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Open enrollment – the time when employees can elect their benefits for the year … and the time that many HR professionals dread. Are you making benefits enrollment and management harder than it has to be? While some HR teams have moved benefits administration online, many are still following outdated, manual processes that make enrollment and management difficult and increase the chances of it being fraught with errors. Instead of using online options, some teams are still collecting paper forms when it comes time for open enrollment, which isn’t fun for you or your organization’s employees.
Well, for starters, it makes you responsible for distributing, reminding, collecting, entering, and tracking paper forms for all employees. These steps add complications and can be points of failure in the process. For companies with many employees or multiple site locations, it can mean even more complex coordination for the HR team – and more frustration, too.
Manual, paper processes are time-consuming, are harder to administer, have lower employee participation, and can cause costly errors. They can create challenges and headaches for the HR team administering the benefits because there are so many pitfalls, as they require human-performed data entry, processing, and nagging employees for their forms; it’s easy to make a mistake when you are relying on people. Another major downside to paper forms is data security – securing the process online is much safer and helps keep all of that information out of the wrong hands.
More and more businesses today are taking benefits administration and enrollment online, as going paperless can help eliminate many of the associated difficulties. With less data entry and room for human error, the likelihood for mistakes on both the employee and human resources sides is reduced. Today, the online options for benefits enrollment and administration, which can be accessed from anywhere with internet and a connectable device, are especially convenient for both administrators and participants, and this makes the HR team’s job much easier.
With benefits administration software – which, simply put, is software that helps organizations manage employee benefits – you can verify data quickly and accurately. By using online software year-round, you can streamline the benefits administration and tracking process, make annual enrollment less complicated, accommodate changes due to life circumstances more smoothly, and complete day-to-day administration with ease.
What are the benefits?
The good news – with the right software, you can make life much easier by reducing manual processes and sending all that paper to the recycling bin.
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