benefitexpress Earns Top Benefits Administration Vendor & Decision Support Tool Award
Schaumburg, Ill. July 1, 2020—benefitexpress™, a leading provider of cloud-based technology software and services for employee benefits administration, announced today their receipt of two badges on the Shortlister Q3 Top Vendor Report for HR Technology. This marks the fourth consecutive quarter benefitexpress has been recognized by Shortlister in its quarterly report.
Shortlister is the #1 marketplace for employers and consultants to find and select providers in the Human Capital, Well-being and Benefits space. The three criteria evaluated in the Top Vendor Report were company background and stability, business performance and rating data and market presence and/or buzz factor.
The two badges awarded to benefitexpress are:
"We are thrilled that benefitexpress earned two badges in the Shortlister Q3 Top Vendor Report. We're particularly excited that we ranked in the top five for both categories. This recognition proves that we're building momentum as an industry leader, and delivering on our commitment to provide the best and most innovative benefits administration technology software and service on the market," said Michael Sternklar, Chief Executive Officer at benefitexpress.
"Earning the badge for Top Benefits Administration Solution Vendor and Top Benefits Decision Support Tool reinforces that we're meeting our goal to closely partner with our clients to successfully educate the millions of employees on our platform and help them make informed decisions as they navigate a complex healthcare ecosystem."
benefitexpress’ inclusion makes it part of an elite list: just 12 of 70 companies (17%) earned Top Vendor status in Shortlister’s Benefits Administration Solution category, and just 5 of 27 (19%) did for the Benefits Decision Support Tool category. Data factored into the awards includes number of clients, number of lives covered, bid inclusion, and wins vs. losses.
This news follows the announcement that benefitexpress has recently launched a suite of value-added solutions to help employers do more with less in a post-COVID-19 environment, including a mobile app, COBRA alternative and new lifestyle benefits marketplace.
Born from benefits experts, benefitexpress delivers industry-leading cloud-based benefits administration technology solutions and services to employers and broker partners and is always ‘at the ready’ for their employees. With client-tested integrated benefits administration, benefitexpress provides technology, flexibility and customer services to the simple and most complex benefit plans. Software and services span a suite of end-to-end solutions including daily administration, full-service contact center, integrated ACA administration, reimbursement account administration, dependent eligibility audits and total compensation statements. For more, visit https://www.benefitexpress.info.
Shortlister is designed to fundamentally improve the RFP process in the human capital space. Their goal is to identify the vendor that is most compatible with an employer’s budget, demographics and unique program goals. Their proprietary matching algorithm has supported searches impacting over 1,000 employers and millions of employee lives. Based on this wealth of experience and the qualitative and quantitative automation built within Shortlister, they are able to complete a thorough market scan and detailed analysis of vendor options in a fraction of the time compared to a traditional procurement process. Using Shortlister, you can make faster, higher quality and more sustainable selections in the human capital marketplace. For more visit http://www.myshortlister.com.