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February 8, 2016

2/08/2016 06:07:00 PM
Benefits to Payroll


Oracle Benefits to Payroll
Oracle Benefits to Payroll

Administer Employee Benefits
Employees receive benefits information to evaluate benefit plan offerings for annual open enrollment.
Employees review their current benefits before making new annual elections.
Determine Participant Eligibility
Benefit eligibility modeling is performed to evaluate various benefit choices and costs to employee based on eligibility.
Manage Benefits Enrollment
Manage benefits for new enrollments and open enrollment.
Administer Third Party Vendor Relationships
Extract new and changed employee benefit enrollment information for submission to the Benefit Providers.
Administer Flex Spending Accounts (US Only)
FSA accounts are maintained for employee health care and dependent care reimbursement requests.
Post to Payroll
Processed enrollments and benefit payments have been posted to the payroll for processing in the designated pay run.