Date Posted: 7/17/2009
UBCC Partners with Cennarius to Offer “Pay-As-You-Go” Workers Compensation Insurance with Coverage For Almost All Payroll Clients, Including High-Risk Businesses
Cennarius Matches Businesses With Over 20 Insurance Carriers, Providing Payroll Services Clients With The Best Value for Their Money and a Competitive Advantage over ADP and PayChex
July 16, 2009 – Taos, New Mexico - Universal Business Computing Company (www.ubcc.com), the leading provider of high volume, high productivity software for Payroll and Write-Up professionals, announced today that they have partnered with Cennarius, one of the nation’s most respected Workers’ Compensation Insurance providers, to allow all of their payroll clients to offer “Pay-As-You-Go” Workers’ Compensation Insurance to all clients, including high-risk businesses. Cennarius matches UBCC business clients with over twenty (20) insurance carriers to ensure they will enjoy the most competitive rates and best value for their money.
“Cennarius Pay-As-You-Go Workers’ Compensation Insurance solves the single annual premium problem. No longer do businesses need to pay a full year in advance. If their head count increases or decreases the adjustment to the premium is automatic. This allows our payroll clients a strategic advantage over other payroll service providers such as ADP or PayChex because of their limited offerings,” said Ken Garen, CPA, Co-founder and President of UBCC. Cennarius calculates workers’ compensation premium for each pay period as they occur, and businesses are not required to pay a large up-front premium deposit, or, incur as costly finance and audit charges – which eliminates audit surprises at the end of the policy year.
“We are excited about this partnership for many reasons, most notably because it solves a significant unmeet need. Most Pay-As-You-Go Workers Compensation plans are very limited in the business that they will accept. We are providing our clients with a significant competitive advantage over ADP and PayChex, because of the depth and breath of this offering,” said Garen. Cennarius eliminates unnecessary Workers Compensation annual premium pre-payment financial hardship on businesses – especially in difficult economic times. “Whether staffing levels change due to the economy or the seasonality of a business, by teaming with Cennarius we are providing the ultimate level of flexibility to which our (UBCC) clients have grown accustomed,” continued Garen.
About Universal Business Computing Company (UBCC)
Founded in 1981, UBCC offers four different packages to professional accounting firms, payroll service bureaus and commercial businesses: Client Data Center, Payroll Service Bureau, PEO Enterprise, and Real-Time Accounting for Business. Modules include: Unified Payroll, General Ledger, Accounts Payable, Accounts Receivable, Bank Reconciliation, Depreciation, Order Billing, Inventory Management, and Job Management. Technical support and customer service is available 24 hours a day, seven days per week. For more information, call toll-free 800-827-8610 or visit UBCC online at www.ubcc.com.
About Cennarius
Cennarius provides InsureLinx (www.insurelinx.com), a web-based platform for payroll providers to offer pay-as-you-go workers’ compensation insurance to their clients and has custom integration with UBCC payroll software. InsureLinx enables payroll providers to submit leads, calculate premium, transmit payments, create certificates of insurance (COI’s), simulate audits and earn renewable yearly referral fees.
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