BPAS, MassPay Launch ‘360 Partnership’
The solution automatically synchronizes information between the plan sponsor, recordkeeper, investment provider and employees.
BPAS and MassPay have launched a “360 partnership” through which information is automatically synchronized between the plan sponsor, recordkeeper, investment provider and employees. The two companies say it is a fully automated way to save time, reduce data entry errors and protect data integrity.
“Employers told us what they were looking for,” says Jason Maxwell, CEO of MassPay. “They want to select best-in-class solutions for plan administration and payroll services, not bundle them arbitrarily. And they want to have the two firms work together seamlessly. That’s what we’ve able to bring to the table with BPAS.”
MassPay works with many different recordkeepers, and BPAS works with many different payroll providers.
Paul Neveu, president of BPAS Plan Administration & Recordkeeping Services, adds: “Our model at BPAS is to put all clients on the freeway, meaning that we receive complete census data each payroll period, then perform a range of services on the client’s behalf to simplify their daily experience. It’s all predicated on receiving complete, accurate and timely data.”
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