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PensionPro Partners With ASC to Enhance Workflow Automation for TPAs

1. ASC partners with PensionPro to enhance TPA efficiency. 2. Integration automates compliance reporting and streamlines operations. 3. Partnership increases client satisfaction through improved data sharing. 4. PensionPro's software aids TPA in managing clients and projects. 5. Collaboration expected to elevate productivity and mitigate risks.

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Why Bullish?

The partnership enhances operational efficiency, likely leading to increased revenue for ASC, similar to previous software integrations that boosted client satisfaction and market reach.

How important is it?

The strategic partnership is significant for ASC, showcasing its growth potential in the automated retirement plan software sector, similar to past partnerships that resulted in market share gains.

Why Long Term?

The collaboration's effect on ASC's market positioning and productivity could unfold over time, impacting long-term growth prospects as customer bases expand.

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ASCPensionPro
HARRISBURG, Pa.--(BUSINESS WIRE)--AmericanTCS’s PensionPro, a provider of workflow automation software for third-party administrators (TPAs), announced it is partnering with Actuarial Systems Corporation (ASC), a provider of innovative and comprehensive retirement plan software. This collaboration aims to provide enhanced tools for TPAs to streamline their day-to-day operations and annual processes, including compliance reporting. An integration between the PensionPro and ASC platforms will further automate processes for TPAs, boosting their productivity and streamlining annual administrative practices. This seamless connection will enhance efficiency, allowing TPAs to manage tasks more effectively. “We are extremely excited to partner with ASC, a long-trusted provider of compliance, document and forms software that many PensionPro customers utilize and love,” said Darren Conner, Chief Operating Officer at PensionPro. “This is an important step in bringing continued connectivity and automation to TPAs with the critical software they use. We look forward to growing the benefits for our mutual customers and continuing to solve problems for TPAs.” “We are delighted to announce our partnership with PensionPro,” said Alan Gould, President of ASC. “Many ASC clients have chosen PensionPro as the operational hub of their entire business, demonstrating the strength of PensionPro. By partnering, our mutual clients can exponentially increase their efficiency by enabling data sharing between the two systems. Additionally, the connectedness of the systems mitigates risk and increases client satisfaction. We look forward to serving our clients together.” About PensionPro PensionPro, an AmericanTCS business, was formed in 2010 as a solution for TPAs in the increasingly complex world of pension management and business management technology. PensionPro develops TPA specific software to track and manage Clients, Plans, Contacts and Projects. The software suite focuses on providing tools for managing projects and analyzing profitability by reviewing employee time and client fees. Plan sponsor website integration further enhances a TPA firm’s ability to easily and securely gather information and deliver documents to their clients and referral sources. PensionPro’s cloud service model also removes the burden of handling an enterprise level IT infrastructure required to run the applications. About Actuarial Systems Corporation (ASC) Actuarial Systems Corporation (ASC) is an industry leader in providing innovative and comprehensive intelligent automation for retirement plan software. Systems include Retirement Plan Documents, DC/401(k) Recordkeeping and Administration, DB Valuation, Compliance Testing, Single Step Processing, 5500 Forms, API, Single Step Processing & other enterprise level tools. All products share data facilitating the reduction of errors and elimination of duplicate data entry. A fully hosted, web-access option is available for all products. ASC also offers ERISA Consulting and Continuing Education.

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