BenSoft Teams with WiredCommute to Launch New Service for Providers of Pre-Tax Transportation Benefit Plans; Expanded Solution Gives Third Party Administrators and Employers Full Range of Commuter Products for Employees.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- BenSoft, Inc., the leading provider of automated flexible spending account flexible spending account, n an employee reimbursement account primarily funded with employee-designated salary reductions. Funds are reimbursed to the employee for health care (medical and/or dental), dependent care, and/or legal expenses and are software, today announced a partnership with WiredCommute, a North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. subsidiary of Accor Services. The agreement calls for the delivery of an expanded flexible spending account program that includes a full range of commuter products, including fare cards, transit vouchers, direct pay parking, and parking vouchers. Architected as a Web-based service with no additional software to install or maintain, this flexible spending account service is available today for Third Party Administrators and businesses wishing to extend Section 132(f) commuter benefits Commuter benefits is the common description of what the Internal Revenue Service calls "Qualified Transportation Fringe Benefits" (QTFB) or Section 132(f). The [IRS Final Regulations on Qualified Transportation Fringe Benefits] may be found at [1] to their employees. With the new offering, participants can use their pre-tax funds from their flexible spending accounts to purchase WiredCommute products online and have them delivered directly to their home address each month. BenSoft has developed a common platform for the WiredCommute transportation benefits administration program. By automating this program, the delay in claims processing has been eliminated and plan administrators have instant access and updates to flexible spending account balances and activity. Further, administrators can eliminate or dramatically reduce costs associated with manual administration of transportation benefits. "We are committed to providing our TPA (Transient Program Area) See transient area. TPA - Transient Program Area and corporate customers the most comprehensive and cost-effective transportation benefits program available today, and our collaboration with RepayMe has allowed us to meet their growing needs," said Gerard Bridi, president of WiredCommute. "By integrating the real-time, Web-based flexible spending account program provided by RepayMe, our customer experience becomes even more simple, convenient, and easy to use." "Vital to our success and our customers' success is the selection of partner organizations who strive to deliver world-class products and practices to their customers," commented Tom Horan Thomas Patrick Horan (born March 8 1854 in Midleton, County Cork, Ireland - died April 16 1916 in Malvern, Melbourne, Victoria) was an Australian cricketer, and later cricket journalist. Horan emigrated to Australia with his parents and siblings at a young age. , BenSoft's founder and 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. . "WiredCommute is the clear leader in transportation benefit services and offers the expertise, technology, and flexibility to meet the needs of progressive businesses." About WiredCommute WiredCommute is a North American subsidiary of Accor Services, a $9 billion global leader in providing employee services to more than 19 million people daily in 34 countries. WiredCommute is the only company nationwide that is dedicated solely to the specialty of transportation benefits, and serves more than 245,000 participants on a monthly basis. Founded in 1999, WiredCommute has offices in Boston, Chicago, and 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 . About BenSoft, Inc. Founded in 1991 and headquartered in San Diego, BenSoft develops and markets RepayMe.com, an ASP-based flexible benefits administration software solution designed specifically for Third Party Administrators and self-administrating employers seeking a cost-effective reimbursement account administration solution. RepayMe is the 100% Web-based software solution that provides integrated real-time debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. options, online Participant Claim Entry, Employee Self-Service, Employer Self-Service, and a Business Processing Outsourcing (BPO BPO Business Process Outsourcing BPO Benevolent & Protective Order (of Elks of the USA) BPO Benzoyl Peroxide BPO Business Process Optimization BPO Broker Price Opinions BPO Buffalo Philharmonic Orchestra ) option for FSA/HRA/HSA administration. BenSoft provides innovative benefits solutions to companies supporting 250 to over 250,000 employees. BenSoft and RepayMe are registered trademarks of BenSoft, Inc. Other company and product names may be trademarks of their respective owners. |
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