IBM | October 11, 2023
EY.ai Workforce, driven by IBM Watson Orchestrate, leverages AI to automate HR tasks and processes, leading to transformative operational enhancements.
The company merges the power of AI and automation from IBM Watson Orchestrate with EY organization's expertise in HR transformation.
The collaboration facilitates innovative enhancements in HR processes for organizations.
EY and IBM has announced the launch of EY.ai Workforce, a cutting-edge HR solution that assists organizations to seamlessly integrate artificial intelligence (AI) into vital HR processes. This development signifies a significant milestone in the ongoing collaboration between the two companies, showcasing the pivotal role of AI in enhancing productivity within HR functions.
EY.ai Workforce integrates IBM Watson Orchestrate's AI and automation capabilities with EY's HR transformation expertise. This ensures organizations receive customized solutions designed to enhance HR processes. With EY's deep understanding of businesses, tailored solutions are deployed to streamline employees' work using AI assistance.
EY Global Managing Partner – Client Service, Andy Baldwin, said,
This EY and IBM collaboration could not have come at a better time. The contemporary workplace is evolving rapidly and there is a pressing requirement for streamlined operations. EY.ai Workforce reimagines ways of working by enabling businesses to make the most of their talent, putting humans at the center of technology to bring an improved work experience with superior productivity.
[Source – Cision PR Newswire]
Ph.D., Senior Vice President, Product Management and Growth at IBM Software, Kareem Yusuf, mentioned:
At IBM, we are focused on creating enterprise solutions that use artificial intelligence to address specific business use cases. Building on our longstanding collaboration with the EY organization, the introduction of EY.ai Workforce will provide clients with targeted intelligent automation solutions that help them to use the power of artificial intelligence to unlock productivity and address real business requirements and outcomes. This is another strategic step in our alliance with the EY organization.
[Source – Cision PR Newswire]
Packaging automation into individual tasks, watsonx Orchestrate simplifies complex tasks by breaking them down into individual steps. From drafting job descriptions to extracting payroll reports, this system guides employees through common processes. Its user-friendly natural language interface ensures easy access for all employees, allowing them to save time and concentrate on more valuable tasks.
EY and IBM merge business ingenuity with hybrid cloud and AI technology to assist in the resolution of the world's most complex business, social, and environmental issues. The partnership supports functional areas such as human resources, M&A, sustainability, risk and compliance, asset management, and supply chain to assist clients with hybrid cloud-enabled business and workforce transformations.
PR Newswire | October 04, 2023
ADP, a leading global technology company providing human capital management (HCM) solutions, announces the launch of its corporate venture capital arm and innovation lab, ADP Ventures. ADP Venture's mission is to enhance and strengthen ADP's core business, create offerings in new adjacent segments and geographies, and develop new assets to monetize markets and segments beyond HCM.
Our mission is to empower businesses and their employees, says Maria Black, president and chief executive officer of ADP. ADP Ventures will allow us to further invest to provide clients with unmatched support throughout the HCM journey, from hire to retire and, most importantly, that critical space in between where we hope to inspire people as they fulfill their potential.
As part of its strategy, ADP Ventures will invest in and partner with early-stage and scaling tech startups that advance ADP's innovation strategy. ADP Ventures has also invested in SemperVirens Venture Capital, a leading early-stage venture capital fund that invests in technology transforming work, health and financial wellness.
"The world of work is changing at an unprecedented pace and many entrepreneurs are focused on advancing speed to innovation in this space," says Sreeni Kutam, president of global product and innovation at ADP. "ADP Ventures is investing in the total human experience, in technology that empowers people at work and beyond work, whether it's collaboration, health and wellbeing, talent acquisition, financial wellness or HCM analytics."
ADP Ventures intends to focus on early-stage strategic investments with co-investors and will target a small, leading subset of the most innovative new companies. Consistent with this discipline, ADP recently completed investments in two start-ups this year: Cocoon, a leave management software provider that focuses on improving the employee leave experience by automating the most challenging parts of compliance, claims and payroll calculations; and, Fringe, a marketplace of services that facilitates a plethora of programs such as lifestyle benefit stipends, wellbeing, rewards and recognition, and peer-to-peer gifting.
"ADP is committed to innovating and partnering to shape the future of the HCM industry," says Usman Khan, senior vice president, Ventures at ADP. "ADP possesses the product stack, global market footprint, brand, and partnership expertise to work with and scale new companies. As an active partner to startups we invest in, we can help accelerate their growth and impact on the human experience through access to our customers, platforms, proprietary data, subject matter experts and broader community."
The partnership with SemperVirens also brings direct access to the firm's executive advisory board, composed of over 140 experts, to advise founders on scaling their products, sales strategies and key partnerships.
The ADP Ventures investment team will be holding meetings with interested startups at HR Tech 2023 in Las Vegas. Or learn more at adp.com/ventures.
ADP | October 13, 2023
ADP introduces ADP API Central to facilitate seamless integration of workforce data into HR
The solution is designed to simplify workforce data integration and provides developers with immediate access to templates, APIs, documentation, and support to expedite system integrations
ADP API Central is available to ADP Workforce Now clients in the U.S., with plans to expand to additional solutions in the coming years
The solution offers enhanced data security and real-time access to worker data, improving HR teams' strategic capabilities.
ADP, a global human capital management (HCM) solutions provider, has introduced ADP API Central, a new HCM solution designed to simplify the integration of ADP workforce data with HR and business systems using standard APIs and tools. ADP API Central aims to streamline workforce data integration, providing a user-friendly way for businesses to connect their ADP data with HR and business systems. It helps HR practitioners access real-time worker data, enabling greater strategic and operational efficiency.
Anthony Maggio, Vice President and General Manager of ADP, stated,
HR leaders cite integration with other technology solutions as a top challenge to fully maximizing their workforce data. ADP API Central solves this by making it faster and easier to integrate worker data across systems. Developers gain quick access to the tools they need to speed the development of system integrations. HR practitioners experience a better way to manage their worker data which they can now access real-time, allowing them to be more strategic and efficient.
[Source: Cision PR News]
ADP API Central provides developers instant access to a comprehensive library of use case templates, pre-populated APIs, detailed API documentation, and code samples to facilitate the development of system integrations. It also offers dedicated developer support at no extra cost.
Integration with various technology solutions has challenged HR leaders. ADP API Central addresses this challenge by allowing HR teams to access real-time worker data, enhancing their strategic capabilities.
VP and Research Director of Ventana Research, Quincy Valencia, remarked
ADP is refining HCM application integration, one of HR's biggest headaches with API Central. Having easy and quick access to APIs enables workforce data integration significantly benefits developers and HR teams. ADP is providing direct support for developers, resulting in a more accurate, connected and streamlined experience for HCM solutions.
[Source: Cision PR News]
The initial launch of ADP API Central is available to ADP Workforce Now clients in the United States. The solution will expand to additional solutions in 2023 and 2024 and is also accessible to clients in France.