–National employee benefits advisory announces new ACA reporting and
compliance tool–
CLEVELAND--(BUSINESS WIRE)--Dec. 22, 2014--
CBIZ,
Inc. (NYSE: CBZ), one of the nation’s largest providers of employee
benefits and insurance advisory services, is proud to announce CBIZ ACA
CheckPoint, a platform offering the advanced availability of ACA
reporting and compliance tools and expertise, powered by SyncStream
Solutions, LLC.
The partnership with SyncStream Solutions will provide CBIZ clients with
access to ACA reporting and compliance knowledge, ACA collateral and
education materials and the new CBIZ-branded web-based technology tool,
CBIZ ACA CheckPoint, an integrated management tool designed to provide
continually updated ACA monitoring, reporting and documentation.
Intended to minimize companies’ compliance risk, CBIZ ACA CheckPoint
allows CBIZ clients to analyze, manage, track and report employee data
in accordance with the Affordable Care Act’s (ACA) Employer Shared
Responsibility Requirements. The tool allows CBIZ Employee Benefits and
CBIZ Payroll clients to count full-time and full-time equivalent (FTE)
employees to determine Applicable Large Employer (ALE) status, while
managing and tracking measurement periods at multiple levels, employee
status and offers of coverage.
Employers can track employee hours to aid in complying with reporting
requirements and determine if their health care plan is affordable, as
defined by the ACA. With new regulations coming into effect in 2015,
such as Employer Shared Responsibility, employers will be faced with
several reporting and compliance issues that CBIZ ACA CheckPoint can
help alleviate.
“To avoid tax liabilities, penalties or other compliance-related
distress, employers need to be attentive to the ACA reporting
requirements in 2015 and beyond,” says Jim King, Vice President and COO
of CBIZ Employee Benefits. “The partnership with SyncStream will provide
CBIZ clients increased depth in both ACA knowledge and technology tools
to help them address concerns and challenges related to ACA compliance
and reporting while providing the ability to access, monitor and manage
their workforce data in real time.”
Follow CBIZ on Twitter at @CBZ
or on Facebook.
About CBIZ, Inc.
CBIZ, Inc. provides professional business services that help clients
better manage their finances and employees. CBIZ provides its clients
with financial services including accounting, tax, financial advisory,
government health care consulting, risk advisory, real estate
consulting, and valuation services. Employee services include employee
benefits consulting, property and casualty insurance, retirement plan
consulting, payroll, life insurance, HR consulting, and executive
recruitment. As one of the largest accounting, insurance brokerage and
valuation companies in the United States, the Company’s services are
provided through 100 Company offices in 34 states. http://www.cbiz.com
About SyncStream Solutions, LLC.
SyncStream Solutions, LLC is an innovating software development and
consultation company that specializes in providing solutions related to
the Affordable Care Act. SyncStream provides solutions for employers and
their trusted advisors to understand the complexities of the Affordable
Care Act and assist in making well-informed, tactical decisions. The ACA
Dashboard, offered by SyncStream Solutions, is an industry-leading
product which allows an employer to document and track all of the
necessary compliance information for IRS reporting. To learn more about
SyncStream and our products, visit our website at www.sync-stream.com
or call 877-291-9256.
Source: CBIZ, Inc.
Gregory
FCA for CBIZ,
Inc.
Jimmy Moock
Desk: 610-228-2125
Cell: 610-348-7849
jimmy@gregoryfca.com
