Moorestown, N.J. and Charleston, S.C. - June 9, 2011 — PayChoice and Benefitfocus are pleased to announce a partnership to provide payroll integration between the BENEFITFOCUS® Platform, HR InTouch App and PayChoice payroll processing technology. The partnership simplifies benefits and payroll administration by combining PayChoice’s best in class payroll solutions with industry leading technology from Benefitfocus, the largest health care and voluntary benefits software provider in the U.S.
“Benefitfocus is the platform standard for benefits shopping, enrollment and administration,” said Robert Digby, Chief Executive Officer of PayChoice. “Combining our offerings makes for seamless integration between benefits selection and employee paychecks for employers and insurance carriers.” The BENEFITFOCUS® HR InTouch App provides benefit enrollment, employee communication, HR efficiency, and health and wellness promotion. Employees can easily access and enroll in multiple benefits from one place, online, anytime.
The PayChoice and Benefitfocus partnership allows employers to integrate employee benefits data with the PayChoice payroll system. When companies hire or terminate employees in PayChoice payroll, they are automatically added or terminated in the Benefitfocus Platform. Similarly, employee payroll deductions are automatically updated in PayChoice when a benefits change is made on the Platform. The combined solution eliminates the need for dual data entry in multiple systems, reduces billing discrepancies and ensures that the correct withholdings and deductions are processed for employees.
“The PayChoice and Benefitfocus partnership offers the industry’s only comprehensive employee management tool delivered via Software as a Service,” said Andy Howell, Benefitfocus Chief Operating Officer. “In addition, our insurance carrier and broker clients who privately label the Benefitfocus Platform can now offer the PayChoice payroll option to their employer groups if they choose.”
This combined technology allows employers on the Benefitfocus Platform to quickly take advantage of a complete payroll and benefit solution. Because the technology solution is delivered via Software as a Service, employers do not need to invest in hardware or manage complicated upgrades. Benefitfocus and PayChoice continue to make updates to the software to keep up with changes in regulations, business rules and customer expectations.
About PayChoice:
PayChoice is one of the nation’s largest privately-held payroll/HR companies and provides payroll and employee management services for small- and medium-sized businesses (SMBs). In addition to its core payroll, HR and tax administration offerings, PayChoice’s suite of services also includes HR compliance and counseling services, workers compensation insurance, 401(k) solutions, Section 125 solutions, time and attendance and background checks. PayChoice delivers its services to over 150,000 SMBs and 1.8 million employees both directly and through approximately 240 payroll service bureau licensees.
PayChoice is one of the nation’s largest privately-held payroll/HR companies and provides payroll and employee management services for small- and medium-sized businesses (SMBs). In addition to its core payroll, HR and tax administration offerings, PayChoice’s suite of services also includes HR compliance and counseling services, workers compensation insurance, 401(k) solutions, Section 125 solutions, time and attendance and background checks. PayChoice delivers its services to over 150,000 SMBs and 1.8 million employees both directly and through approximately 240 payroll service bureau licensees.
About Benefitfocus:
Benefitfocus is the largest health care and voluntary benefits software provider in the U.S. with 13,302,547 consumers, 303,784 employers, 60,207 brokers and 3,350 carrier representatives live on the Benefitfocus Platform. Benefitfocus offers a single Web-based platform for benefit shopping, enrollment, management and industry-standard data exchange. Benefitfocus – All Your Benefits. One Place. www.benefitfocus.com
Benefitfocus is the largest health care and voluntary benefits software provider in the U.S. with 13,302,547 consumers, 303,784 employers, 60,207 brokers and 3,350 carrier representatives live on the Benefitfocus Platform. Benefitfocus offers a single Web-based platform for benefit shopping, enrollment, management and industry-standard data exchange. Benefitfocus – All Your Benefits. One Place. www.benefitfocus.com
