Penad Software Solutions

Penad Software Solutions

Penad provides software solutions and TPA services for pension plans and group benefits, enhancing operational efficiency.

Location: Canada
Software Type: Web App

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Description

Penad offers comprehensive software solutions designed to streamline the administration of Defined Benefit (DB) and Defined Contribution (DC) pension plans. Founded in 1983, Penad provides Third-Party Administration (TPA) services to a diverse clientele, including banks, insurance companies, unions, associations, and governments. This ensures that plan sponsors can manage their pension and group benefits efficiently and effectively.
The main functionalities of Penad's software include:

  • Case and Work Management: Efficiently manage cases and workflows to ensure timely and accurate processing.
  • Electronic Document Management: Seamlessly store and retrieve documents electronically, reducing paperwork and improving accessibility.
  • User-Friendly Reporting: Generate insightful reports that assist in analyzing and managing pension plans.
This software aims to enhance operational efficiency by providing powerful tools and expert support for pension plan administrators, ultimately simplifying the complexities associated with pension management.

Features

End-to-End TPA Services

Comprehensive support for pension plan administration including processing and compliance.

Pension Plan Consulting

Expert advice and solutions for managing both DB and DC pension plans.

Actuarial Services

Professional actuarial services to support financial planning and risk management.

Electronic Document Management

User-friendly system for managing and accessing plan documents electronically.

Reporting Solutions

Robust reporting tools for insightful analysis of pension plan performance and compliance.

Tags

pensionbenefitsadministrationsoftwareTPA

Documentation & Support

  • Installation
  • Documentation
  • Support
  • Updates
  • Online Support