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Year 2 of Benesyst BennyTM
Benefits Card Operations
Proves a Resounding Success
2006, Benesyst's second year of
providing card services on its
relatively paperless Benefits Card platform was
concluded with what employers and participants
alike refer to as great success. The
success of the Card is based on two
primary differences. The first is a
very robust interface between the banking,
card and FSA sides resulting in highly
accurate transaction postings. The second
difference is a level of carrier and
PBM connectivity that makes transactions
far more paperless than most other systems.
Participants like it, employers like
it and we like it too! We have made
several enhancements to the system last
year and will continue to do so as,
thanks to federal clarifications and
improved technologies, the spending
account world continues to move towards
debit card-based transactions. Please
see other articles and the Spending
Account Services area of our website
for further information.
About Benesyst
Benesyst is an established, high technology,
high performance benefit administration
outsourcer. Benesyst is the creator
of BeneSmart™, a state-of-the-art, online
enrollment and eligibility management
solution that revolutionizes the way
systems "think" about and manage benefits.
Benesyst is also a "best of breed" Flexible
Benefit Account (all types), HIPAA/COBRA/State
Continuation and Short-Term Disability
Benefit Administrator, offering high-touch,
high performance innovative solutions
in these traditionally outsourced services.
www.benesyst.net.
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