ADP Releases Cloud-based System for Human Capital Management

 

October 3, 2011 (PLANSPONSOR.com) – ADP introduced ADP Vantage HCM, an employee lifecycle solution for large organizations. 

 

ADP Vantage HCM is the culmination of an 18-month research and development effort by ADP to create a unified, fully-integrated platform combining the pillars of human capital management: HR, payroll, benefits, talent management, and time and attendance.

“ADP Vantage HCM is the realization of years of working with and listening to our clients,” said Regina Lee, President, ADP National Account Services, Major Account Services, GlobalView and ADP Canada. “With ADP Vantage HCM, we can now help large organizations realize the benefits of a single, unified approach to managing multiple HR functions. We believe that this approach can help clients achieve new efficiencies and reach business objectives that go beyond traditional enterprise resource planning projects.”

The company reports that the system can help large organizations with the following:

•  Reduce total cost of ownership through a blend of cloud-based technologies and outsourced administrative services
•  Improve employee satisfaction and retention through easy access to employee data and self-service capabilities
•  Utilize robust workforce analytics to help drive business success
•  Elevate HR to a more strategic role in the organization, through automating key HCM processes and shifting other processing to ADP
•  Remove technology-based restrictions to company growth
•  Improve their ability to meet regulatory compliance requirements and mitigate risk
•  Leverage mobile technology to drive engagement across the employee population

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