Paychex Acquires Online Benefit Mgt. System

September 13, 2007 (PLANSPONSOR.com) - Payroll and HR service provider Paychex, Inc., has acquired San Diego-based Hawthorne Benefit Technologies, Inc. and BeneTrac, its online employee benefits management and administration system.

A Paychex news release said the acquired firm will operate as Paychex Benefit Technologies.  BeneTrac’s Web-based benefits enrollment and administration technology provides access for HR administrators and employees, according to the news release.

Among the capabilities BeneTrac offers are open enrollment sessions online, access to standard and customizable reports, and integration with payroll, Paychex said.

“Paychex is committed to providing products and services that meet the growing, changing needs of our clients,” said Jonathan J. Judge, president and CEO, Paychex, in the announcement.

The announcement said all eligible Hawthorne employees have been offered employment with Paychex.  More information about the Rochester, New York-based Paychex is at  www.paychex.com .

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