For ACA compliance, the best time to identify issues is well before filing deadlines.

Yet ACA reporting too often becomes a year-end scramble: pulling together data from multiple sources, checking eligibility and affordability, managing exceptions, resolving discrepancies, assigning IRS codes and trying to ensure everything is accurate before filing deadlines arrive.

And when errors are discovered after the fact, the work doesn’t stop. Corrections and remediation add cost, consume valuable time and can increase compliance risk.

______________________________________

Get ahead of issues and corrections

There is a better approach: assurance rather than excessive corrections.

ACA compliance is best managed as an end-to-end process throughout the year. But even if that hasn’t been the approach so far this year, now is the time to get ahead of the filing scramble.

Starting now means creating a clear picture of where you stand, surfacing issues while there is still time to address them, and moving towards filing with greater confidence and control. That creates assurance for this year — and provides the foundation for a more continuous approach to compliance in the year ahead.

Specialist RegTech. Any HCM.

At BENEFITSCAPE, we deliver assured ACA compliance and reporting for thousands of leading employers. Our managed service leverages proven ACA_RegTech — our intelligent, system-agnostic middleware that works across all major HCM platforms and data sources, adapting to each unique employer’s systems, processes and operating requirements.

From eligibility, affordability, and exception management through IRS coding and employee communications to certified federal and state filings, BENEFITSCAPE orchestrates the data, technology, and expertise to deliver cost-effective, accurate ACA compliance.

______________________________________

Now is the time for assurance

Getting ahead now brings greater assurance to this year’s ACA reporting — while creating the foundation for continuous assurance in the year ahead.

Talk to BENEFITSCAPE about taking control of your ACA compliance and reporting before filing deadlines take control of the agenda.

RegTech-enabled ACA services are available stand-alone or as part of BeneSphere — BENEFITSCAPE’s ecosystem solution for modern benefits and compliance.