Benefits administration made easy
Manage all your employee benefits from one place
You’ve worked hard to create a competitive benefits package for your employees. Don’t make it hard to manage too. With Paychex Flex?, you can easily manage your company’s group health insurance, section 125 plans, retirement, and other employee benefits from a single integrated platform.
Manage benefits online
Enjoy the convenience of benefits enrollment, management, and data all in one place — anytime and anywhere.
Make updates in real time
Go paperless and give administrators online access to view and change employee benefits data any time.
Give employees online plan access
Spend less time answering questions by giving employees online access to view and make changes to their personal plan information.
What you can get with Paychex benefits administration
- Online benefits management via our human capital management (HCM) technology and service platform, Paychex Flex?
- Accuracy and accountability
- Peace of mind regarding requirements and deadlines
- Savings in administrative and employee time and labor costs
- Control over benefit costs, invoicing, and bill reconciliations
Online benefits administration
Online benefits administration with Paychex Flex gives you a new level of oversight over your company’s benefit plans, helping improve productivity, communication with employees, and your ability to make well-informed business decisions.
Work with your current brokers
We respect and support your relationship with your financial advisor. We can work with your current providers, or we can help :
- Educate you about our various retirement plan offerings.
- Add to your company’s benefits package by letting us help you establish and maintain group health insurance packages and section 125 plans such as FSAs and POPs.
When you need to communicate news and announcements to employees, such as open enrollment reminders, you can send mass emails or set up an electronic bulletin board, whichever is more efficient for your company.
Secure carrier connections
We’ve established secure data-sharing relationships with major benefit carriers. With your permission, we’ll share employee premium deduction data in real time with your company’s payroll system, benefits carriers, and third-party administrators for the utmost efficiency and accuracy.
Easily manage your plan recordkeeping while reducing expenses and improving accuracy. Because Paychex Flex shares a single employee profile across modules — retirement, insurance, payroll, and more — updates are simple.
Analytics and reporting
Generate industry-standard or customizable reports by department, location, and other factors — even if your company’s benefits are through different carriers.
- Helps you to stay compliant with the Affordable Care Act by assisting you to determine your status as an applicable large employer.
- Monitor career connections with a stage, next send, and frequency dashboard.
Renew with ease
Reduce administrative time and potential errors during open enrollment with an online automation renewal tool offered through our benefits administration solution BeneTrac.