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Benefits AdministrationPaycom Payroll

Paycom's Benefits Administration software streamlines employee benefits enrollment, automates data transfer, and provides real-time insights for HR and employees.

Vendor

Vendor

Paycom Payroll

Company Website

Company Website

Product details

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