer Services provides with more than 540,000 customers with the significantly larger of the two divisions dar. According to the company in Germany takes place every fifth Payroll with products of ADP.
The German headquarters of ADP is located in Neu- Isenburg near Frankfurt am Main. The European headquarters are located in Paris.
History
In 1949, Henry Taub with his brother Joe Taub Automatic Payrolls, Inc. as payroll office in Paterson, New Jersey. A little later was joined by Frank Lautenberg, in 1952 the board of the company took over. He accompanied the company for many years until he was elected in 1982 in the Senate of the United States.
In 1957 the company, mainframes and punch cards began to be used for the pay slips - and changed its name to Automatic Data Processing, Inc., briefly ADP. In 1961 the company with 300 customers, 125 employees and a turnover of around U.S. $ 400,000 went public. ADP opened in 1965 a branch in the United Kingdom and acquired in 1974, the company timeshare Limited ( TSL), a pioneer of his time in digital computing processes.
1985 exceeded the annual turnover of ADP for the first time the one - billion - dollar limit. At that time, the company was already responsible for 10 % of payrolls in the United States. During the 90s ADP increasingly focusing on providing its customers with business process outsourcing. In addition, ADP continued to expand in the European market and acquired numerous companies in the UK, Germany, France and other countries.
ADP is one of the four American companies that are rated by the rating agencies Standard & Poor 's (S & P) and Moody's with the top AAA rating. 2010 ADP was chosen by Fortune magazine the most important companies in the financial sector data.