Automatic Data Processing, Inc. (NASDAQ:ADP) JP Morgan Ultimate Services Conference Call November 17, 2022 8:40 AM ET Company Participants Danyal Hussain - Vice President of Investor Relations Conference Call Participants Tien-Tsin Huang - JPMorgan Tien-Tsin Huang Thanks, everyone for joining. This is Tien-Tsin Huang. I am the payments IT services analyst here at JPMC. So, kicking it off with a lot of fireside chats here at the services conference and super happy to have Danyal Hussain, VP Investor Relation ...

Automatic Data Processing, Inc. (NASDAQ:ADP) Q1 2023 Earnings Conference Call October 26, 2022 8:30 AM ET Company Participants Danyal Hussain - Vice President, Investor Relations Carlos Rodriguez - Chief Executive Officer Maria Black - President Don McGuire - Chief Financial Officer Conference Call Participants Peter Christiansen - Citigroup Inc. Tien-Tsin Huang - JPMorgan Kevin McVeigh - Credit Suisse Kartik Mehta - Northcoast Research Jason Kupferberg - Bank of America Bryan Bergin - Cowen and Company S ...

Automatic Data Processing Inc. (NASDAQ:ADP) Q4 2022 Earnings Conference Call July 27, 2022 9:00 AM ET Company Participants Carlos Rodriguez - Chief Executive Officer Maria Black - President Don McGuire - Chief Financial Officer Danyal Hussain - Vice President, Investor Relations Conference Call Participants Bryan Bergin - Cowen Kevin McVeigh - Credit Suisse Bryan Keane - Deutsche Bank Tien-tsing Huang - JP Morgan Dan Dolev - Mizuho Mark Marcon - Baird Ramsey El-Assal - Barclays David Togut - Evercore ISI S ...

Summary of Automatic Data Processing, Inc. (ADP) Conference Call Company Overview - **Company**: Automatic Data Processing, Inc. (NASDAQ: ADP) - **Event**: J.P. Morgan's 50th Annual Global Technology, Media and Communications Conference - **Date**: May 23, 2022 Key Industry Insights - **Employment Growth**: ADP reported a 7% growth in pays per control, indicating a solid economic footing [4] - **Inflation Impact**: Inflation is prompting the Federal Reserve to take action, which may slow down the economy. However, rising interest rates could benefit ADP's fluid income [5][6] - **Labor Market**: Low unemployment rates and wage inflation are creating demand for ADP's services, despite cost pressures on the company [6] Core Business Performance - **Bookings and Retention**: Strong client retention and double-digit bookings growth were highlighted as key strengths. Retention rates have improved significantly, particularly in the mid-market and international segments [8][10] - **Client Migration**: Successful migrations to newer platforms have contributed to improved retention and bookings [15][16] - **PEO Business**: The Professional Employer Organization (PEO) segment has shown consistent growth, benefiting from the existing ADP client base [47][49] Financial Metrics - **Client Funds Interest**: ADP experienced a significant headwind from client funds interest due to low interest rates, but rising rates are expected to provide a positive impact moving forward [24][25] - **Revenue Growth**: The company aims to maintain double-digit growth in the PEO segment, although some moderation is anticipated due to macroeconomic factors [48][49] Competitive Landscape - **SaaS vs. Traditional Services**: ADP differentiates itself by combining software with a strong service component, which enhances client retention and satisfaction [30][32] - **Market Position**: ADP's scale and established client relationships provide a competitive advantage, particularly in the PEO market [47] Strategic Initiatives - **Technology Investments**: Continuous investments in technology and user experience are being made to enhance service delivery and client satisfaction [39][40] - **Wisely Initiative**: The Wisely pay card program is seen as a significant growth opportunity, leveraging ADP's existing client relationships to expand into financial services [51][53] Conclusion - **Outlook**: ADP is positioned well to navigate the current economic landscape, with strong demand for its services, a focus on technology investments, and a commitment to maintaining client relationships. The company is optimistic about future growth despite potential challenges from inflation and economic slowdown [6][25][49]

Automatic Data Processing (NASDAQ:ADP) Barclays Conference Fireside Chat May 16, 2022 2:00 PM ET Company Participants Maria Black - President Conference Call Participants Ramsey El-Assal - Barclays Ramsey El-Assal Hi. Welcome back, everybody. And we are very pleased today to have Maria Black, President of ADP, joining us. Maria, thanks so much for being here. Appreciate it. Maria Black Thank you. Thanks for having me, Ramsey. Question-and-Answer Session Q - Ramsey El-Assal This first question is sort of ha ...