Mutual of Omaha Improves Payroll Processing Efficiency By More than 80% and Increases Compliance for 1,300 Employees with LBA Ware's CompenSafe

"By far, aside from some key mortgage production tools, CompenSafe is the most valuable product I've ever seen. It automates an overly burdensome, heavily regulated administrative process that touches everyone in the organization from producers to operations and managers to compliance, and it provides critical information helpful in managing teams."
-Stephen Bennett, SVP and Regional Manager - Southeast region

The Challenge

Mutual of Omaha needed to automate complex incentive compensation plans for 1,300 employees and alleviate the burden of manual processing for its single payroll administrator

The Results

  • Improved payroll processing efficiency by more than 80%
  • Flexibility to inspire with unique compensation structures that motivate employees and attract new talent
  • Enhanced transparency, built employee trust and streamlined dispute resolution for LOs.
  • Increased compensation compliance with automatic logging and time stamping for an easily auditable trail 

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