SANTA BARBARA, Calif., Oct. 8, 2003 (PRIMEZONE) -- Benefit Software Inc. (www.bsiweb.com), developer of Fringe Facts(r) Communicator software, helps First Federal, a company held by Northeast Pennsylvania Financial Corp. (Nasdaq:NEPF), communicate the high cost of health insurance and other benefits with personalized employee benefit statements.
Dawn Storaska, HR Administrator for First Federal, uses Fringe Facts Communicator to produce printed benefit statements for the bank's 270 employees in 17 locations in the state of Pennsylvania.
Mrs. Storaska said, "Historically, we have outsourced our benefit statement projects. We analyzed this cost over time and realized that purchasing Fringe Facts Communicator to produce statements in-house would be much less expensive.
"We are pleased with our decision. Fringe Facts Communicator is very easy to use, it has lots of features, and I can reprint statements at anytime. In addition, the technical support staff has been very helpful when I've had questions.
"We are able to educate our employees on their benefits and show them what the company is paying. Employees look at the statements and see that they only pay a very small percentage of their health insurance premiums. Employees are saying, 'Wow! You really pay that much for our health insurance?' It is a clear communication tool and the statements look great!"
William Smith, Business Development Director at Benefit Software said, "We are constantly looking at ways to minimize the time and effort our clients take to produce these very valuable employee benefit statements. Our latest release, version 6.2, includes many ease-of-use features designed to further reduce the time it takes our clients to produce professional quality statements.
"More importantly, we are offering first year design and printing services to our new clients so they can have the best of in-house and out source statement production options. Client's turn to us for their first year production needs and then purchase the software for their second and subsequent year's requirements. This is a particularly valuable option for those clients that need to produce statements but don't currently have the HR resources to complete the tasks in-house."
Fringe Facts Communicator, part of the Fringe Facts suite of products and services offered by Benefit Software Inc., continues to be the fastest, easiest, and most cost-effective way to provide benefit statements. Investing in Fringe Facts Communicator should be seriously considered by any organization that is seeking an affordable, easy-to-implement solution to communicate benefits.
About First Federal
Northeast Pennsylvania Financial Corp. (Nasdaq:NEPF) is the holding company of First Federal Bank, Higgins Insurance Associates, Inc., Abstractors Inc. and Northeast Pennsylvania Trust Co. The Company, through its subsidiaries, serves Northeastern and Central Pennsylvania through its sixteen full service community office locations and 4 locations offering specialized services.
About Benefit Software Inc.
Benefit Software Inc. (BSI) enables companies to offer employee self-service benefit enrollment, information, and employer administration; including billing, reconciliation and communication between HRIS, payroll and insurance carriers. Fringe Facts Online services are delivered as hosted applications, comprehensive to the benefit package of the employer, including core and voluntary benefits. BSI delivers advanced software solutions that manage benefit communications and workers' compensation claims. For more information, visit www.bsiweb.com.