WageWorks, Inc. is an on-demand provider of tax-advantaged programs for consumer-directed health, commuter and other employee spending account benefits (CDBs), in the United States. The Company administers and operates an array of CDBs, including spending account management programs, such as health and dependent care flexible spending accounts (FSAs), health savings accounts (HSAs), health reimbursement arrangements (HRAs), and commuter benefits, such as transit and parking programs. The Company delivers its CDB programs through a benefits-as-a-service (BaaS), delivery model that employer clients and their employee participants may access through a standard Web browser on any Internet-enabled device, including computers, smart phones and other mobile devices, such as tablet computers. The Company markets and sells its CDB programs through multiple channels, including direct sales to large enterprises, direct sales and through brokers to small and medium-sized businesses (SMBs)...
