Benefits Administration provides complete automation of enrollment, payroll deductions, plan updates and regulatory reporting.
Benefits: Ease of Enrollment - You can define eligibility and benefit criteria to accommodate different groups of employees. That way each new hire, based on specific eligibility criteria, triggers the notification and enrollment process, including payroll deductions set up. You save time and reduce errors.
Automatic Updating - As events that affect an employee’s benefit plan eligibility take place, Benefits Administration handles any necessary benefits changes. Benefits is fully integrated with Lawson Payroll application and Financials suite, so payroll deductions start immediately, or can be future dated with any plan enrollment or changes.
Reporting - Benefits Administration’s standard reports help you administer your benefits program with ease and effectiveness. You’ll be able to generate simple reports such as plan premium and participation, or complex regulatory reports to manage discrimination testing for highly compensated employees.
