Administering benefits programs involves plenty of complex tasks that can entangle with each other and put additional items on your plate, making you busier and more occupied than you already are. Although, it does not have to be that way. Guide and help individuals realize the potential of their benefits with just a few clicks and get the outcomes you desire within your reach by securing robust benefits support software.
14+ Benefits Support Software
9. Virgin Pulse
What Is Benefits Support Software?
Benefits support is the digital technology that functions as a solution that can help benefits managers make employees understand their benefit programs. It is an integrated platform that unifies the controls you need under one roof and centralizes the information you want to access. With this software solution, end users can set up a web portal, allowing employees to update their personal information and track changes on their plans.
Also, it has functionalities for digitizing the benefits enrollment process for smoother transactions. In addition, using a benefits support solution gives you the capability to measure data analytics and generate reports for better insights into the success of the benefits program.
Digitizing your processes through this digital tool streamlines the activities you need to undertake to provide the resources necessary to employees. It provides you with a platform to connect and share information with employees, increasing your accessibility and improving transparency. Additionally, with it, you can access advanced capabilities such as machine learning to make recommendations more personalized.
Choosing your software is a crucial decision that can ultimately impact the success of your benefits administration process. With a make or break factor such as this, ensure to consider the essential components and study the things there is to know about the trends regarding this software category to be more efficient and effective in filtering your long list of choices on the software market. Look into the pricing plans they offer and how well their service offerings align with your benefits support needs. Their supported digital devices and the following features are also essential elements you should consider:
- Engagement dashboard
- Data analysis and reporting capabilities
- Application management tools
- Live chat functionalities
- Document management tools
- Financial planning features
- Artificial intelligence capabilities
- Third-party applications Integration
Top 10 Benefits Support Software
1. Virgin Pulse
Tools for program management and an employee portal are features you can use in this corporate wellness software. They have 233.2 million dollars in revenue and have 1,608 employees working for them.
Progress tracking and goal setting tools are some features you can use in this platform. They have generated a revenue of 146.71 million dollars and have employed 573 people.
Empyrean is a human resources software with deduction management and employee self-service tools. They have employed 640 people and have a revenue of 128.6 million dollars.
With this platform, you can streamline benefits management and personalize the enrollment process. They have 750 employees and have 85 million dollars in generated revenue.
This benefits administration solution has retirement plan management and online benefits enrollment functionalities. Its software company, The Jellyvision Lab, has 84 million dollars in revenue and has 400 people in its team.
With this digital solution, you can use life insurance administration features and a benefits dashboard. Asure has 500 people working for them and has 65 million dollars in revenue.
HealthJoy is a healthcare guidance app with employee benefits management features and a custom dashboard. They have a generated revenue of 46.4 million dollars and have 257 people on their team.
This digital transformation tool for healthcare businesses has lead engagement and benefits administration capabilities. They have 42 million dollars in revenue and have 200 employees.
Greenshades is an HR solution that provides users with applicant tracking and CRM software functionalities. They have 135 employees in their team and have a generated revenue of 17.6 million dollars.
With Workzoom, you can access business instant messaging tools and resource management capabilities. They have 21 employees working for them and have 3 million dollars in revenue.
What is benefits administration software?
Benefits administration software is a digital solution for simplifying the processes for managing the varying aspects of generating and customizing benefits programs for new and existing employees. It streamlines online enrollment and provides capabilities for managing providers. You can find this tool commonly integrated with end-to-end human resource management solutions.
What are tips for managing benefit programs?
Incorporating workflow automation in your current practices is one of the best practices you should follow to keep up with the changing demand. It minimizes the need for manual data entry and heightens data backup and security for essential documents and records involved. Another tip is to leverage data and analyze it to gain insights into adjusting your plans and pivoting benefits management strategies.
Why is benefits decision support essential for employees?
A benefits decision support practices ensure that individuals get an in-depth understanding of their employee benefits program to avoid complications and issues. Also, it helps employees navigate their way throughout the benefits administration process and make the most of their benefits for specific situations to make cost-efficient and effective decisions.
Show employees the ins and outs of optimizing their benefits packages to engage them and start building relationships by adapting through going digital and getting the necessary modern solutions for your digital toolkit. Leave your employees with the impression that you want the best for them by equipping nothing less than the best benefits support software.
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