Automatic Data Processing (ADP) is the world's largest provider of human capital management (HCM) services, paying approximately one in six U.S. private-sector workers. Its Employer Services segment provides cloud-based payroll, tax filing, benefits administration, talent management, and HR analytics to over one million clients from small businesses (RUN platform) to global enterprises, increasingly unified on its next-generation Lyric platform with embedded AI assistants. The PEO segment, ADP TotalSource, is the largest professional employer organization in the U.S., providing co-employment HR outsourcing to small and mid-sized companies. ADP earns additional interest income on the client payroll funds it holds between collection and disbursement. Founded in 1949 by Henry Taub and headquartered in Roseland, New Jersey, ADP has raised its dividend for 50 consecutive years.

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Automatic Data Processing Inc