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Description
There is a limitless variety of payment types available, such as regular, hourly, salary, and overtime rates, with effective start and end dates for each pay rate. Payment structures can be configured to adhere to specific limits based on pay periods and year-to-date (YTD) calculations. Each employee can have an unlimited number of deductions applied, with the flexibility to set their frequency as monthly, annually, per pay period, or quarterly, while also adhering to limits based on pay periods, YTD, and lifetime deductions (LTD). The system is capable of calculating and collecting any arrears owed. Additionally, direct deposit options can be utilized for any deductions made. Retirement plans, including employer-sponsored 401K and 403B options, are fully supported, along with compliance for all federal, state, and local taxes, including Social Security and Medicare deductions. Furthermore, calculations for FUTA and state unemployment taxes are systematically managed. The platform features a table-driven definition for tracking entitlement accruals for vacation days, holidays, floaters, and other approved leaves, with automatic enrollment for employees based on qualifications determined by seniority or hire date. An extensive audit trail is maintained for all accrued benefits and the time taken related to LTD. The setup for all benefit plans, including medical, dental, and insurance, is also table-driven, ensuring that employer-paid benefits are automatically calculated and accurately reflected. This comprehensive approach ensures that both employees and employers have a clear understanding of their financial obligations and entitlements.
Description
Offering a practical and user-friendly solution, Vital Objects (VO) assists large-scale insurance companies in optimizing the management of both traditional and flexible benefit group programs. Discover an array of interactive and intuitive features designed for ease of use. With Vital Objects, you can manage benefits seamlessly, while its advanced billing system efficiently handles even the most complex calculations. It ensures precise adjustments for retroactive member premiums, taking into account historical rates, plan details, billing records, payroll deductions, tax obligations, and taxable benefits. Its innovative scheduling tool for monthly billing combined with real-time updates enhances the efficiency of billing processes and premium collection. The platform accommodates custom fields and provides ad-hoc reporting capabilities, along with a comprehensive audit trail for transparency. Additionally, it supports flexible member enrollment, maintenance of benefit plans, and includes a self-service administration module to further simplify the experience. By leveraging these capabilities, insurance companies can significantly improve their operational efficiency and service delivery.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$7.00/month/user
Free Trial
No
Free Version
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
EmpowerFinancials
Country
United States
Website
www.empowerfin.com
Vendor Details
Company Name
Computer Workware
Founded
1984
Country
Canada
Website
www.computerworkware.com/VitalObjects
Product Features
Payroll
401(k) Tracking
Yes
Attendance Management
No
Benefits Management
Yes
Check Printing
Yes
Compensation Management
No
Deductions Management
Yes
Direct Deposit
Yes
Multi-Country
No
Multi-State
No
Reporting/Analytics
Yes
Self Service Portal
No
Tax Compliance
No
Vacation / Leave Tracking
No
W-2 and 1099 Preparation
Yes
Wage Garnishment
No
Product Features
Benefits Administration
COBRA Administration
Yes
Claims Management
No
Deduction Management
Yes
Disability Insurance Administration
Yes
Employee Benefits Administration
Yes
FMLA Administration
No
FSA Administration
Yes
Flexible Spending Accounts
No
For Brokers
Yes
For Employers
Yes
HIPAA Compliant
No
Health Insurance Administration
Yes
Life Insurance Administration
Yes
Online Benefits Enrollment
Yes
Premium Billing
No
Provider Management
No
Retiree Administration
Yes
Retirement Plan Management
No
