Today's Challenges
The
benefits business, like other business sectors, has attracted hundreds of
vendors with web-based systems looking to streamline benefits
administration and eliminate paper processing. These vendors target
different markets, have various features and functionality, and wide
ranging prices. Some vendors are financially viable while others are
struggling to survive. The market is complex and evolving.
Your
Technology Resource
Through a
strategic partnership, we have added Benefits and HR Technology Advisory
Services to our practice. We help employers navigate through
the maze of vendors with the objective of finding the right solution to
simplify the administration of HR and Benefits processes. Our proven
methodologies and evaluation approach will eliminate risk and ensure
success. BenefitsLab clients save time and money while increasing
employee awareness with their benefits.
The
Benefits and HR Technology Market
Though our
responsibility in the past has been benefits focused, the trend in
technology has been to integrate HR, benefits, and payroll so that
employee data only needs to be entered once. This tendency towards
integrated technology requires any advisor to have an understanding
of all an employer's HR, benefits, and payroll needs. Addressing
only one vendor at the exclusion of the others may produce poor results
and ultimately more work for your HR department.
Our
Process
Our
process is different from others. Many firms will partner
with a single vendor and try to get you to use that one system. That
approach assumes all clients want the same solution. Before making
any decisions, we believe that developing both a short-term and long-term
strategy is critical to success. Through an interview process
addressing over 150 potential variables, we identify needs before
making any recommendations. Once a solution is chosen, we will
manage implementation and ensure user adoption.
The
Bottom Line
You expect
your health insurance broker to "shop the market" for you and
provide you with accurate comparisons between vendors (insurers) so you
may reach a truly informed decision. Why should the HR Technology
process be any different?
Want More Info? ... Russ Swallow ... 508-831-0805
(or use
e-mail address below)
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