As a business owner/manager, you know there are many different administrative functions that you have to balance. You are busy managing and training employees, trying to reach sales goals and in many cases wearing the HR hat in addition. Understanding your cost for administrative services requires a lot of time and effort. You have to find vendors, provide information for pricing quotes and then create cost comparisons to analyze the deals. Most managers/owners are concerned with getting the most value for each dollar spent on health care plans. This means for you, getting the most effective plans that will help retain and attract top talent. Additionally you must, by state law in most states, shop and secure workers’ compensation coverage to protect your employees as well as your business and personal assets.

An ASO can provide you with the necessary components, together in one package, that meet the needs of your business. This is a great alternative to the PEO model. The ASO model is very close to the PEO model. ASO’s have more transparency and are lower priced. If you have purchased services and coverage’s on your own through the open market, you can quickly see the advantages of the ASO as a one stop shop.

When you have finished reading this, our hope is that you will have a much clearer understanding of how an ASO works and why it could be a great solution for your company.

Big Picture Overview

To put it succinctly, an ASO is a one-stop shop for employee benefits, workers’ compensation insurance, payroll services & human resources.

An ASO provides these services as an all in one model that helps the employer reduce time managing and save money related to various different circumstances. There are a lot of business owners that would benefit from using an ASO. Some of those could be:

- Employers looking to reduce their administrative costs

- Employer’s who find it cumbersome to enroll new hires and terms in both payroll & benefits

- Employer’s who understand the cost involve with non-compliance and want to reduce liability

- Employers who would like some help with HR responsibilities

Click here to connect with one of our experts and we will help walk you through a customized solution for reducing your cost of labor.