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HROTG_Autumn_2013

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2014 Resource Guide Benefits Consulting WHAT YOU NEED TO KNOW: According to the advisory and research firm Everest Group, the global benefits administration outsourcing market is growing at a rate of 13 per cent this year, and has crossed the $6.1 billion mark. Benefits programme design, cost containment, enrollment, actuarial analysis, and full-service benefits administration are the core contribution of benefits consulting providers. Other areas of focus include healthcare strategy and plans, retirement plan design, life insurance, long-term and disability selection of plan providers and administrators, and wealth benefits. COMPANY URL REACH OTHER SERVICES Alexander Forbes www.alexanderforbes.co.za EU F&A Bcerta www.bcerta.com EU BNY Mellon www.bynmellon.com EU Capita www.capitaemployeebenefits.co.uk EU Jardine Lloyd Thompson Group www.jltgroup.com EU Partena www.bepartena.be EU Fidelity www.fidelity.com Global Generali www.generali.com Global Glass Bead Consulting www.glassbeadconsulting.com Global Towers Watson www.towerswatson.com Global B, IT EH, HB, HRM, IT, P, REC, REL, SCR, T&D, WEL, HRIS, I Financial Services, Accounting & Research Analysts WHAT YOU NEED TO KNOW: Cost reduction and driving process efficiency are main factors encouraging interest in outsourcing financial services reports Ovum Research. In fact, the group found the number of F&A outsourcing projects valued at $1 million or more increased in 2012 compared to the year before. Financial and administrative outsourcing services include accounts payable, accounts receivable, claims processing, credit and collections, general accounting, financial management, financial reporting and risk management, investor relations, payroll and expense management, recovery audit, tax management, and treasury and investment management. Financial firms manage investments in market securities and/or invest in HRO provider. Analysts from these firms write reports that reflect stock and valuation trends within the industry. COMPANY REACH Itella Information www.itella.com EU Pantheon Financial www.pantheonfinancial.co.uk EU Platin Outsourcing www.platinoutsourcing.com EU TAK-Outsourcing Ltd www.tak-outsourcing.com EU Webster Buccanan www.websterb.com EU AirPlus International [46] URL www.airplus.com Global HRO TODAY GLOBAL | AUTUMN 2013 OTHER SERVICES P

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