Introducing Workstream Total Benefits

Maitland, FL - September 24, 2009: Workstream, Inc. announces the official release of Workstream Total Benefits, Workstream’s new Integrated Knowledge Management, Benefits Enrollment, and Total Rewards Solution. Built upon Workstream’s patented Communicator platform and leveraging proven total rewards, benefits portal, and benefits enrollment capabilities Workstream Total Benefits is a leap forward for the employee benefits software market. With Workstream’s Total Benefits solution, organizations’ can cost effectively streamline their benefits administration process, create a more satisfying employee experience, and reduce the need for costly and cumbersome third party support.

“As organizations seek to reduce administrative costs and manual effort within their benefit departments, they too often are left with unsatisfying options that either drive up total cost or decrease the overall experience for the employees. We sought to create a solution where the benefits to the employees were just as great as they were to the benefits department and human resources. Given the outstanding knowledge management capabilities of Workstream Communicator and the quality of our of total reward and benefits enrollment solutions the creation of a single integrated total benefits delivery product was a natural choice for us. Workstream Total Benefits extends the reach of our TalentCenter suite of solutions and helps us further our commitment to being the hire to retire choice of organizations that place a premium value on workforce engagement.” S. Austin Muzumdar, Manager of Product Marketing at Workstream.

Workstream Total Benefits facilitates rapid research and comparisons of all health and welfare benefits, helping employees make more educated benefit decisions both pre and post enrollment. They can also access near real time updates on all of their employer provided benefits such as 401Ks, pension plans, deferred compensation plans, direct compensation, health benefits, work life balance benefits, and any other variety of benefit the organization wishes to display within the intuitive on-line total rewards tool. The employer benefits from a streamlined paperless enrollment process, simplified data management with carriers and third party administrators, decreased call volume to the HR service centers, a reduction in the number of issues and complaints from employees, and a more engaged and motivated workforce who benefit from a greater recognition of the total value of employment.

Product Snapshot: Workstream Total Benefits

Description: Integrated Knowledge Management, Benefits Enrollment, and Total Rewards Solution

Value Proposition:

• Complete benefit workflow in 3 easy steps – Research, Enroll, & Review
• Enable more educated benefit decisions
• Increase retention and satisfaction with greater appreciation of total compensation
• Reduce the need for costly and cumbersome third-party support
• Streamline benefits process and reduce internal costs

Key Features:

• 100% compliance with HIPAA standards
• Dynamically personalized content management
• Near real-time integration updates from third-party providers
• Rapid non-technical authoring and configuration
• Seamless integration with existing portals

View of Product:

• Portal Home:
  
• Comparing Plans:
  
• Total Rewards Summary: