Software that helps companies manage and track employee participation in benefits programs such as healthcare, flexible spending accounts, pension plans, etc. This software helps automate and streamline the complex and otherwise time-consuming tasks of benefits administration. The benefits administration process is typically the responsibility of an organization's human resources department.
Employee benefit administrators are capable of automating the role of human resources and prodving greater clarity for a company benefits program. With more ease of administrating employee benefits, this allows hr professionals to create a competitive benefits package for their workforce.
Open enrollment for these schemes will enable any employee to have access to the benefits that are provided by their employers.