Simple Billing Solutions
Let’s be honest. Managing benefits billing is vitally important, but it’s one of your least favorite tasks. Aside from the fact that it taps valuable resources each month - managing multiple carrier bills, a variety of contribution schedules, complex coverage formulas, timely tracking of retro activity and then reconciling each coverage is painful.
Consolidated Invoicing and Billing Ready
BenXcel’s financial engine consolidates all of these processes and coverages into a single, automated, and accurate invoice that is reconciled to each coverage and carrier each month. The Billing Ready feature can generate reports, giving you solutions you can trust while saving your organization time and money.
Easily Close The Reporting Loop
BenXcel gives you the ability to reliably export automated election and deduction reports to keep your payroll system synchronized. Using your personalized report calendar, they arrive in the exact format you need at the exact time you need them.
Direct Billing
Including COBRA, Retirees, Leave of Absence (LOA), short & long term disability
Premium Billing
Premium billing and collection
Communication
Fulfillment services including enrollment materials, late notices, rate or benefit changes
Monitoring
Monitoring and tracking of all payments and user activities