Changing Product Lanes

6568824_l.jpgWe’ve all heard the old adage “A bird in the hand is worth two in the bush”.   As trite as that may sound, it still rings true in business today.  It’s much more cost effective to keep an existing client than it is to replace one.  Statistics vary but according to recent studies, it can cost anywhere between 4-10 times more to replace a client than to keep one. 

In the payroll industry, it’s particularly competitive and clients often bounce between payroll service bureaus (PSBs) based simply on price.  When a client leaves a PSB, that then requires sending out a sales rep to reacquire the client, often at a discount.  Add in the overhead to on board that client again, and the cost quickly adds up.

Historically, payroll companies increased their value proposition by adding new products that eased the administrative burden for the business owner or payroll administrator.  Tax payment services and Direct Deposit were groundbreaking in the 80’s and now are standard services that no company does without. 

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PrismHR Expands the PrismHR Marketplace with Two New HR Technology Providers


Today at PrismHR LIVE 2017, the largest technology conference for professional employer organizations (PEOs) and administrative service organizations (ASOs), PrismHR announced the addition of two new partners to the PrismHR Marketplace: JazzHR, a recruiting software provider, and FinFit, a financial wellness program provider.

With over 20 years of experience in the field of human resources, PrismHR provides comprehensive software solutions for PEOs and ASOs. PrismHR helps those HR service providers save time, improve productivity, mitigate risk, and attract, win, and retain business more effectively than any other available solution.

“HR service providers that use PrismHR have told us they want to deliver additional technology solutions to small and medium-sized businesses,” said Mark Hausser, Senior Vice President of Sales and Marketing, PrismHR. “We are very excited to announce two new partnerships to make that possible. JazzHR provides advanced applicant tracking capabilities particularly well-suited for organizations that have more complex hiring needs. FinFit provides a great way for worksite employees to improve their financial health.”

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FinFit Looking to Blooom the Financial Future of Employees


FinFit and Blooom Announce Partnership to Help Employees Secure a Healthy Retirement by Offering a Personalized Online Professional Management Service for Employer Sponsored Accounts.

Virginia Beach, VA March 24, 2016 – FinFit announced today that it is partnering with Blooom, Inc. of Kansas to give employees direct access to professional management of the employees' personal employer sponsored retirement account (401k,403b). This partnership helps employees secure a healthy financial future and lets employers be more efficient and responsible in providing professional assistance to its employees.  Blooom will be providing its online professional management service to FinFit members through the employer sponsored FinFit program. 

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Viverae Partners with FinFit

March 24, 2016


FinFit Staff

partnership in Financial WellnessDALLAS, March 22, 2016 /PRNewswire/ -- Viverae®, a leader in total population health, announced today that it has partnered with FinFit, a nationwide leader in employee financial wellness.

The partnership will provide a comprehensive suite of offerings to help employees achieve financial health and well-being. This includes access to small loans, financial assessments, budgeting tools and calculators, a personalized financial dashboard, a virtual learning center, engagement incentives, and much more.

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California Foundation Fund to Promote Financial Wellness with FinFit

AAEAAQAAAAAAAAT6AAAAJGY1ZTk1ZWUxLWNmZjMtNDIzOC1iYmViLTMzZDc5NjlmN2IzZQ.pngIn an effort to empower millions of employees, the California Foundation Fund joined forces with FinFit to promote financial wellness in California.

Since their inception, the California Foundation Fund has spearheaded financial literacy programs. This partnership will allow FinFit to offer its Premier Financial Wellness and Credit Solutions Program in California to culturally conscious employers who understand their staff and how stress associated with financial challenges can affect health and productivity.

“Financial education can be an intimidating, private and a difficult topic instruct. Utilizing FinFit makes it easy to learn and implement,” said Miguel D. Vasquez, CEO of the California Foundation Fund.

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FinFit Joins Forces with Group Benefit Options

index_01.gifVIRGINIA BEACH, VA December 7, 2015— FinFit( a nationwide leader in Employee Financial Wellness, today announced they have joined forces with Group Benefit Options (GBO) ( headquartered in Shelton, Connecticut.

GBO has significant experience and deep domain expertise in insurance distribution, employee benefits consulting and benefits brokerage, and will work to promote financial wellness among Employee Benefit Brokers, Consultants, Insurance Carriers and Third Party Administrators on behalf of FinFit.

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