
Paycom's Benefits Administration software streamlines employee benefits enrollment, automates data transfer, and provides real-time insights for HR and employees.
Vendor
Paycom Payroll
Company Website
Paycom's Benefits Administration is a comprehensive SaaS solution designed to simplify and automate the benefits enrollment process for both HR professionals and employees. It offers a user-friendly interface, real-time paycheck impact previews, and seamless integration with payroll systems, all within a single software platform.
Key Features
Automated Enrollment Process Streamlines the entire benefits enrollment workflow
- Guides employees through a step-by-step enrollment process
- Allows easy review of plan documents
- Provides real-time preview of benefit choices impact on take-home pay
Single Software Integration Eliminates the need for multiple systems and data re-entry
- Works entirely within Paycom's single software platform
- Automatically flows chosen benefits into payroll
- Syncs data with plan providers through Benefits to Carrier tool
Customizable Setup Offers flexibility to tailor the enrollment process
- Allows customization of deduction amounts and enrollment dates
- Enables setting of waiting periods for new hires
- Facilitates batch-updating of plan premiums and deduction amounts
Benefits
Increased Efficiency Reduces administrative burden and minimizes errors
- Eliminates manual data entry and cross-referencing between systems
- Automates secure communication with plan providers
- Provides paperless management of benefits documentation
Enhanced Employee Experience Empowers employees to make informed decisions
- Allows employees to review how benefit choices affect their pay
- Enables enrollment via desktop or mobile app
- Simplifies the benefits selection process
Improved Data Management Ensures data accuracy and provides valuable insights
- Offers robust reporting capabilities for various benefit-related metrics
- Integrates with Direct Data Exchange for ROI measurement
- Maintains high security standards with ISO and SOC certifications