At MDL Technology, we have the privilege of working with forward-thinking clients like Show Me Pension Group, a full-service third-party administrator dedicated to staying ahead in the ever-changing business world. They manage everything from proposals and legal documents to administration, with added actuarial services. Here’s how Show Me Pension is progressive with their forward-thinking approach, constantly adapting and innovating to provide the best service possible.
Embracing AI in Their Services
AI is becoming an integral part of every business sector, including the TPA industry. Show Me Pension, a smaller group with limited staff, recognizes the necessity of staying up-to-date with IT advancements. AI is a tool they are actively integrating into their operations.
Why AI is Essential for Them
- Efficiency: AI automates repetitive tasks, allowing the team to focus on more complex client needs.
- Accuracy: With AI, the risk of human error is significantly reduced, ensuring precise handling of client data.
- Cost-Effective: Incorporating AI helps manage workloads efficiently without the need for a large team.
Investing in Sustainability
Show Me Pension has made a significant investment in the future with their solar panel system. They are currently producing more energy than they use in their office, making them essentially self-sufficient—a point of pride for the company.
Benefits of Their Solar Investment
- Environmental Impact: Reducing their carbon footprint contributes to a healthier planet.
- Cost Savings: Lower energy bills mean savings can be passed on to their clients.
- Self-Sufficiency: Being self-sufficient in energy production ensures they are not affected by external power supply issues.
Streamlined Service Agreement Policies
Show Me Pension has introduced a major update to save their clients time and effort. They changed their service agreement policies to an expanded, one-time deal. Previously, they spent countless hours each year following up with clients for signatures. Now, clients sign once, and all updated information is provided a year in advance.
How This Change Benefits Their Clients
- Convenience: Clients no longer need to sign forms every year, saving time and hassle.
- Efficiency: The team saves man-hours, allowing them to focus on providing better services.
- Client Satisfaction: Clients have responded positively to this change, appreciating the reduced paperwork.
Credentialed Staff for Enhanced Security
Show Me Pension requires their staff to be credentialed, emphasizing the importance of education and staying current with regulations, policies, and procedures. Having these credentials instills pride in the team and confidence in their clients.
Why Credentialing Matters
- Professionalism: Credentials demonstrate a commitment to maintaining high professional standards.
- Client Confidence: Clients feel secure knowing they are working with knowledgeable and qualified professionals.
- Personal Growth: Staff members feel proud of their accomplishments, leading to higher job satisfaction and better service.
How is Show Me Pension Progressive?
Show Me Pension is progressive through their use of advanced technologies like AI, their investment in sustainability with solar panels, and their innovative changes to service agreements. By continuously evolving and prioritizing client convenience and security, they ensure they meet the highest industry standards.
In Summary
At MDL Technology, we are proud to support Show Me Pension Group in their progressive approach, which is reflected in everything they do, from adopting AI to streamlining service agreements and investing in renewable energy. Their commitment to innovation and client satisfaction sets them apart.
If you want to learn more about how Show Me Pension Group can assist you or have any questions, contact us today. We are here to help you manage the complexities of pension administration with ease and expertise.
