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He Founded World's Biggest Payroll Firm

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Henry Taub and Automatic Data Processing Inc.

04/05/2011

ADP was founded by Henry Taub. It had its first offices over a Patterson, New Jersey, diner. Taub was a CPA working at an accounting firm when he saw how important it was to get the paychecks out on time, and realized that this task could be better handled on an outsourcing basis. He took up the payroll tasks for companies at a time when companies were not so willing to share payroll information. It was also the time when the large IBM mainframe computers were introduced and ADP ordered these computers in 1961. Today 31 million payroll checks use ADP services.

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He Founded World's Biggest Payroll Firm

Wall Street Journal 04/05/2011

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