Forma’s Pre-Tax Accounts is a cloud-based platform designed to centralize and automate the administration of pre-tax employee benefits, such as Flexible Spending Accounts (FSAs), Dependent Care FSAs, Limited Purpose FSAs, and commuter benefits. The system consolidates all pre-tax and lifestyle benefits into a single, user-friendly interface, allowing HR teams to manage multiple account types efficiently. Employees access their benefits through a unified Forma Card, which supports contactless and mobile payments, and auto-adjudicates claims for eligible expenses. The platform provides a dedicated employer portal for 24/7 access to beneficiary information, payment data, and reporting. Forma’s solution is built for global and equitable deployment, supporting country-specific commuter benefits and funding beyond IRS limits. The platform is designed to reduce administrative burden, eliminate reliance on legacy or white-labeled technology, and ensure compliance with regulatory requirements. Integration with HR and payroll systems streamlines onboarding, eligibility, and claims processing, while real-time analytics and reporting enable data-driven benefits management.

Key Features

Unified Pre-Tax Account Management Centralizes FSAs, Dependent Care FSAs, Limited Purpose FSAs, and commuter benefits.

• Manage multiple account types in one system
• Simplifies administration for HR teams

Forma Card Integration Single card for all pre-tax accounts with modern payment options.

• Supports contactless and mobile payments
• Auto-adjudicates eligible expenses

Employer Portal & Reporting 24/7 access to beneficiary data, payments, and analytics.

• Real-time reporting and dashboards
• Streamlined compliance and documentation

Global & Equitable Benefits Supports country-specific commuter programs and funding flexibility.

• Configurable for global teams
• Fund beyond IRS limits where applicable

Automated Claims & Enrollment Automates claims processing and employee enrollment.

• Reduces manual work for HR
• Employees can self-enroll in commuter benefits

Full Stack Control Direct platform ownership, not reliant on third-party or white-labeled tech.

• Faster support and updates
• Greater data security and reliability

Benefits

Administrative Efficiency Reduces manual processes and vendor management.

• Centralized platform for all pre-tax benefits
• Automated claims and reporting

Employee Convenience Easy access and use of benefits with a single card.

• No out-of-pocket expenses for eligible purchases
• Mobile and contactless payments

Compliance & Control Ensures regulatory adherence and data security.

• Built-in compliance features
• Real-time monitoring and documentation

Global Scalability Supports diverse, distributed workforces.

• Configurable for different countries and benefit types
• Scalable for organizations of any size