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Benefits Governance is the practice of controlling or managing your benefits. Are you in control of your data? Where is it – in multiple locations, in multiple formats? It would be difficult to control or govern employee benefits without a central repository of benefits information. Over a decade ago, HighRoads designed technology to serve as one system of record to control employee benefits. This system doesn't store employee information, but contains all the program, plan design, financial, regulatory and contract information necessary to offer employees their benefits. The system is smart enough to leverage the data it stores across all relevant documents and processes. The system is powerful enough to streamline and confirm regulatory and global compliance.
The reason so many leading organizations turn to HighRoads is to be more efficient and reduce cost and errors. By eliminating the wasted effort of manually updating documents, clients are able to make a change once in the system and it updates all relevant documents.
Click on the video here to see for yourself how it works.
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