ADP and Salomon Smith Barney to Create One-Stop Shopping for Small Businesses; Leading Payroll Provider, Investment Giant Offer Integrated Services.ROSELAND, N.J.--(BUSINESS WIRE)--Aug. 5, 1999-- 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 outsourced payroll, 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. , and benefits services, today announced that it has extended its line of comprehensive services by creating an integrated offering between its Employer Services' Emerging Business Services division and Salomon Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. , a member of Citigroup. Under the terms of the agreement, each company will refer the other's services to clients while offering seamless service integration and special incentives. ADP will offer clients of Salomon Smith Barney's Business Financial Management Account SM (Business FMA FMA Full Metal Alchemist (gaming) FMA Federal Marriage Amendment FMA Financial Market Authority (Austrian: Österreichische Finanzmarktaufsicht) FMA Financial Management Association (R)) savings on ADP payroll and other services. Salomon Smith Barney's Business FMA service provides business owners with cash management, investing and lending services for their businesses. Business FMA clients can directly access their ADP payroll account, enabling them to transfer funds easily, while providing them greater control over their finances. ADP's leadership in administrative services provides business owners with outsourcing expertise that allows them to focus on running their businesses, rather than completing administrative tasks. "By combining ADP's diverse range of payroll, benefits, and HR services with Salomon Smith Barney's full-service investment options, we feel that we can offer an unprecedented one-stop package to help small business owners continue to grow their business," said Bud Angelus, President of ADP's Emerging Business Services Division. "Small business owners can simplify the complexity of juggling multiple accounts by routing their payroll directly through the Business FMA resource." "Small business owners are constantly seeking to streamline their business activities and we recognize the importance of economizing on the resources they need to deliver against administrative tasks," said Marilyn J. Hensle, Senior Vice President, Director of Marketing and Advertising at Salomon Smith Barney. "The relationship with ADP provides us with a highly-regarded and well-known partner to provide a broader range of solutions to our clients." Small businesses can learn about this new partnership offering by contacting one of the over 10,000 Salomon Smith Barney Financial Consultants at 1-800-EARNSIT x 1238 or by visiting their Web site at www.smithbarney.com for more information. About ADP ADP is one of the largest independent computing services firms in the world with more than $5 billion in annual revenues and over 425,000 clients. ADP provides computerized transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. , data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. , software, and information services See Information Systems. to companies in virtually every industry. ADP Employer Services is the world's largest provider of payroll services and human resource administration systems. It offers a comprehensive range of benefits, payroll and business tax deposit and reporting, time and labor management, unemployment compensation management, and retirement plan services. In addition, ADP provides securities transaction processing and investor communications services to the brokerage and financial communities; industry-specific computing and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to auto and truck dealers; and computerized, automated auto-repair estimating and auto parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
About Salomon Smith Barney Salomon Smith Barney is a global, full service investment banking and securities brokerage firm. The firm's 10,900 Financial Consultants, located in approximately 460 offices across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , service over 6.2 million client accounts, representing over $816 billion in client assets. Salomon Smith Barney is a subsidiary of Citigroup, the most global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company, which provides some 100 million consumers, corporations, governments and institutions in 100 countries with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage and asset management. The 1998 merger of Citicorp and Travelers Group brought together such brand names as Citibank, Travelers, Salomon Smith Barney, Commercial Credit and Primerica under Citigroup's trademark red umbrella. Additional information can be found at: www.citi.com. |
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