Benefits
Administration
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
A flexible product
that supports all your benefit needs
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.
Want to learn more?
Click here.
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