Automatic Data Processing Inc. $(ADP)$ recently released an investor presentation highlighting its extensive operations in the human capital management $(HCM)$ sector. The presentation details ADP's significant reach, with over 42 million employees paid across more than 140 countries and territories. It emphasizes that over 80% of Fortune 500 companies are clients of ADP, illustrating its prominent position in the market. In fiscal year 2024, ADP processed 78 million employee tax statements and moved significant client funds within the United States. The company supports a diverse range of client needs, including HR, payroll, time management, benefits, and more, catering to small businesses, mid-market, and up-market enterprises. ADP employs 64,000 associates and has over 14 million monthly app users. You can access the full presentation through the link below.
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