2. Your Challenge in 2013
• Customers expect excellent but simple benefits
administration from you
• Payroll processing without benefits administration is
a losing product offering—A Dinosaur
• The “big boys” offer benefits, and you will continue to
lose market share if you do not or do not do it well
– This loss of share will only continue during the next
decade
• Tighter margins mean that you need to find new
revenue streams
3. Your Challenge in 2013 (contd.)
• Many benefits administration solutions are not
designed for medium-sized and smaller customers
• Many solutions are not flexible in terms of
administrating customers in multiple states with
multiple benefits packages for different types of
employees
• Maintaining a regulatory compliant solution that is up-
to-date with current technology is expensive and
cumbersome
4. How We Can Help You
• An easy to implement solution that is simple for:
– The payroll processor
– The client administrator
– The employee user
• A solution that is and will continue to be compliant
with regulations and up-to-date
• A solution that is currently live and tested with payroll
processors and third party administrators
• A solution devised to be cost effective, and geared to
middle market and smaller clients
5. Flexibility—Your choice
• Partner option
– We administer and implement
– Your clients know they are working with Elect
• Private Label option
– We are responsible for the ongoing maintenance and updates
– Your working relationship with Elect is invisible to your clients
– You and client take over administration
• Software licensing only
– You license our software
– We work with you on implementation, but ongoing maintenance is your
responsibility
6. Why We Are Different
#1. We are experienced “roll up your sleeves” benefit
administrators by practice.
- Over 90 years combined experience in benefits
administration and HR (solutions, compliance, trusted
Advisors)
#2. We are experienced benefit administration
technologists and systems implementers.
- Played key roles in the design, development, marketing and
growth of proprietary benefits administration and HR solutions
in the USA
7. Why We Are Different
#3. We have taken best practices and lessons learned
from every sector of industry.
- F50, F100, F500, F1000, SMB
- Over 1,500 plan designs implemented
#4. We support Benefit Administration Providers--
Period!
15. Secure Message Center
-Employees use the Contact Us and Inbox feature to securely
communicate with designed administrators.
-Secure Message Center is HIPAA HITECH compliant.