Streamline HR Employee Benefits Premium Billing
Maximize Efficiency, Minimize Errors
Empowering benefits professionals with a single platform to synchronize billing data, consolidate, reconcile, report on, & pay for employee benefits – reach out to start a conversation!
Integrations with All BenAdmin & Payroll Platforms, Including:
Imagine a World Where Monthly Employee Benefits Premium Billing is Effortless
Ditch the spreadsheets. Ditch long hours of comparison. Ditch worrying about billing errors.
- The Trifecta of Automated Reconciliation
Monthly benefits reconciliation audits between enrollment, invoices, and payroll. - Consolidation on Multiple Levels
Automate consolidation of all vendor bills onto one invoice, broken down by sub-levels such as Location, Franchise, Division, or Department. - One Click to Pay Them All
Authorize one digital payment to electronically pay all benefits vendors.
Love Tech or Not, AdminaHealth Has You Covered with a Winning Combination:
- Cutting Edge Benefits Billing Software
Catch inaccuracies before they snowball with a single automated platform that synchronizes billing data across your enrollment, payroll, and vendors.
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- Expert Team Members
Your Relationship Manager and Data/Business Analysts will keep you on track, month after month.
You Can Be a Benefits Superhero…Even if You’ve Never Worn a Cape.
The ladies in Finance at Leading Edge Academy, a growing educational institution with 6 campuses, were able to streamline their monthly employee benefits premium billing saving over 25 hours a month by partnering with AdminaHealth. Here’s how:
THEIR CHALLENGE
Every month they had to match up three systems – their invoicing to their payroll to their enrollment, and each of those systems has its own way of identifying employees.
If there were transitions such as employees that crossed districts, who were terminated, or new employees coming on board, it was a hassle to keep track across the three systems.
Additionally, with eight carriers for the different benefits, it resulted in a lot of compliance forms for the IRS. In total, premium billing administration took them an average of 27 hours a month.
THE SOLUTION
AdminaHealth’s SaaS solution combined with expert team members provided a comprehensive solution to Leading Edge Academy’s challenges. The platform automated reconciliation and consolidation, streamlined payment management, and ensured compliance with IRS regulations. Key features included:
- Centralized Platform:
A single platform to manage benefits across all six locations. - Automated Reconciliation:
Ongoing automated matching of invoices, payroll, and enrollment data. - Streamlined Payment Management:
Electronic premium payments and chargebacks. - Compliance Management:
Ensured compliance with IRS regulations and reporting requirements. - Dedicated Support:
Leading Edge had ongoing support and assistance from AdminaHealth.
RESULTS
By implementing AdminaHealth’s solution, Leading Edge Academy was able to overcome their challenges and achieve significant benefits in terms of time savings, accuracy, compliance, cost savings, and efficiency. With AdminaHealth, the entire process now takes them one to 1.5 hours a month. Would they recommend AdminaHealth to other large companies with complex structures? 100%!
Don't Wait. Take the First Step Toward a Brighter Benefits Billing Future.
Start a conversation and learn how we help HR teams:
- Reduce stress and increase job satisfaction.
- Gain more time to focus on strategic initiatives.
- Improve employee engagement and retention.
- Increase confidence.
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