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Guest Eric Parmenter

What software does it all?

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Guest Eric Parmenter

I am looking for a comprehensive employee benefit administration (pension, flex, cobra, etc.) and human resource, and payroll administration system that is contained within one package. We administer various plans for over 1,000 clients but we are using to many different systems. What is out there that would help us?

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Eric Parmenter

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I don't know of any package which "does it all" and my guess is that you will not find one.

I'm a pension specialist and I know that pensions are complex and good pension software can only be written by people who focus on pensions. Presumably the same is true for other areas (flex, cobra, HR, etc). I would be surprised to find any one software company that could specialize in so many areas and give each area the resources and priority needed to provide top of the line software.

My recommendation would be to look for the best software in each area that also provides for easy transfer in/out of data to/from other software packages.

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