Pay-As-You-Go Workers’ Compensation software should solve problems, not create them.
TrakPay is dynamic, intuitive PayGo WC software that functions almost like a dedicated workers’ compensation representative. It helps coordinate the moving parts between payroll services, insurance agents, carriers, and carrier-side PayGo WC vendors so policyholders can get a cleaner, more accurate PayGo WC experience.
TrakPay is a payroll-side PayGo WC platform, meaning it integrates directly with payroll companies. This allows insurance agents to partner with local payroll providers and bring clients onto PayGo WC through the payroll relationship they already use.
In this model, the insurance agent remains the primary broker on the workers’ comp policy and continues earning full commission through their carrier partner. The policyholder gets the convenience of PayGo WC through their payroll company while still working with their local insurance agent.
TrakPay also partners with carrier-side PayGo WC software vendors to help democratize the PayGo WC landscape. TrakPay does not position itself as an exclusive carrier-side vendor. Instead, it works alongside carrier-side vendors without creating channel conflict.
That is one reason carriers value the TrakPay model. Rather than steering payroll services toward specific insurance agencies or limiting access through exclusive arrangements, TrakPay is agnostic. It helps carriers expand PayGo WC adoption by allowing any agent to work with any payroll company.
Agents and payroll services use TrakPay for its advanced software features and accurate payroll reporting. TrakPay is also actively working with carrier vendors to improve access to WC policy data, including state and class code combinations as they are added to policies.
The goal is simple: send cleaner, more accurate payroll and classification data through the PayGo WC workflow. Better reporting creates a better experience for carriers, agents, payroll companies, and most importantly, policyholders.
Contact us to learn how TrakPay delivers a more efficient, seamless, and accurate payroll reporting and billing experience for carriers and policyholders alike, while making PayGo WC easier for payroll services and agents to manage.
