ADP Expands European Payroll Business in Strategic Alliance with PeopleSoft.ROSELAND, N.J.--(BUSINESS WIRE)--Sept. 12, 1997-- Two Industry Leaders Agree to Provide Extensive, Pan-European Enterprise Solutions Automatic Data Processing Same as data processing. Inc. (ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. (R)) the world's leading provider of integrated human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , benefits and payroll services, and PeopleSoft Inc., a leading enterprise application software provider, today announced the details of a pan-European, joint development and marketing alliance to deliver payroll and human resource solutions. "The European market represents an enormous business opportunity for ADP and PeopleSoft," said Gary Butler, president, ADP Employer Services. "This alliance underscores our commitment to providing our clients with industry-leading solutions to meet their complex, multi-country, enterprise needs. It also capitalizes on ADP's expertise in global payroll and worldwide systems implementation." ADP and PeopleSoft will jointly develop localized, country-specific payroll solutions which will operate on a common application platform. This pan-European solution will be the first of its kind. "ADP is unique as the only pan-European payroll service provider," said Phillipe Gluntz, president, ADP ES Europe. "This agreement expands our ability to support the needs of this large and dynamic European market. ADP brings extensive expertise in European payroll processes. We currently provide payroll solutions for 9 million European workers, and have a significant presence in Europe. In fact, we have 3,000 ADP associates dedicated to payroll solutions in Europe." The ADP-PeopleSoft alliance will enable rapid deployment of a new generation of European Monetary Union European Monetary Union An agreement by participating European Union member countries that includes protocols for the pooling of currency reserves and the introduction of a common currency. (EMU) payroll solutions that can operate in multiple languages and currencies, while simultaneously conforming to local regulatory and statutory requirements. The jointly developed payroll product will be marketed by ADP, and by PeopleSoft, in Europe. ADP will continue to develop, market and support its products and services for other markets and current clients. In conjunction with the development initiative, The Application Group, a wholly-owned subsidiary of ADP, will expand its role as a strategic implementation partner for both ADP and PeopleSoft in Europe. As part of this effort, The Application Group will now work with companies to deploy and operate the payroll modules co-developed by ADP and PeopleSoft once they are released. "The Application Group is already a leader in implementing PeopleSoft's global HR modules," said Tim Lamb Timothy Michael Lamb (born Hartford, Cheshire, March 24 1953) was an English County Cricketer and Cricket Administrator, the first Chief Executive of the England and Wales Cricket Board (1996-2004). , president, ADP National Accounts Division. "Now, they are the logical choice to provide implementation of pan-European payroll solutions." About ADP ADP (NYSE NYSE See: New York Stock Exchange : AUD AUD In currencies, this is the abbreviation for the Australian Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ), with more than $4 billion in annual revenues and more than 400,000 clients, is one of the largest independent computing services firms in the world. Founded in 1949, ADP provides computerized transaction processing, data communications, software, and information services See Information Systems. in virtually every industry. ADP Employer Services is the world's largest provider of payroll services and human resource information systems (HRIS HRIS Human Resource Information System HRIS High-Resolution Imaging Spectrometer HRIS Highway Research Information Service HRIS High Resolution Infrared Sounder ). It offers a comprehensive range of benefits, payroll and business tax deposit and reporting, time and attendance, 401(k) record keeping and unemployment compensation management services. In addition, ADP provides market data, securities transaction processing and investor communications services to the brokerage and financial communities, industry-specific computing and consulting services to auto and truck dealers and computerized automated auto repair estimating and auto parts availability services to the auto repair industry. CONTACT: ADP, Roseland Linda Strauss, 973/994-5963 linda_strauss@es.adp.com or Ogilvy Adams & Rinehart, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Mike Klein, 212/880-5332 michael.klein@oar-ny.com |
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