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PlanSource

Name: PlanSource
Rating: 4.5 (2 reviews)

By PlanSource

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Highlights : About PlanSource

Human Capital Management

Open Enrollment & Life Events

Eligibility Management

About PlanSource

PlanSource is a cloud-based benefits administration and human capital management solution suitable for businesses of any size in a variety of industries. It offers functionality for benefits shopping, enrollment, billing, compliance and administration. PlanSource enables employees to shop for insurance and enroll in benefits on any device, such as laptops, tablets and smartphones. The solution is also able to manage payroll and keep a historical record of benefits partners and transactions. PlanSource also offers a range of professional services including benefits outsourcing, contact center, custom employee communications, dependent verification, billing reconciliation and payment services and COBRA and FSA account administration. PlanSource is a SSAE16 SOC 2 Type 2 audited technology platform and complies with ACA, HIPAA and COBRA rules.

Specifications

24/7 Support

Yes

Business Size

Mid-Market

Deployments

Cloud

Language Support

English

Platforms

Product Details

Features

Benefits Administration

Open Enrollment & Life Events

ACA Reporting & Compliance

Human Capital Management

Data Exchange

Eligibility Management

Cost Calculations

Flexible Reporting

Employee Communications

Benefits

Highly Configurable Platform

PlanSource is an ideal complement for employers, brokers, and carriers alike because of its versatility. It has a flexible platform that can adapt to your custom benefits system or insurance exchange. Because of this, you can provide the coverage your employees or clients need smoothly.

Simplified Benefits Administration

Benefits Administration is at the core of the PlanSource platform. It helps you maintain control over your processes by automating redundant tasks. As such, you can also say goodbye to physical paper trails and save on money and space. With PlanSource, you can simplify benefits configuration and enrollment as well. The solution lets you enforce business rules during sign-up and throughout the year to make certain that employees apply for benefits that are right for their cases.

Streamlined ACA Reporting

Keeping up with ACA compliance requirements is a challenging task. However, PlanSource streamlines the procedure with its end-to-end solution. It keeps your records accurate by synchronizing with your payroll solution, it helps you maintain compliance by tracking the hours worked, and it transforms your workflow by generating IRS forms automatically. With these features, you can be confident that your business does not meet a single compliance step.

Best-in-Class Human Capital Management

PlanSource complements its benefits administration system with outstanding HCM software. It helps you stay apace with regulations and affords you maximum productivity. That is because it bundles management tools for payroll, talent, and labor pool. Thus, you can find the best people for your team and provide them with attractive remuneration packages for their services.

Extended Data Exchange

PlanSource takes EDI to the next level by supporting a wide-ranging list of systems and data sources. By doing so, it ensures that you enjoy a cohesive system that is efficient and highly automated.

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