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Applied Systems Partners with BenefitPoint to Provide Customers Integration with Leading Web Based Benefits Package.


Business Editors/High-Tech Writers

UNIVERSITY PARK, Ill.--(BUSINESS WIRE)--Nov. 17, 2003

Applied Systems, Inc. announced today a strategic partnership with BenefitPoint, Inc., providing CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization.  and procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.  for employee benefits professionals.

Working together, Applied's agency management software and BenefitPoint's employee benefits platform will integrate to enable insurance organizations using Applied software to exchange client policy and renewal data, manage employer information, access product and service details, track commissions and revenue, and perform reporting and benchmarking, all from directly within their agency management systems.

"Applied Systems recognizes the increased focus of our property and casualty customers towards employee benefits and related financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
. We are extremely pleased to partner with another industry leader in order to deliver the most robust web-based benefits package available," stated Wayne Pardue, Executive Vice President of Sales and Marketing for Applied Systems.

"We believe that this partnership with Applied brings greater value to both employee benefits and property and casualty professionals by creating a single point of entry for both systems," said John Randazzo, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of BenefitPoint. "No one vendor can address the complete spectrum of complex needs of today's brokerage and consulting firms Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
. With Web Services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term.  technology, customers can combine best in breed expert systems with the seamlessness of a single solution."

About Applied Systems: Applied Systems is the leading provider of automation solutions for the property and casualty insurance industry. Since 1983, the company has developed software for independent insurance agents, brokers, managing general agents, and insurance companies, as well as banks and other financial institutions with insurance operations. Applied has helped more than 10,000 insurance organizations achieve new levels of success using its leading management systems, The Agency Manager(R), The Agency Manager(R) Vision Series(TM), and The Diamond System(TM). Developments in electronic data interchange See EDI.

(application, communications) electronic data interchange - (EDI) The exchange of standardised document forms between computer systems for business use. EDI is part of electronic commerce.
 have also contributed to Applied's position as the industry's technology frontrunner. Combined with consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 and third-party integration, Applied Systems automates insurance transactions at every level of distribution, from customer to carrier. For more information: www.appliedsystems.com.

About BenefitPoint: BenefitPoint delivers the industry's leading web-based platform for customer relationship management and procurement, making it easier for employee benefits professionals to manage, buy and sell benefits. Brokers, consultants and carriers realize expanded business opportunities, operational efficiencies and a greater ability to deliver quality information and services to employers and employees.

BenefitPoint has achieved widespread industry adoption with over 310 broker and consultant offices accessing the system, loading 40,000 employer clients on the platform, covering 22 million employees and approximately $90 billion in premium. Over 420 carrier organizations use BenefitPoint to access broker and consultant RFP (Request For Proposal) A document that invites a vendor to submit a bid for hardware, software and/or services. It may provide a general or very detailed specification of the system.

1. (business) RFP - Request for Proposal.
2.
 and renewal requests. The company, headquartered in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA, can be reached at 415.277.5600. Take a tour of the BenefitPoint Product Demo and Contact Us through the corporate website at www.benefitpoint.com.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 17, 2003
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