New Integrated Solution to Help Clients Deliver Advanced Open
Enrollment and Benefit Solutions to Their Employees
Press release
October 15, 2015
Cincinnati, OH
Paycor, providing companies with intuitive, cloud-based onboarding, HR,
payroll and timekeeping software, today announced the availability of
Benefits Advisor, the company’s employee-centric benefits software
solution. Powered by
bswift®, an
industry leader in benefits technology and services, the new solution
was designed to help Paycor clients elevate their benefits programs
through features such as improved decision-support, defined contribution
and open enrollment tools.
“The passage of the Affordable Care Act has required employees to take
on more responsibility for their health care choices than ever before.
Smart employers recognize that in order to help employees understand and
take advantage of the benefits offered to them, they must provide tools
to help,” said Catherine Dunwoodie, senior director of Benefits
Administration at Paycor. “Through our integrated benefits offering,
Benefits Advisor, our clients now have access to advanced open
enrollment and benefits solutions to help attract and retain top
talent.”
Benefits administration has become much more complicated for employees
and employers alike; with the launch of Benefits Advisor, Paycor
introduces several new efficiencies to improve these processes. A
complementary solution to the company’s existing HR Application,
Benefits Advisor helps companies with more than 200 employees navigate
the evolving landscape of benefits administration. By partnering with
bswift, Paycor has simplified the administrative processes for larger
employers, resulting in an intuitive, easy-to-use software solution that
provides the robust functionality that today’s employees, HR managers
and administrators require.
Additional benefits of Paycor’s Benefits Advisor include:
* An interactive employee shopping experience. The solution
includes advanced decision-support tools such as Ask Emma, which
provides personalized plan comparison to assist with benefit selection.
* A comprehensive, mobile-enabled benefits portal. Employees have
access to coverage information details, helpful videos, Total
Compensation Statements and other benefits information at the click of a
button.
* Automated and streamlined reporting capabilities. Companies can
leverage the innovative functionality of Benefits Advisor to reduce the
administrative workload for processes like reporting, billing and COBRA.
* Regulation compliance assistance. Paycor’s ACA reporting and IRS
filing solutions help employers manage risk as well as keep up with
employee notifications, employer reporting and regulatory plan changes.
Further details about Paycor’s Benefits Advisor solution are available
at:
www.paycor.com/products/hr-benefits/benefits-advisor.
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