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In 2007, the ADP Brokerage Service Group was spun off to form Broadridge Financial Solutions, Inc. (NYSE: BR), removing about $2 billion USD from ADP's total yearly revenue. ADP distributed one share of Broadridge common stock for every four shares of ADP common stock held by shareholders of record as of the close of business on March 23, 2007.
On October 1, 2014, ADP Dealer Services division was spun-off to form the independent company CDK Global. The CDK in the company's name was inspired from different acquisitions; C from Cobalt Digital Marketing,  D from the original ADP Dealer Services business and Kerridge Computer Company, a UK-based DMS supplier acquired by ADP in 2005 ...
TALX also successfully partnered with ADP, Ceridian, Aon-Hewitt and other payroll and benefit providers to package customized suites of services under several alliance banners. In 2007, TALX was acquired by Equifax, one of the big three credit reporting agencies, in a transaction valued at $1.4 billion.
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Overview. An accounts payable is recorded in the Account Payable sub-ledger at the time an invoice is vouched for payment. Vouchered, or vouched, means that an invoice is approved for payment and has been recorded in the General Ledger or AP subledger as an outstanding, or open, liability because it has not been paid.
NetSuite Inc. is an American cloud-based enterprise software company that provides products and services tailored for small and medium-sized businesses (SMBs) including enterprise resource planning, customer relationship management, accounts payable software, and inventory management software.