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Technology Stocks : Paychex (PAYX)
PAYX 114.34+0.1%11:30 AM EST
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To: John A. Snell who wrote (114)10/26/1998 4:33:00 PM
From: Beltropolis Boy  Read Replies (1) of 210
 
keeping up with the 'competition.'

ADP To Offer Internet Payroll Service
10/26/98 1:26 p.m. ET
By Marianne Kolbasuk McGee, InformationWeek

Automated Data Processing will unveil this week Internet-based payroll services for its more than 120,000 small-business clients. The service represents the first of several Internet-based payroll initiatives ADP plans to roll out over the next year for customers of all sizes.

The new EasyPayNet service will let small-business customers with one to 100 employees send their payroll information to ADP over the Internet. In the past, those customers either faxed or phoned in that information at a prescribed time. EasyPayNet will also let ADP clients access their payroll information online, rather than waiting for printed reports to be faxed or mailed by ADP, in Roseland, N.J.

ADP enlisted Internet solutions systems integrator Inventa to create the EasyPayNet website and front end, while ADP's own IT staff integrated the systems with its legacy systems. ADP is in the process of upgrading its network to T1 lines in an effort to handle the Internet traffic. IBM Global Services is providing Internet hosting services to ADP.

The EasyPayNet services are being piloted with ADP small-business customers in the New York area. The services will be offered nationwide to small business next spring, Villar said. ADP said it estimates about 40 percent of those customers have computers that are equipped to send payroll information via the Internet. The company said it estimates that by 2003, the percentage will jump to 60 percent. Pricing has not yet been determined.
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