HCM Optimization

HCM CONFIGURATION

& INTEGRATION

BENEFITSCAPE HCM CONFIGURATION & INTEGRATION services transform the ben admin experience for everyone — for you the employer, your employees, and your plan providers.

Our deep expertise in both benefits and technology places us in a unique position to configure and optimize how your HCM platform works for everyone's benefits.

BENEFITSCAPE HCM CONFIGURATION & INTEGRATION services cover all four areas of benefits administration and compliance outlined below. The end result is best-in-class benefits governance, risk management & compliance, maximizing the value your organization's gets from its investments in both HCM software and employee benefits.

WHAT'S INCLUDED?

Benefits Healthchecks for all ben admin data flows and processing on your HCM — including rapid troubleshooting diagnostics and system stability/security audits. Your organization receives detailed BENEFITSCAPE action reports on both critical corrections and recommended changes for optimizing your HCM to the specific and detailed needs of your business.

Optimized Configuration of all ben admin & compliance processing on your HCM — meeting the most exacting demands of your detailed business rules, plan designs, benefits operations, and unique employee population. This full-suite configuration service covers Open Enrollment, On-Boarding, Life-Event Changes, and your critical compliance tasks such as ACA Reporting.

Next Gen Data Integration for streamlined, resource-saving data exchanges — including automated carrier feeds. BENEFITSCAPE leverages the advanced functionalities of both your HCM software and our own specialized bentech to synchronize friction-free data flows across all systems and user touchpoints within the carrier-to-employee benefits supply chain.

Employee Engagement analytics and consulting — drawing on BENEFITSCAPE's deep and wide-ranging benefits experience across leading employers to support your organization's optimized employee messaging and decision support on your benefits portal.

Hundreds of leading employers across all business sectors are already transforming their orgnanization's benefits experience thanks to BENEFITSCAPE's unique combination of deep benefits expertise and equally deep understanding of data management software, including all major HCMs and the development of our advanced BENEFITSCAPE bentech.

FIVE KEY BENEFITS OF HCM OPTIMIZATION

1. Unified Database. BENEFITSCAPE HCM Optimization embeds specialist benefits functionality and data flows directly into the employer’s HCM infrastructure. HCM Optimization is not a bolt-on solution but a friction-free deep integration, with all the advantages of a unified database.

Data consistency is enhanced, and manual data transfers eliminated. Platform continuity and integrity are also maintained as an organization’s HCM evolves to support future growth and/or change management.

2. Enhanced Data Security. By making extended use of a single, unified database, HCM Optimization for ben admin also enables improvements in an organization’s systems security, including reduced data latency.

3. Consistent & Enhanced User Experience. HCM Optimization and embedded functionality give employees a unified point of access for all their HR and benefit needs. BENEFITSCAPE also ensures a consistent and intuitive user interface. Navigation is simplified, logins reduced, and employee engagement enhanced.

For administrators, operations and user experience are similarly streamlined and enhanced, with an organization’s training needs also reduced.

4. Real-Time Data Processing & Enhanced Reporting. Advanced HCM systems are equipped with real-time data processing. Optimized for ben admin, real-time HCM data facilitates timely decision-making; agile benefits management; and accurate and efficient compliance reporting.

In short, BENEFITSCAPE HCM Optimization services provide a responsiveness and agility equivalent to legacy specialist ben admin solutions but also simplify reporting and analytics within a unified view of HR and benefits data.

5. Consolidated Compliance Management. BENEFITSCAPE HCM Optimization integrates and consolidates federal and state compliance data and reporting. For example, it makes available and processes in one system all the information needed for ACA reporting, including eligibility and offer affordability management.

This single data view simplifies the process for other IRS and DOL reporting too, such as PCORI or ERISA; and by doing so, it promotes data accuracy and consistency across all an employer’s different compliance submissions.

HCM Optimization transforms the value of investment in both HCM systems and benefits.

BENEFITSCAPE CEO Kim Phillips

BENEFITSCAPE HCM OPTIMIZATION & INTEGRATION adapts to every major HCM and to each client’s specific operational needs, business rules, benefits supply-chain, and unique employee population.

In this way, BENEFITSCAPE ensures even the most complex employee benefits management needs are processed with friction-free accuracy and efficiency.

Below are just a few examples of the many practical and game-changing benefits to the employer of HCM OPTIMIZATION & INTEGRATION:

Reduced resource burdens
Enhanced data and system security
Streamlined open enrollment processes
Integrated carrier feeds
Enhanced payroll interaction & employee engagement
Friction-free ACA & other compliance reporting
All within the employer’s existing HCM system

STRATEGIC BENEFITS PARTNERSHIPS

Collaboration & strategic partnerships throughout the benefits supply chain lie at the heart of BENEFITSCAPE's emergence as a leading innovator in HCM Optimization services for employee benefits management.

"We have a proven record of partnership with employers of all sizes, in all sectors, and on all major HCMs, helping them maximize the business value of their investments in both HCM systems and employee benefits.

"And we bring strategic value and business efficiencies to our client's other key service, systems, and plan providers by partnering with them to integrate the end-to-end health & welfare supply chain into HCM Optimization for ben admin."

BENEFITSCAPE CEO Kim Phillips

"BENEFITSCAPE represents the epitome of what it is to be a great partner. They are continuously innovating, they challenge us and work with us to get better... to deliver superior client experiences."

Dayforce VP of Partnerships Mike Fleck

HCM CONFIGURATION

& INTEGRATION

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