State of Nevada Public Employees' Benefits Program (PEBP) Selects Benefitfocus for Employee Enrollment Benefits Management System Modernization
CHARLESTON, S.C., Aug. 9, 2021 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), a leading technology platform provider enabling rapid innovation for employers, health plans and consumers, today announces it is supporting the State of Nevada's efforts to modernize its eligibility and enrollment benefits management system. The state's Public Employees' Benefits Program (PEBP) selected a partnership including Benefitfocus and led by LSI, a Massachusetts-based full-service SAP Technology Solution.
By selecting the fully integrated Benefitfocus solution, PEBP will seamlessly integrate with the State's SMART21 – SAP S4 based Enterprise ERP & Finance platform which LSI is providing to the State.
"By transforming and streamlining its employee benefits administration through our technology and services, Nevada's Public Employees' Benefits Program will be able to serve employees, retirees and administrators with contemporary benefits management and enrollment services," said Matt Levin, President & CEO, Benefitfocus. "We are thrilled to work with LSI on this project, because of our shared vision of providing proven, best-in-class, fully integrated employee benefits technology solutions to the public sector market."
The Public Employees' Benefits Program (PEBP) desired a modern and innovative solution for their 72,000 state and local employees, retirees and their families. The State was able to realize significant synergy and alignment between the SMART21 and PEBP modernization initiatives, which reduce costs and risks for the State.
"PEBP is eager to transition to a platform that will provide an enhanced member experience for our employees and retirees, as well as to allow for a more efficient, integrated approach within the State of Nevada's existing systems," said Laura Rich, Executive Officer of PEBP.
Nevada PEBP is deploying the Benefitfocus BenefitplaceTM platform for its modernization project. Benefitplace provides a single, cloud-based solution to personalize the enrollment experience and streamline benefits administration, removing the complexity for employees, retirees and administrators. It is fully integrated and supported by the SAP S4/HANA ERP, Finance, as well as the SAP SuccessFactors – Enterprise, Public Sector Employee Central CORE HR, Time & Labor, Absence Management and Payroll platforms.
"As LSI continues to expand its prime based, one-stop contracting, execution, consulting and SAP Public Sector & Higher Education offerings, establishing direct, mutually complementary based partnerships, like the one established with Benefitfocus, helps us deliver real, measurable value to the Public Sector & Higher Education marketplace," said Nader Tirandazi, Executive Vice President of LSI.
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SOURCE Benefitfocus, Inc.
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