Process automation has become a key priority as pension agencies modernize their operations. However, many organizations still struggle to determine the right approach: Should they rely on workflow automation or invest in a full-scale Business Process Management (BPM) solution?

Organizations must continually aim to maximize resources to improve business efficiency. Business Process Management (BPM) plays a crucial role in achieving this objective by providing a structured approach to analyzing, designing, and optimizing processes.

Pension technology systems across the globe are under pressure. Organizations face growing expectations to modernize their operations, improve member experience, and ensure security. Often, these expectations are growing faster than budgets and staffing levels.

For any pension agency, data is the most important asset.

Attending the PRISM (Public Retirement Information Systems Management) conference was a fantastic opportunity to network with our peers and better understand the evolving needs of our customers. At Sagitec, we thrive on building connections and supporting our clients, and this event allowed us to do just that. Engaging with industry leaders, sharing insights, and discussing the latest trends is invaluable as we continue to enhance our offerings and deliver exceptional service.

Pension agencies have faced historically challenging times. Many public funds are still looking for the right solution to meet the needs of their members. The right software system can help public pension agencies meet their goals, but only if the solution implementation succeeds. 

Significant tax changes are coming for pension agencies – is your organization prepared?

This article was first published in the Association of Canadian Pension Management 2021 Issue 1 Newsletter.

2020 is being called the 'remote work year’ due to the COVID-19 pandemic. But recent surveys from PwC and Gartner show that many companies across multiple industries will move more of their employees to a remote environment over time.

This article was first published in the April release of Benefits and Pension Monitor.

Over the past few years, there has been a significant and noticeable shift in the pension and benefits industry when it comes to systems administering their plans. The demands of organizations have moved from looking for an administration system, or administrator, to a modernization approach. Not only has the shift moved in terms of terminology, but there has been a significant increase in demands to modernize. We, at Sagitec alone, have received more than double the demand for modernization projects in 2020 versus the same period in 2019. What has prompted this shift in wording, increase in demand, and what are the benefits of modernization?

“Change is the only constant in life, and if we’ve learned anything from 2020, it’s that you best be prepared.”