SAP Benefits Administration
Filter By
Browse By
- SAP Analytics and AI
- SAP Application Development and Integration
- All SAP Application Development and Integration
- SAP ABAP
- SAP ABAP Development Tools
- SAP ABAP Test Cockpit
- SAP API Management
- SAP BAPI
- SAP Basis
- SAP BRF
- SAP Business Application Studio
- SAP CMS
- SAP Design Studio
- SAP Development Tools
- SAP DevOps
- SAP EAI
- SAP EDI
- SAP Extension Suite
- SAP Fiori
- SAP Fiori Elements
- SAP Integration Suite
- SAP Low Code Application Development
- SAP Low Code Automation
- SAP Netweaver
- SAP Release Management
- SAP UI5
- SAP Web Application Server
- SAP Web IDE
- SAP Business Process Management
- SAP Center of Excellence
- SAP CIO
- SAP Customer Experience
- SAP Data and Data Management
- All SAP Data and Data Management
- SAP BW
- SAP BW/4HANA
- SAP Crystal Reports
- SAP Data Archiving
- SAP Data Center
- SAP Data Governance
- SAP Data Integration
- SAP Data Migration
- SAP Data Quality
- SAP Data Services
- SAP Data Strategy
- SAP Data Visualization
- SAP Data Warehouse Cloud
- SAP DMS
- SAP Document Control
- SAP EIM
- SAP ETL
- SAP ETL Tools
- SAP HANA
- SAP HANA Administration
- SAP HANA Deployment Infrastructure
- SAP HANA Studio
- SAP Master Data
- SAP Master Data Governance
- SAP MDM
- SAP Enterprise Architect
- SAP Enterprise Asset Management
- SAP ERP
- SAP Finance
- All SAP Finance
- SAP Accounting
- SAP AR AP
- SAP Asset Accounting
- SAP Billing Systems
- SAP BPC
- SAP BRIM
- SAP Cash Management
- SAP Central Finance
- SAP Controlling
- SAP COPA
- SAP Cost Center Accounting
- SAP e-invoicing
- SAP FICO
- SAP Finance Automation
- SAP Financial Closing Cockpit
- SAP Financial Consolidation
- SAP Financial Planning
- SAP FX Risk
- SAP General Ledger
- SAP Global Tax Management
- SAP Hyperion
- SAP Order to Cash
- SAP Payment Processing
- SAP Profitability Analysis
- SAP Rebate Management
- SAP S/4HANA Finance
- SAP Universal Journal
- SAP Governance Risk and Compliance
- SAP Human Capital Management
- SAP Intelligent Technologies
- SAP Platform and Technology
- All SAP Platform and Technology
- SAP Business Technology Platform
- SAP Cloud Connector
- SAP Cloud Integration Platform
- SAP Cloud Migration
- SAP Cloud Platform
- SAP Cloud Providers
- SAP Cloud Strategy
- SAP Container Platform
- SAP Digital Asset Management
- SAP Digital Integration Hub
- SAP Digital Signature
- SAP HANA Enterprise Cloud
- SAP HEC
- SAP Hyperscalers
- SAP Infrastructure
- SAP Messaging
- SAP Smart Forms
- SAP Quality and Testing
- SAP Security
- SAP Spend Management
- SAP Supply Chain Management
- All SAP Supply Chain Management
- SAP APO
- SAP Asset Management
- SAP Business Network
- SAP Digital Manufacturing Cloud
- SAP Digital Twin
- SAP EWM
- SAP IBP
- SAP Inventory Management
- SAP Label Printing
- SAP Logistics
- SAP Manufacturing
- SAP Manufacturing Automation
- SAP MES
- SAP MII
- SAP MM
- SAP MRO
- SAP MRP
- SAP Order Management
- SAP Plant Maintenance
- SAP PLM
- SAP Production Planning
- SAP S&OP
- SAP SD
- SAP SPM
- SAP Supply Chain Planning
- SAP Track and Trace
- SAP Transportation Management
- SAP System Administration
SAP Benefits Administration: An Overview and Key Considerations
Benefits are a crucial part of overall employee compensation. Companies spend a lot of time figuring out the balance of benefits that ensure they are attractive enough to bring in and retain talent. To ensure the employees can access those benefits, administration is required. This can be a difficult practice if done manually, and many organizations have turned to technology to help streamline the benefit administration process. SAP doesn’t develop its own benefits administration software, but it does sell a Benefitfocus tool under the SAP Benefits Administration branding.
SAP Benefits Administration: An Overview and Key Considerations
Benefits are a crucial part of overall employee compensation. Companies spend a lot of time figuring out the balance of benefits that ensure they are attractive enough to bring in and retain talent. To ensure the employees can access those benefits, administration is required. This can be a difficult practice if done manually, and many organizations have turned to technology to help streamline the benefit administration process. SAP doesn’t develop its own benefits administration software, but it does sell a Benefitfocus tool under the SAP Benefits Administration branding.
Administrating benefits is more crucial in the United States because of the much higher occurrence of employer-provided health insurance vs. other countries. Because of that, many benefits administration tools are designed specifically for organizations in the United States.
Benefits administration solutions will typically help digitize and automate processes and documents for the following benefits:
- Health insurance and related benefits
- Disability and life insurance
- Paid Time Off (Vacation, holidays, service days)
- Leave (Sick/Parental/Bereavement)
- Retirement accounts
- Wellness plans
- Rewards and recognition
There are now benefit administration offerings for enterprises large, medium, and small. Beyond SAP’s branded offering, Human Capital Management (HCM) vendors such as Alight Solutions offer benefit administration solutions that integrate with SAP. Other companies that are focused on SAP SuccessFactors services, such as Rizing, can help companies implement benefit administration tools. There are also companies that provide more specific tools—Phenom offers a platform designed for administering rewards and recognition.
Key Considerations for SAP Benefits Administration
- Employee satisfaction should be a priority for companies that want to retain their top talent. Benefits are a part of that, but so are experiences. Employees don’t want to have to work to use their benefits, and the best companies are focused providing positive employee HR experiences. In our recent HR technology research,the top performing companies were 15% more likely to promote employee satisfaction through better experiences.
- Benefit administration tools typically provide self-service functionality. For example, and employee can request time off and a manager can approve it without any HR intervention. Employee and manager self-service can reduce busywork for HR teams.
- Along with self-service, automation is key to extending the effectiveness of your HR employees. Benefits administration tools can help automate benefit enrollment processes, automate tracking leave balances, and more. This leads to less manual work for HR practitioners, less steps for errors to be made, and easier reporting.
11 results
-
Strategies to Transform Benefits Administration
Reading time: 5 mins
Companies struggle with benefits administration, scoring only 55/100 in satisfaction, leading to potential employee turnover; however, experts from PlanSource emphasize the importance of user-friendly processes, effective integration, and leveraging AI to streamline management and improve employee engagement.
-
Making the Most of Open Enrollment Season with PlanSource
Reading time: 3 mins
While enrolling in benefits is a vital process, many employees dread going through open enrollment. The terminology can be confusing, and people are concerned about overlooking important details that could cost them down the road. HR teams should do everything in their power to make sure that the process is simple, straightforward, and stress free.…
-
PlanSource Highlights how Benefits Bolster Company Culture
Reading time: 2 mins
SAP organizations are always on the lookout for new and advanced solutions like AI and automation. To implement these capabilities, companies need skilled and experienced talent. Yet SAPinsider research has shown that a lack of skills is a major impediment to adopting advanced technologies. To attract these skilled workers and plug any talent gaps, organizations…
-
-
State of the Market on Benefits Administration and How to Transform
October 23, 2024
SAPinsider research reveals that while customers generally feel mid-level satisfaction with benefits administration—an essential HR process—many organizations fail to allocate adequate resources for its improvement, despite its critical role in enhancing employee satisfaction.
-
How PlanSource Empowers HR Professionals with Integrations
Reading time: 2 mins
Employees often struggle to find the right benefits that meet their needs and the needs of their families. Discrepancies, problems with timing, and administrative burdens can detract from the benefits experience that many organizations have. Organizations must find solutions to deliver a modern and streamlined benefit experience in order to ensure positive employee experiences. To…
-
Benefits Trends Report
Reading time: 1 mins
The Benefit Trends Report by PlanSource.com urges HR leaders to focus on cost-containment, employee engagement, and evolving needs. It emphasizes investing in preventative care, combating burnout with employee assistance programs, and offering personalized benefits. Financial wellness, family leave, and flexible work policies are highlighted as crucial. Membership Required You must be a member to access…
-
Southern Glazer’s Wine And Spirits
Reading time: 2 mins
Southern Wine and Spirits was founded in 1968 in Florida by Jay W. Weiss, Harvey R. Chaplin, and Howard Preuss, and is headquartered in Miami. The company expanded from Florida to California in 1969 and then nationally in subsequent years.
-
-
Bolstering Benefits Administration Through PlanSource’s Reseller Program
Reading time: 2 mins
According to recent findings from SAPinsider’s AI & Automation in Finance Benchmark Report, a lack of skills has affected more than half of SAP organizations. This means that companies are unable to implement AI, automation, and other advanced tools simply because they do not have the right talent on their team, potentially putting them well…
-
Going Beyond Traditional Benefits Administration with PlanSource
Reading time: 2 mins
Human Resources departments play a crucial role in closing the talent gap by attracting skilled employees. Organizations should prioritize solutions that offer positive user experiences, simplicity, and encourage engagement. Unfortunately, traditional benefits administration often falls short. Companies often fail to communicate their benefits adequately, or struggle to adjust benefits as employee needs evolve.
-
- SAP Benefits Administration
- Premium
HR: Case study: How Northern Kentucky University is enhancing benefits enrollment with ESS and enhancement package 6
Reading time: 1 mins
Learn how enhancement package 6 affects employee experience in employee self-service (ESS). Learn firsthand how Northern Kentucky University Improved upon the functionality delivered with enhancement package 6 for ESS benefits enrollment to make it easier for their employees to enroll in benefits. HR2017_Westlund_Casestudyhownorthernkentucky Theresa Westlund If you have comments about this article or publication, or...…
Featured Insiders
-
Marc Auro
Managing Director, CUVIV UK
Become a Member
Unlimited access to thousands of resources for SAP-specific expertise that can only be found here.
Become a Partner
Access exclusive SAP insights, expert marketing strategies, and high-value services including research reports, webinars, and buyers' guides, all designed to boost your campaign ROI by up to 50% within the SAP ecosystem.
Upcoming Events
Related Vendors
Your request has been successfully sent