ADP


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ADP

Biochem adenosine diphosphate; a nucleotide derived from ATP with the liberation of energy that is then used in the performance of muscular work

ADP

(biochemistry)

ADP

(1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing.

(2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp.com) An international computer services company that specializes in payroll processing. From a modest start in 1949 by founding brothers Henry and Joe Taub, ADP evolved from payroll assistance to modern day outsourcing of record keeping, benefit administration, retirement account services, human resources, and screening and selection services. The company's first salesman, credited with a huge role in the success of the business, was Frank Lautenberg, who rose through the ranks to be its president and left decades later to enter politics as a prominent senator from New Jersey.
References in periodicals archive ?
The ADP and ACP tests are run at the end of the plan year.
For information on ADP Taxware products, please call 877-TAXWARE (829-9273).
Kathryn Amooi, an ADP veteran of more than 23 years, is the new Managing Director and Chief Representative of ADP China LLC Shanghai Representative Office and will be responsible for all ADP business activity in China reporting to Stoeckert.
Accounting professionals who are interested in leveraging ADP's CCH offerings should contact their local ADP representative.
The ease of our partnership with ADP has made it seem like a decade-long union.
We're excited to be teaming up with a top-line 401(k) provider like ADP to extend this solution to their diverse client base.
A large majority of plan administrators reported that, as a result of ADP payroll and retirement planning integration, their productivity, stress, job satisfaction and job performance has improved.
Average ongoing payroll processing and system maintenance costs for ADP clients using an automated ADP TLM system are 40-46 percent less than for ADP clients that do not use an automated TLM system
ADP Retirement Services is aware of the importance of providing employees with an easy and efficient way to save for retirement, while simplifying the administrative process for the employer," says Kendall Kay, Vice President, Marketing, Strategic Planning & Business Development, ADP Retirement Services.