UBS has reiterated its neutral rating on Automatic Data Processing, Inc. (ADP), a prominent player in the computer services sector.

The company primarily focuses on developing human resources management solutions, with the majority of its net sales derived from services aimed at small and medium-sized enterprises.

The remaining portion of sales come from a broader range of HR management solutions, including audit services, business consulting, payroll management, and training services.

Geographically, ADP's revenue is heavily concentrated in the United States, with Europe, Canada, and other regions contributing smaller portions.

This distribution highlights ADP's strong domestic presence and its strategic focus on the North American market.