Vista's Benefits component simplifies benefits administration. From plan enrollment determination to benefits statements, the Benefits component provides the innovative tools to ensure peak performance. Vista allows you to maintain detailed information on an unlimited number of benefit plans and coverage levels for each employee and automates the processes involved in determining eligibility, calculating premiums and appropriate payroll deductions.

Key features of the Benefits component include:

·         Automated enrollment

·         Benefit eligibility testing

·         Employee Open Enrollment

·         Open enrollment processing

·         Dependent and beneficiary maintenance

·         Tax deferred processing

·         Pension processing

·         Future enrollment processing

·         Leave accrual processing

·         Flexible Spending Account Administration

·         COBRA eligibility

The Benefits component is a complete, in-house benefits management program, offering unparalleled flexibility for tailoring benefits packages. In addition to complete control of your plan management, the Benefits component provides employees with popular flex-style benefits programs. Using the Vista tools, you collect extensive information and produce detailed benefits statements. These statements, in turn, help you communicate benefit plans and eligibility information to all recipients.

Whether your organization offers core or flexible "cafeteria-style" benefits plans, or a combination, Vista's Benefits component will track extensive information quickly and accurately.

Studies show that more than 50% of most organizations' operating expenses are a direct result of payroll, human resources and benefits administration costs. Yet, many human resources managers cannot monitor benefits programs and associated costs effectively. Vista's Benefits component gives you a total solution for controlling costs.

By automating the benefits administration process, manual filing of papers and producing reports becomes a thing of the past. Your employees will have all benefits information at their fingertips, as well as the system users to generate any necessary reports required by your organization, benefits carriers, federal or state governments.

With the Benefits component, you can evaluate detailed employee benefits information; verify individual benefits information and monitor group participation in various benefits programs. The result is the ability to effectively analyze the quality of your organization's total benefits offerings and determine if they meet your employees' needs, as well as your organization's objectives.

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