Benefits software for the SME and Enterprise level companies are an essential part of the Human Resources suite of tools. Particularly with the advent of the Affordable Care Act (ACA) monitoring compliance, determining eligibility, and being aware of enrollment status has become more important than ever. Managing employee benefits is a time sensitive process. Automating it grants an administrator instant access to statistics, enabling them to make accurate decisions.
A quality software program will help an employment administrator determine eligibility, manage the enrollment process including the generation of notices and all communication with employees at every stage of the benefits admin cycle, as well as other post employment items like COBRA.
Handbook of Employee Benefits:
Design, Funding and Administration. http://www.hrvillage.com/hrbookstore/Benefits.htm