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PlanSource - Benefits Administration 2022

Vendor Analysis

by Elizabeth Rennie

published on Feb 18, 2022

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Report Overview:

This NelsonHall vendor assessment analyzes PlanSource's offerings and capabilities in Benefits Administration Services.

Who is this Report for:

NelsonHall’s Benefits Administration profile on PlanSource is a comprehensive assessment of PlanSource offerings and capabilities, designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of Benefits Administration Services and identifying vendor suitability for security services RFPs
  • Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
  • Financial analysts and investors specializing in the Benefits Administration Services sector.

Scope of this Report:

The report provides a comprehensive and objective analysis of PlanSource’s Benefits Administration Services offerings and capabilities, and market and financial strengths, including:

  • Identification of the company’s strategy, emphasis, and new developments
  • Analysis of the company’s strengths, weaknesses, and outlook
  • Revenue estimates
  • Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
  • Analysis of the company’s offerings and key service components
  • Analysis of the company’s delivery organization including the location of delivery locations.

Key Findings & Highlights:

This NelsonHall vendor assessment analyzes PlanSource’s offerings and capabilities in Benefits Administration Services.

PlanSource, headquartered in Orlando, Florida, is a private company owned by Vista Equity Partners and dedicated to employee benefits technology and services. It focuses on H&W benefits. It was founded in 2008 by technology veterans to modernize how companies manage benefits and how employees gain access to benefits. It is dedicated to H&W and in 2010 launched proprietary IP, PlanSource Ben Admin. It has primarily grown its business by increasingly investing in its technology, where 94% of its business in 2021 uses its own software.  

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