Hi! You found our list of the best employee benefits software.
Employee benefits software are programs that help employers select and administer benefits packages for organizations. Employees use these platforms to enroll in plans. This software typically provides information about different plan types, comparisons between plans, automated enrollment or re-enrollment capabilities, and regulatory compliance features.
This post contains:
- benefits enrollment software
- benefits administration platforms
- employee benefits providers
Plus more tools too.
Here is everything you need to know.
List of employee benefits software
From all-in-one suites to specialty software, here is a list of the best software for healthcare, retirement, vacation, and other employee benefits.
Justworks is a professional employer organization that handles HR functions for small businesses without extensive HR departments. Organizations can specify which benefit options to offer workers, and employees sign up for mandatory or voluntary benefits through the online portal. TeamBuilding is a client of Justworks, so I can attest that the platform is easy to use. Justworks clearly posts sign-up deadlines and sends enrollment reminder emails, which translates into a low-stress process for both the employee and employer.
Check out Justworks.
Zenefits is one of the most well-known benefits administration platforms. The software enables employers to search for and compare benefits plans for businesses, and allows employees to enroll directly through the online enrollment tools. Zenefits also provides a mobile app so that employees can access benefits information from anywhere. The program supplies organizations with valuable data that reveal insights about the benefit packages’ utilization and performance. The program’s automated administration functions save time and help to ensure ACA compliance, serving HR professionals well for record-keeping and audit purposes. Plus, the company’s accompanying HR and Payroll software platforms provide valuable functions like tax filing, performance management, and employee onboarding.
Check out Zenefits.
Gusto does hiring and onboarding, time tracking, payroll, and employee benefits for small businesses looking for a one-stop solution. The program enables employers to custom build benefits packages for employees by choosing from health and financial benefits like health insurance or reimbursement plans, HSAs and FSAs, dental, vision, cash accounts and pay advances, a 401(k), or commuter benefits. The user-friendly platform also provides a support system of HR professionals and licensed advisors ready and able to answer questions.
Check out Gusto.
Rippling is a payroll software that doubles as a benefits administration platform. The program allows employers to shop thousands of plans and compare between employee benefits providers, or seamlessly connect pre-existing coverage to the platform. Automated emails and invitations and an accelerated online enrollment platform are features worth mentioning. Like many other benefits platforms, Rippling also contains compliance tracking safeguards.
Check out Rippling.
ADP offers online benefits administration services that include tools, guidance, and support for employers and employees. The platform integrates with numerous systems, making it simple to add ADP into existing software suites. Plus, ADP also offers a mobile app for easy access. Data analytics tools and HR consultants help business leaders develop benefits administration strategies. Plus, benefits calculators and decision support tools help workers pick ideal plans.
Check out ADP.
League is a benefits enrollment software that focuses on employee experience. The program provides simplified information via snippets and surveys that help employees become knowledgeable healthcare consumers. Seemingly drawing inspiration from personal banking apps, the League app displays a handy dashboard that displays account amounts and details in an organized health profile. Plus, League drives engagement by rewarding healthy behavior with points and personalized content. Although the platform centers on employees, League aims to lower healthcare costs and improve efficiency for organizations too.
Check out League.
Benefitfocus is an extensive employee benefits platform designed to streamline the benefits administration process. The program hosts an extensive catalog of both unique and traditional benefits. These benefits range from standard health, dental, vision, and retirement plans to student loan assistance, critical illness support, car insurance, tax preparation, fitness services, and more. The mobile app facilitates a positive experience for employees. Data insights and employee communications help HR professionals shape and fulfill their benefits administration strategies.
Check out Benefitfocus.
Namely is one of the more extensive benefits enrollment platforms. By partnering with Cigna, Namely built the Namely Exchange, an online healthcare marketplace with many plans and packages. Benefits advisors answer questions and help employees navigate the options, steering individuals towards optimal offerings. Namely promises cost-saving billing and invoice reconciliation, smooth flow of data between individuals and carriers, and a streamlined, guided process with consistent communication. Also, Namely boasts modern benefits options such as student loan reimbursement, behavioral health support and parental leave in addition to more traditional offerings like healthcare and dental coverage.
Check out Namely.
bswift is a benefits administration partner that combines technology and customer service into an outsourced benefits administration process. Prompting respondents via questions on an online platform, bswift gathers data to help inform the plan selection process. Then, the client team works to select solutions that suit a company’s current needs. Employees enroll through an online system, and customer representatives are available to assist or answer questions anytime. bswift couples the accuracy and convenience of technology with the reassurance and personalization of human elements, creating an experience that is both straightforward and responsive.
Check out bswift.
ase is one of the best benefits administration platforms for small businesses. Ease offers a digital enrollment process complete with a progress dashboard for admins, a mobile app with 24/7 access, broker support, and an EaseConnect system that facilitates seamless submission to carriers. The software is user-friendly and designed to reduce errors by advancing to the next step only after applicants enter all necessary information.
Check out Ease.
11. Employee Navigator
Employee Navigator is an all-in-one HR platform that includes benefits administration. The interface allows users to quickly navigate the platform, input data, and access the portal anytime. Administrators can add and track tasks for employees to ensure participation and compliance in programs. Continuous updates ensure software accuracy and adherence to shifting regulations. Analytics and reporting features provide valuable insights that help professionals create or adjust benefits strategies.
Check out Employee Navigator.
GoCo combines benefits, payroll, and generalized tasks into one centralized HR database. Time-saving employee self-service tools include online enrollment and at-a-glance plan comparisons. Data synchronization ensures that changes get recorded and information stays up-to-date. Certified advisors and an online HR resource library provide further guidance.
Check out GoCo.
ScalePEO is a professional employer organization that simplifies payroll, integrated benefits, compliance, and general HR responsibilities under the umbrella of one digital solution. The online system prompts employees with step-by-step enrollment instructions to ensure seamless signup, and the portal gives users instant access to plan information. The app breaks down costs for services so employees can quickly understand the expenses associated with plans.
Check out ScalePEO.
Bamboo HR is one of the most popular human resource tools. While not strictly an employee benefits platform, the software suite offers benefit tracking features such as custom package differentiation, schedulable dates for coverage changes, and records of healthcare package history. BambooHR also hosts an extensive PTO tracking program that helps professionals keep track of time off requests and approvals, as well as payroll and time tracking software. Because the BambooHR program suite has such varied functionality, it is a great option for HR professionals looking to streamline their software systems and gather as much administrative information as possible under one umbrella.
Check out BambooHR.
EverythingBenefits is an employee benefits solution software that handles benefits enrollment and reconciliation, COBRA administration, dependent eligibility audits, and more. Automated processes decrease error and liability and save organizations time and money. The program’s reconciliation process prevents overpayments and underpayments, too. EverythingBenefits integrates with hundreds of other HR software systems and connects with 600+ carriers for instantaneous data transfer. Plus, reviewers rave about the company’s responsive customer support team.
Check out EverythingBenefits.
PeopleKeep is an administration software for health reimbursement arrangements, or HRAs. HRAs enable employers to reimburse employees for healthcare expenses, offering tax advantages in the process. PeopleKeep educates users about HRAs with website resources and customer support. A simple online quiz helps organizations pick suitable HRAs, and the software facilitates signups and administration of the option. PeopleKeep digitally organizes reimbursement requests and updates legal documentation to ensure compliance, too.
Check out PeopleKeep.
ALEX is a virtual enrollment tool that uses behavioral science principles to steer users towards smarter decisions. For example, about often-neglected benefits like Health Savings Accounts and Flexible Spending Accounts. ALEX aims to educate employees, drive higher levels of engagement, and boost sign-ups, thereby lowering costs to all parties in the process.
Check out ALEX.
Other employee benefits platforms focus on primary benefits like health insurance, time off, and retirement plans. Fringe provides lifestyle benefits like babysitting, ridesharing, grocery delivery, shipping, meditation programs, self-care products, entertainment, and more. Employees accumulate points through the platform, then redeem those points for services. Fringe is a customizable, employee perk platform full of employee wellness ideas.
Check out Fringe.
With remote work increasing, reliable and easy-to-understand employee benefits platforms are imperative. After all, work from home employees cannot merely pop into the HR department to ask questions about coverage. Having access to simple enrollment platforms and easy to understand plan information saves employees and HR staff countless emails and hours. Not to mention, health plan, perk, and time off software streamlines and simplifies the benefits shopping and sign-up processes.
FAQ: FAQ: Employee benefits platforms
Here are common questions and answers about employee benefits platforms.
What are employee benefits platforms?
Employee benefits platforms are programs that enable employers to choose benefit package options for workers, while facilitating plan selection and enrollment for employees. This software streamlines and simplifies the process of signing up for benefits like health insurance, retirement plans, and vacation. Many programs also include convenient features like automatic re-enrollment or enrollment notifications, compliance auditing, or mobile apps.
What is the best employee benefits software?
Some of the best employee benefits platforms & software include Zenefits, BambooHR, Gusto, Rippling, and ADP. However, the best choice for your organization depends on the company’s size, needs, and preferred benefits.
What is the difference between employee benefits enrollment platforms and administration platforms?
Employee benefits enrollment software focuses more on the employee experience and the act of signing up for benefits plans. Employee benefits administration platforms center on the acts of purchasing, presenting, and ensuring compliance for plans. However, many programs perform both functions.
Who uses employee benefits software?
HR professionals and business owners use employee benefits software to compare, select, administer and manage employee benefit packages. Employees use the chosen platform to learn about options, sign up for benefits, and access plan information.
What should I keep in mind when choosing an employee benefit platform?
When selecting employee benefits software, the size of the organization is often a determining factor in platform choice. All-in-one programs like Gusto work well for small business owners not well versed in HR topics, while human resource technology brands like BambooHR and Zenefits serve HR professionals well. Cost of the software, number of options and employee education features within the program are also important considerations.
Why are employee benefits important?
Employee benefits are an important component of employee retention, and can determine whether or not top talent chooses to join or remain with an organization. Furthermore, benefits are an investment into employee wellbeing that reaps long term returns in the form of increased productivity, decreased absence, reduced turnover, and improved employee morale.
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