Forma is a cloud-based employee benefits and perks platform designed to streamline and automate the management of flexible spending accounts and benefits programs for organizations. It consolidates pre-tax and post-tax accounts—including HSAs, FSAs, and LSAs—into a single, intuitive system, simplifying administration and compliance for HR teams. The platform enables rapid configuration of benefits categories, eligibility rules, and allocations without IT involvement, and provides real-time analytics and utilization reports for program optimization. Forma integrates seamlessly with major HRIS, payroll, and identity management systems, supporting secure single sign-on and automated onboarding. Its flexible architecture allows organizations to scale and adapt benefits offerings as business needs evolve, while maintaining centralized control and compliance. The platform is designed to increase employee engagement and satisfaction by making benefits easy to access, personalize, and use, and to reduce HR workload through automation and consolidated administration.

Key Features

Unified Flexible Spending Accounts Consolidates HSAs, FSAs, LSAs, and other accounts in one platform.

• Streamlined management of pre-tax and post-tax benefits
• Automated claims processing and fast reimbursements

Customizable Benefits Programs Configurable benefits categories, rules, and allocations.

• Click-not-code setup for rapid adjustments
• Tailored programs for diverse workforce needs

Automated Administration & Compliance Reduces manual effort and ensures regulatory adherence.

• Built-in compliance features for tax and reporting
• Automated onboarding and account provisioning

Real-Time Analytics & Reporting Provides actionable insights for HR teams.

• Utilization reports and program effectiveness metrics
• Data-driven resource allocation

Seamless Integrations Connects with HRIS, payroll, and SSO systems.

• 40+ HRIS integrations (e.g., Workday, ADP, UKG)
• SAML2-compliant authentication and single sign-on

Employee Experience Enhancements Improves access and engagement with benefits.

• One-click login and consistent user experience
• Immediate access for new hires

Benefits

Increased Employee Satisfaction Empowers employees to choose benefits that matter most.

• Higher engagement and utilization rates
• Improved retention and loyalty

Cost Control & Optimization Centralizes budgeting and resource allocation.

• Flexible contribution management
• Ongoing cost tracking and adjustment

Reduced HR Workload Automates routine tasks and consolidates administration.

• Less manual processing for HR teams
• Simplified compliance and reporting

Scalability & Flexibility Adapts to changing business needs and workforce growth.

• Easily expand offerings and support more employees
• Customizable for evolving requirements