Everest Group Recognizes ADP for its Geographic Scope, Scalability and Global Expertise of its Payroll Solutions
“ADP emerged as a Leader in the MCPO PEAK Matrix with top quartile positioning, both in terms of market success and delivery capability,” said Rajesh Ranjan, Everest Group partner. “The success of ADP’s proprietary MCPO solution, ADP Streamline®, combined with its mobile app, ADP Mobile, are key differentiators. The company’s scalability enables it to service both mid-market, as well as very large customers. ADP is one of the few MCPO providers with a truly ‘global’ sourcing model with the right balance between onshore and offshore full-time employees, enabling it to deliver multi-country payroll services in an efficient and cost-effective manner,” Ranjan said.
In its report, Everest Group classifies service providers into three categories – Leaders, Major Contenders and Emerging Players. The PEAK Matrix is a framework that assesses the market success and overall delivery capability of MCPO service providers. Everest Group’s MCPO Research is derived from a proprietary database that tracks attributes, such as clients, recent wins, overall MCPO revenue, MCPO service suite, technology offerings, country coverage and partnerships.
“We’re proud to be recognized by Everest Group as a leading service provider of global payroll solutions,” said Mark Benjamin, president of ADP’s Global Enterprise Solutions business. “ADP has been solving and innovating on payroll and other human capital management issues for more than 65 years. Everest Group’s recognition of our cloud-based and mobile platforms is a tribute to the success we’re having as we build solutions for different-sized organizations around the world.”