Pension Administration Description
The Pension Administration System consists of a calculation engine and a data management program, report writer, and development platform that can be used by plan sponsors, third-party administrators, and benefits consultants. It models complex benefit plans using parameter definitions, preprogrammed business objects, and rules-based entry points that can be tailored to meet any defined benefit administration needs. N-tier architecture allows for flexible and cost-effective integration with existing client infrastructures. The Pension Administration System can be customized to automate all functions of pension administration without the need for complex programming. Below is a list listing some of the functions (processes), that are available in the system.
Pension Administration Alternatives
Neospin
Sagitec's Neospin™, pension administration software, is a fully integrated browser-based software system that provides comprehensive functionality to administer pension benefits. Sagitec NeosuranceTM is a browser-based, fully integrated application that provides comprehensive functionality for unemployment insurance, disability coverage, and paid family leaves. Sagitec HealthConnect, an enterprise SaaS platform that allows Medicaid members to engage in their own health, is a SaaS platform for Medicaid member engagement. It is deployed on the HITRUST-certified Microsoft Azure cloud. Sagitec's low code/no-code platform is Xelence™. It's a visual software development environment that allows citizens and IT professionals to create, test, and deploy complex apps. You can create simple to complex enterprise applications with no programming experience. It is a visual environment that allows you to drag and drop and integrates enterprise architecture.
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Workterra
Workterra is a fully configurable, easy-to-use benefits administration and enrollment platform built to simplify the growing complexity of benefits for HR and employees. Leading employers, brokers and carriers choose Workterra for its unmatched flexibility, robust reporting capabilities, and intuitive user experience.
In addition to industry-leading technology, Workterra offers a comprehensive suite of administrative services to help clients with all of their benefits needs, including ACA reporting, FSA/HSA & Commuter Benefits, COBRA & Retiree Administration, Consolidated Billing, QMCSO, EOI Processing, Call Center Services, and more.
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MyEnroll360
MyEnroll360 delivers a smooth and intuitive end-to-end user experience for both employers and employees through modern functionality and a fully integrated system.
For administrators, the MyEnroll360 platform empowers easy, effective HR and benefits management. Easy to configure tools enable you to control employee information, track benefit allocation, manage new hires, and more, while a hands-on support team assists with all your administrative needs.
Designed for all user levels, MyEnroll360 facilitates a painless enrollment process for employees and includes 24x7 access to an intuitive self-service employee portal with consolidated benefits and cost information – all supported by our customer support team.
MyEnroll360 eliminates the need for multiple systems, resolves data discrepancies, and renders manual intervention obsolete. With rules-based eligibility controls and a unified database for all services, MyEnroll360 automates accurate transactions and compliance.
Backed by in-house software development experts, MyEnroll360 is continually updated to support changing regulations and operational and underwriting requirements. MyEnroll360’s scalable, agile technology platform supports clients of all sizes.
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Paychex Flex
Paychex Flex is an all in one HR software solution that you can expand or change as your business grows. It can be used to manage payroll, integrate your retirement and HR administration, as well as insurance management. We also offer expert knowledge about the regulations that may affect your business.
Paychex Flex will benefit from more HR functions that you can bring to it. This will increase accuracy and efficiency. It can help you:
* Track and recruit the best candidates
* Streamlined onboarding and hiring
* Provide key HR information through custom compliance documents. Compensation summaries, performance reviews and company training.
* Manage your health insurance, including compliance support
* Manage employee benefits
* Track attendance and time
* Pay your employees and file and pay taxes
* Retirement planning, from testing to real-time reporting and participant enrollment and management
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Integrations
No Integrations at this time
Company Details
Company:
BenXL
Website:
www.benxl.com
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Product Details
Platforms
SaaS
Type of Training
Documentation
Customer Support
Phone Support
Online
Pension Administration Features and Options
Benefits Administration Software
COBRA Administration
Claims Management
Deduction Management
Disability Insurance Administration
Employee Benefits Administration
FMLA Administration
FSA Administration
Flexible Spending Accounts
For Brokers
For Employers
HIPAA Compliant
Health Insurance Administration
Life Insurance Administration
Online Benefits Enrollment
Premium Billing
Provider Management
Retiree Administration
Retirement Plan Management
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