Sacramento, CA (PRWEB) August 14, 2013
Administrative Systems, LLC (ASI) announced today that Unified Trust Company has gone live with Paying Agent Services. The implementation will allow Unified Trust Company to streamline its operational efficiency and better serve its clients by providing faster, more comprehensive payment services.
ASI’s paying agent services allow its clients to outsource the administrative tasks associated with payments processing as well as the challenges related to making remittances to federal and state taxing authorities. ASI recently partnered with FPS Trust Company to extend ASI’s product offering to include paying agent services for retirement plans.
Unified Trust Company selected ASI because of its track record of personalized service and the ease of integration with existing systems. Michele Hardesty, chief operating officer of Unified Trust Company, said, “The implementation process for Paying Agent went well. We are very pleased with the integration with our existing trust and retirement plan recordkeeping systems and the operations team is excited to optimize this previously time-consuming process.”
“Unified Trust Company has been a great client to work with,” said Rob Hickman, president of Administrative Systems, “We’re pleased to leverage ASI’s considerable payments processing and tax remittance expertise to help Unified continue to deliver superior service to its customers even as Unified has eliminated the operational challenges and risks inherent in in-house payments processing.”
In addition to disbursing more than $24 billion annually on behalf of its clients, ASI produces more than 1 million tax forms each year.
About Administrative Systems (ASI)
For over 40 years, Administrative Systems (ASI) has been the leading provider of retirement plan benefit disbursements, tax reporting, and related services for some of the world’s largest banks, trusts, and pension funds. ASI’s solutions feature superior functionality, cost efficiency, and unrivaled customer service. For more information about ASI, visit http://www.asipay.com/.