Employee benefit programs play an important role in your customer’s effort to attract and retain great people. Unfortunately, these programs can also eat up a significant amount of internal administrative and managerial time. Not to mention the time spent simply keeping up on complex compliance obligations.
SBAM’s partner, Benepay Technologies, is focused on providing the highest level of service by delivering solutions to simplify and enhance the operational and administrative tasks around your customer’s employee benefits program.
Let’s face it, managing people is an expensive, time-consuming task for any small business. Payroll and taxes, employee benefits, ERISA and ACA compliance are just a few of your customer’s responsibilities. SBAM understands how difficult it can be – and we’re happy to provide your customer with a solution!
With SBAM Connectivity, powered by Benepay Technologies, your customer can choose their level of service from standard payroll administration all the way up to a fully integrated system that includes payroll, HR, time and attendance, benefits administration, and expense management.
With SBAM Connectivity, your customer will have the ability to track, and in some cases, report information related to the Affordable Care Act requirements including:
- Employee acknowledgement of their receipt of a Summary Plan Description and Summary of Benefits and Coverage
- Employees receiving their Notice of Exchange
- Full-time and part time status, hours worked in their measurement, stability and look-back periods
- IRS Section 6055 and 6056 reports
- A tool to calculate whether the requirements are being met and in compliance with the law
Simplify your customer’s life by combining their numerous administrative tasks into a clear and simple process with SBAM Connectivity Payroll and SBAM Connectivity BenAdmin.
Payroll – A customized payroll system built specifically for your customer, streamlining all their functions — simplifying payroll and tax processing — handling both employees and contractors in one clean system.
BeneAdmin – Available either as a stand-alone product or fully integrated with Connectivity Payroll, BenAdmin is a seamless solution for managing your customer’s employee benefits and HR administration of all of their medical, dental, vision, prescription drug, group life and disability plans. BenAdmin will help your customer eliminate manual procedures for every new hire, employee change, and termination with a single, streamlined system.
ACA Reporting – The Affordable Care Act requires that employers report every employee’s monthly eligibility and enrollment status on IRS Form 1094-C and 1095-C each year.
And unlike with Paychex or ADP, you will always remain the first point of contact and no one will ever call on your customer to try and take over the AOR. With SBAM Connectivity, you don’t need to worry about anyone stealing your customer away
Ready for a demonstration? Click here and complete the form on our website, or contact Kellie Neirynck at (800) 362-5461.