Benefits administration Functions & Features

Benefits administration includes accessing and imputing new employee records, changing an existing employees' record, as well as cancelling a terminated employees' benefit profile.. Benefits administration Functions & Features are an important module of the comprehensive HCM RFP Template.

The HCM RFP template with Benefits administration Functions & Features for HCM is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 1430 decision criteria. The HCM RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to HCM software vendors. It ensures for:

complete response from each HCM software vendor
deep and accurate evaluation of submitted HCM proposals
impartial side-by-side comparison of HCM solutions evaluated
rational and documented selection of the best matching HCM system

The HCM software comparison report can save you up to 90% of the time you would have otherwise spent comparing all the HCM solutions from scratch.

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The Benefits administration Functions & Features comprise the following elements:

Defines and maintains benefit/deductions for the employee and employer
Defines and maintains benefit/deductions for the employee and employer, Benefits administration Functions & Features
Create company specific deduction calculations
Create company specific deduction calculations, Benefits administration Functions & Features
Specify the display order in which each benefit plan is viewed
Specify the display order in which each benefit plan is viewed, Benefits administration Functions & Features
Limit the number of dependents to the employee for each benefit plan offered
Limit the number of dependents to the employee for each benefit plan offered, Benefits administration Functions & Features
Limit the number of dependent relationships to the employee for each benefit plan offered
Limit the number of dependent relationships to the employee for each benefit plan offered, Benefits administration Functions & Features
Limit the number of times a benefit may be claimed by an employee
e.g. moving expenses Limit the number of times a benefit may be claimed by an employee, Benefits administration Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which HCM solution is the best for your needs.

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Benefits administration Functions & Features

Defines and maintains benefit/deductions for the employee and employer

Create company specific deduction calculations

Specify the display order in which each benefit plan is viewed

Limit the number of dependents to the employee for each benefit plan offered

Limit the number of dependent relationships to the employee for each benefit plan offered

Limit the number of times a benefit may be claimed by an employee