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D.R. HORTON SELECTS REPAYME FOR BENEFITS
ADMINISTRATION
Largest US Homebuilder Cites Scalability and Cost Savings for In-house, Enterprise-wide Automated Flexible Spending Account Administration Solution
SAN DIEGO
,
CA
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March 5, 2005
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Ben
Soft, Inc., a leading provider of automated benefit management
solutions, today announced the D.R. Horton, the largest
US
homebuilder and financial services company, has implemented
BenSoft's RepayMe solution across its
United States
operations. RepayMe will be used to automate the management and processing of D.R.
Horton's entire array of flexible benefits for nearly 9,000
employees.
D.R.
Horton, Inc. is the largest homebuilder in the
United States
, and has expanded its presence to include
77 markets in 26 states in the Mid-Atlantic,
Midwest
, Southeast, Southwest and Western regions
of the
United States. With nearly 9,000
employees in expanding locations, RepayMe was implemented to
provide D.R. Horton a secure, Web-based solution that dramatically reduces the workload of the HR staff by
eliminating the manual processing of employee claims while speeding
up the reimbursement process, and providing real-time account
balance information to participants.
"By
using RepayMe to manage their entire portfolio of flexible
reimbursement accounts, D.R. Horton is optimizing their HR
strategies while dramatically reducing the costs of Flexible
Spending Account (FSA) administration," said
Tom
Horan
,
BenSoft's founder and CEO. "Equally
important, as D.R. Horton grows, RepayMe
will seamlessly grow with them in providing a world class FSA/HRA
solution with the reliability, security, and scalability they'll
need. We are delighted to add D.R. Horton to our growing list of
enterprise corporate customers."
About BenSoft, Inc.
Founded in 1991 and headquartered in San Diego, CA, BenSoft develops and markets
RepayMe, an ASP-based benefits administration software solution designed specifically for Third Party Administrators and self-administrating employers seeking a cost-effective reimbursement account administration solution. RepayMe is the 100% Web-based software solution that provides an integrated real-time debit card option, online Participant Claim Entry, Employee Self Service, Employer Self Service, and a Business Processing Outsource (BPO) option for FSA/HRA/HSA management. BenSoft provides innovative benefits solutions to companies ranging in size from 250 to over 250,000 employees.
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BenSoft and RepayMe are registered trademarks of BenSoft, Inc. Other company and product names may be trademarks of their respective owners.
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