Employees are the most valuable resource for any company, especially in today’s era when the competition is so tough and you have such a talented pool of people to hire from. Hence, employers and HR departments spare no effort to come up with the best employee benefits software with plans that can engage, attract, and retain top talent. Of course, there are many benefits plans and schemes, and managing all of them manually can be complicated and daunting. Therefore, companies seek a reliable employee benefits solution provider who can offer an efficient software solution that covers all the employee management tools that a company requires for better employee performance, information, and engagement while driving more value.
Are you also looking for an authentic employee benefits software? First, it is necessary to know the basic and critical features of the right benefits software. The list includes economical, fewer manual errors, increased productivity, compliance management, accuracy, and efficiency, etc. We understand that knowing the primary features is not enough and you need proper guidance to make the best decision. Hence, we have named the top 10 employee benefits software companies in the USA. The list is based on all the elements that we mentioned and includes credible and trusted names.
A3logics
A3logics is an IT and software company that holds years of experience and expertise in offering successful, tailor-made, and comprehensive benefits administration software solutions to global businesses of all sizes. Its user-centric system addresses all the HR and benefits concerns through an integrated HCM software that streamlines workforce management. To help you reduce administrative costs, optimize the workforce, and ease your workload, the company offers a spectrum of solutions, which include performance management, payroll, applicant tracking system, learning management, human resource integration system, and more. You can get their solution either as one single package or separate module, based on your needs. You can also customize their benefits software with white-label, out-of-the-box, and custom options. Whether you want to get in-depth insights into enrollment data, ensure compliance, or streamline open enrollment, A3logics has got your back at every step.
Plexis
Plexis is a renowned and leading technology company that specializes in healthcare systems. The company has a team of experts and proficients who deliver top-notch enterprise benefits administration and management solutions to multiple self-insured employer groups across the world. While implementing the right software solutions, it ensures growth, efficiency, and innovation across businesses. Plexis extends technical support and assistance to specialty groups, cost containment companies, international insurers, TPAs, and government healthcare sectors. They believe in developing client-centric platform solutions for administration and healthcare payers. Whether you own a big or small company, it offers supercharged technology solutions with processing power. Their platform architecture consists of configurable building blocks with a primary aim of providing quick and easy benefits.
Workday
Technology is changing constantly, so are the businesses and world. Hence, companies need a reliable system that can adapt according to evolution and requirements. Workday’s unified HR, finance, and planning system is a perfect solution to address this challenge. The software helps varied organizations of different sizes meet future goals smoothly and efficiently. The human capital management (HCM) platform provided by Workday is a SaaS that is suitable for medium enterprises. For the companies involved in an international business with payrolls in multiple currencies, based on different laws, their global payroll solution is the best. Integrated with third-party payroll applications, their software manages payments across the globe. Yes, it may be a bit expensive but it is also a fully cloud-based solution that includes features, such as analytics & reporting, financial management, talent management, and more.
Paylocity
Paylocity offers web-based benefits management software solutions to small and large businesses and enterprises, helping them to manage and track their employees’ compensation, benefits plan, deductions, retirement, engagement, time-off requests, etc. Their aim is to reduce administrative tasks and ensure accuracy in time and attendance data so that employers have access to all the significant information in one place. Moreover, it also adds new hires automatically to the system and streamlines the processes further. Users can access the Paylocity platform round the clock from any location just using a mobile application. Hence, allowing employees the flexibility to update and view their details anytime, anywhere. With this team at your assistance, you can smoothly tackle benefits enrollment and changes. You can avail of the tools that save your time and deal with piled up work during open enrollment.
bswift
Change the way your employees engage with and perceive their benefits plan with bswift’s adaptive, compassionate, and empowered solutions. Their end-to-end and cloud-based technology solutions enable businesses of all sizes to deal with health and welfare benefits administration. The company delivers a personalized and intuitive enrollment experience to inspire confidence among employees and help them connect to the resources they require to attain their personal objectives and ambitions. It intends to use cutting-edge technology and advanced tools to reduce costs and simplify the administration of benefits. Considering the rising demand for online and effective benefits administration systems, bswift created a simple platform that takes care of every aspect of employee benefits for both employers and employees. The team is continuously working to enhance customer-centered benefits technology and services and transform this industry.
OnePoint HCM
Here is a reliable and top company that not only sells employee benefits software but also works as a trusted partner for you to configure and implement comprehensive solutions. The team makes sure that the software meets all your specific needs of today and also grows as the business evolves. OnePoint HCM is known for its web-based applicant tracking solutions through automated tools, reporting, job posting, notifications, and more. Their all-in-one platform brings together timekeeping, HR, payroll, and benefits programs while managing the full employee lifecycle, from hiring to retirement. What makes OnePoint HCM stand out from the rest is that this company was founded by HR experts who are well-versed in this area and understand how technology can be used to streamline time-intensive processes. They also promise to enhance your business by increasing transparency, elevating efficiency, and reducing overall costs.
Penad
Penad offers a complete software suite to provide benefits administration that includes all types of benefits and pension plans. The company was founded in 1983 as a benefits administration specialist that also delivers various software systems to employers, government agencies, and financial institutions across the globe. They have worked with some of the biggest clients that also include Fortune 500 companies, corporations, banks, institutions, and multi-employer unions. The company takes immense pride in its scalable solutions that comprise self-serve access, robust reporting functionality, and the ability to integrate with existing enterprise applications. Their pool of professionals works dedicatedly and passionately to provide you with high-quality software solutions that can deal with pension and benefits programs on behalf of the company or HR managers. They adopt a people-centric model that tracks employee salary history, education, skills, performance, etc. along with other information, and stores all the multimedia files, such as certificates, recordings, resumes.
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ADP
ADP aims at working everything for people, their services are all about clients and offering them nothing but the best. Yes, their experience and service history mostly concerns with providing solutions for human capital challenges. However, the company strives to go beyond that, exploring better opportunities and ways to help clients. They work constantly to hone their capabilities and think forward to taking the right actions that empower them to change the employee benefits industry. ADP is a leading provider of employee benefits management solutions, serving global clients with cloud-based solutions that unify talent, HR, tax, payroll, benefits administration, and more. It holds expertise in analytics and compliance services as well. You can be assured that with their advanced technologies and amazing experience, you can improve your back-office administrative function and seek strategic business advantage.
Businessolver
Businessolver is another popular company that manages employees and their benefits plan via a robust and scalable software platform. The company helps your staff members make the best of benefits schemes and get the most value from them by holistically handling their health and finances. They have designed a technology and service model that delivers a personalized experience and benefits to users irrespective of time, location, or plan. The company ensures that all its services and products revolve around people. Therefore, creating software that reinvents benefits and transforms annual enrollment from a once-a-year event to a continuous journey. It understands that in this highly-competitive era, benefits plans are key for effective recruitment and retention strategies.
SynHR
SyncHR promises to provide next-gen and innovative employee benefits solutions to organizations of all sizes. With its meticulously designed and unified software, the company enhances payroll, HR, and benefit management capabilities of enterprises without any complexities, additional costs, or hassle. It understands how enrolling in a benefit plan can be daunting for employees. Hence, SyncHR removes that burden by replacing the traditional system with a modern approach that enables employees to research, analyze, and enroll in the most suitable plan conveniently. It simplifies benefits program operations and automatically generates the most appropriate plan based on employees’ requirements and eligibility. They don’t have to go through lengthy paperwork or manual processes or rely on the HR team. Moreover, the software will also relieve the HR department from administrative work and bring improved efficiency, compliance, and competitiveness.
Conclusion
Before you start searching for a trusted and top employee benefits solution, make sure that you have well-defined demands and needs. This will make it easier for you to navigate through these options and find the right one for your business. We are sure that this list will help you with your search and you find the company that meets your expectations. In the end, we would like to say that an effective and seamless employee benefits software helps you stay on top of your game and manage millions of things simultaneously. Once you select the right system, you can improve efficiency and achieve higher productivity.