Credit Suisse First Boston

With the two organizations operating on different platforms, there was an imminent need to integrate. CSFB chose to go one step further by not only synchronizing the two payroll operations, but also reaping other benefits from its newly-formed economies of scale. CSFB has turned over virtually all payroll and tax functions to to use ADP’s Comprehensive Outsourcing Services for its hosted payroll, banking and tax solution.

Problems

  • Two un-integrated payroll systems
  • Expensive in-house payroll services
  • Inability of current system to expand globally to match company expansion

 

Solutions

  • Enterprise HR solutions to connect all systems into one simple solution
  • ADP’s Hosting Systems to support the diverse processes of HR management

 

Results

  • Maintenance of high security standards and compliance with national regulations
  • Ease of access and increased employee satisfaction from the Self Service option of Enterprise HR
  • Decrease in cost from outsourcing to a trusted company instead of a costly, in-house department
  • Increase in IT worker productivity, due to ADP’s comprehensive hosting ability