Sam's Club New Small Business Services
Tuesday, October 28, 2014
Sam’s Club Aligns with Aetna, Execupay, LegalZoom to Expand Suite of Services for America’s Small Businesses
Innovative solutions in legal, payroll and small group health care provide more savings, more choice for Sam’s Business Members
BENTONVILLE, Ark. – October 23, 2014 – Sam’s Club today announced a new suite of services to help America’s entrepreneurs and small business owners save money and time on vital day-to- day business needs, now available at SamsClub.com/services. Teaming up with industry leaders in health care, payroll and HR, legal solutions, travel and payment processing, Sam’s Club is the first mass retailer to invest in member services specifically designed to benefit small business owners and their employees.
“Whether they lead startups or seasoned firms, America’s small business owners are constantly strapped for time,” said Rosalind Brewer, President and CEO of Sam’s Club. “To help, we’ve enhanced our suite of business member benefits to bring big-business benefits to small business owners at a value they deserve. Our service providers share our commitment to simplifying our members’ lives, offering affordable, innovative solutions and convenience to critical business operations.”
Health Care Exchange for Small Business – Aetna Marketplace
Small business owners rarely have time to shop for affordable health care options much less to manage individual plans for each employee. Aetna Marketplace for Sam’s Club is the first mass retail-supported private health care exchange designed to meet the needs of both the small business owner and their employees. Sam’s Club business members with two or more employees in 18 states have exclusive access to personalized plan tools and resources from Aetna at SamsClub.com/healthcare.
Aetna Marketplace for Sam’s Club provides enhanced cost control and budget predictability, simplified administration and easy-to-use tools to help employees choose the plan that best meets their needs. With live access to dedicated support for small business owners and their employees, Aetna Marketplace offers a guided retail shopping experience that provides more choice than the typical health care purchasing experience. Learn more at news.aetna.com.
Seamless Payroll Integration - Execupay Sam’s Club Payroll, powered by Execupay, gives small business owners the opportunity to save time by outsourcing their payroll needs to an established industry leader. Sam’s Club members could save up to 40 percent savings on solutions including online payroll, time and attendance, direct deposit and automated payroll tax filings/payments.
Members enroll online in one simple step, and a live payroll expert helps complete the technical details. Then members can run Sam’s Club Payroll at any time from a smartphone, tablet or desktop computer in less than a minute. The collaboration with Execupay provides white-glove customer service and guidance from dedicated payroll specialists. Read more from Execupay here.
Legal Solutions - LegalZoom
Small business owners are often inundated with legal forms or lack the expertise to properly protect their assets. Exclusively for members, Sam’s Club is teaming up with LegalZoom, the leading online provider of legal solutions, to offer a curated bundle of estate planning products and independent counsel. Members could save up to 25 percent savings on company formation, one year membership of the LegalZoom legal plan, and access to over 160 downloadable forms. Read more from LegalZoom here.
New enhancements to existing services available at SamsClub.com/services
- Payments: New products are available in merchant payment processing from First Data in addition to providing dedicated local consultants to business members in every market. Sam’s Club and First Data offer savings on cutting-edge payments systems to track inventory, manage employees, analyze customer data, drive loyalty and accept payments with security and ease.
- Sam’s Club Travel App: Launched in June 2014, Sam’s Club Travel service could provide members up to 50 percent savings on a la carte travel options from cruises and rental cars to hotels and local attractions. In November, members can access Sam’s Club Travel by mobile app for Android and iPhone users and receive weekly deals through Sam’s Club Travel Insider emails.
“Members frequently tell us that they earned back the cost of their membership in as little as one transaction or through the use of one service,” added Seong Ohm, senior vice president of Membership Services. “That is our goal – to curate a suite of anywhere, anytime services with exclusive savings that make the Sam’s Club membership the most valuable “business card” for our members. Such savings of money and time can be passed on to their businesses, families and communities.”
Cash in Hand Savings at Sam’s Club
In addition to this comprehensive suite of business-friendly services, Sam’s Club financial services provide additional member benefits through two programs:
- Sam’s Club MasterCard - Exclusive to Sam’s Club members, the 5-3-1 credit program provides five percent cash back on fuel purchases, three percent cash back on travel and dining purchases and one percent cash back on all other purchases, anywhere MasterCard is accepted. The card is also equipped with chip-card technology and identity theft resolution support, providing enhanced safety with every transaction.
- Cash Rewards – Sam’s Club Plus members ($100 membership) earn more with every purchase under the new Cash Rewards program. Plus members will receive $10 in Cash Rewards for every $500 spent on qualifying pre-tax purchases, up to $500.
Sam’s Club Business Membership starts at $45 annually. To learn more about the wide array of services for small businesses, visit “Business” at SamsClub.com/services.
About Sam’s Club Sam’s Club®, a division of Wal-Mart Stores, Inc. (NYSE: WMT), is a leading membership warehouse club offering superior products, savings and services to millions of members in 643 clubs in the U.S. and Puerto Rico. To learn more about Sam’s Club, visit the Sam’s Club Newsroom, shop at SamsClub.com, and interact with Sam’s Club on Twitter and Facebook.