Benefits Management

IPS Benefits Management

Electronic Enrollment, Carrier Integration and Invoice Reconciliation – It works!

IPS 360° Benefits Enrollment

IPS 360° Benefits Management is an integrated end-to-end solution unlike any other. Administrator can assign benefits elections or employees can self-elect. Benefit elections drive accurate employee deductions in payroll. All benefit assignments are seamlessly passed to your carrier to eliminate your need to update multiple disparate insurance company web sites.
Yes…it really can be this easy!

SSAE 16 Type || Audit Complete

SSAE 16 Audits Allow Customers to Trust a Payroll Company’s services

Benefit Reconciliation

Benefit Design, Enrollment & Connections without the complexity

Insurance premium reconciliation provides valuable insights into your organization’s fastest growing cost driver: benefits spend. Imagine how fantastic it is having the full transparency over where your every benefits dollar is going? Having access to this info will help manage your deductions better, stop premium overpayments, and show if any of your carriers don’t have an accurate record of one of your employee’s enrollment.

IPS 360° Benefits Management Electronic Enrollment

With IPS 360° end-to-end benefits management workflow you can finally control all
aspects of managing benefits in ONE place! The future is here!

IPS Benefits Management Key Features

Employee centric benefit tools with hard dollar savings.

Benefits Configuration
  • Defined Benefits Eligibility
  • Custom pricing calculations
  • Benefits Drive Payroll Deductions
  • Integrated Benefit Statement
  • Assign dependents/beneficiaries to elections
  • Run census reporting on demand
Electronic Enrollment
  • Available Benefit Plans Overview
  • New Hire, Open Enrollment and Event-based enrollments
  • Manager/Administrator Workflow
  • E-mail reminders and notifications
  • Intuitive step-by-step process
  • Load custom documents & web links to carriers
Benefit Carrier Connections
  • No redundant keying of data into multiple carrier websites
  • Eliminate election/deduction discrepancies between your HR/Payroll system and your insurance carriers
  • Employee & dependent benefit elections flow directly to the carriers
  • All demographic changes updated through elections file
  • Auto-notification of file transmission issues
  • Custom file transmission frequencies available
Benefit Statements
  • Graphical representation of an employee’s total compensation
  • Available on-demand and updated in real time via employee self-service
  • Show some or all of the employer costs of payroll taxes and benefits
  • Available to download by employee into a .pdf file
  • Administrators can download all statements as a batch and print/hand out
Affordable Care Act
  • Employee ACA timeline showing 3 months at a time
  • Define all ACA rules to ensure clients have the tools to remain in compliance
  • Auto-calculate employee status based on status rules (i.e. hours in a month)
  • Management dashboards to assist in controlling hours worked to remain under hours thresholds
  • E-mail notifications to alert when key events are triggered
  • Affordable Care Act (ACA)
Cobra Administration
  • We do the heavy lifting and provide employees and their spouse or dependents with access to group benefits coverage when a COBRA qualifying event is experienced.
  • New Hires, Life Change events, Benefit updates are monitored in real-time – no need to communicate this information to anyone
  • Developing, customizing, printing, and mailing COBRA templates is a thing of the past
  • It's not just easy for you, it's easy for COBRA qualified beneficiaries. Once someone becomes eligible, they can easily enroll, make payments, cancel coverage at any time, and participate in the company's open enrollment too.
  • With reporting that provides you with insight into the COBRA administration we're doing behind the scenes, you're simply in compliance... and it's all fully audited, so you can prove you're complying.

Start a conversation with us

Chances are you are lacking a great relationship with your current HCM provider. Why not consider a healthier path?