Automatic Data Processing Inc. (ADP)USD

Automatic Data Processing, Inc. is a U.S.-based multinational company that provides cloud-based human capital management, payroll, tax, benefits administration, and professional employer organization services. Henry Taub founded it in 1949 in Paterson, New Jersey as Automatic Payrolls, Inc. The company trades on the Nasdaq stock exchange under the ticker ADP and is a component of both the Nasdaq-100 and S&P 500 indices. Its two main business segments are Employer Services and Professional Employer Organization Services. Key products and platforms include RUN Powered by ADP for small businesses, ADP Workforce Now for mid-sized and large businesses, ADP Lyric HCM for enterprise clients, and ADP TotalSource, its PEO and HR outsourcing offering. ADP is headquartered in Roseland, New Jersey and employs roughly 67,000 people worldwide. It is one of the largest providers of business outsourcing and human capital management services in the world.