Learn The Outsourcing Mantra to Save Millions | Presentation by SandMartin CDH/Claims Outsourcing Experts

THE OUTSOURCING MANTRA
#Overnight2India !!
April 2017

Factors to consider when
Outsourcing
SandMartin at Wex Partner Conference 2017

Benefits of Outsourcing

Experienced Claims Processor Local Costs SandMartin*
Cost
Savings
Annual Direct Salary 50,000*
Monthly Salary 4,167 2,000 2,167
Additional Year End Bonus &
Benefits (401k/403B)
(35% of Direct Salary Costs)
1,250 Nil
Total Employee Cost 5,417 2,000 2,417
Overheads
(Approx. 20% of Employee
Costs – including Time Off Costs)
1,083 Nil
Total Cost 6,500 2,000 4,500
Numbers of Hrs 150 150
Hourly Rate $ 43/hour $ 13/hour 70% Saving
You Save Year-End Benefits,
Annual Leaves in a Year &
Overhead Costs as well when
Outsourcing
Save Over 70% of Your Costs
with similar productivity levels..
Outsourcing is here to Stay……
Helps you Grow
*Cost of SandMartin has been indicated as that of a junior administrator | ** Savings Linked to a Team of 20FTEs working with SandMaritn
SAVE UPWARDS OF
$ 1 MILLION
ANNUALLY WITH
SandMartin**

Hiring Cost
Alleviate staffing worries and
expenditure on hiring new staff
Infrastructure Cost
Infrastructure cost is low in off
shoring locations than in the US
Management Cost
Saving Costs of Managers time
& Helps Expand Client
Servicing Role
COST
SAVINGS
Helps you Grow
Other Payroll Cost
Significant savings on
Year-End & 401k Costs.

Helps you Grow
Freeing your time to focus on
Better Client Servicing
Exploring more avenues of
business from existing clients
– Cross Selling
TPAs Acquisition –
Practice Outsourcing
Remain agile, both in an
economic downturn and also in
peak season with
Seasonal Support
GROWTH
ADVANTAGE

Outsourcing is here to Stay ……
Makes you more Productive
Without Outsourcing
Only 7 Hrs work/day
With Outsourcing
14 Hrs work/day

Services Outsourced……........
Cafeteria Plan Administration
You may also outsource in
addition to Claims Adjudication
additional items like
• CDH Enrollment Processing,
• COBRA processing,
• HRA administration,
• Validation of health carrier
feeds,
• Debit card substantiation,
• Discrimination testing and
special projects for
implementation and annual
plan renewals

» .
Type of Claims Outsourced …….…

Tests Outsourced………..

Services Outsourced………………
Retirement Plan Administration
You can Outsource All
Services right from
Creation Of A Plan
Document to Filing of
Form 5500

Bookkeeping & Accounts
processing.
Year End Finalization
Monthly Management
Accounts
Accounts
Receivables/Payables
Corporate Tax
Returns
Billing, Royalty
& Invoice
Processing
Sales Tax
Returns
Individual Tax
Returns
Partnership Tax
Returns
Reconciliation Jobs
Transaction
Processing
Other Services………
to Outsource
*All software's logos are the property of their respective owners and should
be treated as suchSandMartin at Wex Partner Conference 2017

Outsource your worries to
SandMartin
SandMartin provides higher Benefits at lower Cost

About Us
» SandMartin is a 35+ year old established organization which has
been providing Outsourcing services specifically in the areas of
Cafeteria & Retirement Plan Administration, Finance,
Accounts and Taxation.
» We are a team of over 300+ trained professionals who are fully
equipped to provide customized outsourcing solutions.
» SandMartin is an ISO 9001 (Quality Management Systems) &
ISO 27001 (Information Security Management System)
certified company having Four (4) Offices In India delivering
tailored outsourcing solutions to cater to the ever changing needs
of clients.”
» We are a reliable and scalable service provider coined as a “One
Stop Shop” for all TPA needs, helping in improving their
margins by up to 70-80%.
“My vision for Outsourcing was always to
provide Clients with Quality Back-Office
services to give them an extra-edge over
their competition by having an office
function 24x7, focus on their core-
competencies and to ultimately also reduce
costs of operations. At SandMartin, we
have always strived to add value to our
clients and have been innovating our
service offerings to keep up with the
dynamic global environment.”
Sunil Goel, Founder President

» SandMartin's journey with TPAs in the USA started way back in
1998. When outsourcing was still a less known concept for many
TPAs.
» We firmly believe that with quality service, low cost and time
difference we can help our clients reap benefits of outsourcing.
» SandMartin has been assisting Third Party Administrators (TPAs') in
both Cafeteria Plan Administration and Retirement Plan
Administration for more than two decades
» With SandMartin you could have 24/7 virtual office, giving you quick
turnaround of claims, leading to improved participant service and in
turn a satisfied customer.
Experience in TPA Services
Journal of Accountancy
(June 2000) Carried the
story “Overnight to India”

20+ Years of Experience
The Numbers Speak For
Themselves !!
Why SandMartin ?
Cafeteria Plan Administration Jobs Done
Claims Processed 10 Million +
COBRA Administration 500,000+
Enrollments Processed 1 million+
Debit Card Substantiation 2 million +
Retirement Plan Administration Jobs Done
Distribution Processed 30,000+
DC Plans Administered 10,000+
Form 5500 Prepared 15,000+
Daily Valuation Payrolls 50,000 +

Our Expertise……
SandMartin is a pioneer in this field and has been assisting TPAs in
not only processing and adjudication of claims but also in other
services like enrolments, payroll processing, non -discrimination
testing, COBRA etc.
FSA, HRA & HSA claims processing for a large number of clients is
done by SandMartin. The process includes reimbursing out of pocket
claims and adjudicating debit card transactions.
SandMartin has an experienced team who have proficiency on
majority of the software used.
*All software's logos are the property of their respective owners and
should be treated as suchSandMartin at Wex Partner Conference 2017

» SandMartin has been assisting TPAs for Retirement
Plan Accounting & administration services.
» The name has become a synonym for excellence
in providing solutions for 401(K) plan.
» Our services ranging from accounting, non-
discrimination testing to preparing signature ready
Form 5500.
» We are well trained in payroll, loan & distribution
processing & preparation of 1099R's, 5558, 5330
compliances.
*All software's logos are the property of their respective owners and
should be treated as such
Our Expertise……
Retirement Plan Administration

Our Security Credentials

Noida Offices
» The total covered/built-up area is over 28,000 sq. ft.
comprising of 4 floors each in two buildings having a
total capacity of over 500+ persons in two shifts.
» Process area is a totally restricted & secured zone.
» The offices are equipped with state of the art facilities
which are in line with ISO 27001:2013 norms.
Mumbai & Gurgaon Offices
» We have opened new branches in Mumbai &
Gurgaon with added capacity of 200+ persons.
» The offices are controlled and operated by the
standard procedures aligned with our corporate office
in Noida.
Our Locations

» State of the art Biometric system at every entry and exit.
» Allotted lockers for each employee.
» Latest Close Circuit TV (CCTV) cameras in all shop floors & public
areas.
» Latest DVR facility to simultaneously record Video channels up to 45
days
» Fire security and alarm system consisting of smoke and heat
detectors, sensors.
» 24-hours Security Guard at the building.
Physical Security

» We are an ISO 27001:2013 compliant organization equivalent to
SSAE 18 in the US
» Electronic Devices such as mobiles phones, tabs are not allowed on
the production floor. USB Ports and other media drives are disabled
» Every employee signs a Non-Disclosure Agreement at the time of
recruitment and is registered with India’s Nodal BPO
agency viz. NASSCOM to verify their credentials.
» Restricted access to internet websites at all times
» Monitoring of the web traffic of each employee
Data Security

SandMartin has been providing Outsourcing Services to Benefit Strategies
for more than 8 years and has a 20 member team dedicated to them.
The services ranging from CDH Enrolment processing, COBRA
processing, HRA Administration, validation of health carrier feeds, Debit
card substantiation, Discrimination testing and special projects for
implementation and annual plan renewals.
Success Stories…..
The Happy Journey of 8+ Years
“The decision was easy, with SandMartin, I found
the right partners pursuing a similar vision and
possessing familiar family owned core business
values and having a strong legacy of over 20
years in outsourcing TPA services. Their team’s
skills and developed process utilizing software
solutions were already in place.”
Paul Smith, President, Benefit Strategies

Question and Answer
For Any Query Or To Know More
Visit us at stand # 10
Or
Contact: Sunil Goel / Suhel Goel
info@sandmartin.com
+91 98100 09646

Learn The Outsourcing Mantra to Save Millions | Presentation by SandMartin CDH/Claims Outsourcing Experts

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