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eDataGate

KeyNet Resources announces the immediate release of its Windows eDataGate designed to make collection, scrubbing, validation and transmittal of data easier than ever. eDataGate is a productivity enhancing tool for both plan sponsors and pension record keepers. The application supports payroll and compliance data collection, and enrollment processing.

eDataGate is currently in use by hundreds of plan sponsors and is being used by TPAs to process thousands of individual plan sponsors data files. The product supports both small and medium size plans of 10-100 employees as well as large plans of 5,000 – 10,000 employees. eDataGate has been in use by both TPAs and plan sponsors for over six years. The most current release has dozens of new features and enhancements that support both TPA and plan sponsor requirements for ease of processing and functionality.

Key Benefits

All too often, record keepers receive plan sponsor data in many different formats (multiple spreadsheet formats and software versions, paper reports or fax formats, word processing formats) and on many different types of media (diskettes, paper, fax, tapes, bulletin board, e-mail). eDataGate provides a cost effective means of collecting data from plan sponsors to better address the small and medium size plan market. This software improves plan sponsor data collection and participant services and can be used to automate payroll data processing.
    • Eliminates data transformation, changes and key entry by the TPA thereby reducing financial exposure
    • Formats the payroll file for record keeping system import – one common predefined format different for each record keeping system based on accepted interface(s).
    • Processing any type of client payroll files such as fixed format payroll tapes, delimited spread sheet files, SPARK…
    • Provides accurate and complete plan sponsor data submitted to TPA for processing
    • Improves productivity of both the record keeper and the plan sponsor
    • Enhances participant services through computer assisted pension administration
    • Provides secure data transmission through encryption
    • Interfaces directly with most record keeping systems
    • eDataGate features robust security for data encryption of passwords and export data, and context sensitive help. It is compatible with all Windows platforms, including Windows NT, XP, 98, and 2000. It is available as a standalone application and as a network version.