Common Remittance
David K. Young consulting provides turnkey administration packages for your benefit administration needs. Our Common Remittance department services our clients in two ways:
- Reconciliation of multiple benefit vendor invoices and disbursement of funds. Relieving a major administrative burden, all your benefits department needs to do is issue a single check and provide updates from payroll.
- Rolling-up contributions from multiple locations and creating a single submission to a benefit provider. Each location submits contribution data to a centralized database operated by David K. Young. We will process the data, collect the funds, and submit a single set of contributions and data to your benefit provider.
