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While certain platforms simply provide the technology to run the data and interface of the exchange, others go as far as contracting with carriers and providing a complete exchange solution directly to employers. Vendors include: Maestro Health, Bloom Health, Liazon, bswift, Array Health, Connextions, hCentive, HGS Colibrium, Benefitfocus, and ADP.
He worked as a salesman for Prudential Insurance and was the first salesman at Automatic Data Processing (ADP), a payroll-management company. He became the company's CEO in 1975. [8] He was the executive commissioner of the Port Authority of New York and New Jersey from 1978 to 1982. [8]
Paychex, Inc. is an American company that provides human resources, payroll, and employee benefits outsourcing services for small- to medium-sized businesses. [1] Founded in 1971 and headquartered in Rochester, New York, the company has more than 100 offices serving approximately 740,000 payroll clients in the U.S. and Europe. [1]
ERP systems track business resources—cash, raw materials, production capacity—and the status of business commitments: orders, purchase orders, and payroll. The applications that make up the system share data across various departments (manufacturing, purchasing, sales, accounting , etc.) that provide the data. [ 1 ]
In the United States, a flexible spending account (FSA), also known as a flexible spending arrangement, is one of a number of tax-advantaged financial accounts, resulting in payroll tax savings. [1] One significant disadvantage to using an FSA is that funds not used by the end of the plan year are forfeited to the employer, known as the "use it ...
Henry Taub (September 20, 1927 – March 31, 2011) [1] was an American businessman and philanthropist of Hungarian-Jewish descent who was a co-founder of ADP. Raised in Paterson, New Jersey, Taub attended Eastside High School. [2] Taub was educated at New York University. He graduated from NYU in 1947 with a degree in accounting. [3]
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