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BenefitWallet

BenefitWallet

Overview

What is BenefitWallet?

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 across multiple delivery channels,…

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Recent Reviews
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Pricing

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BenefitWallet

BenefitWallet

N/A
Unavailable

What is BenefitWallet?

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 across…

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Alternatives Pricing

ADP Workforce Now

ADP Workforce Now

N/A
Unavailable
What is ADP Workforce Now?

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.

Rippling

Rippling

$8
starting price per user, per month
What is Rippling?

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 in a single…

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Product Details

What is BenefitWallet?

BenefitWallet Competitors

BenefitWallet Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews and Ratings

(1)

Reviews

(1-1 of 1)
Companies can't remove reviews or game the system. Here's why
May 12, 2022

Easy to Use, But Customer Service Needs Improvement

Verified User
C-Level Executive in Corporate
Marketing and Advertising Company, 1-10 employees
Score 7 out of 10
Vetted Review
Verified User
Incentivized
Use Cases and Deployment Scope
This is the Health Savings Account solution we chose to offer company-wide with our health insurance benefit plan. It works in conjunction with Medical Mutual health insurance, and provides a nice way for users to receive contributions and manage disbursements. The simple interface provides a relatively easy experience for users.
Pros and Cons
  • Provides educational resources for HSA members
  • Easy to send in a contribution
  • Nice reporting feature
  • Allows direct payments to providers
  • Security was an issue for us
  • Customer service lacked follow through on a fraud matter
  • Tricky to confirm contributions for a prior year are recorded correctly
Likelihood to Recommend
While the user interface is relatively easy to use and offers nice functionality, from out experience, we had an issue that their fraud security was weak. One of our cards was somehow used out of state, at a pharmacy that it had never been used at before, with 3 transactions for exactly $100 each every day. One would think that some type of software AI would have flagged that as suspicious activity, but no. It was caught when the member tried to use the card and it was declined, and the last $100 transaction was processing, draining the account to zero. We called customer service, and they said paperwork was coming out - one document for each transaction, which was a huge amount of paperwork - via next day air to file the fraud claims. They were also supposed to put a freeze on the account immediately. After a week, NO paperwork had arrived, and when I called in to track it down I also found that the CSR had NOT shut the account down and the fraudsters were attempting further withdrawals of transactions for
Most Important Features
  • Ease of use
  • Reporting
  • Ability for user to self-service
  • Security
Return on Investment
  • Employee NPS rose 3 points once we moved to an HSA
  • Employee retention has improved
  • Easier to attract new employees
Alternatives Considered
BenefitWallet was recommended to us by our Health Insurance Broker, so we did not explore other options. However, BenefitWallet is nice in that you don't need to keep receipts and transactions are generally accepted and not declined as happens with other providers.
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