Zenith's APEX System - Contribution Accounting, Eligibility, and Pension Processing
APEX handles contribution accounting, eligibility, and pension administration. Developed by administrators for administrators, this powerful and flexible system tackles the growing complexities of Taft-Hartley administration—including eligibility and pension benefit calculations, contract management, hours banking, and COBRA. HIPAA-compliant and easy to navigate, APEX eliminates the need for clumsy, off-the-shelf software and creates efficiencies across operations. It’s a simple-to-use system that non-technical staff can easily operate and manage.
APEX offers the following key features that sets it apart from other products:
• Web-based/thin client architecture
• Easy system navigation
• Open architecture (using XML), easy application integration
• Designed for performance and scalability – N-tiers distributed architecture for horizontal scaling
• Specifically designed for Taft-Hartley, multi-employer funds
• Simple rules engine interfaces for non-technical users
• Strong levels of security and HIPAA compliance
• Built-in, ready-to-use correspondence system
• Extensive set of existing reports and ad-hoc reporting
• SAS-70 audit by Grant Thornton
APEX provides the following functions:
Employer Contract Management & Billing
• Track employer agreements and rates
• Quickly access contribution records, complete with over/shortage and delinquency history
Agreements & Rates
• User ability to define complex contribution rates and agreements with multiple rate components, override and delinquency rules
Contribution Accounting
• Separate cash accounting and contribution accounting systems, allow for flexible payment application
• Data entry system allows fund/member level detail entries and quick update of employment history
Member Management
• Comprehensive screen display contains pertinent information about a member and his/her dependents
• Tab view shows correspondence, eligibility/employment/contribution history, benefit accounts, authorization history, alternate IDs, life events, and payee records
• One click access to detail views of any of these objects
Eligibility
• Dynamically calculated according to user definable rules
• Multi-dimensional eligibility history allows accurate data interface (e.g., 834 transactions)
COBRA
• Complete compliance, payment accounting, and COBRA administration system with user definable letter templates, election rules, and benefit accounts
Pension
• Calculation of pension and vesting credit accruals, breaks-in-service, separation in service, etc., according to user definable pension benefit rules
• Inquiry displays with snapshot of member’s retirement account for quick response to benefit questions
Data Interface
• Multi-dimensional eligibility and pension benefit data enables quick and accurate data interface via HIPAA compliant EDI (834s) or actuarial reporting
Reporting Capabilities
• APEX Reporting can be set up as scheduled and automated or ad hoc
• Features include built-in report balancing with multiple output options – data files, paper, and graph formatting, and a powerful, easy-to-use ad hoc reporting tool
Correspondence Tracking
• Readily viewable within their associated categories, correspondence can include general phone notes and attachments of any kind, including .pdf, .jpg, .txt, or .doc. formats
• Correspondence files tagged by status and creation date, and security controlled for different domains.
To request more information or schedule a demo of this product please send us an email.
