Murfreesboro Software Company Uses PEO Services

for HR, Benefits, and Payroll

Being a family-owned business with deep technical roots has enabled Bondware Inc. to provide software for building and managing websites with online community and e-commerce marketplaces since 2001.  Bondware was formed as a spin-off from Edgenet Inc., an early internet provider and software company based in Brentwood, TN to deliver sophisticated features on hosted websites without incurring excessive licensing fees. Bondware owns and operates several websites based on the software and licenses the software in a SaaS manner to other businesses such as publishers and associations.

Challenges: HR Knowledge & Compliance

Prior to taking advantage of LBMC Employment Partners’ Professional Employer Organization (PEO) services for HR, payroll, and benefits, Edgenet Inc. worked with LBMC for compilation and tax services. Edgenet founder, Tim Choate, lead the spin-off/acquisition of Bondware, Inc. in 2001 and established the relationship with LBMC EP to reduce HR overhead and ensure best practices in the spin-off company. “The synergistic relationship with other LBMC services such as compilation, tax, and wealth management as well as our long-term relationship with key staff made it an easy decision to go with LBMC EP for our HR needs,” said Vice President of Finance & Administration, Tammy Choate. “We have expert HR expertise on demand whenever we need it which is always reassuring.”

Solutions: Improving Workflow with Specialization & Expertise

Although Bondware has partnered with LBMC EP since inception, they rely on the deep HR expertise in areas such as employment law, employment policies and compensation advice. “Relying on LBMC Employment Partners for best HR practices has worked out well as we believe it has allowed us to avoid HR issues encountered by many small businesses,” said Tammy Choate. LBMC Employment Partners has improved their workflow with HR specialization and expertise, allowing them to quickly grow from a team of two employees to now eight employees and over 50 independent contractors. “We have recommended LBMC EP many times to organizations where it does not make sense to build out an internal HR staff. We pride ourselves on providing generous benefits and flexible work arrangements for employees, and much of this is due to the services that LBMC EP provides us.”

 

We are thankful for the opportunity to serve their people and watch as Bondware Inc. has grown and continued to be a leader in the technology industry. Contact us today to begin your partnership with us.

 

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