ROSELAND, N.J., Aug. 6, 2024 -- ADP, a leading global technology company providing human capital management (HCM) solutions, today announced a strategic investment in Nayya, an innovative employee benefits system of action, through its strategic investment arm, ADP Ventures.
Nayya has been an ADP partner since 2022 and enables smarter benefits management for over 600,000 employees on ADP Workforce Now. This partnership allows employers to connect their HR data with Nayya’s AI-enabled platform to provide employees with more tailored benefits experiences.
“We’re excited to invest in and deepen our relationship with Nayya,” said Usman Khan, senior vice president ADP Ventures “This partnership is setting a new benchmark for benefits guidance and employee experience through our data-driven approach, elevating industry standards for how benefits can be managed and enjoyed.”
Employers can optimize their benefits spending, brokers can scale and offer more effective data-driven advice down to the employee level, and benefits carriers gain richer insights into customer needs, leading to better product offerings.
"The expanded relationship with Nayya through ADP Ventures allows us to extend capabilities to our client base, creating the opportunity for millions of employees to receive personalized guidance,” said George Michaels, ADP senior vice president health & wealth. “This will enable employees to select, optimize and manage benefits, from claims management to retirement planning, supporting their health and wealth goals.”
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