When maintaining records on index cards became overwhelming, one fund turned to PensionPro™ for help. PTG’s complete solution eliminated the need for handwritten records, centralized important information, and ensured data accuracy.
Challenges
According to a County representative, “Balancing contributions and investments in a volatile market is always a challenge, but for my office, administering accounts for all current and retired employees is a struggle. The responsibility of recording contributions and interest as well as maintaining individual and beneficiary information is tremendous. Even a small error can impact someone’s retirement for the rest of their lives.” To make it worse, the county was maintaining this information on 4” x 6” index cards.
THE SOLUTION
This County chose PTG over other providers
This County learned about PTG at the PSACC Conference and chose PTG over other providers because “PTG offered a solution that allows us to streamline everything we do for a reasonable price. No one else had that option.” The county kept their ERP software to manage monthly distributions but was able to replace their index cards with PTG’s software solution.
