As small business owners grapple with challenging and evolving regulatory compliance and health care reform requirements, ADP®, a leading provider of human resources outsourcing, payroll services, benefits administration and integrated computing solutions for vehicle dealers, today announced the expansion of its TotalSourcesm business solution in the Dallas area. ADP’s TotalSource simplifies human resources management for businesses with an integrated service offering that incorporates payroll, benefits administration, risk management, tax and compliance functions.
ADP TotalSource helps mitigate risk for small- to mid-sized businesses by serving as a Professional Employer Organization (PEO). PEOs provide integrated services through a co-employment model where the client company continues to direct employees’ day-to-day, job-related duties, while the PEO contractually assumes certain HR-related rights, responsibilities and risks as the “employer of record” on an employee’s W-2.
“Small business owners can become easily overwhelmed as they struggle to conform with the complexities of compliance and human resource management—especially recognizing that 45 percent of employers undergo some form of state or federal audit at least once a year,” said Dave Imbrogno, ADP TotalSource’s senior vice president of service and operations. “Ideally, owners that focus on servicing clients, developing employees and growing their business are best equipped to keep ahead of the competition, especially in this challenging economy. Engaging a PEO is an attractive and compelling solution that allows business owners to minimize risk while maintaining a competitive edge,” Imbrogno added.
Citing the findings of research just published by ADP TotalSource and conducted by the ADP Research Institute, a specialized group within ADP, entitled Relieving the Pressure: The PEO Approach to Navigating Compliance and Gaining a Competitive Advantage, Imbrogno said,“Our new research shows that more than half of today’s companies surveyed lack confidence in their ability to keep pace with complex, ever-changing HR regulations. The majority of companies surveyed believe the HR compliance burden will only grow more difficult with time. Recognizing that more than 97 percent of businesses in Dallas are small firms, we are confident ADP TotalSource will bring relevant and timely solutions to area businesses,” he adds.
“Service is a key differentiator for many companies, but ADP TotalSource takes service to a different level,” said Diane Stephens, Vice President/Bank Administration of Dallas-area SharePlus Federal Bank. “Our HR business partner – and TotalSource in general – does an incredible job of not only meeting our needs, but anticipating what our needs will be. In the three years that we have partnered with TotalSource, we have felt better prepared for the ups and downs of the economy because we feel confident and secure in the support that we receive,” she added.
Download a complimentary copy of the ADP TotalSource white paper, Relieving the Pressure: The PEO Approach to Navigating Compliance and Gaining a Competitive Advantage. Additionally, ADP recently hosted a webinar to provide practical information on how businesses can plan and prepare for new regulations that are either in place, or being considered by federal agencies. The free webcast is available for download here.
Today, ADP TotalSource is the largest PEO in the US with 8,600 clients and 242,000 worksite employees in all 50 states. Businesses taking advantage of the service are assigned an experienced ADP TotalSource Human Resource Business Partner who leads a team of experts drawn from the following areas: HR administration, benefits, payroll, risk management and safety and regulatory compliance.
For more information about ADP TotalSource, please call 1-800-HIRE-ADP or visit adptotalsource.com.
Automatic Data Processing, Inc. ADP.com), with about $10 billion in revenues and approximately 570,000 clients, is one of the world's largest providers of business outsourcing solutions. Leveraging over 60 years of experience, ADP offers a wide range of human resource, payroll, tax and benefits administration solutions from a single source. ADP's easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment dealers throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1.800.225.5237 or visit the company's Website.