ADP acquires WorkForce Software, expands global HCM offerings
NEW JERSEY, UNITED STATES — Global human capital management (HCM) solutions provider ADP has announced its acquisition of WorkForce Software, a premier workforce management solutions provider.
While the financial terms of the deal were not disclosed, the strategic move is anticipated to expand ADP’s global offerings and drive innovation in workforce management solutions.
Expanding global workforce management capabilities
ADP, which serves over 1 million clients in more than 140 countries, will integrate WorkForce Software’s robust capabilities into its existing suite of services.
WorkForce Software, founded in 1999 and headquartered in Michigan, brings expertise in time and attendance, scheduling, forecasting, leave and absence management, and employee communications.
“As the needs of today’s global workforce continue to shift, employers need dynamic workforce management solutions that will help them maintain compliance and flexibility while engaging their employees,” said Maria Black, president and CEO of ADP.
“We are excited to welcome the WorkForce Software team to ADP and will leverage the deep expertise across both teams to further innovate and address the many unique and wide-ranging needs of our clients.”
Leveraging combined expertise of ADP and WorkForce Software
“For 25 years we have led the way in developing workforce management solutions that enable many of the world’s most innovative organizations to optimize their workforce, protect against compliance risks, and increase employee engagement,” said Jeff Moses, CEO of WorkForce Software.
“Now, with the extensive expertise, resources and global reach of ADP, this winning formula will help us deliver an employee experience for the future through powerful, enterprise-grade workforce management solutions.”
ADP, with annual revenues of $18 billion in fiscal year 2023, will leverage WorkForce Software’s solutions to address the diverse needs of its global client base.
WorkForce Software’s adaptable solutions can accommodate unique pay rules, labor regulations, and schedules for various types of employees, from desk-less and hourly workers to unionized, full-time, part-time, and seasonal staff.
By integrating WorkForce Software’s advanced capabilities into ADP’s platform, employers can now better manage complex scheduling needs, adapt to evolving regulations, and improve overall workforce productivity.
