PLYMOUTH, MA – April 16, 2014 – With landmark changes here and on the horizon for healthcare in America, the roadmap to federal compliance can be a difficult one to navigate. The Affordable Care Act (ACA) has placed new requirements on employers, many of which require advanced reporting and calculations. When you consider the PEO/client relationship, those challenges become even more difficult to overcome.
Davison recently released several new reports for HRPyramid that are specifically designed to help PEOs (Professional Employer Organization) address the complicated and challenging requirements presented by the Affordable Care Act.
These “new reports” provide data and calculations specific to the unique employer-client relationships of the PEO and ASO industry, including:
- identifying “large” employers
- determining which employees are eligible for benefits
- performing affordability calculations
“The passing of the Affordable Care Act presented many “unique challenges to the PEO industry” and to HRPyramid,” said Craig Babigian, senior vice president of product management. “We have been proactive in overcoming these obstacles, and as a result we have added features to HRPyramid which will allow our clients to be more successful and efficient, while staying compliant.”
About FW Davison & Company
FW Davison & Company creates exceptional software and services, empowering human resource outsourcing service providers such as Professional Employer Organizations (PEOs) and Administrative Service Organizations (ASOs) to deliver world-class HR, benefits, and payroll to small and medium-sized businesses. PrismHR powers more than 80,000 organizations, delivering payroll, benefits, and HR to greater than 2 million worksite employees and processing over $55 billion in payroll each year. For more information, visit www.prismhr.com.
Jonathan Wall, Vice President, Marketing
508.747.7261 x 285