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Authoria's Annual Enrollment Solution Streamlines Communication During Annual Benefits Sign Up Period

New Software Reduces Development Time and Communication Costs By Up To 80%

Waltham, MA – April 30, 2003 – 

Authoria, Inc., the world leader in personalized, Web-based human resource communication, today announced the general availability of the Authoria Annual Enrollment solution that streamlines the employee benefits annual enrollment process for Global 2000 companies. Authoria is introducing its Annual Enrollment solution at a time when employee health benefit costs are continuing to skyrocket, taking up a growing portion of many companies' annual operating budgets. As health costs continue to rise, companies are looking to automate the annual enrollment process to help reduce their transactional costs while delivering more options and better service to employees. Once deployed, the Authoria Annual Enrollment solution is designed to deliver a faster and more effective enrollment experience for employees.

"The difficulty in manually administering an annual enrollment period is that the more choices companies offer their employees, the more communications challenges are created for the employer," said Tod Loofbourrow, president and CEO of Authoria. "The Authoria Annual Enrollment solution will give Global 2000 corporations the tools they need to better manage the communication of employee benefit options and bring order to this historically unwieldy process."

Traditionally the annual enrollment period, which occurs between October and December each year, is one of the most stressful, challenging and costly times for HR professionals. Organizations often begin planning for the upcoming period immediately after the previous one has been completed. During this time, it is not uncommon for large organizations to distribute information about hundreds of different benefit plans to dozens of different employee groups. This often becomes both unmanageable for the employer and overwhelming for the employee. By contrast, the Authoria Annual Enrollment solution will provide employees with a fast and secure self-service solution, delivered through their existing HR or corporate portal. The employees' benefit options are personalized, organized and delivered in the clear, easy-to-understand language that Authoria integrates into all of its products. Specific features of the Authoria Annual Enrollment solution include:

  • Authoria HR
  • Authoria Savings Plan Information
  • Business Process and HR Benefits Information Taxonomy --
  • Side-by-Side Plan Comparisons --
  • Streamlined Implementation Process --

Authoria has delivered annual enrollment capabilities with its comprehensive benefits management application, Authoria HR, since 1998. In 2002, nearly 1,000,000 employees used Authoria HR during their annual enrollment period. As a stand alone product, the Authoria Annual Enrollment solution is ideal for companies that want to provide online benefits knowledge to support a self-service annual enrollment by connecting to an existing HRMS or ERP implementation. The product also allows HR professionals to solve a specific, costly problem without affecting other aspects of their business. This targeted approach can provide immediate ROI by eliminating the headaches and costs associated with manually administering an annual enrollment program. Recent analyst reports have stated a reduction in communication costs by as much as 60 to 80 percent.

Pricing and Availability

Pricing for the Authoria Annual Enrollment solution is based on employee size and is available immediately.

About Authoria

Authoria is the world leader in personalized, Web-based human resource communication. Authoria HR is the knowledge application standard in the software industry. Over one hundred organizations worldwide rely on Authoria to dramatically improve employee communication while streamlining costs. Authoria's knowledge applications manage and communicate human resource information to millions of people at some of the world's largest companies, including Boeing, Motorola and Wells Fargo. Among Authoria's partners are industry-leaders PeopleSoft, Towers Perrin, IBM BCS and Accenture. Based in Waltham, MA, Authoria has been ranked three times by Inc. Magazine as one of America's fastest-growing private companies and has been recognized by Deloitte & Touche in the New England Fast 50 four times and the National Fast 500 twice. For more information, please visit www.authoria.com.

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Note to editors: Authoria, Authoria eSPD, Authoria HR, Authoria Outsourcer, Authoria HR UK Benefits, Authoria HR UK Policies and "Personalized questions. Personalized answers" are trademarks or registered trademarks of Authoria, Inc. in the United States and other countries. All other product names and references contained herein remain the service marks, trademarks or registered trademarks of their respective owners.

For more information:

David Fleming
Authoria
781-530-2040
david.fleming@authoria.com

Tim King
Schwartz Communications
(781) 684-0770
authoria@schwartz-pr.com

Health and Welfare Information -- Comprehensive collection of Authoria HR knowledge, including easily personalized content on topics such as medical, dental, life insurance, vision, business travel and accident, healthcare spending account and long term disability plans. -- Customizable HR knowledge about 401(k), 403(b), profit sharing and other stock purchase plans. Authoria's proven methodology for communicating, organizing and distributing benefits information provides an immediate resource for best practice polices and procedures. Instant online plan comparisons for employees to create custom views and side-by-side comparisons of the plans they are eligible for. Available dedicated support services and partner delivered development services to insure faster time to market, increasing the project's ROI.