Broker Bulletin
Businessolver announcements, information & resources
May 2024
Product News: ComplianceDashboard Platform Enhancements
Read our press release for all the details to share with your clients
The newest member of the Businessolver family is the Capstone Group! You may recall that we announced back in February our second acquisition of this leading firm in employee benefits outsourcing, risk management, and compliance solutions. As we welcome them to the Businessolver Family, we’re also pleased to introduce a new and improved ComplianceDashboard experience that will make tracking compliance deadlines and to-dos much easier for your clients.
Key features of the new platform include:
- Enhanced security with multi-factor authentication
- Streamlined client management and more intuitive UX
- Improved content organization and search functionality for content research
- Simplified user roles for easier client setup
Want to be one of the first to see our brand-new ComplianceDashboard in action?
Registration is Now Open for Our June 13 Think & Clink
Sign up by May 30 to receive your wine or non-alcoholic kit in time for the event
Join Businessolver on June 13 from 3- 4:30 p.m. CT for an exclusive virtual wine tasting experience where benefits compliance meets the art of fine wine. Uncork our new ComplianceDashboard as we blend the flavors of regulatory adherence with the richness of hand-selected wines. We will also discuss our product roadmap and new features that have been meticulously crafted to mature over time.
- Join us as we uncork our compliance dashboard, revealing a bouquet of insights and analytics. From tracking regulatory adherence to optimizing employee benefits programs, our dashboard is your sommelier in navigating the complexities of compliance.
- Sample a curated selection of wines from renowned vineyards, each paired with a compliance metric or strategy. Discover how risk assessment pairs with a bold Malbec or how regulatory updates harmonize with a crisp Pinot Grigio.
- Raise your glass in celebration as we discuss our product roadmap, new Insights Dashboard, improved personalized IVR and service center QA, review Point Solutions engagement, and more.
- Cheers to compliance, camaraderie, and a virtual wine experience like no other!
Could Your Clients Benefit from Businessolver’s Workterra Platform?
Fill out the form below to learn more about the perks of the platform and see if it’s a fit for your clients
At Businessolver, our proprietary platform, Workterra, redefines benefits administration for brokers looking for an innovative approach to meet the needs of small to medium-sized businesses. With its highly configurable design, it offers a highly configurable and personalized enrollment experience, addressing the dynamic needs of your clients. Workterra provides a robust suite of features, including enrollment, eligibility verification, comprehensive reporting, API integrations, decision support, and mobile optimization. Serving over 200 clients across various sectors and entities, our platform distinguishes itself through stable leadership, continuous innovation, and a forward-thinking vision, catering to both present and future market demands.
Why Choose Workterra for Your Clients:
- Flexibility: Workterra seamlessly adapts to complex needs without additional coding.
- Swift Implementation: Features rapid onboarding, detailed training, and dedicated support to streamline HR tasks.
- Intuitive User Experience: Offers a personalized, mobile-friendly interface for easy benefits management.
- Advanced Reporting: Enables real-time data access, automated reports, and supports Voluntary Benefits with extensive analytics tools.
Want to learn more about Workterra? Fill out the form to the right, and our team will be in touch shortly!
Submit your info here and we'll connect with you soon
Curious About What’s on the Horizon for Our Product Roadmap?
Get behind the scenes access into Benefitsolver’s future by watching on-demand
Vision 2024 might be over, but it’s not too late to take advantage of all the amazing on-demand recordings from our largest virtual event of the year! If you missed our Product Roadmap session during Vision, or just want to refresh your memory, this is one of the best sessions for getting a sneak peek into what Businessolver has in store for this year. In this session we peel back the curtain to show you: what we’ve done, and where we’re going to keep your clients ahead of the curve when it comes to our benefits administration technology. You’ll also get access to Dr. Kimberly Dunwoody’s brand new book mentioned in the session called, “Bridging the Gap: Mental Models, Employee Experience, and AI in Organizational Strategy.”
For those that registered for Vision 2024, simply login to the Attendee Hub here and click on the “On Demand” tab on your homepage and search for the session titled “Product Roadmap: Behind the Scenes of Benefitsolver’s Future.”
If you didn’t register for Vision, click on the link above to retroactively register for Vision to gain access to the recording.
Don’t forget to check out our Vision recap video here while you’re at it!
Make sure to take our short survey
It will take less than 5 minutes and you will receive some Businessolver swag for participating!
Hot Off the Press: Businessolver in the News
Businessolver Unveils Groundbreaking Benefits Enrollment Experience at Annual Vision Conference
Did you catch the announcement of our brand-new best match enrollment experience last month at Vision 2024? In case you missed it, Businessolver recently announced some key enhancements that ensure that your clients utilizing Benefitsolver receive the support they deserve when deciding on benefits that will impact their health and financial wellness for the next plan year. Learn all the details by checking out the press release below.
Businessolver Launches Benefits Insights Dashboard: Empowering HR Pros with AI-Driven Insights
Another day, another new product release! We are thrilled to announce the rollout of our Benefits Insights Dashboard, an AI-powered tool designed to provide your clients with real-time analytics, reporting, and predictive recommendations to enhance their benefits strategy alignment with organizational goals. Read our press release below for the full list of features included with the Dashboard that you can share with your clients.
What’s New in Compliance?
Have your clients completed their non-discrimination testing (NDT)?
Each year, employers find themselves working at the end of the year to complete their nondiscrimination testing and respond to the results. Because it isn’t uncommon for plans to struggle to pass Dependent Care FSA tests, employers sometimes must take steps to correct a plan failure. If these tests aren’t completed until later in the year, the “fix” required can be frustrating for plan participants, sometimes resulting in additional taxes that impact their paychecks.
Encourage your clients to test in the spring, so that they have time to respond to failures without the same impact.
Resources and Upcoming Events
AI and the Future of Work: Benefits Pulse Vodcast
Generative AI is likely here to stay—it’s possible that by 2030, 30% of mundane tasks at work will be fully automated, freeing up many of us to dig deeper into more complex aspects of our jobs. But AI won’t take over our jobs—the human element is irreplaceable. Watch our Benefits Pulse episode where Jesse Bockstedt, professor and Senior Associate Dean at Emory University, shares his perspective on AI, from how it’s changing today’s workplaces to how we’re preparing future generations.
Personalizing the Employee Benefits Enrollment Experience
With 86% of employees saying that they are confused about their benefits, this high percentage has the potential to lead your clients to mismatched enrollment and poor benefits utilization throughout the plan year. Luckily, with a personalized enrollment experience, your clients can get the help they need to stop the cycle and assist their employees in getting off to a good start. Check out our recent blog below to learn all about the power of personalization during the enrollment experience to help make this AE the best yet for your clients.
How to Support Your Clients in the Event of a Data Breach
Did you know that an estimated 74% of data breaches involve a human element? In 2023, we witnessed an alarming rise of data breaches, setting records in both frequency and impact to the businesses effected. Fast forward to 2024, and early indicators suggest a continuation of this troubling trend. Curious about how you can keep your clients informed to protect against data breaches this year and beyond? Read our blog below that details our top five steps for helping protect them.