Benetrac Delivers
- 1. Product Detail Features List Real-Time Access to Information BeneTrac provides real-time access 24/7 for both • Online tracking is more accurate than administrators and employees. paper forms Just imagine – benefits data can be changed, updated • Benefits management is streamlined or reviewed at any time, from any location. • Employees see only plan information Employees and their families can access their benefits pertinent to them information whenever they want, from home or any • Greater accuracy in data feeds to carriers place where they have Internet access. and TPAs • Increases accuracy of data List Bill Audit Service • Reduces amount of time required to gather Enjoy the peace of mind of knowing that someone information is looking out for your interests. BeneTrac analysts • Reduces the number of routine questions that can regularly audit carrier billings to make sure HR must answer they agree with the data in the system. • Fulfills employee expectations for self-service and online transactions • Insures accuracy of carrier invoices • Saves time and money Gatekeeper Authority • Assists in timely delivery of employee Information is useful only if it’s accurate. In order to enrollments ensure accuracy and compliance, group administrators • Enhances timely confirmation of eligibility retain the authority to approve all data before it is when employees go for care transmitted to carriers. Hidden Paycheck • Administrators can review and approve data Make it easy for everyone to easily understand before it’s submitted to carriers in far less time the “real” value of a paycheck. • Approve data by simply pointing and clicking • Data is presented in an easy-to-read format BeneTrac easily computes the value of employees’ total compensation packages, including annual Eligibility Tracking earnings and employer-paid benefits. It’s all in the details. BeneTrac manages and calculates • Employers can quickly generate graphic eligibility and effective dates for new hires, life and spreadsheet reports showing each events, and open enrollment according to each employee’s total compensation package group’s unique rules. Never miss another eligibility • Employees gain a great understanding of the or effective date. total value of their compensation packages www.benetrac.com Toll Free: 877.645.4342
- 2. Report Factory SM Employee Self-Service Portal Need a report? Whether it's a standard industry report BeneTrac helps you empower your employees. or a custom report, just point and click on the data They can enter, change or review their benefits you need to display in Adobe PDF, Microsoft Exel data online at anytime and from any location and Interactive HTML. where the Internet is available. • Retrieving information out of the system is as • Employees submit benefits data with greater easy, or easier, than putting it in accuracy • Group administrators save a significant amount • Employees appreciate real-time, anytime of time and effort by being able to quickly access to their data generate a myriad of different kinds of reports • Group administrator requires less time to from the data in the system process benefits information • HR now has the potential to be a trend-setting • Group administrators can respond to department of the company with sophisticated employee questions with greater speed reporting and forecasting capabilities at their fingertips Employee Communication Tools • Empowers HR in company strategy planning BeneTrac makes it easier to spread the word. Group administrators can communicate news and COBRA Factory SM announcements, reminders or other information Receive help managing notifications and billing for to employees through mass email. HR can also COBRA policies. This is an added feature and is post information via an electronic “bulletin board”. available for a nominal monthly fee. • Provides group administrators ease of • Administrators can track employees in real- communication time to generate notifications and manage • Increases employee awareness of benefits billing for COBRA information • Increases accuracy and ensures that COBRA • Saves time and money for the company notifications are made on time and that billing is accurate and timely Payroll/Carrier Integration Keep payroll in the loop with no effort. Serious Security BeneTrac shares real-time employee premium Your company’s online security is our serious priority. deduction data with the company's payroll BeneTrac has obtained vulnerability assessment by an system, carriers and contracted TPAs. outside consulting firm specializing in network/ HIPAA • Enhances communication of enrollment security and Sarbanes-Oxley compliance. The Report information without extra cost or effort states, “We were unable to gain heightened access on behalf of the HR to information systems or any access whatsoever • No double entry to sensitive, proprietary or personally identifiable • Improves timing with greater accuracy information during exhaustive internal and external of updates intrusion attempts”. • Goes above and beyond to ensure that a company’s data is secure www.benetrac.com Toll Free: 877.645.4342