What is Benefitfocus?
Benefitfocus is a leading cloud-based benefits management platform that simplifies how organizations and people transact benefits. The Benefitfocus Platform has a multi-tenant architecture and has a user-friendly interface designed for employees to access all of their benefits in one place.
The Benefitfocus Solutions enable employers and insurance carriers to manage, scale and exchange data seamlessly. Employers use the Benefitfocus Platform to access data-driven insights that help them manage costs, keep up with regulatory changes, and offer a competitive benefits package that meets the needs of their employees.
Key capabilities and benefits include:
- Benefits enrollment, eligibility and life event management
- ACA compliance and reporting tools
- Carrier membership and billing management
- Benefits communication, education and decision support
- Analytics on benefits trends, utilization and engagement
Over the years, Benefitfocus has served customers across employer, carrier, and broker markets. Some of its major customers include Designer Brands, Jack in the Box, Linden Care, and more. It integrates with leading HCM platforms like SAP SuccessFactors, Workday, and leading insurance carriers.
Workday, Paywings Payroll, Sentrifugo HRMS, TimeTrex, Paylocity, Flapps, Coupa, Square Payroll, Zenefits, Gusto, GuideSpark, Ultimate Software, Payroll Heaven, PeopleKeep are some alternatives to Benefitfocus.