PrismHR, the leading HR technology software powering payroll, benefits and HR for small and medium-sized businesses across the U.S., announced that Compass Consulting Group, LLC is now offering its benefit plan design programs to PrismHR’s network of HR service providers through the PrismHR Marketplace.
Compass is a recognized leader in the design and operation of employee benefits plans for professional employer organizations (PEOs) nationwide and provides in-depth consultation for issues such as healthcare reform, medical renewals, and advanced claims and risk assessment analyses using its proprietary risk management programs. Service providers can access Compass’ services directly from the PrismHR platform for more timely and actionable information regarding their plan performance.
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Services include:
Optimizing existing master plans
Refining internal competencies in master plan management
Establishing new master plans and developing strong management competencies
Enhancing an existing master plan with better national or targeted regional reach
Providing additional sustainable healthcare solutions tailored for the unique needs of each service provider.
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“It’s exciting for Compass to work with a strategic partner that’s as capable and passionate about the PEO industry as PrismHR,” said Matthew Weaver, Director of Strategy and Development at Compass Consulting Group. “We have always looked to align ourselves with fellow industry leaders to better serve our clients and drive PEOs forward. This partnership allows us to collaborate and provide value to our joint clients through data integration and marketplace positioning. We look forward to deploying our combined expertise to create unique solutions that positively impact the client’s ability to grow and manage profitability.”
“Compass’s broad range of consulting services will be a tremendous asset to our HR service providers,” said Tim Pratte, Senior Vice President of Customer Success at PrismHR. “Our service providers have been asking for expert assistance and guidance in employee benefits plan design, risk management and cost reduction strategies, and we’re pleased to offer Compass’ services as part of PrismHR Marketplace.”
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