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ADP vs Paychex
July 27, 2023 | Author: Adam Levine
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Fast, easy, and designed specifically for small businesses. From payroll and tax filing to HR, time tracking, and more, ADP helps Small Business succeed. Running a small business is 24/7 job. That’s why we make it easier with simple, reliable small business payroll and expert HR management services to help you make better, more informed decisions about your business.
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Paychex is a provider of human resource, payroll, and benefits outsourcing services for small- to medium-sized businesses.
ADP (Automatic Data Processing) and Paychex are two prominent payroll and human resources (HR) outsourcing companies, each offering a range of services to support businesses in managing their workforce effectively. ADP is known for its comprehensive suite of solutions, including payroll processing, benefits administration, time and attendance tracking, and HR management, catering to businesses of various sizes. With a vast client base and extensive experience, ADP provides scalable and customizable services to meet specific organizational needs. On the other hand, Paychex focuses on delivering tailored payroll and HR solutions for small to medium-sized businesses, emphasizing personalized service and flexibility. Paychex offers services such as payroll processing, HR administration, retirement plan management, and compliance assistance, aimed at simplifying HR operations and regulatory compliance.
See also: Top 10 Talent Management Systems
See also: Top 10 Talent Management Systems
ADP vs Paychex in our news:
2018. ADP acquired workforce management service WorkMarket
Payroll provider ADP has acquired WorkMarket, a startup specializing in workforce management software designed for a diverse range of employees and contractors. The software aims to provide a unified interface for efficiently managing an extended workforce, encompassing various workers with different employment statuses, such as contractors, freelancers, and full-time employees. WorkMarket offers comprehensive features including payment systems, extended employee network management, and a marketplace for assembling a workforce that complements a company's operations beyond the scope of traditional full-time employees. This acquisition empowers ADP to offer enterprises an expanded suite of workforce products, strengthening its position as a leading provider of payroll solutions.
2015. Payroll giant ADP cut off Zenefits small business clients
Corporate payroll company ADP has implemented a restriction that prevents small business clients who use the ADP RUN payroll system from sharing data with Zenefits. This decision was made due to concerns about Zenefits' data security practices, as they were found to be extracting sensitive information, including unmasked Social Security numbers and employee banking details, in a manner that does not align with ADP's data security standards. Zenefits expressed their dissatisfaction with ADP's actions, highlighting that this change was sudden and unexpected for their clients. Zenefits offers human resources (HR) services to small and medium businesses and collaborates with various third-party partners, such as ADP, to facilitate tasks like payroll processing and insurance provision.
