Case Study: Yeeld cuts benefits admin time by 92% with Thatch

Yeeld cuts benefits admin time by 92% with Thatch

Yeeld, a financial technology startup, was struggling with fragmented and manual benefits administration across multiple carriers, which was exacerbated by their multi-state coverage. This process consumed significant time from their operations team, who handled everything from manual payments to individual employee inquiries. They sought a new solution and implemented Thatch, a modern healthcare benefits platform.

By moving to Thatch's single platform, which integrated with their Gusto payroll, Yeeld automated its benefits management. This switch resulted in a 92% reduction in admin time and a 7% decrease in costs per employee. The operations team was able to refocus on core product development, while employees reported a modern and easy-to-use experience. Thatch also provided responsive support for complex issues.

Yeeld