OMAHA, Neb., July 31, 2014 /PRNewswire/ -- Benaissance, the trusted financial management partner for health benefits administration, announced today that Zach Nelson, President and CEO of NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, has joined the Benaissance Advisory Board. Benaissance is the nation's leading premium billing and payment solutions provider for America's health benefits and the company's Advisory Board comprises respected thought leaders and experienced executives in all areas of the healthcare and software industries.
Mr. Nelson, an Omaha native, has served as CEO of NetSuite since 2002. During his tenure, he led the company to a successful IPO in 2007 and helped the company transition from a start-up to the provider of the world's #1 cloud business management suite, with offices throughout the world.
John Jenkins said, "We are honored to have Zach as a member of our company's Advisory Board. His experience in navigating enterprise SaaS solutions companies through periods of rapid growth will be extremely valuable for Benaissance, our customers, and our employees. We look forward to engaging with him, continuing the momentum Benaissance has achieved this past year, and ensuring we solidify our position as the nation's most trusted financial management solutions provider for America's health benefits."
Zach Nelson said, "It is exciting to see an innovative company emerging out of Omaha's vibrant tech community. I am looking forward to helping guide Benaissance's growth. They have created a fantastic suite of enterprise SaaS solutions for an industry experiencing profound change. They are pioneers in financial management for the health insurance industry and their integrated premium billing and payment solutions are revolutionizing the way millions access their health insurance benefits."
Benaissance is the trusted financial management partner for health benefits administration. We pioneered the industry's leading ExchangePoint and COBRApoint Software as a Service ("SaaS") solutions for individual single-point and consolidated group premium billing. Together, these two solutions deliver highly efficient and scalable billing and payment solutions with easy-to-understand billing and convenient payment options—for tens of thousands of US employers and millions of American families through private exchanges, state based marketplaces, and over 100 health plan and TPA customers. To learn more about Benaissance, please contact Carrie Messinger, Director of Corporate Communications, at 402-991-3947 or [email protected].
NOTE: NetSuite and the NetSuite logo are service registered service marks of NetSuite Inc.