Reliance Standard selects VUE Software’s VUE Compensation Management to enhance
efficiency and effectiveness in delivering service and value to their clients
The decision to implement VUE Compensation Management was based on the system’s
flexibility and ease of customization
Coconut Creek, Florida, 6/6/2007— Computer Solutions & Software, International
(CSSI) announced that Reliance Standard Life Insurance Company (Reliance Standard),
a market leading group benefits insurance carrier, was adding the VUE Compensation
Management software system to help improve agent relationships. Reliance Standard
came to CSSI because its legacy "agency licensing and commission payment" system
was inflexible and difficult to maintain due to its age and design. As is typically
the case between initial construction and subsequent modifications, the legacy system
incorporated several different programming languages and data formats. Essentially,
the use of different programming languages, different data formats, and large number
of data storage locations translated into extensive programming efforts for most
changes to the payment and incentive programs.
"Reliance Standard’s difficulties represent common challenges in the insurance industry.
Their concerns are a perfect example of why VUE Compensation Management represents
such value to our customers", said Stephen Bruno, President and CEO of CSSI. "The
age and design of their current system created major barriers to providing senior
management and marketing teams with meaningful, timely, and accurate information
on sales performance and commissions. With VUE Compensation Management, those issues
are a thing of the past."
VUE Compensation Management will now allow the Reliance Standard Marketing team
to proactively evaluate performance data to determine the effectiveness of current
or proposed compensation and the effectiveness of incentive programs on sales. The
robust capabilities of the VUE system provide a wide range of data access, reporting,
and planning tools for plan agents, brokers, administrators and senior management
to audit and track commission payments. The VUE system also creates enhanced business
user empowerment at every turn. Further, VUE Compensation Management does not require
a major allocation of resources to maintain these capabilities from a field compensation
and programming standpoint.
Working with the client to understand their present and future business needs is
a hallmark of service at CSSI. VUE Compensation Management provides modules to maintain
agent related information including licensing and appointment data, product information,
premium commission calculations and customized report generation. Reliance Standard
has established interfaces to the sales administrative systems, data-marts and financial
systems to update ledger accounts and generate commission payments. Reliance Standard
also plans to further integrate the system with ACH payment and NIPR interfaces.
About Reliance Standard
Reliance Standard Life Insurance Company (Reliance Standard) is a leading insurance
carrier specializing in innovative and flexible employee benefits solutions including
disability income and group term life insurance, a suite of voluntary (employee
paid) coverage options and fully integrated absence management. Reliance Standard
markets these solutions through independent brokers and agents to employers of all
sizes. Rated A (Excellent) by A.M. Best*, Reliance Standard began its centennial
year in 2006. www.reliancestandard.com
About CSSI and VUE Software
VUE Software, a division of Computer Solutions & Software International, is a leading
provider of world-class solutions for the insurance industry. With more than a decade
of real-world production, VUE Software solutions have evolved to address the most
challenging scenarios affecting today's insurance market while enabling organizations
to leverage existing system investments. With global insurance experience and leading-edge
technology VUE Software delivers unparalleled value to clients. Focus on Results™
Media Contact:
Joseph Westlake
954-419-1008 x110
4800 Lyons Technology Parkway, Suite 4
Coconut Creek, FL 33073
CSSI and VUE Software are registered trademarks of Computer Solutions & Software
International, Inc. All other registered trademarks, trademarks or service marks
belong to their respective companies.
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