Everest Group MCPO report: ADP is a Leader & Star performer in 2017
Everest Group® has identified ADP as the highest-positioned “Leader” and a “Star Performer” in their 2017 Multi-Country Payroll Outsourcing (MCPO) PEAK Matrix™ report. For more details, you can download an excerpt from the Everest Group report.
The PEAK Matrix is designed to provide an objective, data-driven and comparative assessment of MCPO service providers based on factors including scale, scope, technology and innovation, delivery footprint and overall market success. As part of the report, the analyst firm classifies providers into “Leaders”, “Major Contenders” and “Aspirants” and according to Everest Group, buyers can use this framework to identify and evaluate different service providers. ADP’s additional “Star Performer” assessment is based on positive year-on-year movement on the PEAK Matrix.
Among ADP’s strengths, Everest Group noted that ADP offers wide country coverage serving 112 countries with products including ADP’s GlobalView® HCM and ADP Streamline®. It also highlighted ADP’s strong focus on analytics and consumerism offering employees and managers greater insights and a superior user experience.
Anil Vijayan, practice director at Everest Group said, “As the largest multi-country payroll outsourcing provider in the world, ADP’s solutions meet the needs of small and large enterprise businesses worldwide and it’s continuing to invest in expanding its geographic footprint. In addition, when it comes to technology and innovation, ADP is on the cutting edge with tools such as predictive analytics and benchmarking.”
Since Everest Group began its MCPO assessment four years ago, ADP has continually been recognised as a “Leader.” Ed Flynn, president of ADP’s Global Enterprise Solutions explained, “Multinational companies continue to be challenged when managing payroll for an increasingly global workforce, especially given the critical need to remain compliant with complex local tax and labor laws. We’re proud that our solutions help simplify global payroll so employers can focus on driving meaningful business results and building a better work force.”