There is plenty that human beings can do well, and yet there is little we do better than growing on a consistent basis. This progressive approach, on our part, has already got the world to hit upon some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the goods. The same has grown increasingly evident over the recent past, and assuming one new HRM-themed development shakes out just like we envision, it will only make that trend bigger and better moving forward.
BambooHR, the industry’s leading cloud-hosted software platform for human resources, has officially confirmed the launch of a new solution named Benefits Administration, which is designed to simplify the process of benefits enrollment and make it more accessible than ever before. According to certain reports, Benefits Administration integrates directly with BambooHR’s platform, something which should save HR professionals a good chunk of their time, while simultaneously ensuring complete accuracy across the company’s benefits management operation. But what are some granular-level features that look set to hit the deck here? Well, almost as an extension to the previous pointer, Benefits Administration will allow you to access all benefit plans and select the one you prefer right from within BambooHR’s existing ecosystem. Next up, the solution can further facilitate the creation of an enrollment window for new hires, annual recruitment, and even a qualifying life event. No matter what’s your purpose, though, Benefits Administration will be able to save every employee entry automatically in your company’s personal record. Interestingly enough, BambooHR’s latest brainchild also has the knowhow to offer seamless connections to a growing list of top benefits carriers. This, in turn, can help the HR leader seamlessly share employee enrollment data with the relevant provider, thus eliminating the whole hassle of double entries.
“With 82% of employees noting that company-offered perks and benefits are the most important thing when looking at a potential employer, our new Benefits Administration tool equips customers to thrive in a competitive job market by making benefits easier to select and review for a more efficient process,” said Brian Crofts, chief product officer at BambooHR. “In today’s competitive talent market, HR leaders need to streamline time-intensive processes such as benefits administration in order to focus on what matters most.”
Hold on, we aren’t quite done yet. Benefits Administration, in case the extended value proposition is still not attractive enough for you, even brings forth a framework where multiple parties have the means to collaborate on benefits and extract maximum value. Complement this bid of value optimization are functionalities like Enrollment Window Election Summary and a detailed Benefit Election Changes report that lets you quickly go over the details. By providing a very straightforward lowdown, these functionalities instigate easier detection of errors before all information is finally passed on to the benefits provider.
Founded in 2008, BambooHR’s rise to prominence is orchestrated on the back of its intuitive HR tools, insights, and support that work in conjunction to deliver a top-notch employee experience. The company’s excellence in what it does can be inferred from the fact that it currently serves more than 32,000 companies across the globe, with the stated clientele notably including big names like Asana, Foursquare, Stance, Change.org, Postmates, and more.
