The problem with legacy systems, outsourced TPAs and trying to build your own (or assemble your own) is that everything done at the union, at the local, in the office and on the worksite all leads back to the need for proper accounting.
It's all about data and money, which is accounting.
We understand this. We want to make self-administration the defacto was locals serve their members... and it all has to start with proper accounting.
We get accounting, we get databases, fintech, cloud computing, AI, mobile, voice, and can see where you are going, even if you cannot. We give you a great base of tools to start with (accounting, pension, membership management, document management, member self-serve portal, mobile apps and tools, etc.) and codify your local's unique and immutable plan rules. If you can explain it, we can code the rules, while allowing for manual overrides in certain cases, on an ad-hoc, emergency, or priority case management situations.
Once loaded and set, they are easily auditable. Trace a single transaction from employer to collective bargaining agreement (CBA) to bank account to pensioner retirement payment. Your board of trustees want to make a change to the plan text? To the retirement rules, eligibility for any other department? No problem. Just change the rule, test, run parallel, and set to live. It's even easy to back data plan changes and CBA changes.
Reconciliation with the bank, the trust, the employers, and members statements has never been easier.