Expanding Digital Platform BASIC continuously upgrades its benefits platform, including launching feature-rich solutions like single sign-on and medical travel accounts. This demonstrates a focus on user experience and innovation, presenting opportunities to offer complementary technology integrations or advanced cybersecurity services.
Diverse Benefit Offerings With a broad range of employee benefit management services such as HSAs, FSAs, HRAs, COBRA, and new benefit accounts, BASIC caters to comprehensive HR compliance needs. Potential sales avenues include offering specialized compliance tools, integration solutions, or expanded benefits administration services to meet evolving client demands.
Recent Compliance Focus Recent news highlights challenges related to ERISA compliance, implying a need for advanced compliance support and consulting. This creates opportunities to introduce specialized legal and regulatory compliance solutions, training, or consulting services tailored to HR and benefits professionals.
Industry & Geographic Focus Located in Akron, Ohio, and operating within the HR services industry, BASIC can leverage its regional presence to build strategic partnerships with local HR consulting firms, insurance providers, and technology vendors, thereby expanding service offerings and market reach.