Corporate Benefits Network: Bringing Unparalleled Employee Benefit Services to Corporations

Top 10 Benefits Administration Solution Companies - 2021

HR administrators often have to deal with the anguish of pre-populating a new platform with employee and dependant census information, as well as current benefit preferences, which can be a monotonous and time-consuming task. It normally necessitates acquiring this data via reports from their payroll/HRS systems, as well as carrier benefit records, and then altering these reports into a format that the new benefits platform can accept. This process not only necessitates a high level of technical proficiency on the part of the HR worker supplying the data, but it is also time demanding and prone to data errors and anomalies that must be investigated and rectified.

HR automation is achieved through the use of technology to reduce human labor by automating procedures. Workflow automation eliminates manual stages in a process and replaces them with computerized ones. This reduces human error while also saving time.

Another developing technology for improving HR processes, such as benefits administration, is robotic process automation (RPA), which has traditionally needed manual processing by HR departments. RPA enables rules-based, transactional processes to perform operations like benefits enrollment without the need for human participation. These automations have been integrated into the offerings of HR and employee benefits service providers.

Coming to the aid of enterprises for the right Benefits Administration Solution Providers, ManageHR has compiled a list of Top 10 Benefits Administration Solution Providers, Top 10 Benefits Administration Service Companies 2021, and Top 10 Emerging Benefits Administration Companies 2021. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs.

We present to you ManageHR’s ‘Top 10 Benefits Administration Solution Providers - 2021’.

    Top Benefits Administration Solution Companies

    2Interact, Inc. is a global firm focused on delivering cutting edge technology in the field of HRMS with a focus on providing a very user-friendly web-based employee experience. 1Global HRMS LLC is the international sales and implementation arm of 2Interact , Inc. Its management and engineering staff as well as consultants have been involved in sophisticated technology projects around the world for the past 35 years. Prior to its focus on Interact HRMS, 2Interact’s engineering team was heavily involved in the development, implementation, and deployment of large Academic and Administrative Information systems for Higher Educational Institutions and Hospital Information Systems. Projects successfully executed during the past 35 years vary in size, industry, and complexity ... read full profile
    Medcom Benefit Solutions is a leading employee benefits administrator, well-known for specializing in exceptional service, offering a variety of products that are designed to help employers meet the challenges of a rapidly changing workforce. With a professional staff of specialists, Medcom offers COBRA and Premium Billing Administration, CDHP Administration: Flexible Spending Accounts, Health Savings Accounts, Health Reimbursement Arrangements and Commuter Benefits, in addition to, Health Care Reform products including Affordable Care Act Reporting, Full-Time Benefit Eligibility Tracking, and Penalty Appeal Support, HIPAA Privacy and Security Training, HIPAA Privacy Policies, and Health & Welfare Compliance and consulting services for ERISA and Health Care Reform compliance ... read full profile
    Benefitfocus
    Benefitfocus is a leader in creating data-driven, cloud-based software solutions for health care and benefits administration. They make it easier than ever to simplify and streamline benefits administration and reduce health care and benefit costs. With over 20 years working to simplify the process of administering employee benefits that range from health plans to pet insurance, Benefitfocus delivers technology solutions that make it easier than ever to simplify employee benefits administration, increase workforce engagement, and provide end-to-end experiences for health plans to achieve digital transformation. Benefitfocus is changing the way people buy and access their benefits and the world is taking note!
    AGM Benefit Solutions
    AGM Benefit Solutions is a leading provider of benefits communication and voluntary benefit administration services. We partner with brokers and consultants to improve how benefits are communicated, enrolled and administered. AGM Benefit Solutions was founded in Baton Rouge, Louisiana. With a growing and changing market, our mission has remained the same—to build raving fans by delivering innovative solutions and services to their benefit broker partners. Today, AGM provides enrollment services to clients nationwide. Their innovative benefits administration and enrollment technology, 1:1 on-site & call center enrollment team, along with custom communication and marketing solutions, give their broker partners an edge over their competition
    BambooHR
    BambooHR is the leading software provider powering the strategic evolution of HR in small and medium businesses Serving more than 22,000 customers and 2,000,000 employees. BambooHR's cloud-based system is an intuitive, affordable way for growing companies to manage essential employee information in a personalized Human Resources Information System (HRIS). Its software sets HR free to do great work and be more strategic, which helps the entire organization do the same. BambooHR's clients include innovators like SoundCloud, Foursquare, Freshbooks, Stance, Reddit, Magnolia Homes, and others in more than 100 countries and 8 languages worldwide. BambooHR allows employers to centralize detailed employee information such as salary, job history, training, and benefits. It consolidates data from various business sources into a single view, which employers can then access, control, sort, and analyze.
    Ceridian
    Ceridian HCM is an American provider of human resources software and services with employees in the USA, Canada, Europe, Australia and Mauritius. Ceridian is a global human capital management (HCM) software company. Dayforce, their flagship cloud HCM platform, provides human resources, payroll, benefits, workforce management, and talent management capabilities in a single solution. Their platform helps you manage the entire employee lifecycle, from recruiting and onboarding, to paying people and developing their careers. Ceridian provides solutions for organizations of all sizes, from small businesses to global organizations. Ceridian’s brand promise is “Makes Work Life Better.” It embodies who they are, what they believe, and what they stand for. They deliver on that promise by aiming to improve the work lives of their customers, their employees, and their own teams at Ceridian every day and with everything they do
    Employee Naviogator
    Employee Navigator simplifies benefits & HR for brokers and HR departments around the country. We've built an all-in-one product that consolidates everything from benefits administration to compliance, onboarding and more into one place. Employee Navigator works with the nation's leading insurance brokers to make it easier for companies of all sizes to run and grow their businesses. The company was founded in 2008 and is headquartered in Bethesda, Maryland. Incorporating an ACA dashboard, HRIS and agency management tools, alongside online enrollment, carrier and payroll reporting and HR and benefit communication functionality, Employee Navigator aims to deliver a comprehensive HR solution
    PeopleKeep
    PeopleKeep is the industry expert in health reimbursement arrangements (HRAs). They help small and medium-sized organizations offer hassle-free health benefits that make employees happy and keep budgets in check. They provide an easy-to-use software platform that enables small and medium-sized organizations to provide employees a quality health benefit they can manage in minutes each month. Their HRA experts help employers design their ideal health benefit, while their award-winning support team verifies expenses to maintain compliance and answers questions knowledgeably
    Rippling
    Rippling is the first way for businesses to manage all of their HR & IT — payroll, benefits, computers, apps, and more — in one unified workforce platform. By connecting every workforce system to a single source of truth for employee data, businesses can automate all of the manual work they normally need to do to make employee changes. Take onboarding, for example. With Rippling, you can just click a button and set up a new employees' payroll, health insurance, work computer, and third-party apps — like Slack, Zoom, and Office 365 — all within 90 seconds
    SentricHR
    Sentric provides HR and payroll software that connects companies with their people. Sentric connects companies with their people through their cloud-based HR software, SentricHR. They simplify workforce management by giving you the right set of tools for your business – without taxing your IT infrastructure. SentricHR grows with you, letting you pick and choose the tools you need while keeping them all hosted securely, in one place, in the cloud. You’ll have everything you need – from hire to retire – right at your finger tips. It empowers employees to manage their own data and makes employers job easier by providing pre-configured workflows and tools for every step in the employee lifecycle. Sentric also processes payroll, file taxes, and sell group health benefits
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