Netchex announces partnership with NEXT Insurance to provide
simplified access to workers' compensation policies directly from
the Netchex platform.
COVINGTON, La., June 20,
2024 /PRNewswire-PRWeb/ -- Netchex, a leading
provider of payroll and HR software solutions is excited to
announce its latest partnership with NEXT Insurance, a leading
digital insurer transforming small business insurance, to provide
simplified access to workers' compensation policies directly within
the Netchex platform. By leveraging NEXT's digital insurance
solutions and Netchex's innovative platform, this integration will
help streamline the process of managing payroll, human resources,
and workers' compensation insurance, for improved efficiency,
accuracy, and compliance. This announcement marks a significant
step in providing Netchex clients with a seamless, automated, and
efficient solution to manage their workers' compensation needs and
ensure their insurance requirements are met.
This integration reflects our commitment to
providing our clients with the tools and resources they need to
simplify their HR processes and ensure compliance with insurance
regulations. — Will Boudreaux, CEO
of Netchex
Through this partnership, Netchex clients now have access to a
trusted option for workers' compensation coverage to cover
unexpected expenses if employees are hurt on the job, which is a
requirement in most states. Additionally, users can benefit from
NEXT's advanced pay-as-you-go (PAYGO) workers' compensation
offering, which allows small businesses to better manage their cash
flow, allowing them to pay only for the coverage they need.
"We are thrilled to partner with NEXT to offer our clients a
simple, digital solution for managing their workers' compensation
insurance," said Will Boudreaux, CEO
of Netchex. "This integration reflects our commitment to providing
our clients with the tools and resources they need to simplify
their HR processes and ensure compliance with insurance
regulations."
Netchex clients can easily purchase access to NEXT's workers'
compensation coverage and benefit from NEXT's specialized expertise
in pay-as-you-go workers' compensation insurance, including
affordable, tailored coverage options, competitive rates, and
dedicated customer support. This partnership also provides unique
advantages, including:
- Seamless integration: Workers' compensation coverage is
seamlessly integrated within a customer's payroll to automate
payments and save time.
- Data synchronization: Eliminates the need for manual data entry
and reduces the risk of errors while saving time and effort.
- Cash flow benefits: Customers pay their premiums one payroll
period at a time, avoiding the large up-front cost of traditional
workers' compensation policies.
- Easier workers' compensation audits: Premium is calculated
based on actual payroll, for accurate payments and simpler workers'
compensation audits.
"At NEXT, we are dedicated to providing our partners with
innovative, digital solutions to address shifting demands and meet
customers where they are," said Nick
Mabunay, Director of Partnerships & Growth at NEXT
Insurance. "We are excited to partner with Netchex to offer a
seamless pay-as-you-go workers' compensation integration that
empowers small businesses to streamline their HR processes and
instill confidence in their ability to protect employees."
NEXT's pay-as-you-go workers' compensation offering is now
available to qualifying Netchex clients. For more information about
the integration and how it can benefit your business, please visit
https://info.netchex.com/netchex-next.
About Netchex:
Netchex is a leading provider of payroll and HR software
solutions to streamline HR processes, process payroll, and ensure
compliance. Our single-source technology solution is a cloud-based,
end-to-end platform for managing the employee lifecycle from
recruitment to retirement.
With a focus on innovation and customer satisfaction, Netchex
empowers businesses of all sizes to simplify their HR operations
and achieve their goals. Headquartered in Covington, LA, Netchex has offices in
Atlanta and Dallas, with representatives nationwide.
Please visit https://netchex.com/netchex-next for more
information.
About NEXT Insurance
NEXT Insurance is transforming small business insurance with
simple, digital and affordable coverage tailored to the
self-employed. Trusted by over 500,000 business owners, NEXT offers
policies that are easy to buy and provides 24/7 access to
Certificates of Insurance, additional insured, and more, with no
extra fees. Revolutionizing a historically complicated insurance
industry, NEXT utilizes AI and machine learning to simplify the
purchasing process and provide more affordable coverage.
Founded in 2016, the company is headquartered in Palo Alto, has
received a total of $1.1 billion in
venture capital funding, is rated "A- Excellent" by AM Best and has
been recognized by CNBC Disruptor 50, Forbes Fintech 50, Inc.'s
Best-Led Companies, and Forbes Best StartUp Employers. For more
information, visit NEXTInsurance.com [NEXTInsurance.com __title__
7].
Media Contact
Katie Kennedy, Netchex, (985)
220-1410, kkennedy@netchexonline.com, https://netchex.com
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SOURCE Netchex