August 23, 2015

ACA Tax Compliance and Benefits Administration

When It Comes to Benefits- We Have You Covered.  

We offer both managed services as well as the technology to assist with all things benefits. iSolved Screenshots

Autopaychecks iSolved Benefits Enrollment:

Our HCM technology, iSolved, helps smooth out the complex task of managing your workforce benefits. The iSolved enrollment process increases employee engagement, and includes checks and reporting to help smooth out the complexities of your open enrollment period. We work hand in hand with your broker and will ensure your employees have the information they need to properly and efficiently manage their benefit selections.

Managed Benefit Services:

Whatever your benefit administration needs are, Autopaychecks is here to help you manage them. Give us a call us to learn more about our benefits administration services and how the iSolved technology improves your benefits enrollment. Autopaychecks offers a comprehensive suite of managed benefit services that can be purchased stand alone, or as part of a bundle with our iSolved HCM technology. Our services include COBRA, Flexible Benefits, POP, and Blanket Notices & Mailings.

Streamline Open Enrollment: 
Online enrollment for employeesAutopaychecks iSolved HCM provides an improved experience for employers and employees for the critical open enrollment process. A user-friendly interface offers a more engaging and intuitive benefits enrollment experience while users navigate step-by-step through the benefit enrollment process, driving up employee engagement and usage.

Direct connectivity with carriers

Life event updates facilitated through employee self-service

Fully integrated – No need to export data for payroll purposes

Calculate Full-Time Equivalent Employees in Real Time with Real Data

Autopaychecks iSolved HCM’s ACA reporting function gives you the ability to automatically calculate full-time equivalent employees using real data, updated in real-time. This means you can monitor fluctuations and ensure that your benefits package is ACA compliant.Under ACA, extra attention must now be paid to the calculation of full-time equivalent (FTE) employees as it affects the health coverage employers are required to offer. In general, it is considered best-practice to base these calculations on actual labor data rather than estimates that use the number of full and part-time employees on staff.

If your current Human Capital Management Solution doesn’t have an FTE calculation tool, we have some excellent resources in our ACA Center that will assist you in the manual calculation.