ADP 2004 Annual Report Download - page 9

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7
Medium-sized employers (those with 50 to 999 employees) face enormous
challenges. Chief among them are how to manage the burden of increased regula-
tory compliance, control labor costs, enhance employee communication, improve
employee retention, and increase productivity by remaining current with advances
in technology. Rather than increase non-core staffing, many firms are now opting
to engage the expertise and assistance of outsourcing.
As wage growth and employment rates continued on a slow but steady
trend upward, ADP’s Major Accounts Services division was already in the
marketplace with comprehensive, flexible and efficient end-to-end solutions
featuring Web technology and employee self service. This year, 60,000 medium-
sized companies utilized ADP’s high-value solutions to fulfill critical business
applications encompassing HRIS, payroll and benefit administration.
In addition, ADP Benefit Services enhances the value of our client rela-
tionships in both our Major Accounts and National Account Services divisions,
with Health and Welfare, COBRA, Flexible Spending Accounts and other servic-
es that enable us to be a single-source provider to many employers. Sales of ADP’s
Web-based payroll service, Pay eXpert®, continued to grow at a robust rate. Our
eXpert ServicesSM suite, which includes Pay eXpert, enables users to access ADP
offerings, such as human resource management, benefit administration and
employee self-service solutions.
ADP also expanded the use of the TotalPay®Card, a new pay instrument
introduced last year. This VISA®-branded, stored value payroll card electronically
stores an employee’s net pay for each pay period, providing convenient access to
funds at ATMs and retailers. Employers benefit from more control and the
elimination of printing, distribution and reconciliation of paper payroll checks.
Why do so many of the 60,000 mid-sized
companies we serve find it valuable to
engage ADP for a broad range of HR,
payroll and benefit services?
Ask Martin Nock, President,
Communities in Schools of
Philadelphia, Inc.:
We chose ADP to
provide us with payroll,
HR and benefit
solutions because ADP
is a name brand. They’re
the leader in the market
and they offer the range
of flexible services that
our organization needs.”
“