This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ADP Human Capital Management Solutions Enhance HSM Reporting And Efficiency

ROSELAND, N.J., Aug. 28, 2013 /PRNewswire/ --  ADP ®, a leading global provider of Human Capital Management (HCM) solutions, today announced that HSM, the new name of Hickory Springs -- a global manufacturer of integrated solutions and components for transportation, furniture, bedding, and other diversified markets -- has completed the implementation of nine ADP Human Capital Management and tax solutions to help increase companywide efficiencies, compliance and employee satisfaction.

Originally founded in 1944 as Hickory Springs Manufacturing and based in Hickory, N.C., HSM is a privately-held diversified manufacturer with 2,500 employees in more than 50 manufacturing plants in 17 states in the United States and China.

ADP is providing HSM with a comprehensive, integrated solution designed to further enhance the company's payroll, HR and benefits systems, and empower HSM employees to make more informed healthcare and retirement decisions. These solutions include payroll, health and welfare benefits, time and labor management, and tax and credit services.

"As a large, global company with numerous business lines, we wanted to improve how we manage business reporting, analytics, time management recordkeeping, paper statements and benefits communication," said Joanna Viola, director of reporting and compliance and assistant treasurer, HSM.  "We looked to ADP to help guide the introduction of automation and boost responsive and timely customer service. In the end, ADP fit the bill as an outsourcing partner that could grow with us as a company by providing highly integrated systems to enhance the efficiencies and productivity of our overall HR function."

ADP's tools and technologies are being implemented to help enhance HSM's ability to extract and analyze data throughout its enterprise. Employees now have improved flexibility to view their HR and benefits information through the new employer self-service benefit offering, while HSM has improved access to employee data and wellness program tracking. HSM already has benefited from the ability of ADP's HCM technology to identify gaps in care within its diabetes health risk program and award premium savings to employees who have completed a health-risk assessment.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs