ADP Completes Purchase of Employease, Expanding Reach and Services

Strategic Insights -

ADP, a leading provider of business solutions, has finalized its acquisition of Employease, Inc., a prominent provider of Web-based solutions and outsourcing options for HR and benefits professionals. This strategic move expands ADP's client reach and enhances its mid-market customers' access to HR and benefits administration solutions. The acquisition builds on ADP's existing partnership with Employease, which began in 2004 and led to the introduction of the ADP HR/Benefits Solution.

Key Takeaways:

  • ADP has completed its acquisition of Employease, Inc., expanding its client reach and services in the mid-market.
  • The acquisition enables ADP to deliver additional value, flexibility, and choice for its clients, leveraging the strength of its sales force.
  • Employease's exceptional experience and services complement ADP's Software-as-a-Service (SaaS) product portfolio.
  • The ADP Major Accounts Services, part of ADP Employer Services, initially partnered with Employease in October 2004.
  • The partnership led to the introduction of the ADP HR/Benefits Solution, a suite of Web-based, hosted payroll, HR, and benefits administration services for the mid-market.
  • Vince Coppola, President, ADP Major Accounts Services, stated that the acquisition will further expand ADP's presence in the mid-market.
  • ADP Employer Services offers a range of HR, payroll, and benefit administration solutions, with over 540,000 companies relying on the division for unparalleled service and compliance expertise.

Statistics:

  • ADP has nearly $9 billion in revenues and serves over 570,000 clients worldwide (Source: About ADP).
  • Employease was a leading provider of Web-based solutions and outsourcing options for HR and benefits professionals (Source: M2 PressWIRE).
  • The ADP HR/Benefits Solution was introduced in October 2004 as a suite of Web-based, hosted payroll, HR, and benefits administration services for the mid-market (Source: M2 PressWIRE).
  • Over 540,000 companies rely on ADP Employer Services for HR, payroll, and benefit administration solutions (Source: About ADP).

Sources:

  • M2 PressWIRE - October 3, 2006
  • About ADP - http://www.ADP.com
  • Employease, Inc. (no date provided)