ADP® announced on August 1st the acquisition of Celergo, a leading provider of global payroll management services. The acquisition enhanced ADP’s international payroll offerings with a strong platform and new solutions, including cross-currency payment and expatriate payroll-related services.
In this rapidly evolving global environment, ADP continues to capitalise on growth opportunities as the market shifts toward using more global Human Capital Management (HCM) solutions to hire, pay and manage their workforce all around the globe.
Don McGuire, president of Employer Services International at ADP, said, “ADP is already a leader in the fast-growing global Human Capital Management segment. The acquisition of Celergo will allow us to leverage a proven platform that will improve both our client and partner experience.”
Founded in 2003 and headquartered in Chicago, Celergo offers multi-country payroll and combines a proprietary cloud-based technology platform with a local provider network to enable timely, accurate and compliant payroll. With comprehensive solutions, Celergo has steadily grown its client base, geographic coverage and partner network. The multi-country payroll outsourcing market is over $3 billion today and is growing rapidly as companies are looking for greater visibility over their increasingly global workforce, while efficiently managing the compliance elements of multi-country payroll.
The Celergo offer is available now and provides the capability to manage and pay employees in more than 140 countries through a single source, and enable compliance with local and international laws and regulations through a cloud-based and workflow-driven platform. The solution allows HR managers simple access to a complete set of reports to have a full and accurate picture of all payroll and HR data to provide more strategic insights and guidance for the business.