Benefits Administration Software
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Rippling gives businesses one place to run HR, IT, and Finance. It brings together all of the workforce systems that are normally scattered across a company, like payroll, expenses, benefits, and computers. This enables users to manage and automate every part of the employee lifecycle…
OnPay's payroll and HR is designed for people who want to spend more time running their business, and less on back-office tasks. The application aims to enable users to:• Run payroll• Automate taxes• Let employees do more themselves• Simplify HR processes• Offer benefits in any state…
ADP Workforce Now is a cloud-based HR platform for mid-sized businesses. It features customizable modules of various HR services that businesses can tailor to their specific needs, as well as regulatory monitoring and alerts to help businesses remain compliant.
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The Payroll and Benefits solution from HotSchedules, now powered by Fourth, is built specifically for restaurants and hospitality, and allows users to manage multiple employments, varying pay rates, shift work, variable hours, temporary staff, and PTO. Users may optionally outsource…
DATIS, from ContinuumCloud in Tampa, Florida is a comprehensive HR solution featuring core HR, benefits administration and payroll, some talent management, applicant tracking and recruiting, time and attendance, and workforce analytics.
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timeOut from CWS Software in New Jersey is a very light weight benefits admin tool, dedicated to paid time off (PTO) tracking for small businesses.
An insurance brokerage offering Bespoke Group Health Insurance for companies. Includes mental wellness sessions, doctor consultations, dental and vision cover. The solution boasts 800+ clients across the country like Mindtickle, Dunzo, Mamaearth, and Vedantu. Plans include: Group…
Accomplish EP (formerly TeemWurk) is a Benefits Enrollment and Administration services provider that facilitates benefits enrollments through the SaaS based application. The tool is designed to handle bulk enrollments and data volumes. Accomplish EP takes responsibility for transaction…
Workzoom offers people management software designed to help medium-sized enterprises connect and inspire their teams to do the right things at the right time while also providing learning opportunities and insight for strategic decision making. Workzoom's technology creates a tailored…
Conduent's BenefitWallet digital platform integrates technology, member and resource tools, and communications expertise to deliver employee engagement, to help users achieve administrative simplicity with a single point of contact for all accounts. BenefitWallet offers an engagement…
Zimyo offers unified HCM platform that helps automate tedious HR processes, eliminate payroll errors and foster positive human experiences. Zimyo solutions enable organizations to improve their key metrics by minimizing their employee onboarding time, turnover ratios, improved ESS…
SyncHR headquartered in Oakland, California offers their eponymous platform for HR management, benefits and payroll.
Inova is a payroll and HR solutions company serving small and medium-sized employers across the United States. Headquartered in Nashville, TN. Inova Payroll provides a human capital management solution to better attract, hire, pay and engage employees. Features include a single…
PlanSource BenefitsOne is an employee benefits engagement platform, from PlanSource headquartered in Orlando, Florida. The solution presents streamlined workflows and real-time integrations, as well as a mobile-friendly enrollment experience that’s designed to maximize HR efficiency…
BerniePortal is an online HR platform that helps small and medium-sized employers solve the transactional challenges of HR with software and the strategic challenges of healthcare with a trusted advisor. BerniePortal handles applicant tracking, onboarding, PTO tracking, time and…
Alight Global Payroll (formerly NGA Global Payroll) is a payroll management software solution. It is built specifically to help multinational companies maintain globally compliant payrolls.
Niftiee offers an Employee Benefits platform with no minimum member requirement. There are no limits on how many trivial benefit gifts a business can give, as long as each one-off gift costs no more than £50 per employee. For example, a Niftiee monthly subscription costs £7.99 (+VAT)…
Origamee Presencia simplifies the daily record of the working day of employees and also allows the manager to manage leaves, vacations and prepare periodic reports on each employee.Its different model systems adapt to the needs of any type of company: for those in which their workers…
EasyAppsOnline is a broker's tool that produces InstantQuotes, level-funded, core and voluntary product enrollment as one step, new hire and onboarding support for clients, and single-click submission of applications to carriers.
PenServ Plan Services, Inc. is a full-service, third-party administrator (TPA) offering retirement plan recordkeeping and administrative services, compliance testing, auditing, and document services to large and small for-profit and nonprofit employers, as well as tax-exempt governmental,…
An all-digital benefits administration platform that accommodates everything from admin setup to open enrollment to status changes. The platform can be used to manage pre-tax, COBRA, and retiree billing benefits in one place, and enable employees to save for medical events, commuting…
Commuter Benefits is a suite of products from Edenred, used to help solve today’s commuting challenges for employees. With traditional options like public transit, Lyft shared rides, and parking, their solutions include mobility solutions like bike share, e-scooter rental and single…
Pulley is the eponymous equity management platform from the company in San Francisco, that aims to provide the tools and insights to help the user's company fundraise smarter, attract better talent, and stay compliant.
Salary Finance is an employee benefit solution from the company of the same name, that helps employees pay down debt, grow savings, and accomplish financial goals.
Payboy, headquartered in Singapore, offers their HR management software platform that includes payroll capabilities, leave request management and processing, benefits administration, time tracking and employee scheduling, and application tracking.
Benefits Administration Software TrustMap
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Learn More About Benefits Administration Software
What is Benefits Administration Software?
Benefits Administration Software is used to automate the process of managing employee benefits and eligibility, including medical insurance, pension & retirement, and PTO. It centralizes benefits data for administrator, manager, and employee visibility. This type of software also includes healthcare brokerages or marketplaces for use by employers and healthcare analytics platforms for decision optimization.
Benefits administration software saves time managing and scaling benefits administration processes. By centralizing benefits administration to a single platform, businesses can more easily monitor their own benefits expenses and budgeting. It also improves employees’ ability to self-serve their benefits information, such as selecting plans and accessing 3rd party providers. The solutions can also streamline and guide compliance with regulations like the Affordable Care Act.
Benefits administration software can be a standalone solution. However, much of the market consists of HR Management products and HCM suites that encompass some form of benefits administration. Standalone benefits administration software should integrate smoothly with other HR and finance systems. High-quality integrates enable automated data flow from system to system, eliminating the need to update information in multiple systems manually. Many systems are also modularized, so buyers only need to purchase the specific benefits administration features that the organization needs.
Benefits Administration Software Features & Capabilities
Benefits Record Management
Online Benefits Enrollment
Third-Party Carrier Integration
Document Management
Total Compensation Statements
Employee Self-Service Benefits Portal
Affordable Care Act reporting
Benefits Dashboards
Mobile Benefits Access
Integrations / APIs
Benefits Administration SoftwareComparison
When comparing benefits administration software, consider these factors:
Standalone Benefits Administration vs. HCM Suite: Does the organization already have an HR management system and only need to layer a point solution on top of it? Or should it adopt a comprehensive HCM suite? The full suite may be overkill for some organizations. In contrast, managing multiple HR systems can be more costly and limit long-term scalability in favor of specific best-of-breed features.
Benefits Marketplace: Does each option have a native benefits marketplace? If so, are there any limitations on provider options or advantageous terms of specific benefits providers? The quality and pricing of a given benefits marketplace can dramatically impact the overall TCO associated with a given platform.
Mobile Accessibility: Many employees will prefer to engage with HR systems mobily. Most leading benefits administration software will have some form of mobile app, but not all are created equal. Consider the ease of use and level of functionality that the mobile application actually supports to determine how well it will serve employees’ needs.
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Pricing Information
Sometimes, benefits enrollment systems are sold as part of a larger HR software suite, and pricing for the benefits administration component is rolled into the overall price. But for standalone products, there are different pricing models.
Two of the most common are a monthly flat fee, or a flat fee minimum plus a per employee, per month license. The latter is dependent on the number of employees in the system which may act as a brake on adoption. Under this scenario, common pricing is a flat fee of $30 to $200 or more, depending on capabilities, plus a per employee price of $10 to $20.