Paylogix® News

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Transamerica Worksite Marketing partners with Paylogix®—relationship will provide Common Remitter® services to Transamerica customers:

(Little Rock, Ark., January 15, 2004)
Transamerica Worksite Marketing today announced a new alliance with Paylogix® to provide Common Remitter® services to Transamerica customers. The relationship will give Transamerica customers access to a state-of-the-art web-based Common Remitter® solution through Paylogix®, an established provider of unique programs to meet benfits management needs. Paylogix® will provide Transamerica customers with access to a premium administration system that allows multiple products from multiple carriers to be billed and paid through one payroll deduction slot on one bill.

Transamerica had previously offered its own Common Remitter® service—OneCheck Select—to customers. The relationship with Paylogix® will allow Transamerica to provide a more complete product for Consolidated Billing® activities. Steve Bell, Chief Marketing Officer for Transamerica Worksite Marketing, said, “This service will give our brokers immediate advantage regarding billing dilemmas with their customers and help position them for the future as more companies adopt the concept of defined contribution benefit plans and ‘benefit banks.’” Transamerica’s existing Common Remitter customers will migrate to the Paylogix® system on December 1. At that time, they will begin having on-line access to their benefits administration account. Transamerica customers that are not currently using OneCheck Select can enroll in the Paylogix® system online at www.transamericaworksite.com. The Paylogix® service will be free to all existing OneCheck Select users and to new groups that purchase one or more of Transamerica’s core products and have 500 or more eligible lives. More information about Paylogix® can be found on the internet at www.paylogix.com