HCM Solutions – Benefits Administration
Simplify the complex task of managing your workforce benefits
Our HCM benefits administration capabilities make planning and decision-making easier for your employees. Set up your benefit plans once, driving enrollment and deductions throughout the system. Plus our solution offers powerful tools that provide you with reliable reporting, robust analytics, and customizable workflows.
Features and Benefits:
- Simplified Management – smooth out the complex task of managing your workforce benefits
- Organized Enrollment – increase employee engagement and simplify the open enrollment period
- Life Event Wizards – make changes to benefit plans quickly, ensuring your employees have the right coverage for their changing situations
- Full Benefit Cost Analysis – simplify enrollment for your employees with easy cost benefit comparisons
- Carrier Connections – ensures health, voluntary & financial data plus any relevant updates are sent to carriers quickly and accurately without manual or redundant processes – saving time, cutting costs, and reducing mistakes
- 401(k) Integrations – isolved integrates with 401(k) recordkeepers to automate your 401(k) reporting, allowing for 180 and 360 information exchange between GTM and your recordkeeper. Ensures compliance with IRS reporting requirements and timely investment of employee 401(k) contributions.
- Automated New Hire Reporting – avoid associated timelines and fines for sending notice of new hires when reporting to the local state government
The enrollment process increases employee engagement, and includes checks and reporting to help smooth out the complexities of your open enrollment period.
In addition, isolved® connects with carriers to ensure all life events are properly communicated to the carrier on time. Some of the health and dental insurance carriers our system connects with are:
- United Health Care
- Empire BCBS
- BlueShield of Northeastern NY
- Guardian Dental
- Delta Dental
Contact us to see if your carrier is included.
We integrate with more than forty-five 401(k) retirement recordkeepers, including:
- Mass Mutual
- John Hancock
- Rowe Price
We’re always adding more recordkeepers, so contact us to see if your recordkeeper is integrated.
You’ll be surprised at the savings you’ll get with a fully integrated HCM solution. But don’t take our word for it – use this HCM ROI calculator to see how much you can save each year by using our HCM solution instead of doing it all on your own.
Request a free consultation and demo to learn more about how this technology can help your business grow.
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