Market Research Report: PlanSource
Company Overview
PlanSource Information
- Name: PlanSource
- Mission: Helping people live happier, healthier lives by maximizing the benefits of their benefits.
- Founded: 2008
- Key People:
- Mike Morini, Chief Executive Officer
- Alan Primeaux, Chief Operating Officer
- Ewan Auguste, Chief Marketing Officer
- Jennifer Zador, General Counsel & Chief Compliance Officer
- Madhu Venkatarajan, Country Head & VP (R&D), PlanSource India
- Phil Carollo, President, Sales
- Sharon Brand, Chief People Officer
- Srinivasan (Srini) Venkatramani, Chief Product and Technology Officer
- Headquarters: 122 W. Pine Street, Suite 203, Orlando, FL 32801
- Number of Employees: 800+
- Revenue: No information is available.
- Notable: PlanSource is known for automating and simplifying employee benefits programs, providing HR teams with tools to make smarter, more confident benefits decisions.
Products & Services
Product Offerings
- Core PlanSource Products:
- Benefits Administration Technology
- Features: Automates benefit selection and enrollment processes, integrates with payroll and other HR systems.
- IQ Suite
- DependentIQ: AI-driven eligibility verification.
- DecisionIQ: AI-based decision support for benefit recommendations.
- InsightsIQ: Data visualization for benefits insights.
- The Source
- Description: An employee engagement platform.
- Key Features: Mobile access to benefits information, personalized communications, enrollment, access to payroll, and HR documents.
- Managed Services
- Features: Employee contact center, billing reconciliation, COBRA administration, HSA/FSA/HRA administration, custom communications, and ACA compliance add-on services.
- Carrier Integration – PlanSource Boost
- Features: Modern API integrations, preferred pricing, optimized employee shopping experience, simplified self-billing.
Recent Developments
New Product Launches and Feature Enhancements
- AI Virtual Assistant & Payroll Solutions:
- Launched: August 27, 2024
- Product: Olive, a new AI assistant powered by ChatGPT4.
- Features: Tailored communications for HR professionals, improved payroll and carrier integrations.
- General Counsel & Chief Compliance Officer Appointment:
- Date: August 6, 2024
- Name: Jennifer Zador
- Role: Drives legal strategy at PlanSource.
- New CEO Appointment:
- Date: June 25, 2024
- Name: Mike Morini
- Background: Former CEO of WorkForce Software, focus on customer-centric leadership and operational excellence.
Key Partnerships
- Synergos360 Partnership:
- Announced: June 11, 2024
- Details: Offering PlanSource's Benefits Engagement and Communication Platform to clients.
- RT Consulting Partnership:
- Announced: November 15, 2023
- Details: Exclusive reseller partnership for Benefits Engagement Platform.
Note: This report is based on available data and does not include unauthorized information. Any requests for further details or documents should be addressed to PlanSource Media Contacts.