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Posted On: 05/03/2022 1:02:34 PM
Post# of 25476
$SEBFF Smart Employee Benefits Presenting at the Planet MicroCap Showcase 2022
https://www.accesswire.com/699908/smart-emplo...wcase-2022
MISSISSAUGA, ON / ACCESSWIRE / May 3, 2022 / Smart Employee Benefits Inc. ("SEB" or the "Company"
(TSXV:SEB) (OTCQB:SEBFF) a benefits administration technology company providing leading-edge, cloud based end-to-end IT and benefit processing software solutions and services, announces that President and CEO John McKimm will be presenting at the Planet MicroCap Showcase 2022 at the Bally's Hotel & Casino in Las Vegas on Wednesday, May 4, 2022 at 4:30PM ET/1:30PM PT. Mr. McKimm will host in person, 1-on-1 investor meetings during the event.
"SEB has over 370,000 plan members under administration across blue chip, channel partner and government accounts and an additional 160,000 plan members in transition that will be onboarded in 2022," said Mr. McKimm. "Industry wide,the average annual processing spending per plan member is about $250. We currently capture approximately 18% of this spend across our 60 clients, but our solutions can capture significantly more of the $300 million that we estimate they spend annually. Today's capture reflects the average across more than 60 individual clients who may deploy one or more of the 25 modules in our FlexPlus processing environment. Beyond this, we believe our larger growth opportunity will come from continuing to white label our solutions with channel partners. I look forward to sharing more with investors at the Planet MicroCap Showcase."
https://www.accesswire.com/699908/smart-emplo...wcase-2022
MISSISSAUGA, ON / ACCESSWIRE / May 3, 2022 / Smart Employee Benefits Inc. ("SEB" or the "Company"
(TSXV:SEB) (OTCQB:SEBFF) a benefits administration technology company providing leading-edge, cloud based end-to-end IT and benefit processing software solutions and services, announces that President and CEO John McKimm will be presenting at the Planet MicroCap Showcase 2022 at the Bally's Hotel & Casino in Las Vegas on Wednesday, May 4, 2022 at 4:30PM ET/1:30PM PT. Mr. McKimm will host in person, 1-on-1 investor meetings during the event. "SEB has over 370,000 plan members under administration across blue chip, channel partner and government accounts and an additional 160,000 plan members in transition that will be onboarded in 2022," said Mr. McKimm. "Industry wide,the average annual processing spending per plan member is about $250. We currently capture approximately 18% of this spend across our 60 clients, but our solutions can capture significantly more of the $300 million that we estimate they spend annually. Today's capture reflects the average across more than 60 individual clients who may deploy one or more of the 25 modules in our FlexPlus processing environment. Beyond this, we believe our larger growth opportunity will come from continuing to white label our solutions with channel partners. I look forward to sharing more with investors at the Planet MicroCap Showcase."
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