announced it has acquired global enterprise-focused workforce management solution provider WorkForce Software, based in Michigan. The specific terms were not disclosed. However, previous reporting from said that the deal, at a certain point, was thought to be around $1.2 billion.

The company is known particularly for its time and attendance, scheduling, forecasting, leave and absence management, and employee communications capabilities, as well as their trusted global support organization, which will broaden the full suite of workforce management solutions ADP offers. WorkForce Software's solutions adapt to an organization's needs, and can accommodate unique pay rules, labor regulations, and schedules, whether employees are deskless, hourly, unionized, full-time, part-time, or seasonal.

"As the needs of today's global workforce continue to shift, employers need dynamic workforce management solutions that will help them maintain compliance and flexibility while engaging their employees," said Maria Black, president and CEO of ADP. "We are excited to welcome the WorkForce Software team to ADP and will leverage the deep expertise across both teams to further innovate and address the many unique and wide-ranging needs of our clients."

The news of the acquisition comes on the heels of the company releasing its this past September. Called "Lyric," it is aimed at creating flexible and personalized solutions within a unified data environment, in contrast with the more defined and singular functions of disparate specialized software. , it had also released a generative AI solution called , starting with a rollout for select clients with plans to eventually have it be available for all clients. The solution is built on data from over 1 million ADP clients spanning 140 countries and 41 million wage earners. It uses this data to produce insights and analyses, as well as manage financial information.