Get a good grip on your largest expense: labour. By automating time and attendance tracking, busting the budget can become a thing of the past.
Guided, self-service enrollment helps employees see the impact of their benefit plans and then helps them choose the best option for their specific needs: walking them through an introduction of the program, setting up their profile, establishing their elections, and finalizing with a confirmation.
Employees are presented only with benefits for which they are eligible. A configurable list of qualifiers helps administrators define eligibility rules for plans, options, and rates, facilitating more accurate and compliant enrollments.
Our advanced, proprietary decision support system helps employees make informed decisions by asking targeted questions to help identify anticipated medical needs and the program that provides the most benefit based on their answers.
Our best-in-class Benefits Intelligence engine gives HR professionals the insights they need to provide the most value for both their employees and the company.
Prepare your organization for the year ahead by intelligently simulating plan adoption, helping you forecast enrollment trends and costs.
Measure the financial impact of different plan adoptions should your organization propose changes.
Measure the strengths and weaknesses of your plans and identify what’s missing through a best-fit plan analysis.
Leverage decision support analytics to adjust your plan designs and ensure your plans for employees remain competitive.
Model adjustments to your benefits plan designs through a what-if analysis to identify valuable opportunities for adoption and cost improvements.
Analyze the costs associated with changes to plan design so you can better examine financial impact.
Benefits software is a platform where benefits administrators can input information about health, financial, wellness, and other benefits so that employees can view and make benefits elections during a company’s enrollment period. It is often part of a larger suite of products called HCM software.
Dayforce’s benefits software is written on the same codebase as our payroll, workforce management, HR, and other product features, which means that benefit data appears in real-time across appropriate parts of Dayforce.
Dayforce’s benefits software can be used by all company employees who have been given access. It includes self-service features so that employees can view their current benefits, enroll in benefits as a new employee or during the annual enrollment period, and receive support for their elections.
Our benefits software is sold using a subscription model based on the number of employees who will be using the product. Cost also varies based on the need for advanced decision support for employees, whether the company needs to file ACA reports, and the complexity of implementation.
Benefits software is sold through a sales representative who can discuss the needs of your company, work with you to help determine the right product and feature mix, talk through the scope and cost of implementation, and create a contract.