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.
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.