Fiserv, Inc. and ADP have announced a strategic partnership that combines their industry-leading solutions to support small businesses across the U.S. This collaboration merges Fiserv’s small business tools—Clover and CashFlow CentralSM—with ADP’s RUN Powered by ADP, providing an integrated solution for payroll, cash management, and payments. The partnership aims to streamline business management and empower small business owners to focus on growing their businesses.
1. Meeting the Needs of Small Business Owners
- Research Insights:
- According to Fiserv, 87% of small business owners seek an easy-to-use, all-in-one business management system.
- The Opportunity:
- This partnership capitalizes on the growing demand for integrated solutions that simplify payroll, cash flow management, and payment processing.
2. The Integrated Solution
- Clover® and CashFlow Central:
- Clover offers a comprehensive suite of tools for payment processing, sales tracking, and customer management.
- CashFlow Central helps businesses manage accounts payables and receivables efficiently.
- RUN Powered by ADP:
- A robust payroll and HR solution that simplifies workforce management, helping businesses stay compliant with tax and labor laws.
- The Combined Offering:
- A seamless, integrated platform that allows small business owners to manage their entire business from a single interface.
3. Benefits for Small Business Owners
- Efficiency and Simplicity:
- The partnership allows businesses to consolidate operations, reducing complexity and administrative burden.
- Cash Flow Management:
- By integrating cash management tools, businesses can better track and manage the flow of money, from payments to payroll.
- Focus on Business Growth:
- Small business owners can shift their focus from managing operational tasks to growing their businesses, knowing that payroll, payments, and HR are all handled seamlessly.
4. Leadership Quotes
- Frank Bisignano, CEO of Fiserv:
- “This partnership with ADP strengthens our commitment to providing small business owners with the integrated tools they need to thrive.”
- Maria Black, CEO of ADP:
- “By combining our payroll and HR expertise with Fiserv’s payment solutions, we can help small businesses streamline operations and drive growth.”
The partnership between Fiserv and ADP marks a significant step in offering small businesses a comprehensive, integrated solution to manage payroll, payments, and cash flow. With a focus on ease of use and efficiency, this collaboration will help small business owners save time and resources, enabling them to focus on what matters most—growing their business.
