At a glance
- The companies announced the partnership in an Oct. 28 press release.
- The offering combines payroll, HR, time tracking, insurance and retirement solutions in one place inside PNC's platform, with 24/7 access to ADP's live payroll specialists.
- For advisors, the integration places retirement plan selection inside PNC's small-business banking and payroll workflow, where employers already manage cash and compliance.
ADP and PNC Bank introduced PNC Payroll by ADP, embedding ADP's AI-enabled payroll and HR tools in PNC's digital banking platform for small businesses. The companies announced the partnership in an Oct. 28 press release.
The offering combines payroll, HR, time tracking, insurance and retirement solutions in one place inside PNC's platform, with 24/7 access to ADP's live payroll specialists.
For advisors, the integration places retirement plan selection inside PNC's small-business banking and payroll workflow, where employers already manage cash and compliance.
Pricing and contract terms were not disclosed, and the companies did not name the retirement providers behind the component.
Reported by the Plans & Sponsors desk from 401(k) Specialist. Published . Corrections