New ADP SmartCompliance(SM) Platform Helps Organizations With Compliance And Business Intelligence

 New ADP SmartCompliance(SM) Platform Helps Organizations With Compliance And
                            Business Intelligence

-- New study reveals 81 percent of senior finance executives say monitoring
tax, employment and payment-related rule changes has become more
time-consuming over the past two years; 76 percent don't have access to
real-time, consolidated compliance data

-- New ADP SmartCompliance helps organizations streamline tax, employment and
payroll compliance activities by bringing together seven key compliance
capabilities under a single, unified platform

PR Newswire

ROSELAND, N.J., March 11, 2013

ROSELAND, N.J., March 11, 2013 /PRNewswire/ -- ADP®, a leading provider of
human capital management services, today announced the results of a new
research study conducted by CFO Research, in collaboration with ADP, that
shows 89 percent of senior finance executives rank compliance as a priority.
However, managing compliance is becoming increasingly difficult – 73 percent
expect the complexity of new regulations to make the task more
resource-intensive over the next two years.

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Today, ADP also announced a new approach to tax, employment and payroll
compliance. ADP SmartCompliance^SM ^ is a cloud-based unified platform of
outsourced services that helps medium and large companies better manage key
tax, employment and payroll compliance capabilities. This outsourced platform
of services can help save time and money by consolidating processes that are
disparate and largely manual, and by working with an organization's existing
enterprise resource planning (ERP), financial or human resources system of
record.

The CFO Research and ADP survey shows that despite increasing complexity,
nearly 60 percent of senior finance executives say their compliance budget
will remain stagnant or decrease in the next year. "According to our research,
those who manage finances for large companies are challenged to keep up with
the ever-changing landscape of regulatory and legislative rule changes," said
Josh Hyatt, Associate Director, CFO Research Services, a division of CFO
Publishing. "With budgets expected to stagnate for most, finance executives
will likely need to look for ways to boost efficiency."

Seven Key Capabilities Ease Compliance Management Burden
ADP SmartCompliance helps organizations to streamline employment-related
compliance activities by bringing together seven key compliance capabilities
under a single, unified platform. The platform provides enhanced accessibility
and visibility into compliance across the organization to assist with freeing
up time and resources, allowing them to focus on growth and ROI.

The unified ADP SmartCompliance ^ platform puts actionable data in the hands
of CFOs, financial managers and human resources executives through
comprehensive cross-service displays. These views provide a single, visual
snapshot to quickly and easily assess the status of multiple business areas,
including the seven capabilities offered through ADP SmartCompliance:

  oEmployment tax – The platform simplifies payroll tax compliance by keeping
    up with regulatory changes and compliance rules across the more than
    10,000 U.S. federal, state and local jurisdictions. Backed by ADP's team
    of tax, government relations and compliance specialists, ADP
    SmartCompliance manages nearly every aspect of tax filing and remittance
    to help minimize the risks associated with tax management.
  oTax credits –  By helping companies identify and claim all of the tax
    credits available to them, ADP SmartCompliance not only helps companies
    lower their effective tax rate, but reduces staff time spent searching and
    determining eligibility for potential tax credits.
  oWage payments –  ADP SmartCompliance offers flexible payment solutions
    that support 100 percent electronic pay – direct deposit, the ALINE Card
    by ADP® pay card, check options and a mobile access point for employees.
    These payment solutions help companies increase electronic pay adoption,
    reduce the complexity of pay distribution and cut costs – all while
    increasing employee satisfaction with wage distribution.
  oWage garnishments –  ADP SmartCompliance helps manage the wage garnishment
    process for employers who are required by law to process employee pay
    garnishments, enabling companies to balance the risk, compliance, cost and
    efficiencies of garnishments processing.
  oEmployment verification – With phone and online verification options, ADP
    SmartCompliance eases the burden of employment verification and enables
    clients to respond automatically to requests for income and employment
    verification. Outsourcing employment verification through the platform
    helps ensure safer disclosure processes and faster response times for
    employees.
  oUnemployment claims – ADP SmartCompliance helps companies manage one of
    the few controllable business taxes by providing the resources, experience
    and expertise to quickly and easily verify claims for unemployment pay,
    helping companies reduce time and costs associated with this
    time-consuming process.
  oW2 management – Automated W2 distribution and management gives employers
    and employees more efficiency in annual income reporting.

Business Intelligence and Data Analytics Provide New Compliance Insights

ADP SmartCompliance will continue to evolve to meet market needs and demand
for new capabilities, insights and information – such as business
intelligence, data analytics and new compliance services – and will continue
to supplement existing financial and human resources systems of record. With
the ability to gather, digest and act on real-time, holistic business data
opening new frontiers for finance executives, ADP SmartCompliance will help
companies gain access to the information and data needed to make more informed
business decisions.

"We heard from our clients that the flexibility to complement existing systems
was essential. One of the strongest components of this new platform is its
ability to work with virtually any ERP, and we've developed partnerships in
the industry to make that happen," said Doug Politi, President, ADP Added
Value Services. "Our clients have also told us that business intelligence and
data analytics are critical to streamlining day-to-day activities and
achieving a truly strategic view, so our focus on these areas will drive
future enhancements to ADP SmartCompliance."

For more information about ADP SmartCompliance, visit
http://www.adp.com/smartcompliance.

About ADP
ADP® (NASDAQ: ADP), with more than $10 billion in revenues and approximately
600,000 clients, is one of the world's largest providers of business
outsourcing and human capital management solutions. Leveraging over 60 years
of experience and a global footprint spanning more than 40 countries, ADP
offers a wide range ofhuman resource, payroll,talent management,
taxandbenefits administration solutionsfrom a single source, and helps
clients comply with regulatory and legislative changes, such as the U.S.
Affordable Care Act. ADP's easy-to-use solutions for employers provide
superior value to companies of all types and sizes. ADP is also a leading
provider of integrated computing solutions toauto, truck, motorcycle, marine,
recreational vehicle, and heavy equipment dealersthroughout the world. For
more information about ADP or to contact a local ADP sales office, reach us at
1.800.225.5237 or visit the company's Web site athttp://www.adp.com

For more information, contact:
ADP Public Relations
(973) 974-7612
public_relations@adp.com
Jessi Newman, Weber Shandwick for ADP
(952) 346-6026
jnewman@webershandwick.com

SOURCE ADP

Website: http://www.adp.com