We sat down with Eureka DevSecOps co-founder Farshad Abasi, to discuss the impact that ElektraFi had on his software security company and its people.
The Benefits Gap: Seeing The Full Financial Picture
When Eureka came to us, they were facing a common challenge: competing with larger firms on employee benefits without the same budget or resources.
Their team didn’t just need more perks, they needed clarity around their finances, so they could thrive in a tough economic environment.
We helped Eureka bridge the benefits gap by giving their employees a clear, complete view of their financial lives.
“Using ElektraFi, they were able to get that centralized view of their compensation as well as their financial well-being.”
Plug-and-Play Financial Wellness: Delivered In Hours, Not Weeks
A core priority of our customer experience is to ensure that onboarding and roll-out is as quick and hassle-free as possible, for all areas of the organization.
Eureka co-founder Farshad Abasi was impressed with the onboarding process which allowed him as a business owner to invest minimal time in the set-up stage.
The ElektraFi platform has been designed from the ground up to be intuitive and accessible, not just for employees, but also for business owners and HR teams.
“Amazing onboarding experience - we were up and running in a matter of hours”
Meeting The Gold Standard For Data Privacy And Security
As a software security company, Eureka had high expectations when it came to user privacy and data handling.
Eureka’s employees are highly tech literate, understand software security protocols, and scrutinized every part of the platform as it was rolled out across the organization.
The Eureka team even agreed to undertake a rigorous security audit of ElektraFi, which we are pleased to say we passed with flying colours.
“ElektraFi has taken all the measures from the beginning to ensure that the system is secure, they’ve done all the pen testing, getting the SOC 2 compliance. That goes a long way in showing your clients that you believe in their privacy.”
The Results: Reduced Stress & Improved Financial Well-being
Eureka praised the platform for how easy it is to use and the instant benefits it brought to their employees.
As software experts, they loved the user flow and ability ElektraFi has to tie multiple financial datapoints together.
“The feedback has been phenomenal. People are less stressed out about their overall financial well-being now they have a better picture.”
The team reported better overall financial wellbeing, increased confidence, and a clearer picture of their future and things they should be working towards.
“We’re seeing an uptick in people saving for their retirement, saving for emergencies and things like that.”
Overall, the biggest takeaway from the Eureka team was that they felt less stressed and more engaged with their finances, leading to increased focus and better outcomes at work.
Financial well-being starts here.
