IBT Apps
How IBT Apps Saves an Average of 15% on Benefits Annually with PEO 360
For the past three years, PEO 360 has been a trusted partner for IBT Apps as they've evaluated their HR and PEO needs.
Overview
IBT Apps provides core software to community banks across the United States. For the past three years, PEO 360 has been a trusted partner for IBT Apps as they've evaluated their HR and PEO needs. In 2021 and 2022, PEO 360 helped IBT Apps achieve significant savings by re-negotiating their contract with their incumbent PEO. And in 2023, they helped IBT transition to a new PEO provider that is a better fit for their current needs.
Goals
As IBT’s business continues to evolve, their needs have changed. They need to evaluate their current workforce goals and strategy annually, and the process is both time consuming and complex. They continue to turn to PEO 360 for their expertise and tactical support managing the evaluation and negotiation process.
“They’re very knowledgeable - their expertise is really the difference. A lot of small companies don’t know about PEOs, and they could definitely use a partner like PEO 360 to help them navigate that process.”
Kristy Emmerich
Solution
PEO 360 provides ongoing guidance and support to the IBT team to continually measure and benchmark their goals to their HR solution. The team at PEO 360 is an extension of the IBT team and a trusted advisor who understands their business and culture. Their support has allowed IBT to run an efficient annual process to review, renegotiate, or change their current solution to meet their evolving needs and maximize value for their workforce.
During their annual reviews, they have repeatedly evaluated all four of the leading national PEOs, including ADP, TriNet, Insperity, and Paychex.
Results
With PEO 360's help, IBT Apps has saved ~15% on benefits and HR costs annually. IBT employees have also benefited from continued improvement to their benefit plans and coverage which is important to their talent retention and acquisition strategy. Speaking about PEO 360’s founder, Kristy Emmerich, Director of Compliance and HR at IBT Apps, said, "Jeff's expertise is really the difference. He saved us time and made the process easy and stress-free." Over the course of this ongoing relationship, PEO 360 has proven their worth as advisors who take a consultative approach, focused on IBT Apps' long-term success. By regularly evaluating options and negotiating on their behalf, PEO 360 has maximized savings while maintaining continuity of service.
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“They’re very knowledgeable - their expertise is really the difference. A lot of small companies don’t know about PEOs, and they could definitely use a partner like PEO 360 to help them navigate that process.”
Kristy Emmerich