Flexible Spending Allowances from Ben empower companies to offer personalized benefits through spending accounts tailored to diverse employee needs. This module enables HR teams to craft programs that reflect their company culture while giving employees the freedom to choose how they use their benefits budget. It supports global and mixed workforces with scalable, compliant, and automated tools.

Features

• Customizable Spending Accounts: Create any type of allowance—Wellbeing, Lifestyle, Learning, Meals, and more.
• Granular Rules & Controls: Set rules for amount, frequency, expiry, pro-rating, receipts, and spend controls.
• Eligibility Management: Automatically assign employees to the right programs based on defined criteria.
• Shared Budgeting: Manage team budgets and employee fund requests.
• Multiple Spending Options: Employees can spend via Ben’s Marketplace, Mastercard (virtual/physical), or reimbursement.
• Curated Provider Store: Offer a branded store for direct checkout with selected providers.
• Automated Reimbursements: Streamline claims and payments with receipt capture via mobile app.
• Policy Enforcement: Block unwanted spend and manage multi-level approvals.
• Tax & Compliance Automation: Automate reconciliations and tax reporting for pre- and post-tax benefits.
• Smart Notifications: Automated reminders for receipts and balance expiry.
• Real-Time Reporting: Track usage, provider spend, and trends with detailed analytics.

Benefits

• Employee Empowerment: Let employees choose benefits that matter most to them.
• Increased Engagement: 83% average monthly engagement reported.
• Cost Efficiency: Achieve 24% average savings through optimized benefit usage.
• Admin Reduction: 92% reduction in administrative workload.
• Global Scalability: Supports benefits in over 28 countries.
• Compliance & Security: ISO/IEC certified and FCA-regulated financial operations.
• Flexible Integration: Bring your own benefits or use Ben’s Marketplace.