ADP is a company engaged in the field of software providers and human resource management services. The previous ADP was one of four US companies rated AAA by Standard & Poor’s (S & P) and Moody’s. S & P and Moody’s downgraded ADP to AA in April 2014 after the dealer service was discontinued. In one thousand nine hundred and forty-nine, Henry Taub founded Automatic Payrolls, Inc. as a payroll clerk with his brother Joe Taub. Frank Lautenberg joined his brother in his childhood.
In 1952, Lautenberg became chairman and CEO of the company. In one thousand nine hundred and fifty seven, the company changed its name to Automatic Data Processing, Inc. (ADP) and began using punch card machines, check printing machines and mainframes. ADP went public in 1961 with 300 customers, one hundred twenty five employees and a turnover of approximately 400,000 US dollars. In 1965, the company established a UK office and in 1974 acquired the online pioneering computer services company Time Sharing Limited (TSL). Lautenberg continued to serve as Chairman and CEO until he was elected to the US Senate in 1982 by New Jersey.
ADP Business Solutions Center until 2013.
As of 1985, ADP’s annual revenue was over $ 1 billion, with salaries paid to approximately 20% of the US workforce. In the 1990s ADP began to act as a professional employer organization (PEO). At that time, the company acquired Autonom, a German payroll and human resources company based in Paris. In September one thousand nine hundred and ninety-eight, ADP acquired the UK Chessington Computer Center, which provides administrative services to the UK Government.
Kerridge Computer Co. Ltd., a dealer of dealer management systems (dealer DMS) acquired at car dealerships in the UK in 2006. In 2007, ADP brokerage service group played to Broadridge Financial Solutions, Inc. on February 27, 2017, Automatic Data Processing Inc. confirmed that it had closed its office in West Ann Arbor on March 30, 2017. At the time, ADP reported that it had approximately 56,000 employees worldwide, and that its revenue was $ 12 billion or $ 11.7 billion the year before. Also in early 2017, ADP described itself as “the largest provider of human resources in North America, Europe , Latin America and the Pacific “.
You can access the ADP portal at https://portal.adp.com/public/index.htm.ipay