ADP acquires Sora, bolsters HR automation capabilities
NEW JERSEY, UNITED STATES — Leading global human capital management (HCM) technology firm ADP has fortified its commitment to simplifying intricate HR processes by acquiring Sora.
Sora, renowned for its low-code intelligent workflow automation and data integration capabilities, harmonizes varied business tools such as HR and IT systems.
This acquisition aims to enhance the user experience for employees, HR professionals, and business owners.
ADP’s acquisition of Sora underpins a strategy of automation, merging the acquired firm’s user-friendly platform with ADP’s exhaustive HCM solutions. The collaboration is anticipated to curtail manual interventions, subsequently offering clients strategic insights to propel business results and cultivate enriching employee experiences.
Sreeni Kutam, President of Global Product and Innovation at ADP, expressed his enthusiasm over the merger, envisioning it as a stride towards embracing avant-garde technological solutions.
“The incorporation of Sora’s innovative workflow configurations and data integration capabilities into our offerings will enable ADP clients to remove friction in people processes and unlock new levels of productivity,” Kutam added.
Apart from the innovative technology, ADP warmly ushers in the adept Sora team, which will now be integral to ADP’s DataCloud division.
With its NASDAQ listing (ADP), the company remains a luminary in HR, Payroll, Talent, Time Management, and Benefits, underpinned by data-driven strategies and tailored for people.
ADP’s acquisition of Sora comes as the company secures a top position in the Everest Group BPS Top 50, ranking the world’s largest third-party Business Process Services (BPS) providers based on revenues and year-on-year growth. The firm made $16.5 billion in revenue in 2022.
