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Large Group Employer Benefits from High-Volume, End-to-End Enrollment Platform

A person is connecting a puzzle piece that says Employee to a puzzle piece that says Benefits
Challenge

A large group employer was relying on several benefit administration platforms and multiple third-party brokers to manage their employee benefit programs. This resulted in service inconsistencies and high overall administrative costs that the company was eager to reduce. The company was in need of a consolidated and streamlined benefits administration solution.

The customer needed a solution that could handle high enrollment volume spikes, as well as manage Dual Enrollment (new hires and Open Enrollment, both active and passive). The customer also needed to allow for those enrolled in an HDHP to change their HSA contribution election in real time. They were relying on many manual processes, including EOI for life and disability plans and QLE for mid-year enrollments. Recording and maintaining beneficiary updates was also adding to the administrative strain.

The company could not configure its plan and rate change schedule, leading to a dependency on third-party brokers. Turnaround times were also being hurt by the company’s process of sending 834 EDI files to respective payers via a clearing house, which delayed activating and terminating coverage. These delays led to poor employee relations and COBRA compliance issues.

 

Solution

Exela’s Spring Benefits Administration is a customizable and automated end-to-end enrollment solution that provides:

  • - Data migration from the current benefit administration systems to the Spring Platform 
  • - Payroll, HR census, carrier, and IRS integration with Spring data
  • - Capability of configuring plans and rates manually, directly into Spring
  • - Passive enrollment configuration for plans that remain unchanged
  • - Employer and carrier onboarding – 2 to 4 weeks based on the number of plans and carriers
  • - Enrollment follow-up communication and enrollment assistance
  • - Call center support

 

Benefits
  • - Reduced administrative work
  • - 24/7 access 
  • - Faster enrollment process
  • - ACA and state required reporting
  • - Indirect cost savings through reduced call volumes and paperwork
  • - Reduced third-party and broker dependency
  • - Increase in member satisfaction
  • - Highly scalable to meet evolving business needs
  • - Mobile compatible for best user experience
  • - Billing and reconciliation reports
  • - iCRM Chat support
  • - Open Enrollment dashboard

 

Discover What Exela's Spring Platform, Part of Our Human Capital Management Solutions, Can Do For You

5 Benefits of Business Process Automation for Recruitment and HR

Close up image of keyboard and mouse with a person using the mouse and icons hovering above the keyboard
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Niharika Sharma
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Human resources (HR) and recruitment are currently hot topics for business leaders. With the new year right around the corner, everyone is rethinking and evaluating their processes. Companies are keen on hiring the right talent and always considering how they can optimize their resources.

Recruitment and onboarding are often tedious and time-consuming processes that heavily rely on paperwork and undergo multiple touchpoints. Implementing automation can significantly benefit HR and recruitment. For example, manual practices, such as posting job openings or taking new employees through company policies - can be automated for efficiency.

 

Business Process Automation: bird's eye view of people in business attire working on laptops at a table with icons floating above them

 

Business process automation (BPA) can cover various operational areas, from hiring to budget approvals and sales and marketing. Let’s look at 5 key processes closely tied to HR and recruitment that require automation.

1. Recruitment and Hiring Tools

HR needs to be empowered with tools that can automate the collection and analysis of applicant information. These include tools for determining salary structures, applicant tracking systems, accepting or rejecting applicants based on specific criteria and so on. Automating these processes will help free up time for your HR team to concentrate on rather critical tasks.

2. Employee Portal

Accessible, user-friendly employee portals give company staff visibility and access to important information.
Employees can systematically request time off, track their absences, view upcoming holidays, and more. It makes managers' lives easy by offering a clear picture of their resources. In addition, having real-time access to important information can help avoid the unnecessary exchange of emails.

3. Payroll and Benefits Platform

Payroll can be a burdensome and time-consuming manual process for HR teams. Calculating numbers manually is not just time-consuming but also leaves room for errors.
Automating payroll improves paycheck accuracy and scheduling. It can quickly tally employee records and calculate benefits while freeing time for HR. In addition, employee benefits tools can track and manage promotions, bonuses, compensations and healthcare benefits.

4. Performance Evaluation and Training

Automating performance evaluation enables feedback tracking and quick performance review reports. In addition, the system further collects this data for future use. These tools can also include features to identify turnover trends and low-performance issues. In addition, you can manage training opportunities, track employee competencies and monitor learning progress.

Performance evaluation and training greatly benefits managers and positively impacts the company's overall performance.

5.Data Management and Analytics Tools

Analytics tools can analyze data sets and find patterns or trends to aid decision-making. For HR, having access to information is a requirement. Sophisticated data management tools include data collection, detailed reports, and data visualization for informed decision-making.

 

Business Process Automation: Person working on computer with human resources dashboard on screen

 

5 Benefits of Business Process Automation for Recruitment and HR

  • Less waste and cost saving - implementing automation helps HR departments control paper usage, reduce printing costs, and more.
  • Transparency and consistency - automating workflows may improve transparency and clarify roles among staff and employees. For businesses with several locations, automated processes can create consistent HR practices throughout the company’s geography.
  • Faster turnaround and fewer errors - Automation can significantly improve turnaround. It allows tasks to be completed simultaneously. BPA optimizes the flow of information and automates repetitive tasks. Another key benefit of BPA is that it helps to significantly reduce human error. It provides computer-aided data to check for logical errors, leading to reduced human error.
  • Data-driven decision-making - tracking data across HR functions allows companies to analyze operations better. Systematically published reports reflect trends and help find patterns that can easily be overlooked otherwise.
  • Increased productivity with better resource allocation - HR departments can spend more time on complex tasks by automating repetitive and tedious processes. Employees can also spend less time on routine HR processes, such as requesting time off.

These are just a few processes that should be automated, but the list could go on, and the same goes for the benefits. As per a report from SalesForce, 18% of IT leaders suggested that the highest ROI from automation occurs in the HR department.


Exela's decades of experience and expertise in implementing BPA have helped numerous businesses gain a competitive edge. Learn more about our HR solutions or get in touch, and one of our experts can answer your questions.

Retailer Uses Digitization to Transform Human Resources

Retailer Uses Digitization to Transform Human Resources

How one national retailer’s growth strained the HR department before Exela helped them  digitize.

Challenge

A nationwide retail organization’s expansion and workforce growth placed a huge strain on their internal Human Resources department’s ability to maintain a sufficient level of efficiency and quality of service. Managing and storing paper-based records presented a daunting task as the number of storefronts continued to increase. In particular, they were having difficulty with ongoing recertification of expiring employee documents and the ability to generate timely reporting for auditors.

Solution

Exela’s solution was to digitize all existing employee records, and to implement entirely digital onboarding and record-keeping procedures. This solution included a customized onboarding workflow for new hires, added system functionality that addressed the tracking and management of expiring documentation, and dynamic dashboarding capabilities for Human Resources managers.

Benefits
  • - Unified and centralized employee records and associated documents

  • - Instant online access to all corporate documentation

  • - Improved compliance and legal oversight

  • - Rapid information retrieval capabilities

  • - Greatly simplified auditing workflows

  • - Eco-friendly solution that supports the company’s “green” initiatives

Discover What Exela's HR Solutions Can Do For You

Optimize Your HR Department with Human Capital Management Solutions

Optimize Your HR Department with Human Capital Management Solutions

Find the right solutions that help you acquire and develop top talent

Exela’s Human Capital Management solution provide tools that help recruiters and hiring managers better control hiring and the employee development process. Our Recruit-to-Retire platform provides a robust end-to-end employee management solution that assists with tasks including applicant tracking, employee development, and performance management.

Our solution streamlines everything from job posting and interviewing, to sending offer letters, onboarding new hires, and managing training and certification - all from a single, convenient web and mobile platform.

Exela Applicant Tracking
Exela Applicant Tracking

Our Exela Applicant Tracking software offers compliant background checks, covering education, employment verifications, drug tests, and criminal checks. Plus, it securely stores all new hire documents in line with your company’s retention requirements, ensuring a smooth, compliant hiring process. Streamline recruitment and onboarding with Exela’s Applicant Tracking.

Lynx Learning & Development
Lynx Learning & Development

Our intuitive learning management system, Lynx, allows professionals to easily design and manage courses, quizzes, and tests. With features like learning paths, analytics, gamification, and more, Lynx ensures impactful learning while keeping the experience engaging.

Exela Assessment
Exela Assessment

Our talent assessment system, Exela Assessment, offers an advanced platform for evaluating candidates’ expertise and aptitudes with precision. Our system ensures consistent, accurate evaluations for any role, making initial interview rounds unnecessary. With automation minimizing errors, our platform is tailored to the demands of modern recruitment.

Anonymous Reporting & Surveys
Anonymous Reporting & Surveys

SpeakUP and Reachout, Exela’s Anonymous Reporting and Surveys platforms, allow employees to easily report unwelcome behavior anonymously. This tool champions a safe workplace and showcases your dedication to employee well-being. Use our tools to create a workplace where everyone feels safe, valued, and heard.

Spring Benefits Administration
Spring Benefits Administration

Exela’s Spring Benefits Management software is a cloud-based SaaS that simplifies the benefits enrollment process for all stakeholders, from members to Third-Party Administrators. The platform offers a self-service model that reduces administrative tasks while enhancing communication. With features like automated email alerts and easy report downloads, users can effortlessly manage and control their benefits.

Organization Mapping
Organization Mapping

Simplify the complexities of your enterprise using Exela’s Org Viewer. Visualize the structure of your enterprise dynamically, with real-time updates reflecting changes in roles, departments, and hierarchies. Our tool creates an interactive map of your organization, allowing you to grasp relationships and dependencies quickly. This solution is the key to seeing your organization’s full picture and driving it toward success.

Overview Title
Human Capital Management Solutions Overview

Optimizing the Office with an Intelligent Workplace

Optimizing the Office with an Intelligent Workplace
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Sushil
Hashtag(s)

There's no doubt that technology has and continues to alter the work environment in both small and large ways, creating, what we call today, an intelligent workplace. While technology can be implemented in a variety of ways within the business, one very important area to focus on is the workplace itself and how employees interact with it. People use technology to keep themselves productive, remind themselves of appointments, and do other various tasks from deciding what to have for dinner to helping them improve their mental health.

With this in mind, it's ideal to create an intelligent workplace that offers employees the same conveniences through technology that they’re accustomed to outside of the workplace. It's also imperative to take a critical look at how useful the various applications and devices are and how they work together. For example, using a variety of different programs that fail to connect to one another or that may be used by some members of the team but not others could cause confusion and take even more time away from employees as they navigate through the diverse technologies that are provided.

How Would You Describe an Intelligent Workplace?

Whether discussing a virtual workplace or a physical one, technology remains an integral part of it to the point where employees rely on different technologies to complete their work. While technology is necessary for an intelligent workplace, not every business that implements technology has an intelligent workplace.

An intelligent workplace optimizes diverse technologies to increase employee productivity, promote employee collaboration, and enhance employee experience typically using artificial intelligence (AI), the Internet of Things (IoT), and other business automation tools. Essentially, an intelligent office is meant to simplify and connect, creating a seamless work environment regardless of whether employees are working on site, working remotely, or working in a hybrid environment.

Optimizing the Office with Intelligent Technology 

When considering ways to optimize the office, ask what could increase employee productivity and enhance employee experiences. These answers are major keys to creating an intelligent workplace. If the technology you're considering is simply another program to increase productivity when you already have two productivity applications, then the office is not optimized and the employees may become confused as to how to use these multiple applications effectively.

Intelligent Workplace

One important tip to remember to create an optimized intelligent workplace is to ensure that any technology implemented can connect with other technologies that are being used. For example, having a communication channel that can connect to a scheduling program is often very useful among employees.

Below is a list of different areas to focus on and different technologies to implement that can optimize the work environment and turn it into an intelligent workplace.

Document Management System

As the cost of paper rises, many companies are transitioning to digital documents which is a great first step in digital transformation. Digital documents are more secure, take up no physical space, and are easier to share. Some companies choose to use high-speed scanners in-house to digitize their documents or outsource to a document digitization service.

However, optimizing the workplace requires more innovation than just digitizing documents - companies need a digital repository to house them. With a document management system, employees can easily organize, retrieve, search for, and share documents. Management can also assign clearance to certain employees to keep classified documents secure.

A fundamental step for an intelligent office, a document management system cuts down on paper usage, makes document sharing easy, and makes finding documents faster and more efficient.

Work From Anywhere (WFA) Solutions

With more employees working remotely, whether fully remote or in a hybrid environment, a lack of workplace innovation often creates a barrier to remaining productive off-site. It's estimated that by 2024 81% of business leadersbelieve the hybrid strategy will be the default working model with 56% of work being done off-site.

Despite this projection, only 28% of businesses have implemented a clear hybrid strategy. In order to ensure collaboration and efficiency in a remote world, businesses need to execute strategies for employees working off-site. This includes building a remote culture, using different applications and technologies to enhance workflows, and staying in tune with employee needs.

Workflow Improvements

Information and tasks are frequently scattered across different applications and systems, creating a complex and confusing situation for employees. Between project management systems, calendars, and other platforms, employees may find they are consistently switching between applications without a seamless connection between them.

Digital transformation and technologies including cloud storage, augmented analytics, and business automation benefit workflows greatly. An optimized workflow determines how efficient your intelligent workplace is. Using a critical eye is necessary to determine where improvements can be made to increase workflow efficiency.

Intelligent Workplace image2

Conclusion - The Workplace is Evolving

An intelligent workplace is not meant to be built and forgotten, but rather something that is constantly evolving as technology and the needs of employees evolve. In order to thrive, organizations need to find and execute innovative ways to encourage creativity, productivity, efficiency, and collaboration in the workplace. Creating an environment where employees feel engaged and satisfied is a key goal of an intelligent workplace.

With Exela’s digital transformation services, organizations can discover innovative ways to optimize and implement workplace technology. Each organization has its own needs which is why Exela offers various solutions and services to meet any requirements.