Equifax has announced a new agreement to acquire Health e(fx), which a press release says will be allowing more automation for HR teams, and reducing services, a press release says.
With the acquisition, friction in HR teams will reportedly go down.
And Equifax will be able to give businesses more information and solutions to help manage their workforces.
Health e(fx) will now become part of Equifax’s Workforce Solutions business unit, the release says.
“The acquisition of Health e(fx) will further strengthen our largest and fastest-growing business – Workforce Solutions – by enhancing their portfolio of employer services by adding capabilities aligned with our own Affordable Care Act (ACA) Management offerings,” said Mark W. Begor, CEO of Equifax. “With our cloud-native technology architecture, it’s easier than ever to integrate new partner capabilities and acquisitions quickly and securely to create leading-edge solutions. Our strong performance and balance sheet allow Equifax to reinvest our cash flow in this accretive and strategic acquisition that gives customers unique access to more capabilities, product suites, and services under a single roof.”
“This acquisition will expand on the value that Equifax Workforce Solutions offers to HR and Payroll teams as a provider of innovative, data-driven services for today’s dynamic workforce environment,” said Walter Gibson, III, SVP at Equifax Workforce Solutions. “The Health e(fx) team, relationships and cloud-native technologies are complementary to our business and existing ACA product and will provide us with additional opportunities to help meet evolving employer needs.”
Equifax also recently named Lisa M. Nelson as its new president. Equifax CEO Mark Begor said Nelson was a hard-working leader who will be responsible for boosting the company’s footprint in five regions and 23 nations.
Read more: Equifax Names Lisa Nelson As President
“Lisa is an impressive global leader who is laser-focused on customers, driving growth, and developing her team,” said Begor. “She is a strong, authentic leader with a proven track record of inspiring teams to achieve results and deliver for our customers. Lisa has clearly demonstrated her ability to develop and deliver on strategic priorities and drive core growth in two significant regions within Equifax.”
Equifax has introduced a brand new settlement to amass Well being e(fx), which a press launch says will likely be permitting extra automation for HR groups, and lowering companies, a press launch says.
With the acquisition, friction in HR groups will reportedly go down.
And Equifax will have the ability to give companies extra info and options to assist handle their workforces.
Well being e(fx) will now grow to be a part of Equifax’s Workforce Options enterprise unit, the discharge says.
“The acquisition of Well being e(fx) will additional strengthen our largest and fastest-growing enterprise – Workforce Options – by enhancing their portfolio of employer companies by including capabilities aligned with our personal Inexpensive Care Act (ACA) Administration choices,” stated Mark W. Begor, CEO of Equifax. “With our cloud-native expertise structure, it is simpler than ever to combine new companion capabilities and acquisitions shortly and securely to create modern options. Our robust efficiency and steadiness sheet enable Equifax to reinvest our money stream on this accretive and strategic acquisition that provides prospects distinctive entry to extra capabilities, product suites, and companies below a single roof.”
“This acquisition will broaden on the worth that Equifax Workforce Options presents to HR and Payroll groups as a supplier of progressive, data-driven companies for at the moment’s dynamic workforce surroundings,” stated Walter Gibson, III, SVP at Equifax Workforce Options. “The Well being e(fx) staff, relationships and cloud-native applied sciences are complementary to our enterprise and present ACA product and can present us with further alternatives to assist meet evolving employer wants.”
Equifax additionally not too long ago named Lisa M. Nelson as its new president. Equifax CEO Mark Begor stated Nelson was a hard-working chief who will likely be liable for boosting the corporate’s footprint in 5 areas and 23 nations.
Learn extra: Equifax Names Lisa Nelson As President
“Lisa is a formidable world chief who’s laser-focused on prospects, driving progress, and creating her staff,” stated Begor. “She is a powerful, genuine chief with a confirmed monitor file of inspiring groups to attain outcomes and ship for our prospects. Lisa has clearly demonstrated her means to develop and ship on strategic priorities and drive core progress in two vital areas inside Equifax.”