Mid- market clients Margin pressure Time to close New business bookings NextGen adoption Relatively stable demand ADP Assist Generative AI We haven’t seen a meaningful change Within the range we previously shared Timing- related We feel confident Selling expense Client funds interest revenue Baked into our assumptions Productivity gains Rounded down to zero Hiring remains cautious Purpose- built AI AI-driven automation Lyric HCM Workforce Now NextGen Humans in the loop Free! Embedded payroll Not meaningful in the context of ADP Zero- margin pass- throughs Worksite employees (WSEs) Extended investment strategy Low levels of layoffs Pipeline Integration- related costs Client funds balances Global View Pipeline aging We are maintaining our guidance Coding copilot tools One- time item Pays per control AI agents Workflow transformation SUI revenue Enterprise clients Tens of basis points Deal cycles Autonomous agents Forward yield curve Healthy pipeline Multi- country payroll Rate environment Average yield Mid- market clients Margin pressure Time to close New business bookings NextGen adoption Relatively stable demand ADP Assist Generative AI We haven’t seen a meaningful change Within the range we previously shared Timing- related We feel confident Selling expense Client funds interest revenue Baked into our assumptions Productivity gains Rounded down to zero Hiring remains cautious Purpose- built AI AI-driven automation Lyric HCM Workforce Now NextGen Humans in the loop Free! Embedded payroll Not meaningful in the context of ADP Zero- margin pass- throughs Worksite employees (WSEs) Extended investment strategy Low levels of layoffs Pipeline Integration- related costs Client funds balances Global View Pipeline aging We are maintaining our guidance Coding copilot tools One- time item Pays per control AI agents Workflow transformation SUI revenue Enterprise clients Tens of basis points Deal cycles Autonomous agents Forward yield curve Healthy pipeline Multi- country payroll Rate environment Average yield
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Mid-market clients
Margin pressure
Time to close
New business bookings
NextGen adoption
Relatively stable demand
ADP Assist
Generative AI
We haven’t seen a meaningful change
Within the range we previously shared
Timing-related
We feel confident
Selling expense
Client funds interest revenue
Baked into our assumptions
Productivity gains
Rounded down to zero
Hiring remains cautious
Purpose-built AI
AI-driven automation
Lyric HCM
Workforce Now NextGen
Humans in the loop
Free!
Embedded payroll
Not meaningful in the context of ADP
Zero-margin pass-throughs
Worksite employees (WSEs)
Extended investment strategy
Low levels of layoffs
Pipeline
Integration-related costs
Client funds balances
Global View
Pipeline aging
We are maintaining our guidance
Coding copilot tools
One-time item
Pays per control
AI agents
Workflow transformation
SUI revenue
Enterprise clients
Tens of basis points
Deal cycles
Autonomous agents
Forward yield curve
Healthy pipeline
Multi-country payroll
Rate environment
Average yield