Benefits administration software

Employee benefits are becoming more common by the day among companies of all sizes. When it comes to employee wellness, especially insurance and wellness programs, there are a lot of things that HRs have to do on a daily basis. This puts the limelight on digitizing employee benefits to manage it using a sophisticated benefits administration software. 

 We have developed a list of the best benefits administration software along with a description of what makes each of them unique. Let's begin straight away.

What is benefits administration software?

Benefits Administration Software is used to manage employee benefits and eligibility, such as medical insurance, wellness programs, pension and retirement, and PTO. Benefits data is centralized for the visibility of managers, administrators, and employees. A benefits administration software is the solution to all of your employee benefits management problems, whether you need to develop and manage employee benefits packages or want to ensure that your company complies fully with legal requirements. It aids HR managers in managing and organizing employee data, from the best insurance plans and stock options to a dashboard for efficient open enrollment periods. Additionally, it enables you to offer a range of benefits, including health, dental, disability, retirement, and others.

Best 10 benefits administration software

Pazcare

Pazcare

Vantage Circle

Vantage Circle

Zenefits

Zenefits

Paycor

Paycor

GoCo

GoCo

Gusto

Gusto

BenefitFocus

BenefitFocus

PlanSource

PlanSource

EBS PaySuite

EBS PaySuite

Namely

Namely

Pazcare

check mark icon

Pricing

Request quote

check mark icon

Free Version Availability

Yes

check mark icon

Suitable For

Small, medium and large companies

Pazcare is a health insurance software platform that enables its users to use employee benefits programmes for designing, managing, and administering their employees efficiently. The areas of expertise of this software include healthcare, insurance and information tecchnology. It is one of the top platforms for employee benefits and health insurance in India. Give your staff improved benefits like never before, including mental wellbeing, virtual doctor consultations, routine physicals, dental care, individualized exercise programmes, and more.

Vantage Circle

check mark icon

Pricing

NA

check mark icon

Free Version Availability

Yes

check mark icon

Suitable For

Medium and large enterprizes

Vantage Circle is a Global Employee Engagement Platform that leverages artificial intelligence and machine learning to provide HR with simple and effective employee engagement solutions. Vantage Rewards, Vantage Perks, Vantage Pulse, and Vantage Fit are among the company's range of solutions that are created to answer the deliberate need to increase labour productivity by providing a wonderful employee experience. Vantage Circle is aware that managing human resources is a difficult task to take on. It maintains the HR features at the centre of building a solution to answer a problem connected to better labour management in order to overcome any deviations in this endeavour. 1.8 million employees of some of the major corporations, including HCL, Accenture, Infosys, WIPRO, Aricent, GE, Mu Sigma, Capgemini, and many others, currently make up our user base.

Zenefits

check mark icon

Pricing

NA

check mark icon

Free Version Availability

NA

check mark icon

Suitable For

Small and medium businesses

Zenefits is a specialized HRIS solution for SMEs and startups. Although the program offers a wide range of HR services, benefits administration is its main area of interest. Invoicing, onboarding solutions, quality management, and automatic enrollment procedures are additional services.

The software's user-friendly interface offers a thorough overview of all your staff data and records. It offers resources for benefits administration automation and choices for benefit plan creation.

Although you can use the software on a PC, there are restrictions on what you can do with the mobile app. This is because the mobile app doesn't enable many administrative functions, which could be an issue if you frequently travel for business.

The employee mobile app, on the other hand, has garnered excellent reviews and offers all the features you would anticipate from an employee portal.

The majority of the services you would anticipate from a benefits management software are generally provided by Zenefits, but it stands out since it offers numerous business intelligence reporting possibilities. You can use these reports to make wiser judgments by using the information they include.

Paycor

check mark icon

Pricing

NA

check mark icon

Free Version Availability

Yes

check mark icon

Suitable For

Small and medium companies

Paycor develops Human Capital Management (HCM) software for executives who are motivated to change the world. Every facet of people management, including hiring, paying, and developing and keeping employees, is modernized by our HCM platform. But our emphasis on business leaders is what really sets us unique. We have been collaborating with and listening to leaders for more than 30 years, so we are aware of their needs for time-saving HR technology, robust analytics that delivers actionable insights, and individualized assistance. Because of this, more than 29,000 clients rely on Paycor to assist them in resolving issues and achieving their objectives. Paycor creates HR software for executives that wish to concentrate on long-term objectives. Maintain a central HR solution for all employee data to avoid switching between platforms, managing spreadsheets, or accessing multiple windows.

GoCo

check mark icon

Pricing

$5.0/month

check mark icon

Free Version Availability

No

check mark icon

Suitable For

Small and medium companies

GoCo is a comprehensive HR software and HCM solution that offers payroll, onboarding, performance management, learning management, benefits administration, benefits enrollment, and benefits administration services all in one location.

The dynamic dashboard from GoCo is made to be flexible and user-friendly while still offering all the features you'd expect from full-featured HR software.

GoCo offers features like employee self-service portals, PTO management, employee data management, time tracking, employee lifecycle management, a mobile app, and access to various insurance brokers in addition to standard services.

You can put up custom benefits in addition to the standard ones like life and health insurance using GoCo's benefits administration. Additionally, the system automatically distributes them to the appropriate workers. Simply include insurance companies, health plans, and sources for additional benefits.

Gusto

check mark icon

Pricing

$46/month

check mark icon

Free Version Availability

No

check mark icon

Suitable For

Medium to large companies

Gusto is a full-service human resources solution that has flourished in recent years. It contains payroll features, choices for onboarding, and a comprehensive benefits management area. With an enhanced plan, you can acquire features like management and workers' compensation.

The nicest thing about Gusto is that it was created with small businesses in mind, and to further set itself apart, they provide three distinct pricing tiers for various kinds of small businesses.

In addition, the software offers full third-party integration compatibility for users who already have a payroll administration account with another service provider.

You can manage your processes while on the road thanks to Gusto's mobile app. the also grants lifetime access to W2s and pay stubs to employees.

BenefitFocus

check mark icon

Pricing

$40/month

check mark icon

Free Version Availability

Yes

check mark icon

Suitable For

Medium to large companies

BenefitFocus gives employers, their brokers, and insurance carriers the tools they need to provide top-notch benefits experience through potent cloud-based software, data-driven insights, and intelligently designed services. Employers spend more than $1.5 trillion annually on health care. However, many continue to use outdated ERP or HCM applications to handle this investment. The outcome? Increased health plan expenses, disgruntled workers, and higher turnover. This is not necessarily the case. With a single, cloud-based platform, Benefitfocus helps over 1,000 big businesses improve benefits administration, boost employee engagement, and maximize the return on their benefits investment.

PlanSource

check mark icon

Pricing

NA

check mark icon

Free Version Availability

No

check mark icon

Suitable For

Medium to large companies

PlanSource is a benefits administration program that is entirely cloud-based. Additionally, it provides additional HR services like payroll administration and onboarding programs.

Since PlanSource is open-source software, you have the ability to create various benefit plans, programs, and models. Additionally, it is programmable and has beneficial settings. Each model and plan can be altered in terms of how they are applied, how many contributions are made, and other variables that can be customized to differentiate the plans for various employee types.

To ensure that your team is in good form, the software also offers talent and workforce management services.

The is renowned for working only with the best insurance companies and benefits suppliers. This enables their customers to receive advantages from the best providers at affordable prices.

Additionally, the software enables the management of the COBRA program and unique employee communication networks. Additionally, it allows you to manage every aspect of benefits registration, shopping, and invoicing so that you can create a special benefits program.

EBS PaySuite

check mark icon

Pricing

$49/month

check mark icon

Free Version Availability

No

check mark icon

Suitable For

Small, medium and large companies

EBSHR is a basic yet effective solution for businesses that struggle to handle the intricate demands of their HR department. The program is loaded with capabilities that might help you run your business more productively and efficiently. You can manage the full lifecycle in one application thanks to its complete HR capability. Wi the EBSHire, any size organization can easily, affordably, and cost-effectively manage the applicant tracking process from beginning to end. To make sure that everyone is on the same page, engaged, and held responsibly, we make it simple to manage your applicant tracking and talent acquisition operations and integrate them with the organizational strategic goals and people management processes. EBSTime is an all-inclusive, strong, and simple rules-based solution that integrates with almost any payroll program.

Namely

check mark icon

Pricing

NA

check mark icon

Free Version Availability

Yes

check mark icon

Suitable For

Small and medium companies

The all-in-one HR software Namely was created with small enterprises with 50 or more employees in mind. It contains a specialized benefits administration plugin that enables total control over every aspect of benefits administration.

Additionally, the software has tools for payroll, onboarding, people management, performance management, and time monitoring.

Namely is renowned for offering one of the broadest selections of insurance companies and benefits available in the US. Almost any provider is a viable option when choosing your benefits, and you can switch providers at any time by clicking a button.

The software also features a fully working and customized mobile app. It supports third-party integration with essentially every other program of this type and syncs your data after integration is complete.

Product Pricing Free Trial Enrollment Planning Ratings Industries
Pazcare Request quote NA NA NA All industries
Vantage Circle NA Yes 8.8/10 4.7/5 Information Technology and Services
Zenefits NA NA 8.8/10 4.0/5 Information Technology and Services
Paycor NA Yes 8.0/10 4.1/5 Retail
GoCo $5.00 No 9.7/10 4.7/5 Computer Software
Gusto $46.00 No 8.6/10 4.2/5 Computer Software
BenefitFocus $40.00 Yes 9.4/10 4.4/5 NA
PlanSource NA No 8.4/10 4.6/5 Construction
EBS PaySuite $49.00 NA 9.3/10 4.9/5 NA
Namely NA Yes 7.8/10 3.9/5 Computer Software
Hireology $50.00 Yes 8.8/10 4.5/5 Automotive