Name: Worxtime ACA Tracking, Reporting & Compliance Software Solution
Uploaded: 2016-09-06T21:02:09.000Z
Duration: 1 min 30 s
Description: See how Worxtime helps you track, report and comply with the Affordable Care Act employee mandate. Auto-populate IRS forms 1094 and 1095 per Section 6055/6056, get alerts when employees reach eligibility based on hours ... find out more at http://worxtime.com

Help Desk

Kiosk

Web and Video Conferencing

Customer Support

AI Code Generation

Automation Testing

Beta Testing

Feature Management

Development

Virtual Classroom

Education

AI Document Creation

Business Intelligence (BI)

Collaboration

Demand Planning

Internal Communications

Knowledge Management

Quality Management

Supply Chain Visibility

Whistleblowing

Enterprise

Accounting

Cash Flow Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

Employee Monitoring

HR Management

Payroll

Talent Intelligence

Talent Management

Video Interview

Workforce Analytics

Workforce Management

eLearning Content

Human Resources

Blockchain-as-a-Service (BaaS)

Business Process Automation

Cloud Data Warehouse

Cloud Storage

Data Integration

Data Replication

Database-as-a-Service (DBaaS)

Embedded Database

Encryption Key Management

Fraud Detection

IT Alert Management

Integration Platform as a Service (iPaaS)

Network Performance Monitoring

OpenStack Cloud

Scale-Out Storage

Test Management

User Activity Monitoring

Value Stream Management

WAN Optimization

Web Content Filtering

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Email Marketing

Enterprise Marketing Management

Grant Management Software

Livestream

Marketing Automation

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Project Management

Professional Services

Auction Software

Customer Relationship Management (CRM)

Sales Consulting

Sales Incentive Compensation Management

Sales Training

Sales

Agriculture

Inventory Management

Last Mile Delivery

Military and Defense

Online Ordering

Shipping

Vertical-Specific

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Worxtime by Equifax Workforce Solutions is a solution designed to help employers comply with the Affordable Care Act (ACA) regulations and reporting requirements. According to the vendor, Worxtime offers flexible data options to support complex scenarios, including multiple Applicable Large Employers (ALEs), non-employee measurement, and merger and acquisition activities. Employers can easily manage and track data related to ACA compliance for different entities within their organization. The system allows for the input of various data points and configurations to accurately calculate eligibility, affordability, and reporting requirements.

According to the vendor, Worxtime provides the necessary tools and functionalities to generate and submit required IRS reporting forms, including Forms 1095 and 1094. Employers can easily report offers of healthcare coverage to employees and ensure compliance with IRS regulations. The system streamlines the process of generating accurate and timely reports, reducing the risk of penalties for non-compliance.

Worxtime offers automated look-back and monthly measurement options to determine employee eligibility for healthcare coverage, according to the vendor. The system calculates affordability based on the employee's income and available coverage options, helping employers reduce penalty risks. Employers can easily track and manage eligibility and affordability calculations to ensure compliance with ACA regulations.

According to the vendor, Worxtime helps employers build an audit trail to track form approvals and submissions, ensuring compliance with IRS requirements. The system provides a comprehensive record of all actions taken, facilitating faster response times to IRS inquiries or audits. Employers can easily access and review the audit trail to demonstrate compliance and provide necessary documentation during IRS audits.

Worxtime enables employers to deliver ACA forms, such as Forms 1095, to employees within the required deadlines, according to the vendor. The system also supports the submission of these forms to the IRS, ensuring compliance with government-imposed deadlines. Employers can streamline the process of distributing and submitting forms, reducing administrative burden and ensuring timely compliance, according to the vendor.

Worxtime is a governance, risk and compliance software solution built to help employers with compliance to the Affordable Care Act Employer mandate.

Team (1-10 employees)

Business (10-100 employees)

Enterprise (50+ employees)

Egnyte

Personal

Team

Department

Organization

Clear Analytics

Worxtime

Governance, Risk and Compliance (GRC) Platforms are software for automating the performance and security risk management, and compliance auditing policies inherent in IT asset management.

Governance, Risk & Compliance

Worxtime ACA Tracking, Reporting & Compliance Software Solution

See how Worxtime helps you track, report and comply with the Affordable Care Act employee mandate. Auto-populate IRS forms 1094 and 1095 per Section 6055/6056, get alerts when employees reach eligibility based on hours ... find out more at http://worxtime.com

The goal of IT governance is ultimately to ensure that the processes governing evaluation, selection, prioritization, and funding of competing IT investments are driven by the overall business

Common repository of GRC items

A common repository linking all GRC elements such as policies, risks, regulations, etc.) to give a 360 degree view

Risk management

Risk management capabilities including alert engine to warn of trending risk exposure and risk visualizations like heat maps, dashboards, etc.

Integration with Corporate Performance Management (CPM) systems

Ability  to integrate with external CPM software

GRC policy management

Support for policy lifestyle changes including creation, approval, communication etc.

Incident management

System captures risk-related incidents, including cause and result

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Worxtime

Overview

What is Worxtime?