Dive Brief:
- Workday and ADP, competitors in many ways, are cozying up when it comes to their HR technology platforms, reports Fortune.
- According to Fortune, the move is expected to give multinational employers an easier time in standardizing their payroll processes across more than 100 countries while dodging the pitfalls generated by the patchwork of local laws within both country and regional locations.
- More specifically, Clancy reports, the new enhanced partnership will help Workday customers better manage ADP payroll information from within Workday’s HR suite, which to put it simply, keeps employee records and allows emloyers to take advantage of their HR data. On the flip side, employers who use ADP's payroll technology "access and manage relevant data" within Workday.
Dive Insight:
ADP CEO and President Carlos Rodriguez said in a statement that ADP’s increased collaboration with Workday "tightly aligns market leaders to deliver a seamless global payroll experience."
It is an interesting pairing, Fortune reports, because for one thing, when Workday entered the U.S. payroll market in 2008, it became a competitor to ADP -- the 800-pound gorilla of the payroll space.
The new integrated payroll system will launch in second half of 2016, the timeframe for the Workday's next major iteration, Fortune says. Stuart Sackman, corporate vice president of global product and technology for ADP, told Clancy that ADP has invested heavily in technology during 2015 to ensure its services work smoothly with other HR platforms, much as it is doing with Workday.
Bottom line, Workday is motivated to strengthen its ADP partnership because "at least half of its multinational customers use ADP for global payroll services," Barbry McGann, a vice president of product strategy for Workday’s payroll services team, told Fortune. Workday has more than 1,000 business customers overall, although it doesn’t disclose how many of them are multinational, Clancy writes.
