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    HCM BenefiX For Oracle Webinar

    Uploaded by

    Piyush Mohapatra
    This document discusses BenefiX, a carrier integration solution from SS&C that allows Oracle HCM Cloud customers to securely transmit benefits enrollment and other data to over 550 insurance carriers. Key points: - BenefiX offers a pre-built library of carrier specifications and can build custom specs. It supports plans from medical to spending accounts. - Data extracts from Oracle HCM Cloud are sent through BenefiX's secure transmission to the appropriate carrier files. - A new BenefiX dashboard provides oversight of file configurations, run dates, notifications and user profiles. - SI Group, a BenefiX client since 2015, praised its fast implementation, easy changes, efficiency and responsive support team.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    HCM BenefiX For Oracle Webinar

    Uploaded by

    Piyush Mohapatra
    79 views18 pages
    This document discusses BenefiX, a carrier integration solution from SS&C that allows Oracle HCM Cloud customers to securely transmit benefits enrollment and other data to over 550 insurance carriers. Key points: - BenefiX offers a pre-built library of carrier specifications and can build custom specs. It supports plans from medical to spending accounts. - Data extracts from Oracle HCM Cloud are sent through BenefiX's secure transmission to the appropriate carrier files. - A new BenefiX dashboard provides oversight of file configurations, run dates, notifications and user profiles. - SI Group, a BenefiX client since 2015, praised its fast implementation, easy changes, efficiency and responsive support team.

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    HCM-BenefiX-for-Oracle-Webinar

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    This document discusses BenefiX, a carrier integration solution from SS&C that allows Oracle HCM Cloud customers to securely transmit benefits enrollment and other data to over 550 insurance carriers. Key points: - BenefiX offers a pre-built library of carrier specifications and can build custom specs. It supports plans from medical to spending accounts. - Data extracts from Oracle HCM Cloud are sent through BenefiX's secure transmission to the appropriate carrier files. - A new BenefiX dashboard provides oversight of file configurations, run dates, notifications and user profiles. - SI Group, a BenefiX client since 2015, praised its fast implementation, easy changes, efficiency and responsive support team.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    79 views18 pages

    HCM BenefiX For Oracle Webinar

    Uploaded by

    Piyush Mohapatra
    This document discusses BenefiX, a carrier integration solution from SS&C that allows Oracle HCM Cloud customers to securely transmit benefits enrollment and other data to over 550 insurance carriers. Key points: - BenefiX offers a pre-built library of carrier specifications and can build custom specs. It supports plans from medical to spending accounts. - Data extracts from Oracle HCM Cloud are sent through BenefiX's secure transmission to the appropriate carrier files. - A new BenefiX dashboard provides oversight of file configurations, run dates, notifications and user profiles. - SI Group, a BenefiX client since 2015, praised its fast implementation, easy changes, efficiency and responsive support team.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 18

    BenefiX

    Managing Carrier Integrations for Oracle HCM Cloud Customers


    March 3rd, 2020
    Agenda
    SS&C Overview

    Oracle Relationship

    What is BenefiX

    Why use BenefiX

    BenefiX Dashboard

    Client Testimonial

    Q&A

    Speakers:
    Dave O’Meara | Director, Product Strategy, Oracle HCM Cloud
    Adam Gates | Senior Principal Product Manager – Benefits, Oracle HCM Cloud
    Grant Kreft | Vice President – SS&C
    George Austin | BenefiX GM – SS&C
    Matt Miron | Manager, HR Technology - SI Group 2
    SS&C Overview

    3
    SS&C summary
    About
    • Founded in 1986, 22,000 employees, 100+ offices worldwide
    • NASDAQ: SSNC (since Q1 2010)

    Clients, Revenue and R&D


    • 18,000+ clients
    • 4.78B in 2019
    • 2019 pro forma R&D spend of over $400million

    4
    Our Relationship

    5
    Oracle and SS&C
    • Partners for over 9 years
    • Oracle developed extract for BenefiX in 2011

    • In 2020 Oracle enhanced the HCM extract for Benefits


    • Added 450 new Benefits DBI’s
    • Improves scalability
    • Enhances capabilities
    • Continued Support of seeded Extract Process

    • 80+ Oracle HCM Cloud clients trust BenefiX


    • Manufacturing, Pharma, Finance, Insurance, Technology, Telecommunications, Retail, Higher Ed.,
    Logistics, Automotive, Aviation, Hospital/Healthcare

    • No company too big or too small


    • Clients range from under 500 employees to over 150k

    • Over 1.7M subscriber records sent per month


    6
    What is BenefiX?

    7
    BenefiX Carrier Exchange Hub
    • Direct integration from Oracle HCM Cloud

    • Existing library of over 550 pre-built carrier specifications in production


    • USA and Canada

    • Will build to any requested carrier spec

    • Benefit plans supported


    • Medical
    • Dental
    • Vision
    • EAP (as well as other health and welfare plans)
    • Life & Disability (life insurance, LTD, STD, critical illness, etc.)
    • Spending plan enrollments – FSA, HSA, commuter plans, etc.
    • Wellness providers

    • Rigorous security ensures protection of client and employee data


    8
    What is BenefiX?
    BenefiX

    Carrier

    Oracle HCM Cloud


    Secure
    Data Extracts
    Carrier Employer
    Transmission*
    Specific File
    HCM Extract
    Format
    Benefits Extract
    COBRA Extract
    Dashboard

    *Encryption on all data – while in Summary


    motion and at rest Report
    9
    Why use BenefiX?

    10
    Why Use Benefix?

    • Rapid and easy implementation (15-30 days)

    • Eliminates user error

    • Clear fee schedule – no surprises

    • Scalable and flexible with large and growing carrier integration library

    • Can increase efficiency and replace 1 or more FTE

    • Built-in quality checks

    11
    New - BenefiX Dashboard

    12
    Dashboard Highlights

    • Intuitive view providing clear and easy oversight

    • Notifications

    • Feed Configurations

    • Run Dates

    • User Profiles

    13
    Intuitive Dashboard

    14
    Dashboard Demo

    15
    Client Testimonial – SI Group

    16
    Case Study

    Client since July 2015

    Fast Implementation

    Easy Changes

    Highly Efficient
    Matt Miron
    Responsive Team Manager – HR Technology
    SI Group
    Early Adopter of Dashboard

    17
    Q&A

    Responsive Team

    18

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