Re:ADP Begins to Roll Out a Zenefits Competitor
by beat on Wednesday June 10, 2015 @02:33PM
(#9694345)
The word "simply" does not belong in the same sentence with "implement ACH".
Signed,
Someone who worked on ACH for nine years.
ps: I'm pretty sure they're trying to do just that. But you have to consider just how incredibly difficult ACH is - not just from a coding perspective, but from a regulatory perspective. Banking and accounting legal entities need created.
pps: ADP knows good and well that Zenefits is working on their own ACH implementation with their buckets of cash. This is a preemptive strike.
ADP is not a monopoly.
Zenefits built a model that vaguely value adds onto ADP by using a more modern web stack.
I'm no huge fan of ADP, but they're being generous to even consider themselves to be competing with Zenefits.