Access Perks vs. WEX Benefits

The platform is super well oriented to provide location-specific perks and discount programs to employees based on their local marketplace. It covers all of the major restaurants/retailers/destinations in a given geographic region (and even nationally). It would be great to see additional offerings in the alternative space - vegan vendors, local vendors, etc. as a counterpoint to the tried and true national brands.

Incentivized

It is well suited to help us see exactly which employee and which company the employee is with and how much they employee spent. I really like the reports that it generates and the detail it gives. However I would like to see more details. It would be nice to see the exact date the funds were withdrawn and where the funds were spent. I think this could help us determine that the employee is spending the funds at correct locations and help us when we do our reconciliations of these accounts.

Incentivized

• easy to understand program
• actual discounts that employees can use
• Discounts on everyday things

Incentivized

• In my opinion, poor application of IRS rules
• In my experience, frequent denial of coverage to be later reversed
• In my experience, poor complain processing rules
• need PAPER checks to be sent if you need to reimburse them. PAPER! They don't accept credit cards. A credit card processing company that doesn't accept credit cards.

• UX Design of Site
• Expanded Perk Offerings
• More Remote/Dispersed Benefit Programming

Incentivized

• In my experience, WEX has an inability to connect with other entities on the supply chain (bswift, internal benefits department).
• Slow support request turnaround (3-5 business days).
• Makes FSA substantiation unnecessarily difficult.
• Even when there’s a single itemized receipt for all charges, every charge must be substantiated with a separate upload.
• Even though doing so would satisfy IRS guidelines, WEX won’t accept third party explanations of services as FSA substantiation.

Incentivized

We also evaluated Tickets at Work - both are highly comparable options, but we went with Access Perks given both their incomparable discount network and mobile coupon program. The Access Perks website is also much easier to use, for both administrators and employees, and offers a more compelling discount/perk ratio across the board.

Incentivized

We formerly used TASC and it was a nightmare. We were not at all confident in their administration or compliance of FSAs, HSAs, or COBRA. When we were looking for a new third party administrator to replace TASC, we were immediately drawn to WEX Health. They offered an easy-to-use website, and it was clear that they were serious about compliance and proper administration of benefits.

Incentivized

• employees, for the most part, feel appreciated
• aids in employee retention
• immediate benefit for new hires

Incentivized

• It's great to have all of our HSA, FSA and COBRA on one software
• One software helps reduce redundancy
• One software helps reduce errors

Incentivized