Velocity Pays: Employee Benefits
Billing and Payments
Every line. Every carrier. No bill.
Velocity Pays handles employee benefits premium collection, billing, and carrier payments across the entire benefits system without putting the employer in the middle.
formerly piedmont payment services
The same benefits billing. Now with more behind it.
UNCHANGED — Personal support
UNCHANGED — Premium collection
UNCHANGED — Carrier payments
NEW — Connected capabilities
Decades of moving premium didn't get replaced. It got reinforcements.
two sentences that can kill a benefits sale
One problem. One solution.
"We don't have a deduction slot."
"We're done dealing with the bill."
Heard either of these arguments lately? Let's talk.
Book a demonot just the voluntary carve out
Medical
Dental
Vision
Life & AD&D
Disability
Worksite & voluntary
Union & association dues
Specialty
Different lines may use different payment methods such as employer remittance, payroll, split direct deposit, back draft, or card. They all feed the same platform, and every carrier gets paid from the same record.
how velocity pays works
Premiums are collected, but never by the employer.
Split direct deposit
The employer's job: Add the account to payroll once.
01 Payroll runs, and the paycheck splits with most going to the employee's bank account while the premium goes to their Velocity Pays account.
02 The premium account funds automatically each payday.
Bank draft
The employer's job: No action needed.
01 Velocity Pays drafts the employee's account each payday, not monthly.
02 The premium is divided into amounts that fit the employee's pay schedule.
Card on file
The employer's job: No action needed.
01 The employee places a card on file at their convenience.
02 Velocity Pays charges the card on the employee's pay schedule and in manageable amounts.
the employer never sees a bill
Billing stops at Velocity Pays
No collecting, holding funds, reconciling, or chasing terms. However the premium is collected, Velocity Pays receives the carrier bill, reconciles it against the group's record, and pays the carrier.
Premiums are collected based on the group's payroll schedule, not a rigid monthly cadence.
See the premium collected and the carrier paid on one of your groups.
carrier payments
Most coverage lapses are never about money.
Fewer payment delays Velocity Pays reconciles each carrier bill and pays it electronically on the day it's due.
Fewer coverage lapses Groups are less likely to experience coverage disruptions caused by missed payments when premiums reach the carrier on time.
Fewer billing disputes Carrier bills are reconciled against enrollment data to identify discrepancies before they cause payment problems.
Fewer member disruptions Members aren't caught between employers and carriers with billing and payments handled behind the scenes.
A family should never lose coverage because an invoice sat in a drawer.
Ready to take billing off the employer's desk?
part of the velocity ecosystem
Connected to the rest of the group.
GroupLoop keeps benefits data connected. Velocity Admin manages the group. AI Agents keep data in sync. Velocity Pays handles employee benefits billing and payments.
Together, the Velocity Benefits platform connects the benefits lifecycle from proposal to payment.
a better way to handle benefits billing
Let Velocity Pays manage the money.
Velocity Pays keeps the billing process moving without putting the employer in the middle. Take the pressure off internal teams with connected premium collection, billing, and carrier payments.
Book a demo