Chicago-based bswift to Provide Benefits Administration Services to William Blair & Company, L.L.C. and EmPower HR : bswift Press Release

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Chicago-based bswift to Provide Benefits Administration Services to William Blair & Company, L.L.C. and EmPower HR

CHICAGO, IL — Friday, October 13th, 2000


bswift, a leader in Internet-based Human Resources (HR) and benefits administration services, has entered into agreements with William Blair & Company, L.L.C. and EmPower HR, two major Chicago employers, to develop tailored Web portals for their HR staff and employees.

In today’s tight labor market, with skyrocketing healthcare costs, employers are seeking new ways to enhance employee benefits, improve service, and reduce administrative costs. bswift addresses these challenges with customized solutions, including benefits enrollment and administration, HR/employee communications, and voluntary benefits.

“Due to our continued growth, we have been looking for innovative ways to continue to provide superior Human Resource services to our employees in a cost efficient manner,” said Chuck Racansky, Human Resources at William Blair & Company L.L.C. “bswift has been very responsive in developing a benefits portal for our employees. The site will allow employees to access information on a broad menu of benefits, to find answers to routine benefit questions, to enroll online and to make changes in HR data on an on-going basis. With bswift’s electronic transmission of both enrollment data and changes to our carriers, we will get out of the business of paper enrollments and faxing of forms. The bottom line we expect to achieve is an increase in employee access, administrative efficiency and overall timeliness resulting in greater employee satisfaction.”

EmPower HR selected bswift after a comprehensive review of the options available in the marketplace. With the assistance of its benefits consultant, Al Frenzel of J.P. Flanagan, EmPower chose bswift based on its flexible, award-winning system and its superior customer service. “bswift is a young, energetic company with an experienced management team. I believe in bswift’s ability to deliver a system to exceed our expectations,” said Bob Cerone, President of EmPower HR. “Given that our business is completely dependent on providing world-class customer service to our clients, we cannot afford anything less than the best system available on the market.”

“We are delighted to add two such prestigious Chicago clients to our client base,” commented Tom Zorumski, President of bswift.


About William Blair & Company
William Blair & Company, L.L.C. is an employee-owned financial services firm offering investment banking, equity research, institutional and private brokerage, asset management and private capital to individual, institutional and issuing clients. Since its founding in 1935, the Chicago-based firm has been dedicated to helping its clients achieve their financial objectives by providing quality products and services.


About EmPower HR
EmPower is a Chicago based PEO (Professional Employer Organization) specializing in providing Human Resource management services to professional firms, including information technology. A PEO is a company that provides an integrated, cost-effective solution for Human Resources management, including benefits administration, HR administration, payroll and tax administration for approximately 60 clients and 1,500 employees. For more information, visit www.empowerhr.com.

About bswift
bswift is changing the world of benefits administration by combining deep expertise and a passion for technological innovation with a unique consumer-driven approach. Partnering with enterprises nationwide and serving millions of employees, bswift offers cloud-based technology and services for online enrollment, interactive decision support, ACA compliance reporting and employee engagement. bswift also provides access to consumerism, product and consulting solutions needed to build a benefits program specialized for both employers and employees alike. For more information about bswift, an Aetna company, visit www.bswift.com.

MEDIA CONTACT

Rich Gallun
877-927-9438
rgallun@bswift.com