Top 5 Reasons to Utilize Benefits Admin Tech

You can provide your clients with a full benefits enrollment experience.

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Published: 08.29.2023

Self-service benefits administration can show 15% in time savings for HR staff. In addition to streamlining the enrollment process and saving your group clients precious time and money, benefits administration technology provides employees with 24/7 access to their benefits. Better access helps employees make informed decisions throughout the entire enrollment process.
 
TOP 5 REASONS TO UTILIZE BENEFITS ADMIN TECHNOLOGY

1. Save time. Reduce the time needed to prepare, distribute and collect paperwork, and eliminate manually inputting the data into insurance carriers’ systems.
2. Save money. Eliminate printing and postage costs with online enrollment since forms can be completed and stored electronically.
3. Reduce data entry mistakes. Minimize errors when employees can enter their information.
4. Simplify the enrollment experience. Store plan details, enrollment forms and benefits elections in one place—employees can compare plans, enroll electronically, and access and update their information 24/7 from any device, including their phones.
5. Gain insights on benefits utilization. Track employees’ benefits selections and enrollment progress to better understand which benefits employees choose and use.

QUESTIONS? For more details, contact your Savoy Sales Team.