As we talk to brokers and partners, one of the recurring themes is that differentiation from competitors is tough in the employee benefits industry. To lighten the topic a bit, we posted an informal poll on LinkedIn. You can find it here.
In reality, of course, overcoming various challenges is daunting. The market is saturated, and add to that, competition drives down price margins. A mix of new and old systems don’t talk to each other, which makes it operationally difficult to run a business. What’s more, these technological limitations overburden staff and make it hard to provide the level of customer service that can set you apart.
Resolving Operational and Service Issues
With all the technological advances today, it’s not surprising that this is also the answer in the employee benefits industry. What if one software solution could serve as the hub to connect the plethora of disjointed systems?
That’s the premise behind Soluta. Our network and platform were created to integrate legacy and modern systems to sync enrollment and premium to enable consolidated billing, automated reconciliation and commission management. In doing so, we remove a huge administrative burden and allow your team to refocus their efforts on other key areas of the business.
What Does This Have to Do with Differentiation?
By fine-tuning technology and operations, you can concentrate your efforts on expanding lines of coverage and providing unparalleled customer service. While your competitors are still struggling, this positions you to differentiate your business through an unbeatable combination of products and services. Not only that, but your company also realizes operational cost savings, growth in sales and market share, and increased revenue.
How To Get Started
Learn more about Soluta or contact us to find out how your business can differentiate itself from competitors.
The Soluta Network is changing how benefits billing gets done.
