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BenefitsXML provides innovative data exchange
service to OnlineBenefits Collaboration provides HR-XML data exchange
for employee benefits administration service providers. Glastonbury,
CT (January 25, 2005) – BenefitsXML, a leading provider
of e-benefit and HR-XML enabling technology solutions, announced
that OnlineBenefits has become a channel partner for BenefitsXML’s
new BenefiX service - a data exchange hub for transmitting information
to employee benefit plan providers and payroll companies. The BenefiX
service allows OnlineBenefits to transmit enrollment specifications
in a single HR-XML format to BenefitsXML where the BenefiX service
translates, transforms and routes that data into the health and
welfare carriers’ proprietary formats. “
OnlineBenefits is very pleased with the results of the BenefiX
implementation,” said Alan Cohen, CEO of OnlineBenefits. “Moving
our benefits administration data feeds from Benergy to the HR-XML
industry standard and utilizing the BenefiX service has increased
our focus on customer-facing activities and lowered the cost of
operations. It’s clearly improving the timeliness and accuracy
of data for our clients and their carriers.
With its vast library of carrier translation adaptors, the BenefiX
service will accelerate new client and carrier implementation as
well as ease OnlineBenefits’ administrative workload,”
states David Donahue, CEO of BenefitsXML. “The BenefiX service
is now available to other benefits administration and HR outsourcing
companies as well as large employers who want an economical, secure
and scalable solution to outsource their carrier and payroll data
exchange “
The ultimate goal of the HR-XML Consortium is to have all participants
in the HR value chain natively exchange the HR-XML standard specifications,”
states Chuck Allen, Executive Director of the HR-XML Consortium.
“An HR-XML-based data exchange hub, like BenefitsXML’s
BenefiX service, is a very important step towards wide-spread acceptance.
HR-XML is pleased to have innovators such as BenefitsXML among its
member companies.”
About BenefitsXML
BenefitsXML is a leading provider of HR-XML and e-benefit enabling
technology solutions and consulting services for employee benefit
service providers including group insurance brokerages, TPAs, health
and welfare carriers, and HR Outsourcing firms. Founded in 2000,
BenefitsXML has worked with some of the largest HR, payroll and
benefits administration companies in the business process outsourcing
(BPO) industry.
About OnlineBenefits
OnlineBenefits, Inc. is the HR solutions company behind the well-known
Benergy™ family of communication, administration and intelligence
products. Its market-proven solutions enrich the benefits and HR
experience for employers, employees and brokers in innovative, cost-effective
ways. The company designs, implements and hosts its award-winning
Internet-based applications and distributes them in partnership
through its network of over 400 of the nation's leading brokers
and consultants. About The HR-XML Consortium The HR-XML Consortium
is an independent, non-profit organization dedicated to the development
and promotion of a standard suite of XML specifications to enable
e-business and the automation of human resources-related data exchanges.
Contact
Robert Flynn, BenefitsXML, 860.657.8835 x320
sales@benefitsxml.com
Andrew Ceccon, OnlineBenefits, 516.414.7008 aceccon@onlinebenefits.com
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