ADP full form is Automatic Data Processing, Inc. It is an American organization which provides software and services for human resource management. Until the year 2014, ADP full form is Automatic Data Processing, Inc. was 1 of the 4 American companies in the S&P 500 to have a rating of AAA credit from both Standard & Poor’s (S&P) as well as Moody’s.
ADP was found in year 1949 almost 70 years ago, in Paterson, New Jersey. It’s founder was Herry Taub. It’s headquarter is located in Roseland, New Jersey, United States. Different services provided by ADP are Human resource management, payroll, taxes as well as benefits administration solutions from a single platform.
History of ADP:
Straight to the point Lautenberg participated in the organization’s earliest stages. In 1957, Lautenberg, after effectively serving in deals and promoting, turned into an undeniable join forces with the two siblings. In 1961, the organization changed its name to ADP full form is Automatic Data Processing, Inc., and started utilizing punched card machines, check printing machines, and centralized server PCs. ADP opened up to the world in 1961 about 300 customers, 125 representatives, and incomes of roughly US$400,000. The organization built up a backup in the United Kingdom in 1965. In 1970, Lautenberg was noted similar to the leader of the organization. Additionally in 1970, the organization’s stock progressed from exchanging on American Stock Exchange to exchanging on the New York Stock Exchange. It gained the spearheading on the web PC administrations organization Time Sharing Limited (TSL) in 1974 and Cyphernetics in 1975. Lautenberg proceeded in his jobs as Chairman and CEO until chose to the United States Senate from New Jersey in 1982.
ADP full form is Automatic Data Processing Inc., according to 2018 had a revenue of US$ 13.3 Billion. The total assets of the company are evaluated at US$ 37.09 billion.