Businessolver provides technology solutions for managing employee benefits, focusing on improving the healthcare experience for employees. Its main product is a benefits administration platform that automates tasks like enrollment, communication, billing, and reporting, making it easier for HR teams to manage benefits. This platform combines artificial intelligence with human expertise to ensure efficiency and empathy in service. Businessolver stands out from competitors by offering a personalized benefits journey for each employee, using data to enhance understanding and utilization of benefits. The company's goal is to optimize employee benefits programs, leading to higher satisfaction and engagement among employees.

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Businessolver

NEW YORK, Nov. 25, 2024 /PRNewswire/ -- The global benefits administration service market size is estimated to grow by USD 144.7 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  3.09%  during the forecast period. Increasing focus on employee wellness is driving market growth, with a trend towards increased adoption of automation in benefits administration services. However, high cost of software acquisition and implementation  poses a challenge. Key market players include Automatic Data Processing Inc., Alight Solutions LLC, Aon plc, Bamboo HR LLC, Benefit Administration Services LLC, Benefitfocus.com Inc., Businessolver.com Inc, Cognizant Technology Solutions Corp., Dayforce Inc., Empower Annuity Insurance Co

Benefits Administration Service Market Size Is Set To Grow By Usd 144.7 Billion From 2024-2028, Increasing Focus On Employee Wellness Boost The Market- Technavio

HR Technology Conference & Exposition (R)Annual Conference Continues to Shape the Future of HRWEST PALM BEACH, Fla., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Returning to Mandalay Bay in Las Vegas next week, the annual HR Technology Conference & Exposition® will spotlight hundreds of solution providers from September 24 – 26, 2024. This includes dozens of new products that will debut during the show, such as:Achievers – Booth No. 4918Introducing Inclusion Coach, Achievers' AI model to promote inclusive communication. Integrated into the recognition flow, Inclusion Coach analyzes text in real-time for biased language and offers suggestions for continuous coaching. This helps enhance the quality of recognitions and contributes to a positive culture by making it easier to send and receive recognitions everyone can feel good about.Airbo – Booth No

Hr Technology Conference & Exposition(R) To Unveil Industry'S Latest Products Next Week

DENVER--(BUSINESS WIRE)--Businessolver® has unveiled its much-anticipated 2024 Benefits Insights Report today, marking a significant contribution to the understanding of employee benefits trends, challenges, and the expanding role of artificial intelligence (AI) and personalization in enhancing the benefits experience.Report findings reveal the issues employees face when using their benefits, such as confusion and financial insecurity, and how technology helps employees enroll in and use the right benefits to support their needs. Data from the Benefitsolver™ platform, Businessolver’s benefits administration technology, which serves over 18 million people, reveals quantitative proof that AI and personalized experiences improve overall benefits engagement and plan performance.“The personalized navigation support and AI in the system have transformed our employees’ experience as well as our benefits administration strategy at Waste Pro,” said Judi Craigo, Director of Payroll and System Automation at Waste Pro, a Businessolver client. “The technology helps our employees get the support they need year-round, freeing up me and my team to focus on more complex issues and people needs, like supporting an employee through a life event or resolving an escalated issue. Businessolver’s AI has really made it easier for Waste Pro employees to access their benefits.”Key highlights from Businessolver’s 2024 Benefits Insights Report include:Decision Support : When employees had personalized support at enrollment, 80% elected a right-fit medical benefit. These same employees are nearly twice as likely to also enroll in supplemental benefits, like accident insurance or critical illness.: When employees had personalized support at enrollment, 80% elected a right-fit medical benefit. These same employees are nearly twice as likely to also enroll in supplemental benefits, like accident insurance or critical illness

Businessolver Data Reveals How Ai And Human Empathy Revolutionize Employee Benefits Engagement

Businessolver will be present across all of Alpine’s Motorsports programme, which includes BWT Alpine F1 Team, Alpine Endurance Team, Alpine Academy, Rac(H)er and other projects. (Photo: Business Wire)Businessolver will be present across all of Alpine’s Motorsports programme, which includes BWT Alpine F1 Team, Alpine Endurance Team, Alpine Academy, Rac(H)er and other projects. (Photo: Business Wire)Businessolver will be present across all of Alpine’s Motorsports programme, which includes BWT Alpine F1 Team, Alpine Endurance Team, Alpine Academy, Rac(H)er and other projects. (Photo: Business Wire)Businessolver will be present across all of Alpine’s Motorsports programme, which includes BWT Alpine F1 Team, Alpine Endurance Team, Alpine Academy, Rac(H)er and other projects. (Photo: Business Wire)DENVER--(BUSINESS WIRE)--Alpine Motorsports today announced a multi-year partnership with Businessolver®, a leading employee benefits and human resources (HR) technology provider. Aligned by the shared values of people-centered innovation, the two organizations are entering new territory as the only such partnership in the benefits technology sector.Businessolver will be present across all of Alpine’s Motorsports programme, which includes BWT Alpine F1 Team, Alpine Endurance Team, Alpine Academy, Rac(H)er and other projects.“Partnership has been a strategic pillar for Businessolver since the company was founded,” said Jon Shanahan, Businessolver President and CEO

From Pit Stops To People: Businessolver Disrupts In Partnership With Alpine Motorsports

DENVER--(BUSINESS WIRE)--Businessolver®, a leading SaaS-based employee benefits and HR technology provider, today announced its 2023 year-end results achieved by its empathetic service delivery for more than 800 clients. Key among the results is the enhancement of artificial intelligence (AI) throughout the company’s propriety platform, Benefitsolver. Businessolver was the first to deliver AI to the market through its virtual assistant, Sofia℠, in October 2017.Businessolver introduced the following AI products and services in 2023:Virtual assistant enhancements : Businessolver was the first benefits administration platform to successfully integrate Microsoft Azure's Open AI into its proprietary AI models. This integration enhanced Businessolver’s virtual assistant, Sofia, improving the ability to handle complex questions and provide even greater self-service capabilities.: Businessolver was the first benefits administration platform to successfully integrate Microsoft Azure's Open AI into its proprietary AI models. This integration enhanced Businessolver’s virtual assistant, Sofia, improving the ability to handle complex questions and provide even greater self-service capabilities. Personalized interactive voice response (IVR): Businessolver introduced AI capabilities to personalize the IVR phone menu for employees based on prior interactions and real-time behaviors in the Benefitsolver system, providing employees answers faster than ever.Businessolver introduced AI capabilities to personalize the IVR phone menu for employees based on prior interactions and real-time behaviors in the Benefitsolver system, providing employees answers faster than ever

‘All Ai Is Not Created Equal:’ Empathetic Ai Simplifies The Employee Benefits Experience And Delivers Impactful Results For Businessolver Clients And Business Growth

Workplace wellbeing is a big focus for Businessolver—Businessolver, Inc. were recently recognized as a Silver Winner for Aetna’s Workplace Well-Being award—and that commitment is consistent in and outside of the office (or, now that Businessolver, Inc. is remote, its desks).

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Businessolver announced its new Workplace Anywhere policy, where they state that they are transforming into a remote-first company.

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Businessolver, a leader in SaaS-based HR benefits technology and services announces the release of its 2023 State of Workplace Empathy Study.

Businessolver Empathy Study Reveals a 24-pt. Empathy Gap Between HR and CEOs Views of Each Other

Businessolver®, a leader in SaaS-based benefits technology and services, has been named to the 2023 list of America’s Best Employers.

Businessolver Named to Forbes America’s Best Employers List for Second Consecutive Time | Businessolver

WEST DES MOINES, Iowa, Feb. 22, 2023 /PRNewswire/ -- Businessolver®, a leader in SaaS-based benefits technology and services, today announced its 2022 year-end results, which accelerate Businessolver into a new era of growth as it enters its 25th anniversary."This past year marked a significant evolution of our business as we capped our twenty-fourth year in business with our first acquisition," said Jon Shanahan, Businessolver CEO and President. "This milestone is incredibly exciting as we continue to solidify our position as the market leader in the benefits administration space. I am incredibly proud of the work our team has done to innovate our product and deliver delight to our clients – all of which drive our ultimate success."Businessolver's 2022 business achievements included key leadership hires and intentional organizational growthIn October 2022, Businessolver announced it had acquired Workterra, a fully configurable, easy-to-use benefits administration and enrollment platform. Businessolver's addition of Workterra expanded their commitment of innovation and client delight to employers smaller than what Businessolver had traditionally served, providing support for organizations of nearly any size and all levels of complexity. In addition, this provided greater opportunity for collaboration with benefits consultants, brokers, and carriers in this market.Said Shanahan, "From day one, our mission with Businessolver has been to grow our business and delight our clients, and we are excited to extend that mission to Workterra and its customer base

Businessolver Achieves Success In 2022 With Key Leadership Hires And Intentional Organization Growth

Benefits administration platform for HR management

Businessolver

Benefits administration platform for HR management

Businessolver

Benefits administration platform for HR management

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