ADP Launches New End-to-End Tax Engine to Simplify Compliance
ADP®, a technology company providing human capital management (HCM) solutions, is changing the way employers think about tax with its Next-Generation Tax Engine, a foundational backbone of the company's tax compliance products. This comprehensive, built-in solution leverages over 40 years of tax compliance expertise and next-generation HCM technology to minimize compliance risk and increase efficiency across payroll processes, for businesses of all sizes. ADP's new integrated, end-to-end tax engine offers an unparalleled level of scale in real-time tax processing, as well as unmatched variety in processing unique types of tax, including federal, state, region-specific local taxes and PEOs. With greater automation and real-time information, the engine's built-in protections help with compliance, exposing where errors might exist and reducing opportunities for tax agency notices to occur. Finally, it was designed for scale, handling both high- and low-value transactions, and offering more client choice in payment settlement options, at some of the highest levels seen in the industry.