This integration will enable PNC’s small business clients to manage payroll, HR, banking and payments through a single digital experience, according to the release.
PNC Payroll by ADP will enable small businesses to access payroll, HR, time tracking, insurance and retirement solutions through their digital banking platform. It will offer both digital self-service capabilities and access to guidance from 24/7 live ADP payroll experts, the release said.
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“Our clients rely on us for the tools and support they need to build and grow their businesses,” Dave Shorten, head of SMB treasury management at PNC Bank, said in the release. “This collaboration combines ADP’s small business expertise and scalable solutions with PNC’s relationship-driven approach to banking, creating a powerful solution that supports small businesses at every stage of growth.”
PYMNTS reported Oct. 20 that PNC’s third-quarter results showed that the bank reported that average commercial loans increased $10.4 billion from the previous quarter and $42.4 billion from a year earlier. The bank attributed the increases to strong new production and higher utilization, with the year-over-year comparison also reflecting FirstBank loans acquired in March.
According to ADP’s Wednesday press release about its partnership with PNC, ADP supports 1.1 million clients across more than 140 countries. The new partnership with PNC marks the latest expansion of ADP’s embedded payroll offerings that extend payroll and HR capabilities into platforms that small businesses use every day.
Matt Farwell, president of small business services at ADP, said in the release that this combination provides small business owners with an alternative to navigating disconnected systems.
“Small businesses want technology that works together seamlessly,” Farwell said. “This collaboration brings together two of the systems small businesses rely on most: banking and payroll.”
PYMNTS reported in April that ADP launched a dedicated AI agent destination within ADP Marketplace, giving its 1.1 million client companies access to intelligent software capable of planning, acting and completing multistep tasks across the full employee life cycle.
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