ROSELAND, NJ -- (Marketwired) -- 02/09/16 -- ADP® today announced that Everest Group® has named it a Leader and Star Performer in its 2015 Everest Group PEAK Matrix for Multi-Process Human Resources Outsourcing Providers (MPHRO). This was the second year in a row the company was named a Leader. Everest Group said ADP's notable performance in the "deliver capability" category earned it the Star Performer designation.
The report, published in late 2015, cites a market-leading number of new deals, expanded service delivery with new Centers of Excellence, the ADP® Mobile Solutions application, and ADP® DataCloud as among the company's market strengths.
"ADP continues to excel with the global solutions it provides to the multi-process human resources outsourcing market," said Arkadev Basak, practice director at Everest Group. "In addition to expanding its capabilities in Europe and the Asia-Pacific region, ADP has bolstered its mobility capabilities with the ADP Mobile App and has set a benchmark in HR analytics with ADP DataCloud. Other initiatives, such as the launch of ADP's GlobalView® HCM, the launch of ADP Marketplace, and the company's comprehensive approach to ACA compliance illustrate its continued commitment to providing an enriched scope of solutions to its global clients."
In the report, ADP reference clients also highlighted the company's payroll expertise, innovation, and project management skills as differentiators.
Everest Group's assessment classifies service providers into three categories -- Leaders, Major Contenders and Aspirants. The PEAK Matrix -- Performance, Experience, Ability and Knowledge -- is a framework that provides an objective, data-driven and comparative assessment of MPHRO providers based on their market success and delivery capability. Market success is measured through revenue (annual and year-over-year growth), number of active clients, and the number of new deals signed. Delivery capability is assessed based on scale, scope, technology solutions and innovation, deliver footprint, and buyer satisfaction. Everest Group also designates eligible service providers with Star Performers status, based on relative year-on-year movement on the Everest Group PEAK Matrix.
"We're delighted that Everest Group recognizes the value we're delivering to clients who count on ADP's continued focus on and commitment to helping them with HRO challenges," said Mark Benjamin, president of ADP's Global Enterprise Solutions business. "We're proud of the progress we're making as we expand into new geographies, innovate on our solutions and provide a robust set of options to global clients seeking flexible, cost-effective ways to manage their workforces."
Everest Group has prepared an excerpt report based on its findings.
Among ADP's attributes cited by Everest Group are:
ADP's HR Business Process Outsourcing solutions provide businesses with a strategic HR layer that combines people, processes, technology and enable enterprises to better predict, measure and accelerate Human Capital Management investments and results.
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