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BenefitPoint Rolls Out Premier Training Solution; BenefitPoint Enhances Live Training With Interactive Web Classes and Self-Paced Learning Saving Customers Time and Money.


Business Editors

SAN FRANCISCO--(BUSINESS WIRE)--June 19, 2000

BenefitPoint, Inc., the first employee benefits infrastructure company for the distribution and management of group insurance and financial products, recently launched its state-of-the-art training program that provides BenefitPoint customers with highly personalized per·son·al·ize  
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.

2. To attribute human or personal qualities to; personify.
, cost-effective training.

BenefitPoint's comprehensive, customized training program offers carriers and brokers varying levels of support through a combination of hands-on training and web-based courses. The program is designed to be useful for experienced and novice computer and Internet users Internet user ninternauta m/f

Internet user Internet ninternaute m/f 
. The complete training program takes a three-pronged approach that includes onsite sessions, live webcast tutorials and self-paced web-based training. The rich menu of training alternatives makes it easy for users to choose the training modality modality /mo·dal·i·ty/ (mo-dal´i-te)
1. a method of application of, or the employment of, any therapeutic agent, especially a physical agent.

2.
 that works best for them:


      1)  Onsite. BenefitPoint account managers provide hands-on
        instruction in how to use and apply the BenefitPoint solution.
        Because these sessions are typically held at their own
        offices, customers can begin to apply the skills they've
        learned to their actual work immediately, typically on the
        same day. At the end of the session, account managers and
        customers identify training needs and outline a plan for
        customized, subsequent training via the Web.

      2)  Webcast. Customers continue to learn about and practice using
        the features of the BenefitPoint solution at regular intervals
        after the initial training, using live and recorded webcast
        tutorials. The tutorials are interactive, instructor-led
        classes delivered over the Internet. Customers enroll for
        classes in advance and can watch demos, view slide shows and
        practice new skills. "Webcasts are also a powerful tool for
        giving people up-to-the-minute information about new product
        features," says Ceil Tilney, Director of Education Services at
        BenefitPoint. "Customer are excited about using webcasts to
        bring geographically dispersed offices into the same virtual
        room for ad hoc meetings and information sharing."

        Using webcasts, customers can interact in real time with
        BenefitPoint instructors via online chat, e-mail, or through a
        telephone dial-up connection. Webcast classes can be recorded,
        so that they're also available online for repeat training or
        for employees who missed the initial training. BenefitPoint
        has partnered with Centra Software to provide state-of-the-art
        webcast capabilities.

      3)  On-line. Customers can review and practice BenefitPoint
        product functionality 24 hours a day, 7 days a week, using
        BenefitPoint's web-based self-paced training. This part of
        BenefitPoint's training program is ideally suited for
        customers who want to learn new features on their own
        schedule, or who need a quick refresher course on specific
        skills. Tilney notes that self-paced training also lets
        customers bring new employees up to speed more quickly, since
        the company doesn't have to wait for a scheduled training
        session to run. BenefitPoint has partnered with DigitalThink
        to provide state of the art web-based self-paced training
        products.


BenefitPoint Offers Substantial Cost Savings Over Traditional Training

Traditionally, companies train their employees on new systems in one of two ways. Employees either attend classes onsite that are taught by a traveling crew of company instructors, or they travel to classes at a large, centralized cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 training. Both approaches are costly in terms of time away from work and travel expenses.

Industry research has shown savings of as much as 67% over classroom training in companies that use web-based training solutions. BenefitPoint estimates that the cost of training all of its customers in a traditional classroom would be three times higher than web-based training. What's more, training industry studies suggest that customized training delivered through the Internet results in better comprehension comprehension

Act of or capacity for grasping with the intellect. The term is most often used in connection with tests of reading skills and language abilities, though other abilities (e.g., mathematical reasoning) may also be examined.
 and retention rates for employees as compared with traditional training.

"Because we deliver our solution to carriers and brokers through a variety of media, including in-person traditional classes, we're able to help our customers make the leap from confusion to competence far more quickly than they'd be able to using traditional classroom training alone," says Tilney. "New technologies are making major advances in training effectiveness possible. BenefitPoint's use of traditional and web-based training lets customers easily learn new systems at their desktops, applying their skills to their own data and addressing questions with real-time training support. Our premier training program is designed to make the best use of our customers' valuable time."

As Easy As One, Two, Three

BenefitPoint's web-based training, like the web-hosted BenefitPoint system itself, requires only that users have:

1. An email address See Internet address. ;

2. Internet access See how to access the Internet. ; and,

3. A web-browser.

In addition to the comprehensive training included in the price of its product, BenefitPoint's Education Services team can also produce custom training solutions.

About BenefitPoint, Inc.

BenefitPoint, Inc. delivers the leading Internet-based employee benefits infrastructure for the distribution and management of group insurance and financial products. As the central nervous system of the employee benefits industry, BenefitPoint provides a complete set of b2b services enabling benefits professionals to manage the entire group health insurance and benefits lifecycle. Building on the existing industry relationships among carriers, brokers, employers, and employees, the BenefitPoint solution combines the efficiency of the Internet with the established distribution model of the insurance industry to eliminate paper (saving everyone time and money), to make it possible to deliver more products and services (giving everyone more choices), and to make better information available (enabling everyone to make better decisions).

Releasing its first solution in December 1999, BenefitPoint has already received widespread industry adoption from regional and national insurance carriers as well as from more than 105 of the leading U.S.-based 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
.

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 415.837.4120 or at www.benefitpoint.com. BenefitPoint, Inc. is privately held.

About Centra

Centra (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: CTRA CTRA Canadian Therapeutic Recreation Association
CTRA College Terrace Residents' Association
CTRA Canadian Telecommunications Resellers Alliance
CTRA Committee To Restore America
) is the leader in software and services for live eLearning and Internet business collaboration. Centra's solutions include Centra 99, an enterprise Internet application for virtual classrooms, online presentations and Web meetings; and the innovative CentraNow Web meeting service. Centra's customers include Fortune 1000 companies such as American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. , Exxon, Mobil, Nationwide, Compaq, Standard Insurance, Sony, and MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device.

(2) (Microwave Communications Inc.
 Worldcom. Centra has business and software partnerships with PricewaterhouseCoopers, Deloitte Consulting, Microsoft and Global Knowledge. Headquartered in Boston's technology corridor, Centra can be reached at (781) 861-7000 or at www.centra.com.

About DigitalThink

DigitalThink (NASDAQ: DTHK) is a leading provider of e-learning solutions to Fortune 1000 companies. DigitalThink offers a 100% Internet-based solution that combines course content aligned with business objectives, a compelling, results-oriented e-learning experience, reporting tools that allow easy tracking and ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  measurement, and fully integrated technologies that are completely outsourced. DigitalThink e-learning solutions are already at work boosting employee efficiency, fostering customer loyalty and improving sales channel performance at smart companies such as KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm)
KPMG Kaiser Permanente Medical Group
KPMG Keiner Prüft Mehr Genau (German)
KPMG Kommen Prüfen Meckern Gehen
 Consulting, Tenet Healthcare Tenet Healthcare Corporation (THC) is an operating company that owns and operates 57 hospitals in the United States [1]. It is based in Dallas, Texas. Its stock ticker symbol on the New York Stock Exchange is NYSE: THC. , Charles Schwab Charles Schwab can refer to:
  • Charles M. Schwab, founder of Bethlehem Steel.
  • Charles R. Schwab, founder of the brokerage.
  • Charles Schwab Corporation, the brokerage.
, Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation).
Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006.
, Adobe Systems Adobe Systems Incorporated (pronounced a-DOE-bee IPA: /əˈdoʊbiː/) (NASDAQ: ADBE) (LSE: ABS) is an American computer software company headquartered in San Jose, California, USA. , and Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank . DigitalThink, headquartered in San Francisco, CA, can be reached at (415) 625-4000 or at www.digitalthink.com.

BenefitPoint is a trademark of BenefitPoint, Inc. All other company and product names mentioned here are trademarks of their respective owners.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Geographic Code:1USA
Date:Jun 19, 2000
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