Benefits administration systems are software that help companies effectively manage their employee benefits programs. These may include health insurance, vacations, paid time off, retirement accounts or parental leave and other benefits that are usually handled by human resources. It is a powerful tool for businesses to utilize in order to both attract and retain employees. As a result, in this article, a list of the Top 30 Best Benefits Administration Software to guide your selection of the best for your organization.
Let’s take a look at this list of the top 30 best benefits administration software.
Top 30 Best Benefits Administration Software
- Workday
Firstly, Workday is a cloud-based software vendor that specializes in human capital management (HCM) and financial management applications. Their software has often been recognized for its ease of use and quick implementation compared with those of on-premises HCM and finance applications. Furthermore, it supports a wide range of benefit types, including health insurance, retirement plans, and wellness programs.
- Zenefits
Zenefits is a Software as a Service (SaaS) company that offers a cloud-based human resource information management (HCIM) platform to businesses. Additionally, it is designed to help SMBs when it’s come to payroll, benefits administration, and other employee and workforce related processes.
- Gusto
Gusto is a cloud-based HR and payroll platform that also offers comprehensive benefits administration solutions. Organizations can use it to provide employees with health insurance that includes dental and vision coverage, as well as 401(k) retirement plans. Furthermore, the software also recommends non-traditional benefits such as commuter benefits, college savings, and charity matching benefits.
- BambooHR
BambooHR is known for its intuitive design and robust feature set. This software provides a centralized platform for managing benefits, employee data, and HR processes. BambooHR’s benefits administration module simplifies enrollment, automates deductions, and provides detailed reporting. Additionally, its user-friendly interface and excellent customer support make it a popular choice among small to medium-sized businesses.
- Paycor
Paycor offers an easy-to-use HR platform helps leaders coach, optimize, and retain employees with performance reviews, goal tracking, career management, and more. Furthermore, its user-friendly interface and mobile app ensure that employees can access their benefits information anytime, anywhere.
- ADP Workforce Now
ADP Workforce Now is best for companies that want an all-in-one, customizable payroll, HR, talent, and workforce management software. Additionally, its flexibility and scalability are advantageous to growing businesses, and it’s a great fit for companies that have lots of shift employees due to its timekeeping and scheduling tools.
- Ultimate Software (UKG Pro)
UKG Pro is a global human capital management (HCM) solution and benefits software suite that connects employees with HR through surveys, talent management and payroll tracking.
- Namely
Namely is an HRIS platform designed with the employee experience in mind. Furthermore, it offers a comprehensive suite of HR solutions, including payroll processing, benefits administration, HR management, employee self-service, time and attendance tracking and more.
- Insperity
Insperity Premier is a robust HR technology platform with solutions for payroll, benefits administration, onboarding, time and attendance, applicant tracking, and more. Additionally, its dedicated support team assists with benefits management, ensuring compliance and efficient administration.
- Ceridian Dayforce
Ceridian Dayforce is a comprehensive cloud-based human capital management (HCM) platform designed to streamline HR, payroll, benefits, workforce management, and talent management in one cohesive application.
- Paycom
Paycom is a cloud-based HR and payroll software that includes a robust benefits administration module. Furthermore, it offers automated enrollment, compliance tracking, and reporting features that simplify the administration of employee benefits.
- Rippling
Rippling is an HR & Benefits Administration System just for brokers and their clients. Additionally, it allows HR teams and brokers to manage employee benefits from health insurance to 401K in one system.
- Benefitfocus
Benefitfocus is a cloud-based benefits administration platform that simplifies the management of employee benefits. It offers a wide range of benefit plans, including health insurance, retirement plans, and wellness programs. Furthermore, Benefitfocus’s advanced analytics and reporting tools provide valuable insights into benefits utilization and costs.
- Paylocity
Paylocity is a cloud-based HR and payroll solution that includes benefits administration features. Additionally, it offers automated enrollment, compliance tracking, and reporting tools that simplify benefits management.
- TriNet
TriNet HR is an HR, payroll, and employee benefits solution aimed at small to mid-sized businesses. Especially, those that offers three straightforward membership tiers with affordable pricing starting at just $8 per employee per month.
- PeopleSoft
PeopleSoft Benefits Administration is a benefits management application. It is a part of PeopleSoft Human Capital Management designed for human resources (HR) professionals. Furthermore, it enables users to establish and manage multiple benefits programs from plans for leave to reimbursement.
- Bswift
Bswift is a benefits administration management platform. It was developed to help companies with issues such as Affordable Care Act compliance.
- Asure Software
Asure Benefits Administration is a robust software platform that streamlines the management of employee benefits, from enrollment to claims processing and reporting. Additionally, with its user-friendly interface and powerful features, this solution empowers organizations to efficiently handle benefits-related tasks.
- Employee Navigator
Employee Navigator is a comprehensive HR software platform that can help businesses streamline their HR and benefits administration processes. Furthermore, it enables health insurance brokers to offer & manage a comprehensive benefits package with less work.
- Zywave
Zywave, Inc. is a software company that provides software as a service (SaaS) product for insurance brokers and financial planners. It is also a benefits administration platform for insurance brokers and HR teams. Furthermore, it offers a wide range of benefit plans, including health insurance, retirement plans, and wellness programs.
- Empyrean
Empyrean Benefits is a full-service benefits administration, integrated ancillary services, and benefits guidance solution. Additionally, it helps enterprise organizations to build their culture through benefits.
- GoCo
GoCo stands out as an all-in-one HR and benefits platform specifically tailored to the needs of small and mid-sized businesses. The platform offers a user-friendly interface, making it easy to navigate.
- MetLife
MetLife, Inc. is a leading global provider of insurance, annuities and employee benefit programs. It is the largest life insurer in the United States, based on life insurance in-force. Furthermore, MetLife offers group life insurance, dental insurance, vision insurance, auto insurance, and more to employees and retirees.
- Viventium
Viventium provides a SaaS-based payroll and HR solution. Additionally, it focuses on the post-acute care industry, paying over 424,000 health services employees.
- PlanSource
PlanSource is a leading provider of cloud-based benefits administration platform designed to simplify and automate the entire employee benefits process for businesses of all sizes.
- InfinityHR
InfinityHR is one of the most complete and affordable Internet based solution for benefits enrollment, benefits administration and HR process management for small and mid-sized companies, insurance brokers, and third-party administrators.
- Decusoft
Decusoft is a benefits administration platform for small to medium-sized businesses. Additionally, it offers automated enrollment, compliance tracking, and reporting features that simplify the management of employee benefits.
- ADP TotalSource
ADP TotalSource is a full-service HR solution for SMBs. It provides cloud-based HR technology paired with a team of experts to help businesses handle payroll, employment tax, employee benefits and benefits administration, HR policy and more.
- Sage HRMS
Sage HR is a cloud-based human resources management solution. Furthermore, it manages all types of benefit plans, defines eligibility criteria, and calculates premium and benefits costs for employees and dependents.
- Benify
Benify is an independent, flexible, and agile global HR technology company, offering the market’s leading global benefits and total rewards platform.
Conclusion
In conclusion, appropriately managing the affairs of employees is essential for the smooth running of any business. As a result, organisations need to employ the use of a benefits administration tools that is best suited to meet the needs of their employees. This list of the top 30 best benefits administration software gives you the best options to attract and retain employees.