ROSELAND, N.J., June 17, 2014 /PRNewswire/ -- ADP ® , a leading global provider of Human Capital Management (HCM) solutions, today announced that it has once again been named a Leader in IDC's HR BPO MarketScape report that assesses vendors' Business Process Outsourcing (BPO) capabilities. ADP also was named a Leader in IDC's two previous MarketScape reports.
The IDC HR BPO MarketScape report provides an assessment of how well HR BPO vendors are meeting client needs today, and how effectively they are expected to continue to meet those needs in the future.
IDC scored ADP highly on both fronts.
"ADP's position as a Leader in the MarketScape Vendor Assessment reflects its commitment to helping clients drive successful business transformations," said Lisa Rowan, Research Vice President, HR, Talent, and Learning Strategies at IDC. "ADP offers its clients extensive global reach, continued innovation and sustained affordability – and it's the largest provider of HR BPO services."In naming ADP as a Leader, IDC also cited a recent total-cost-of-ownership study for HR BPO conducted by Sourcing Analytics Inc. The study determined that outsourcing to ADP can reduce the overall costs of HR transactional processing, management, and time and attendance reporting by as much as 40 percent. The study also said that outsourcing to ADP in a BPO model can lower a client's cost of payroll administration and successfully drive change throughout the organization. Rowan also said that "ADP has strong internal talent practices where employee longevity is the norm and many promotions come from within." Mark Benjamin, President of ADP's Global Enterprise Solutions business, said he was pleased the company once again has been recognized by IDC for its commitment to delivering the HCM technology and service solutions clients need. "We believe IDC's recognition reflects our commitment to delivering best-in-class HCM solutions through innovations in people, process and technology," said Benjamin. "We're proud of the work we're doing to help clients around the world drive success throughout their organizations."