CHARLESTON, S.C., Jan. 19, 2017 /PRNewswire/ -- Benefitfocus, Inc.
(NASDAQ: BNFT), a leading provider of cloud-based benefits
management software, today announced the BENEFITFOCUS® Marketplace
won a coveted Brandon Hall Group silver award for excellence in the
Best Advance in Compensation and Benefits category. The company's
strong culture of innovation continues to advance its popular
enterprise benefits management platform. Today, more than 825 large
employer customers use the BENEFITFOCUS® Marketplace along with the
platform's integrated portfolio of products and services to help
reign in health care costs and engage their workforces.
"As employees take on more responsibility for choosing and
paying for an increasingly complex array of health care benefits,
we're dedicated to making it easier for them to select what's most
effective for their health and financial needs," said Benefitfocus
CEO Shawn Jenkins. "We're honored to
be recognized by Brandon Hall for
our commitment to advancing technology to improve lives through
technology."
A panel of veteran, independent senior industry experts, and
Brandon Hall Group senior analysts and executives evaluated the
entries based upon the following criteria:
- Product: What was the product's breakthrough
innovation?
- Unique differentiators: What makes the product unique
and how does it differ from any competing products?
- Value proposition: What problem does the product solve
and/or what need does this product address?
- Measurable results: What are the benefits customers can
expect to experience as a result of using this product?
"We congratulate our Technology Award winners, and also thank
them for leading the way in designing and utilizing technologies
that empower organizations to enhance – and in some cases transform
– their organizations," said Rachel
Cooke, Chief Operating Officer of Brandon Hall Group and
head of the awards program. "Our research shows that Human Capital
Management technology is a primary driver of innovation, and our
award-winning organizations serve as models of success."
"Another significant finding of our research is the importance
of optimizing the employee experience as a driver of engagement and
retention," said Brandon Hall Group CEO Mike Cooke. "The technology user experience
plays an increasingly large role in shaping the employee
experience, and these award winners are creating leading practices
that deserve validation and recognition."
The BENEFITFOCUS® Marketplace was also named a winner in two
separate categories – health care and enterprise software – in Best
in Biz Awards, the only independent business awards program judged
by members of the press and industry analysts. Winners of Best in
Biz Awards 2016 were determined based on scoring from an
independent panel of 50 judges from widely known newspapers,
business, consumer and technology publications, TV outlets, and
analyst firms.
Learn more about Benefitfocus' solutions at
www.benefitfocus.com/solutions.
About Benefitfocus
Benefitfocus (NASDAQ: BNFT) provides a leading cloud-based
benefits management platform that simplifies how organizations and
individuals shop for, enroll in, manage and exchange
benefits. Every day leading employers, insurance companies and
the consumers they serve rely on our platform to manage, scale and
exchange benefits data seamlessly. In an increasingly complex
benefits landscape, we bring order to chaos so our clients and
their employees have access to better information, make better
decisions and lead better lives. Learn more at
www.benefitfocus.com, LinkedIn and Twitter.
About Brandon Hall Group, Inc.
With more than 10,000 clients globally and 20 years of
delivering world class research and advisory services, Brandon Hall
Group is the most well-known and established research organization
in the performance improvement industry. We conduct research that
drives performance, and provides strategic insights for executives
and practitioners responsible for growth and business results.
Brandon Hall Group has an extensive repository of thought
leadership, research and expertise in Learning and Development,
Talent Management, Leadership Development, Talent Acquisition and
Human Resources. At the core of our offerings is a Membership
Program that Empowers Excellence Through Content, Collaboration and
Community. Our members have access to research that helps them make
the right decisions about people, processes, and systems, combined
with research-powered advisory services customized to their needs.
(www.brandonhall.com)
Except for historical information, all of the statements,
expectations, and assumptions contained in this press release are
forward-looking statements. Actual results might differ materially
from those explicit or implicit in the forward-looking statements.
Important factors that could cause actual results to differ
materially include: the need to innovate and provide useful
products and services; changes in government regulations; the
immature and volatile nature of the market for our products and
services and other factors that could impact our anticipated
growth; management of growth; fluctuations in our financial
results; general economic risks; reliance on key personnel; our
ability to compete effectively; our ability to maintain our culture
and recruit and retain qualified personnel; privacy, security and
other risks associated with our business; and the other risk
factors set forth from time to time in our SEC filings, copies of
which are available free of charge within the Investor Relations
section of the Benefitfocus website at
http://investor.benefitfocus.com/sec.cfm or upon request
from our investor relations department. Benefitfocus assumes no
obligation and does not intend to update these forward-looking
statements, except as required by law.
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SOURCE Benefitfocus, Inc.