Simplify Benefits Management with Our Insurance Benefits Module

Conrep’s HRMS Insurance Benefits Module simplifies managing employee insurance and retirement plans. It effortlessly tracks policies, automates premium calculations, and provides insights into benefit costs, all from one platform.

Easily track all your organization’s benefit policies, including Health, Dental, Vision, Life, 401K, Accidental Death & Dismemberment (AD&D), and more.
Maintain detailed records of each policy, ensuring you have all necessary information at your fingertips.
Associate policies with relevant documents for easy access and reference.

Simply update policy rates annually or whenever changes occur, and the system automatically handles the rest.
Ensure accurate employee deductions and seamless posting of benefit costs to payroll, eliminating manual calculations and potential errors.
Streamline your payroll process with integrated benefits management.

Generate insightful insurance policy bill auditing reports to estimate monthly benefit costs based on enrolled employees and their chosen plans.
Gain better control over your benefit expenses and identify potential discrepancies early.
Make informed decisions about your benefit offerings with clear cost projections.

Define contribution rules that align with your organization’s strategy, whether employee-oriented or employer-oriented.
Set contribution amounts as a fixed value per month or pay period, or as a percentage of the premium.
Accommodate various contribution structures to meet the diverse needs of your workforce.

Assign these classifications to corresponding employee groups, allowing for tailored benefit deductions based on role, employment type, or other criteria.
Ensure fair and accurate benefit deductions for all employees.

Track all details and associated documents for various insurance policies (Health, Dental, Vision, Life, 401K, AD&D, etc.).
Accurately track both Employer and Employee contributions for each benefit.
Seamlessly integrate benefit deductions and costs into payroll reports.
Incorporate benefit costs into Overhead cost calculations, Gross Margin analysis, and Commission reports for comprehensive financial insights.

Centralized Management: Manage all your insurance and retirement benefits in one integrated HRMS module.
Automation & Efficiency: Automate rate updates, premium calculations, and payroll deductions, saving time and reducing errors.
Cost Control: Utilize bill auditing reports to gain insights into benefit costs and identify potential savings.
Flexible Configurations: Define customized contribution rules and employee classifications to meet your organization’s unique needs.
Comprehensive Financial Integration: Seamlessly integrate benefit data with payroll and other financial reporting for a holistic view.

Simplify your benefits administration and gain better control over your insurance programs. Request a demo today!