Chicago, IL -- (SBWIRE) -- 12/16/2015 -- Chepenik Financial, the Florida-based independent retirement plan consulting firm, today announced a new strategic partnership with InHub, the creator of eRFP, the first web-based technology to digitize the request for proposal (RFP) process for the institutional investing community. The partnership will provide Chepenik Financial with InHub's eRFP technology, streamlining RFPs they conduct on behalf of clients and increasing transparency by allowing committee members to participate in the review process.

InHub's eRFP solution allows users to create a customized RFP questionnaire for each client, submit the questionnaire to their chosen candidates, evaluate proposals side-by-side, take notes online and prudently document the entire process for a fiduciary audit file.

"It is imperative that Committees conduct a formal review of their service providers – even investment advisors – about every 4 years. Not only is it prudent due diligence, it can also help to ensure fees and services are on par with the current marketplace," said Krystle Kaufman, Vice President Retirement Sales, Southeast of Chepenik Financial. "InHub's eRFP technology is well designed for our industry and allows greater productivity for us and our clients."

Chepenik Financial leads retirement plan committees in the development and review of RFP responses, primarily for Recordkeeper or Qualified Default Investment Alternative reviews, for both ongoing due diligence or potential replacements. As a semi-finalist for 2014 NAPA 401(k) Advisor Leadership Award, they use their deep industry knowledge to decipher and score responses and translate them into terms committee members can understand. Chepenik Financial is one of the few Retirement Plan Consultants to offer committees cloud-based eRFP access while other consultants continue to manage RFPs with email and physical-mail.

Through this partnership, plan sponsors considering hiring Chepenik Financial can also gain free access to the easy-to-use RFP technology as they conduct a Retirement Plan Advisor RFP. InHub allows committees to access sample RFP questions, compare proposals apples-to-apples and ultimately feel confident that they are making a well-informed decision.

"Prudently evaluating and documenting a Plan Advisor hire is critical fiduciary function and we are happy to offer committees an independent tool to help them get through that process quickly and head-ache free," said Ariana Amplo, Co-Founder of InHub. "Firms that encourage prospective clients to go through this important process are leading the pack from a fiduciary responsibility standpoint, and we are thrilled to partner with Chepenik Financial."

About Chepenik Financial
For more information on Chepenik Financial, please visit http://www.chepenikfinancial.com.

2014 PlanAdviser's Top 100 Retirement Plan Advisers are selected based solely on quantitative factors, including plan assets and number of plans, as reported directly by nominees. 2014 401k Wire award nominees are evaluated on total retirement business and retirement assets under management, advisor's experience level, demonstrated leadership contributions to the industry, measurable plan results, and good standing with regulatory and industry governance.

Securities are offered through LPL Financial, Inc. an independent, registered broker/dealer. Member FINRA/SIPC. Investment advice offered through Resources Investment Advisors, Inc, .a registered investment advisor. Chepenik Financial and Resources Investment Advisors, Inc. are separate entities from LPL Financial.

InHub is not affiliated with LPL Financial, Chepenik Financial or Resources Investment Advisors, Inc.

About InHub
eRFP, the technology behind Chicago-based InHub, is evolving the way the institutional community hires by bringing the request for proposal (RFP) process online. eRFP offers users an elegant solution to issue and collect proposals with ease. Since InHub's beta launch in April 2014, over $10 billion worth of searches have been issued including investment consultant, investment mandate and other service providers. Please visit http://www.theinhub.com/erfp.

InHub guides institutional investors through the consultant due diligence process by leveraging their proprietary eRFP technology and offering RFP concierge services. Such services may include drafting the RFP, sourcing qualified candidates, issuing and collecting proposal via eRFP, and creating customized scorecards and executive summaries of RFP responses. Contact info@theinhub.com.