ADP 2H23: A Streamlined Drive to Global Delivery at Scale

ADP 2H23: A Streamlined Drive to Global Delivery at Scale


This IDC Market Note reviews ADP 2H23. The second half of FY23 has been robust for ADP with the announcement of a key acquisition, the launch of a new venture fund, deeper key partnerships, and the hosting of the company's annual analyst day in New York City. Key highlights from across the second half of the year include, but are not limited to, ADP's acquisition of Sora, the launch of ADP's corporate venture capital fund, and the expansion and further digitization of new frontiers in global payroll automation.

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