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Automatic Data Processing (LTS:0HJI) Payments to Suppliers for Goods and Services


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What is Automatic Data Processing Payments to Suppliers for Goods and Services?

Payments to Suppliers for Goods and Services only applicable to companies reporting Cash Flow from Operations in direct method.


Automatic Data Processing Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Automatic Data Processing Inc (LTS:0HJI) » Definitions » Payments to Suppliers for Goods and Services
Address
One ADP Boulevard, Roseland, NJ, USA, 07068
Automatic Data Processing is a global technology company providing cloud-based human capital management solutions enabling clients to better implement payroll, talent, time, tax, and benefits administration. Additionally, ADP provides human resource outsourcing solutions that allow customers to offload some of their traditional HR tasks. The company operates through two segments: employer services and the professional employer organization services. Employer services consists of the company's HCM products as well as a la carte HRO solutions. PEO services contains ADP's comprehensive HRO solution where it acts as a co-employer with its customer. As of fiscal 2024, ADP serves over 1.1 million clients and pays over 42 million workers across 140 countries.