What do we mean by “Benefits Reimagined” is Flexible & configurable?
At Benefits Reimagined, our core philosophy is to deliver the best benefits administration software in USA and best benefits administration software in Canada by fusing flexibility, intelligence, and automation into one platform. Whether you are streamlining enrollment, integrating payroll, or enabling OpenAI-powered carrier connectivity, our platform adapts to your organization’s needs while remaining easy to configure and extend.
- Benefits Reimagined is flexible, from plan configurations to creating separate templates for various “Enrollment Offers” and “Communication Templates.”
- Benefits Reimagined is designed to be configurable, offering customers flexibility in designing the look and feel of the system.
- This allows customers to modify the system that reflects the organization’s unique business needs but prevents changes from being made that will disrupt the business in the future when software upgrades are required.
- Because Benefits Reimagined is configurable, system updates are deployed in a fraction of the time and cost of a traditional legacy ERP system.
Extensible, but why should you care?
- Application extension empowers the customers to add their custom code/logic and enhance the application per the business needs and personal touch to the solution. Some examples would be Benefits Salary calculation, Salary cut-off logic, Length of Service calculation, Imputed Income calculations, custom plan configuration, custom screens, custom fields, and many more.
- The customer can either write Custom Logic in their sub-account level or re-use any custom code written & deployed in any Third-Party Cloud system.
- We have more than 35+ such extension possibilities in our application.
OpenAI-powered Carrier Integration
Benefits Reimagined is engineered for total configurability—from plan structures to dynamic templates for communication and enrollment. This is what sets us apart as the best benefits administration software in Canada.
OpenAI’s NLP models efficiently interpret the complex information in Carrier Companion Guides, packed with detailed instructions on data formats, field mappings, and transaction sets. The models are designed to understand data requirements and specifications thoroughly.
Extracting Relevant Information
The AI processes these guides to capture details such as field names, data types, and formatting rules. It identifies and categorizes various data components and their interrelations, including mapping values and fields between the Carrier Companion Guide and ANSI 834 files.
Generating Mapping Tables
OpenAI generates mapping tables from the extracted data that align values and fields between the Carrier Companion Guide and ANSI 834 files, ensuring accurate mappings through our business logic.
Automating Data Transformation Logic
Our system creates carrier-accepted format files and facilitates the smooth transfer of data between systems using various protocols, converting data as the companion guides require.
Integration with Benefits Reimagined
The mapping tables and transformation logic are integrated into the Benefits Reimagined Integration Platform, using custom code based on the AI-generated mappings to support efficient data exchanges.
Continuous L&I
OpenAI models continuously learn and improve, adapting to updates or new guides to maintain up-to-date and accurate mapping tables and ensure data integrity and accuracy in transformations.
Closed Loop Payroll
- The platform’s 360° payroll reconciliation automatically compares deductions sent and received—ensuring high accuracy, eliminating large corrections, and supporting real-time adjustments. This payroll synchronization underscores why we’re trusted as the best benefits administration software in USA.
- This ensures benefits administrator automatically recalibrates deductions with each subsequent payroll file.
- This helps prevent employees from large deductions, the employer and benefits administrator can create company-specific rules per-pay thresholds, and retroactive deductions are automatically prorated.
- An accounting-style payroll billing system that calculates payroll deductions based on the employee’s effective date of coverage and enrollment date.
- Prevent errors in employee benefits expenses.
- Interfaces with the payroll system to import payroll deductions and reconcile, calculating additional deductions and refunds when needed.
- Improve payroll accuracy & benefits process improvement.
- Avoids time spent on manual audits and interventions.
- Calculates retroactive deductions when an employee misses a paycheck because he or she enrolled late or submitted a late-life event.
- Define your payroll schedule, effective date windows, rules for retro deductions, adjustment thresholds, and more.
- Maintain employee confidence & support financial well-being.
Content Management System (CMS)
Our built-in Content Management System (CMS) lets HR teams personalize benefits content by location, role, or language—enhancing engagement with personalized HR solutions. With automation and analytics built-in, communication strategies can be measured, improved, and scaled. Here’s a streamlined overview of its key features:
Centralized Repository: Consolidates all Benefits content in one platform, ensuring easy access and uniform information distribution.
Customization Capabilities: Offers tools for personalizing content to meet diverse employee needs, increasing engagement and relevance.
Automated Processes: Streamlines content workflows with automation, facilitating quicker updates and consistent compliance.
Analytics Integration: Utilizes analytics to monitor content usage and effectiveness, optimizing content strategies.
Benefits Reimagined’s CMS is designed to manage content efficiently and enhance the overall employee experience by providing targeted, engaging, and up-to-date information.
Benefits Decision Support System
Benefits Reimagined’s Benefits Decision Support tool is an AI-powered feature that helps employees make benefits decisions by providing personalized recommendations and educational information. This tool considers factors like an employee’s age, job role, family status, salary, healthcare needs, and location to create a list of benefits that are best suited for them.
The Benefits Decision Support System (DSS) helps employees make smarter, more informed choices using AI-driven recommendations tailored to their unique profiles. This is more than just support—it’s intelligent benefits technology designed to improve the employee experience.
Decision support systems (DSS) can help businesses in many ways, including:
- Making workflow more efficient: By reducing the time it takes to make crucial decisions, DSS can streamline processes and help businesses accomplish more tasks in a shift.
- Improving planning and management: DSS can help improve planning and increase management success.
- Determining potential outcomes: DSS can help professionals understand the potential effects of their decisions.
- Automating managerial processes: DSS can automate monotonous managerial processes, freeing up managers to spend more time on decision-making.
- Improving interpersonal communication: DSS can improve communication within an organization.
Benefits Reimagined’s DSS can be categorized based on their primary sources of information, including Data-driven DSS, Model-driven DSS, Communication-driven and group DSS, Knowledge-driven DSS, and Document-driven DSS.
Why BTP?
SAP Business Technology Platform (SAP BTP)
offers a broad array of tools and capabilities to enhance Benefits Reimagined’s operations via digital transformation. It integrates diverse technologies such as database management, AI, and app development into a single platform. This unified approach allows Renew HR to innovate rapidly by leveraging existing resources and new technologies without significant new infrastructure investments.
Here’s a summary of how Benefits Reimagined, built on the SAP Business Technology Platform (SAP BTP), leverages the platform’s capabilities:
Seamless Integration
Facilitates smooth connections with SAP and non-SAP systems, integrating effortlessly into existing enterprise environments.
Real-Time Analytics
Utilizes SAP BTP’s data management tools to provide instantaneous insights, aiding quick and informed decision-making in Benefits functions like Chatbot, Plan selection wizard, and Intelligent Service delivery
Enhanced Security and Compliance
Ensures sensitive HR & Benefits data is handled with strict adherence to security and governance standards, maintaining data integrity and aligning with global compliance requirements.
Robust Infrastructure
Benefits Reimagined from SAP BTP’s enterprise-grade platform, which supports extensive customization and scaling without compromising system stability or performance.
This structured use of SAP BTP enables Benefits Reimagined to deliver a versatile, powerful, and secure HR solution, addressing the complex needs of modern businesses.
Unified Core Vs. Apps using multiple APIs
Integrating AI and Elasticsearch into business applications is crucial for success in a data-driven environment, and a unified core codebase is critical. This unified approach enhances performance, simplifies development, provides a cohesive user experience, streamlines data management, and improves security.
In contrast, applications using multiple APIs face latency, complex maintenance, inconsistent user experiences, and increased security risks. Ultimately, choosing between a unified core and an API-driven architecture depends on the application’s specific needs and goals. Investing in a robust core is essential for effectively leveraging technology and fostering innovation and growth in the digital age.
High level of Automation with Intelligent Services
Automation
Automates processes through built-in integrations and cross-module communication, saving additional effort in designing the rules.
Prediction
It generates intuitive notifications and alerts that prompt users to assist in faster decision-making.
Monitoring
The ISC tool allows customers to monitor and track all events generated, and admins have the flexibility to manage to turn on/off any notifications.
Custom integration with Benefits Reimagined
As all events are subscribed to by Benefits Reimagined applications, with the integration of the Intelligent Services Center and Integration Center, outbound and inbound integrations are built and managed by Benefits Reimagined. Our real-time integration with SuccessFactors picks up all changes through Intelligent Services e.g., an New Hire gets his or her enrollment notifications immediately as soon as HR Administrators create the new Hire record inside Employee Center.
Upgrade path
SAP SuccessFactors continues to enhance the list of available events and subscribers so that in the future, Benefits Reimagined can bring in more intimate integrations for various customers if needed.