Learn more about cfactor
…simplify the complex.
Enrolling in a dental plan doesn’t need to be like pulling teeth. cfactor makes sure that benefits enrollment and administration is quick, accurate, and painless so that you can focus on that new dependent you just added.
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cfactor Benefits Administration
Managing day-to-day benefits administration and annual enrollment is a critical yet daunting process. Organizations using paper-based manual systems must invest significant effort into managing benefits communications, inquiries, and on-going employee change requests, many of which must meet stringent guidelines and compliance standards. This is not only costly, but also time consuming.
Relieve your workload
cfactor automates the processes and communication involved with ongoing benefits administration and annual enrollment, to relieve your workload. Through a secure portal, employees gain access to everything they need to administer their own changes regarding beneficiaries, dependents, contact information, etc., so change requests no longer have to be routed through Human Resources. Benefits administrators can effectively manage plan information and communicate updates through the portal, without the need for managing separate plan documents for various plan types, and without involving technical programmers.
Streamline enrollment and enhance compliance
cfactor allows you to communicate annual enrollment materials online, dramatically reducing the time and costs of traditional print and distribution methods. Employees are empowered to complete their enrollment and make informed election choices online, reducing submission errors and enhancing the employee experience. And cfactor’s powerful combination of workflow and auditing capabilities allow you to track the progress of enrollment across your workforce, automatically send reminder messages to avoid missed deadlines and archive employee acknowledgements to support auditing and compliance requirements.
Bottom line solutions for brokers
cfactor also delivers solutions which allow brokers to extend their professional service offerings and differentiate themselves in their market. Personalized broker solutions not only provide clients with enrollment and administration capabilities, but also provide brokers with tools to assist with plan administration, client analysis, on-going management and more.
What our clients have achieved…
- Significant reduction in time to deliver and manage annual enrollment programs
- $50,000+ savings per annum related to printing and distributing annual benefits information
- Improved compliance capabilities and auditing through online acknowledgments
- Reduced inquiries to HR / benefits personnel due to integrated access to plan specifics
- Dramatic reduction in plan administration through tracking and reporting tools
- Over 50% reduction in data entry errors through automated form validation and controls
- Improved data sharing through the ability to interface directly with carriers and other third parties