Automatic Data Processing Inc. is reportedly in discussions to acquire WorkForce Software for approximately $1.2 billion. This potential transaction would significantly expand ADP's offerings in the human capital management (HCM) landscape.
WorkForce Software specializes in providing workforce management solutions, including time and attendance, scheduling, and absence management. A successful acquisition would bolster ADP's capabilities, particularly for large, global enterprises.
This strategic move would allow ADP to enhance its integrated HR, payroll, time, and service solutions. The acquisition is expected to generate new business opportunities and strengthen ADP's competitive position in the market.
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