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Benepass vs. Forma Life Benefits Platform

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Benepass

    Score10 out of 10
    N/AN/AN/A

    Forma Life Benefits Platform

    Score10 out of 10
    N/AForma (formerly Twic) is a life benefits platform that enables companies to design and scale global benefits programs with options that fit employee’s lives, from health and wellbeing to lifestyle.N/A
    Pricing
    BenepassForma Life Benefits Platform
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    BenepassForma Life Benefits Platform
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Best Alternatives
    BenepassForma Life Benefits Platform
    Small Businesses
    Ease
    Score9.9 out of 10
    No answers on this topic
    Medium-sized Companies
    Employee Navigator
    Score8.7 out of 10
    No answers on this topic
    Enterprises
    ADP Mobile Solutions
    Score8.4 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    BenepassForma Life Benefits Platform
    Likelihood to Recommend
    10.0
    (1 ratings)
    10.0
    (2 ratings)
    User Testimonials
    BenepassForma Life Benefits Platform
    Likelihood to Recommend
    Benepass
    Benepass is great for employees that want to keep track of how much of their stipends they have used. It really ensures employees are taking advantage of the perks and benefits their company is offering. Uploading receipts is really easy to use as well so the amount of time spent by employees is minimal when taking advantage of their stipends. I believe this would maximize employee happiness and satisfaction with their company, therefore helping with employee attrition.
    Incentivized
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    Forma Inc
    I think Forma is pretty clear on the intention of using the funds to either positively contribute to your health or getting out with your friends and family. It takes some sting out of extracurricular activities that can, otherwise, be expensive. I think some people have tried to use it for stuff other than what it is intended for. This goes back to people not knowing which businesses will be considered acceptable to use Forma at.
    Incentivized
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    Pros
    Benepass
    • Tracking how much of my stipend I have available to spend each month/year
    • Uploading receipts is easy
    • Adding bank account is seamless and direct deposit occurs quickly after expense approval
    Incentivized
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    Forma Inc
    • Has amazing products
    • Makes purchasing products and services easy
    • Has great product/service descriptions and photos
    • Easy to navigate site
    • Easy to purchase products
    Incentivized
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    Cons
    Benepass
    • When using a virtual card, I still need to submit details for the expense. It feels like it would just be easier to fill in an expense rather than setup a virtual card for recurring payments that are reimbursed through stipends.
    Incentivized
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    Forma Inc
    • Clarification on what places accept Forma
    • Not sure if there's an app, but if not, that would be helpful for checking balances
    Incentivized
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    Alternatives Considered
    Benepass
    I did not select Benepass as I’m not a decider for that in my company. But as a user, I think Benepass is better than my experience with Airbase due to the ability to track how much of my stipends I have spent. I would say it matches with Expensify, they are both similar to me and offer the same set of key features such as tracking various stipend spending/amounts and the use of virtual cards.
    Incentivized
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    Forma Inc
    I have not used anything similar to Forma in the past.
    Incentivized
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    Return on Investment
    Benepass
    • Employee retention. It helps employees take advantage of the awesome benefits and stipends their employer offers. Without seamless software to use here, employees may easily forget or just not use their benefits.
    Incentivized
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    Forma Inc
    • Allows employees access to wellness products
    • Works in tandem with our other health-related programs
    • Provides a great incentive for our teams to strive for better health
    Incentivized
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    ScreenShots