EverythingBenefits Integration with ADP Bolsters Management Platform Services By Offering Suite of Benefits Solutions
NEW PROVIDENCE, NJ–February 28, 2019–EverythingBenefits, a provider of comprehensive, next-generation benefits technology, announces today its integration with ADP®, the leading global provider of human capital management (HCM) solutions, offering its clientele a suite of end-to-end benefits solutions and services.
ADP Marketplace is a digital HR storefront designed to help employers create an HR ecosystem for their company using solutions from ADP and leading third-party partners like EverythingBenefits, enabling companies of all sizes to extend the value of their workforce solutions seamlessly across their entire organization.
“The integration with EverythingBenefits can help our clients with the breadth of benefits they want,” said Craig Cohen, General Manager, ADP Marketplace. “Their technology helps complete some of today’s service and functionality gaps, while connecting existing players through one simple integration.”
EverythingBenefits allows HR and benefits systems to automatically communicate with insurance providers without over complicating processes for employees. This not only saves time for employees managing these activities but can also help to ensure that companies remain compliant. Its integrations on the ADP Marketplace includes:
- Carrier Connectivity: The company’s flagship product communicates benefit enrollment and change information to over 600 benefits providers and third party administrators (TPAs), including health, life, vision, and dental, and other ancillary services to help HCM platforms deliver a single system of record experience for any size company.
- COBRA Administration: A full-service solution that integrates with the HCM platform to proactively monitor for COBRA initial and qualifying events and provide a one-stop location for virtually all their COBRA compliance needs, all while reducing non-compliance risk and lowering costs of manual administration.
- 180° & 360° 401(k)/Retirement Plan Integrations: 180° integrations allow contributions and payroll deductions for retirement plans along with employee demographic data to be delivered directly to financial institutions. With 360° integrations, changes to financial data such as contributions, loan data, and other information originating from the retirement plan vendor can flow back into the payroll platform to be processed and approved as new deductions.
- Benefits Reconciliation: This is a fully automated reconciliation that combines relevant invoice data from benefits providers with internal information on the company payroll and enrollment systems to provide insight into the billing irregularities and potential liability areas.
“We are thrilled to join ADP’s industry-leading marketplace to work together on our joint goal of simplifying HR and benefits for employers,” said Rachel Lyubovitzky, CEO of EverythingBenefits. “Our partnership will allow for seamless management of their client’s benefits experience from start to finish – making benefits enrollment, payments and HR protocols easier, cost effective and time efficient.”
To learn more visit https://marketplace.adp.com/everythingbenefits.
EverythingBenefits is a leading provider of next-generation, end-to-end benefit technology solutions and services that help businesses of all sizes and their employees experience benefits in more meaningful ways. By leveraging an open business model, EverythingBenefits partners with benefit brokers, independent agents, insurers, payroll or human capital management companies, and other providers. The company’s philosophy is that technology should make life simpler, more rewarding, and more enjoyable. For more information, please visit our web site at https://www.everythingbenefits.com or connect with us via LinkedIn, Twitter, or Facebook.
About ADP Marketplace
ADP Marketplace is a digital storefront designed to help employers create HR ecosystems for their companies using solutions from ADP and leading third-party partners, enabling companies of all sizes to extend the value of their workforce solutions seamlessly across their entire organization via a secure, single-sign-on process. apps.adp.com