ADP Supports Clients With Link to Oracle Applications.ROSELAND, N.J.--(BUSINESS WIRE)--May 29, 1998-- 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. Interface Allows Effortless, Simple Payroll Processing Integration with Oracle's Human Resource Applications Automatic Data Processing Same as data processing. , Inc. (ADP(R)) announced today that it has begun the final phase of development for a new service that provides full connectivity between Oracle's Human Resource (HR) Applications and ADP's payroll service and tax filing applications -- providing clients best-of-breed business solutions that minimize integration obstacles. ADP Connection(tm) for Oracle(R) will seamlessly connect Oracle's HR and GL applications to ADP PC/Payroll for Windows and ADP's AutoPay(R) payroll processing environment. "By teaming with Oracle, we can provide an integrated, full-service solution that will allow clients to focus their attention on their enterprise," said Bill Thomas, Payroll Product Manager of the National Accounts Division of ADP. "Together Oracle and ADP are minimizing the interoperability obstacles often associated with integrating applications, while maximizing the business benefit to the customer." In the past, Oracle customers had to create customized integration interfaces to access ADP's applications from their Oracle Enterprise Resource Planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) products. In addition, these customized interfaces required continual restructuring as customers updated their Oracle(R) software. "Our joint clients want us to handle all the technical issues of interfacing our two systems," said Joel Summers, Vice President of Oracle's Human Resource Applications. "By working together with ADP, we can understand the business rules governing each other's products to provide effortless, secure, flexible integration." How It Works ADP Connection for Oracle will receive data from Oracle's Human Resources Applications in specific, secured formats. The data will be presented to ADP PC/Payroll for Windows and transmitted to ADP's AutoPay product for payroll processing. Payroll processing results will automatically be generated and sent to Oracle's General Ledger General Ledger A company's accounting records. This formal ledger contains all the financial accounts and statements of a business. Notes: The ledger uses two columns: one records debits, the other has offsetting credits. Accounting System for posting at the client's site. "With ADP Connection, Oracle's customers can effortlessly outsource their payroll tax Payroll Tax Tax an employer withholds and/or pays on behalf of their employees based on the wage or salary of the employee. In most countries, including the U.S., both state and federal authorities collect some form of payroll tax. filing and electronic funds transfer See EFT. (application, communications) electronic funds transfer - (EFT, EFTS, - system) Transfer of money initiated through electronic terminal, automated teller machine, computer, telephone, or magnetic tape. for direct deposits," said Thomas. "In addition to providing new ADP-developed software, we will offer full installation, implementation, and ongoing support service. In the future, customers using Oracle Payroll will be able to effortlessly link to ADP's Print Services for Payroll Check Printing, W-2 year-end runs, and AutoTax(SM) for payroll tax filing." Future-Proofing ADP Connection is designed to provide seamless connection with future versions of Oracle and ADP products. As an active member of the Oracle Cooperative Application Initiative (CAI (1) (Computer-Assisted Instruction) Same as CBT. (2) See CA. CAI - Computer-Aided Instruction ) Program, ADP can maintain ADP Connection to function with future versions of Oracle and ADP products. Availability ADP plans to introduce ADP Connection for Oracle to early adopters by midsummer and general release shortly thereafter. 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 (HRISs). It offers a comprehensive range of benefits, payroll and business tax deposit and reporting, time and attendance, 401(k) recordkeeping 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. Trademarks ADP is a registered trademark of ADP of North America, Inc. ADP Connection is a trademark, AutoPay is a registered trademark and AutoTax is a service mark of Automatic Data Processing, Inc. Oracle is a registered trademark of Oracle Corp. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners. For more information about Oracle, please call 650-506-7000. Oracle's World Wide Web address is http://www.oracle.com. CONTACT: Ogilvy Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Worldwide, New York Michael Klein, 212/880-5332 michael.klein@ny.ogilvypr.com or Automatic Data Processing, Inc., Roseland Linda Strauss, 973/994-5963 linda_strauss@es.adp.com |
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