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KNOWLEDGEPOINT’S Business Power Toolkit Helps Small To Medium-sized Businesses Capitalize On Their Workforces And Avoid Lawsuits
Professional Employer Organizations, Human Resource
Outsourcers, Insurance Companies Increase Their Close Ratios and Help
Their Clients Become More Profitable
(PETALUMA, CALIF., March 26, 2002) — Managing employees and
staying legally compliant are among the biggest problems facing small
to mid-sized businesses today. KnowledgePoint’s Business Power
Toolkit, which readily integrates into an organization’s
Web portal, allows companies serving that market to furnish their
clients with branded bundles of tools and expert content to help them
manage their workforces.
Developed in concert with employment law attorneys at CCH
INCORPORATED, the Business Power Toolkit comprises an
assortment of online applications, legal reference tools, training,
forms, checklists, Q&A and advice that enables businesses to
easily institute — and benefit from — human resource "best
practices." Licensed to administrative services organizations (ASOs),
professional employer organizations (PEOs), human resource
outsourcers, insurance companies and benefits management firms, the Business
Power Toolkit makes client-oriented Web sites
"stickier," thus strengthening client relationships,
increasing close ratios, and demonstrably contributing to their
clients’ and their own success.
"Small and mid-sized businesses seek the highest value for
their dollar when they evaluate service providers like PEOs and
insurance companies," says Ian Alexander, president,
KnowledgePoint. "The Business Power Toolkit helps service
providers become an integral part of their clients’ day-to-day
business practices. Our licensees like that because it allows them to
offer the highest value to their clients, making them more difficult
to replace."
ASO Executive Explains What’s In It For His Firm
The Small Business Administration estimates that business owners
spend up to 25 percent of their time on regulations and paperwork. It’s
no wonder that more and more firms are outsourcing employment
functions to ASOs and PEOs, making the outsourcing industry one of the
fastest growing business sectors in recent years.
Steve Tessler was an early innovator in the PEO industry. Most
recently, he was an officer with EPIX Holdings Corp., one of the five
largest privately held PEOs in the country, and he is currently a
business development partner at CheckPointHR, an ASO in New Jersey. He
believes that his firm’s success depends on helping his clients grow
and succeed by providing them with services, tools and applications
they couldn’t afford on their own.
"CheckPointHR’s Web portal is the technology backbone of our
service delivery system and is one of our primary points of contact
with our clients," says Tessler. "Adding the Business
Power Toolkit to our portal makes it possible for our clients to
do business without incurring additional costs, and branding it as our
own solution enhances our status as an authoritative service
provider."
Tessler believes that the shortage of skilled labor is here to stay
and that it is also his responsibility to help clients recruit and
retain solid performers. "Recruiting the right people and keeping
them is more vital than ever because the talent pool is — and will
remain — thin," he says. "With the Business Power
Toolkit, I’m giving employers tools for hiring, performance
management and career development, so their employees will be better
satisfied and more likely to stay with them."
The "Power" In The Business Power Toolkit
Fully hosted and branded, KnowledgePoint’s Business Power
Toolkit is a simple "plug and play" solution for
licensees. It includes an abundance of proven online applications and
expert HR content to assist managers in remaining legally compliant
and accomplishing the following essential workforce management
functions:
- Define jobs and hire right;
- Write effective employee performance reviews;
- Build tailored employee development plans;
- Create customized and state-specific employee handbooks;
- Access easy-to-understand answers to thousands of HR questions;
- Receive automatic updates to state and federal employment law
changes;
- Acquire hundreds of HR forms and checklists;
- Research summaries of federal and state HR law;
- Participate in e-learning courses;
- And much more.
"The Business Power Toolkit is a cost-effective way for
business service providers to maintain their own profitability while
helping clients improve their HR practices, maximize their employee
talent base and avoid potentially ruinous lawsuits," says
Alexander.
For more information about the Business Power Toolkit,
contact Tom Lombardo, KnowledgePoint business development manager, at
(800) 727-1133 ext. 1392 or tlombardo@knowledgepoint.com.
About KnowledgePoint and CCH INCORPORATED
Since 1987, KnowledgePoint (a division of CCH INCORPORATED) has
been a developer of knowledge-based human resource management software
and Internet services. CCH INCORPORATED is a provider of employment
law information, software and e-learning for human resource
professionals. For more information, visit http://www.knowledgepoint.com
and hr.cch.com.
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