Board hears plan for Paychex API rollout and webinar-driven employer conversions
Vestwell told trustees it expects a Paychex 360 API to be live by the end of next month and reported that webinars helped convert roughly 550 employers to run payroll, accounting for about 10,500 savers last year; trustees asked for opt-out trend data and discussed accessibility for less-digital employers.
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At the April 15 NEST board meeting, Vestwell outlined steps to deepen payroll integrations and described measurable gains from employer webinars. "We anticipate that that will be live and available for employers to use by the end of next month," Courtney Eccles said of the Paychex 360 API and added the vendor will communicate directly with employers who indicated Paychex as their payroll provider.
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