Company
Date Published
Author
Gayathri Somanath
Word count
766
Language
English
Hacker News points
None

Summary

Finch has partnered with PensionPro to enhance the administration of over 200,000 retirement plans by providing third-party administrators (TPAs) with streamlined access to payroll and sponsor data. This collaboration addresses longstanding challenges in the industry, such as manual data entry and inefficient processes, by enabling TPAs to automate data collection through Finch Connect, which integrates with major payroll providers like Gusto, Quickbooks, ADP, and Paychex. This automation reduces errors, boosts efficiency, and minimizes administrative burdens for sponsors, allowing them to securely share data with minimal effort. By modernizing the connection between payroll systems and the PensionPro platform, the partnership aims to democratize data access and improve service delivery, making retirement plans more affordable and accessible, particularly for small businesses.