10 Best Benefits Administration Software of 2024

Deel is a global compliance and workforce management solution that lets you manage all employees and contractors in one platform and offer localized benefits wherever they live. 

When you manage your global team's benefits through Deel, you can centralize all your admin and data management tasks, while empowering your employees through their self-service abilities. Deel eliminates multiple logins, reduces manual work, and minimizes errors. Plus, your employees can conveniently enroll in the new benefits they want, decline options, and manage their dependents. They also offer instant support from in-house experts to ensure you and your global team are protected, so you can get the most out of your benefits.

Deel’s in-house expertise in over 150 countries allows you to confidently provide a comprehensive range of benefits and perks to your team. You can compare different country costs and see what benefits and withholdings are required. You can set up employees with local health insurance, pension plans, or stipends.

Payroll deductions for benefit costs and other withholdings are automatically calculated, allowing you to simply schedule a mass payment in one click. Deel uses major payment providers like Wise, PayPal, Payoneer, and Revolut to offer flexible withdrawal options.

Their easy-to-use interface lets you develop insights and make informed decisions with Deel's actionable reporting. Deel also has several integrations allowing you to import and export HR data between popular accounting and reporting software solutions such as Ashby, BambooHR, Expensify, Greenhouse, Hibob, Netsuite, Okta, OneLogin, Quickbooks, SCIM, Xero, Workday, and Workable.

The company also has an Open API solution that allows developers to build their own interfaces on top of the Deel platform.

Deel offers flat rate pricing upon request. You can also request a free demo through their website.

Thatch is a modern health benefits platform that helps companies offer personalized healthcare experiences to their employees using an ICHRA. It provides an all-in-one solution that manages administration and compliance, aiming to make healthcare benefits more accessible and efficient for companies of all sizes.

Thatch stands out as a benefits administration software because of its personalization and flexibility. The platform allows employers to set a healthcare budget, and employees have the freedom to select from a wide range of healthcare services. This personalized approach ensures that employees can choose benefits that are most relevant to their individual health requirements, increasing overall satisfaction and engagement with the benefits offered.

Another key feature is Thatch's comprehensive administrative support that handles complex tasks, like administration and compliance. The platform also offers a user-friendly interface and automation capabilities. Additionally, Thatch provides a Visa debit card for healthcare expenses. This feature simplifies the payment process for employees, allowing them to easily pay for healthcare services directly.

Thatch integrates seamlessly with major payroll systems and insurance providers.

Pricing for teams of less than 10 employees starts at $29/employee/month, while teams with up to 200 employees start from $19/employee/month. A free demo is also available.

GoCo is a comprehensive, cloud-based HR software designed to simplify various human resource functions for small and medium-sized businesses. It includes features like digital onboarding, benefits administration, payroll management, and compliance tracking. 

One of its standout features is its automated benefits enrollment which simplifies the process for both administrators and employees. The software allows for customizable benefits packages, enabling companies to tailor the offerings to meet their specific needs. They even allow you to bring your own broker or choose the option to be paired with GoCo's benefits partners.

GoCo also provides a user-friendly employee self-service portal, where employees can easily view and manage their benefits, making the enrollment process more transparent and efficient. This also reduces the administrative burden on your HR team.

GoCo integrates with Slack, Microsoft Teams, Zapier, QuickBooks Online, Greenhouse, and Gusto.

Abenity serves as a streamlined platform for benefits administration, aimed at enhancing the perks and savings available to employees. Its aims to simplify access to a wide range of discounts and benefits, acting as a bridge between organizations and the exclusive offers they seek for their members.

At its core, Abenity excels in providing a comprehensive employee savings program, standing out as a valuable tool in the realm of benefits administration software. Its platform grants employees access to a vast array of discounts and savings on everyday purchases, travel, and entertainment, directly contributing to increased employee satisfaction and retention. This focus on tangible savings is complemented by a user-friendly interface and a seamless integration process, making it a go-to choice for organizations aiming to offer more value to their staff. Moreover, Abenity's ability to offer personalized savings opportunities, based on the specific preferences and needs of each employee, sets it apart from competitors, ensuring that the benefits provided are not just generous, but also relevant.

Abenity also offers employees unprecedented access to over 302,000 exclusive discounts globally, a scale unmatched by many, and its mobile app is both convenient and offers geolocation services. This means that users can find deals and savings opportunities in their immediate vicinity, enhancing the personalization of the platform. Abenity also operates with a commitment to not sell or misuse personal data.

Abenity integrates well with Salesforce, Workday, Microsoft Azure, ArcGIS, and Google Maps.

OnPay’s HR management software links core HR processes together, including payroll processing functions and employee benefits administration. Their team of licensed in-house insurance brokers can help you set up health, dental and vision plans with top providers such as Humana, Cigna, Blue Cross / Blue Shield, Aetna and UnitedHealthcare.

Once in place, benefit costs are synced with payroll, which means you won’t have to worry about capturing any cost fluctuations yourself. You can also work with OnPay to offer other benefits to your employees, including life and disability insurance, liability insurance, health spending accounts, and more.

OnPay’s well-rounded platform includes more than just benefits management features. On top of their full-service payroll, their platform also includes other HR essentials like automated onboarding flows, employee personnel files, document storage with e-sign capabilities, compliance audits, paid time-off tracking, and task management features.

OnPay integrates with Deputy, Magnify, Mineral, PosterElite, QuickBooks, When I Work, Xero, and with the 401k retirement platforms America’s Best 401k, Guideline, and Vestwell.

OnPay costs from $6/employee/month plus an additional base fee of $40/month. A free 30-day trial is available, plus your first month of services are free.

Paychex Flex is a cloud-based employee administration software that provides businesses with an integrated platform to manage payroll, benefits, HR, and timekeeping.

Companies can streamline their internal processes and provide employees with an easy-to-use interface for managing their information. The software includes capabilities for calculating payroll taxes, preparing tax filings, processing payments to vendors and suppliers, managing benefits programs, and tracking employee time worked. Additionally, it allows users to customize their settings to ensure that only the most relevant information is visible during each session. It also integrates with other popular third-party services such as QuickBooks and Salesforce.

The software offers a comprehensive payroll processing service that allows businesses to manage their employees’ paychecks quickly and easily. It integrates with other services to ensure accurate calculations of taxes, deductions, and other payroll-related items. Payments can be processed electronically or via check depending on the user's preferences. This makes it easy for businesses to keep track of their payroll expenses and ensure timely payment of wages to their employees. It also helps companies manage their employee benefits packages, including tracking vacation or sick days taken by employees and managing insurance plans or retirement accounts. Additionally, users can create custom benefit packages tailored to each employee's individual needs.

Paychex Flex can help eliminate manual data entry errors. By automating these processes and streamlining them into one integrated platform, businesses can save time and money from entering data manually or dealing with inaccurate data entries. It also increases financial visibility by providing real-time insights into company spending patterns. This can be especially helpful when budgeting and identifying areas where costs could be reduced or eliminated. 

Remofirst is a global employment platform that offers an Employer of Record (EOR) service, which allows businesses to legally employ staff in over 170 countries, handling HR tasks, payroll, taxes, and compliance with local employment laws on their behalf, all without establishing their own legal entities in each country.

Remofirst provides a platform that manages and administers employee benefits for global teams. The tool ensures that companies can offer competitive and compliant benefits packages aligned with local regulations in over 160 countries. It simplifies the process of selecting and managing statutory and supplemental benefits, such as health insurance, retirement plans, and other perks, which are crucial for attracting and retaining talent. Remofirst's benefits administration feature takes into account the varying norms and expectations of different regions, allowing companies to provide appropriate benefits to their international employees.

Remofirst also facilitates the hiring and payment of international contractors, ensuring compliance with local regulations, and conducts background checks on potential hires to maintain safety and integrity. Remofirst additionally supports the visa and work permit application process, ensuring that employees have the necessary documentation to work legally in their respective countries.

Remofirst integrates well with Salesforce, HubSpot, Slack, Zendesk, and Google Drive. Remofirst adds new integrations with HRIS software every quarter.

Trinet offers a cloud-based HR management platform that's well-suited to small and medium-sized businesses that want access to additional HR services too. Their software works in tandem with advice from their in-house experts who will help you craft a top-tier benefits program for your employees.

Using Trinet, you can offer your employees a wide range of popular benefits covering medical, dental, vision, life, disability, retirement, commuter, family planning, and more. They have a range of premium plans available through popular insurance providers like Aetna, Blue California, MetLife, and United Health Group. Once you've chosen your plan, you can administer all the details through Trinet's software.

Their benefits enrollment portal is clear and easy to follow, and it covers all the requirements for ACA compliance and COBRA administration. For benefits administration, you can also access data on enrollment utilization and benefit costs easily too.

Integrations are available with Brex, ChartHop, eqtble, Green Places, Mosaic, PayEm, QuickBooks, Sage Intacct, Secureframe, TravelBank, Vanta, Worksphere, and others.

Rippling is an employee management platform for managing a company’s HR and IT needs. Companies can use Rippling to manage all employee benefits in a unified platform, including health insurance and 401(k). Rippling syncs HR data with payroll ensuring the accurate computation of data and deductions to help prevent payroll discrepancies and disputes.

Rippling is the best benefits administration software if you want to automate enrolling new hires and updating deductions to save time and ensure all new employees enjoy their benefits. The software also allows companies to assess and compare plans from a host of leading insurance carriers, including Humana and Blue Cross Blue Shield, making it easier to get the most competitive plans for employees.

Rippling enables companies to connect new benefits to existing plans without requiring users to re-enroll, ensuring employees have access to updated benefits right away.

Rippling integrates with various productivity tools, including Google Workspace, Slack, QuickBooks Time, Dropbox, Microsoft Office 365, PayPal, etc.

Pricing details for Rippling are available upon request. You can also request a free demo through their website.

Insperity is a cloud-based HR solution that provides a range of HR and administrative services to businesses. One of its core features is benefits administration, which helps businesses manage and administer their employee benefits programs.

I picked Insperity as one of the best benefits administration software for employees because it is a comprehensive solution that offers a wide range of benefits administration services. With Insperity, businesses can manage their entire benefits administration process from enrollment to termination. Plus, the platform is intuitive and easy to use, making it accessible to businesses of all sizes.

One of the standout features of Insperity's benefits administration solution is its mobile app, which allows employees to access their benefits information and manage their benefits on the go. Another key feature is the platform's compliance tools, which help businesses stay up to date with changing regulations and requirements. Additionally, Insperity's benefits administration solution includes a range of tools for managing and communicating with employees, such as automated email notifications and alerts.

Insperity integrates with a variety of other HR and benefits-related tools, including payroll software, time and attendance systems, and retirement plan providers. This makes it easy for businesses to centralize their HR and benefits administration processes and keep all their employee data in one place.