Best Benefits Administration Software
Best benefits administration software includes Keka, Qandle, HRMantra, greytHR, and BambooHR. Such a benefits administration system allows users to observe business expenses into employee welfare, create benefits programs for new workers, and liaise with suppliers that provide retirement and insurance benefits.
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Most Popular Benefits Administration Software
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List of 20 Best Benefits Administration Software
Contenders | 2025
Product Description
Paycor’s HR software modernizes every aspect of people management, from managing labor costs, scheduling, and performance reviews to recruiting, retention, and learning. Paycor saves leaders time and gives them the powerful analytics they need to build winning teams. Read More About Paycor
Paycor Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Customizable Workflows
- Talent Management
- Performance Management
- Hr Analytics And Reporting
- Mobile Access
- Employee Scheduling
- Employee Self Service
- Payroll Management
- View all Features
Paycor Features and Usability-Based User Satisfaction Score
Best Payroll Software
Product Description
Oyster Payroll is an intuitive software designed to streamline payroll processes, ensuring accuracy and compliance. Its user-friendly interface, automated calculations, and global reach make managing employee payments effortless, saving time and reducing errors for businesses of all sizes. Read More About Oyster Payroll
Oyster Payroll Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Employee Self Service Portal
- Employee Document Management
- Multi Currency Support
- Customizable Reports
- Time And Attendance Tracking
- Leave Management
- Mobile Access
- Data Security
- View all Features
Contenders | 2025
Product Description
Multiplier provides a hassle-free platform that empowers companies to seamlessly operate and manage international payroll for their global workforce with utmost precision. Effortlessly onboard employees in any country within minutes, while efficiently overseeing the entire payroll process, ensuring compliance with labor laws, and effectively managing... Read More About Multiplier
Multiplier Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Benefits Administration
- Customizable Reporting
- Performance Management
- Customizable Pay Schedules
- Document Management
- Garnishment Management
- Payroll Analytics
- Compliance Management
- View all Features
Multiplier Features and Usability-Based User Satisfaction Score
Contenders | 2025
Product Description
Papaya Global is a comprehensive payroll and workforce management solution, offering seamless automation, compliance assurance, and real-time analytics. It simplifies global payroll processes, ensuring accuracy and efficiency, while enhancing user experience with its intuitive interface and robust support system. Read More About Papaya Global
Papaya Global Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Tax Filing
- Offboarding
- Mobile Access
- Benefits Administration
- Leave Management
- Integration With Hr Systems
- Global Payroll
- Analytics And Insights
- View all Features
Papaya Global Features and Usability-Based User Satisfaction Score
Category Champions | 2025
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All-in-one, fully configurable benefits administration software
Product Description
With 36 apps covering all business requirements across core HR, talent management, payroll, and business expenses, Qandle is highly secure, future-ready software that can be an excellent benefit administration solution. Read More About Qandle
Qandle Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Compliance Management
- Mobile App
- Employee Self Service
- Training Management
- Employee Engagement
- Document Management
- Employee Database
- Shift Management
- View all Features
Foundation
$ 1
Employee/Month
Regular
$ 1
Employee/Month
Plus
$ 1
Employee/Month
Premium
$ 2
Employee/Month
Qandle Features and Usability-Based User Satisfaction Score
Category Champions | 2025
Employee experience platform for employee-centric companies
Product Description
An HR, payroll, and talent management solution for employee-centric companies, Keka is not just a great benefits administration platform but also a comprehensive solution that will help you process payroll, manage, nurture, and acquire talent. Read More About Keka
Keka Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Document Management
- Asset Management
- Employee Database Management
- Timesheet Management
- Shift Management
- Employee Engagement
- Employee Self Service
- Recruitment Management
- View all Features
Foundation
$ 139
Per Month
Strength
$ 181
Per Month
Growth
$ 222
Per Month
Keka Features and Usability-Based User Satisfaction Score
Category Champions | 2025
Product Description
factoHR is an award-winning, best HR platform trusted by over 3,500 companies and 2.6 million employees, including Tata Steel BSL, DENSO, Cycle Agarbatti, BSE, Murugappa, and many others, who have improved their productivity by more than 70%. Read More About factoHR
factoHR Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Exit Management
- Leave Management
- Employee Database
- Compliance Management
- Document Management
- Expense Management
- Employee Self Service
- Shift Management
- View all Features
factoHR Features and Usability-Based User Satisfaction Score
Category Champions | 2025
Let’s you focus on people, not processes
Product Description
What makes BambooHR an excellent option for a benefits management system is that it is HR software that can automate operational tasks, freeing up the HR team to perform big-picture projects instead. Read More About BambooHR
BambooHR Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Reporting And Analytics
- Interview Scheduling
- Document Storage
- Training Management
- Benefits Administration
- Goal Tracking
- Onboarding
- Performance Management
- View all Features
BambooHR Features and Usability-Based User Satisfaction Score
Contenders | 2025
Product Description
Bob is a people management platform for fast-growing companies. It is designed to attract, excite, and retain talent through data-driven HR tools and, therefore, makes an excellent employee benefits administration software. Read More About Hibob
Hibob Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Task Management
- Mobile App
- Payroll Integration
- Performance Management
- Surveys And Feedback
- Hr Analytics And Reporting
- Document Management
- Compensation Management
- View all Features
Hibob Features and Usability-Based User Satisfaction Score
Making employee benefits streamlined and centralized
Product Description
One of the best benefits administration software, BenefitNet, is tailored for employers who want to provide their employees with a centralized view of their entire suite of employee benefits while also offering them self-service capabilities. Read More About BenefitNet
BenefitNet Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Mobile Access
- Employer Dashboard
- User Permissions
- Integration With Payroll
- Compliance Management
- Life Event Management
- Document Management
- Plan Comparison
- View all Features
Contenders | 2025
Reinvent HR, benefits, payroll and worker’s compensation
Product Description
One of the top benefits administration software solutions, UZIO reduces the administrative burden on your team and empowers your employees to make decisions. It is also an excellent online software solution for benefits brokers. Read More About UZIO Payroll
UZIO Payroll Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Compliance Management
- Onboarding Tools
- Tax Filing
- Mobile Access
- Direct Deposit
- Employee Document Management
- Payroll Reporting
- Benefits Administration
- View all Features
Full Service Payroll
$ 5
Per Employee/Month
UZIO Payroll Features and Usability-Based User Satisfaction Score
Emergents | 2025
Product Description
EasyApps is a powerful benefits administration software that brokers can offer to their clients. It allows organizations to enroll in core and voluntary products, as well as onboard new hires and add life events. Read More About EasyAppsOnline
EasyAppsOnline Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Data Security
- Carrier Connectivity
- Open Enrollment Management
- Document Management
- Communication Tools
- Life Event Management
- Integration With Payroll
- Employee Self Service
- View all Features
EasyAppsOnline Features and Usability-Based User Satisfaction Score
User-friendly, cloud-based HR administrative platform
Product Description
hrMecca customizes HR admin and benefits administration software for organizations of any size. With hrMecca, you do not need to burden your IT team to build a solution that is a perfect fit for your payroll/HRIS systems. Read More About hrMecca
hrMecca Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Retirement Plan Management
- Carrier Connectivity
- Employee Self Service
- Document Management
- Automated Notifications
- Wellness Program Integration
- Audit Trails
- Cobra Administration
- View all Features
Category Champions | 2025
Automates HR processes and empowers employee self-service
Product Description
greytHR is one of the best benefits administration systems in the Indian market, with over 25 years of experience under its belt. It boasts of serving 9000+ businesses and ten lakh+ employees across 150+ cities. Read More About greytHR
greytHR Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Loan And Advance Management
- Leave Management
- Time Tracking
- Customizable Reports
- Document Management
- Payslip Generation
- Shift Management
- Salary Structure Management
- View all Features
Starter
$ 0
Per Month for maximum 25 Employees
Essential
$ 49
Per Month for 50 Employees, INR 30 PEPM
Growth
$ 76
Per Month for 50 Employees, INR 60 PEPM
Enterprise
$ 104
Per Month
greytHR Features and Usability-Based User Satisfaction Score
Category Champions | 2025
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World's Most Powerful HR and Payroll Software
Product Description
HRMantra is the worlds most feature-rich HR and payroll software, helping automate the most complicated hire-to-retire HR processes easily using its crores of ready-to-use features. It saves 30 minutes per employee per day, giving over 10 times ROI. 100% project success assured. Read More About HRMantra
HRMantra Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Training Management
- Employee Self Service
- Attendance Management
- Analytics And Reporting
- Employee Engagement
- Timesheet Management
- Payroll Management
- Performance Management
- View all Features
HRMantra Features and Usability-Based User Satisfaction Score
Category Champions | 2025
A dependable partner for your People & Business
Product Description
SBS is one of the most sought-after payroll service providers globally, loved by small, medium, and large businesses. We have helped various businesses across the globe in automating their payroll, staying compliant, and delighting their people. Read More About SBS HR
SBS HR Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Hr Support
- Retirement Plan Services
- Benefits Administration
- Tax Filing
- Employee Termination Processing
- Time And Attendance Tracking
- Workers' Compensation Administration
- Direct Deposit
- View all Features
Standard
$ 97
Upto 100 Employees
SBS HR Features and Usability-Based User Satisfaction Score
Category Champions | 2025
Build a happier workforce and work environment
Product Description
A 360-degree HR solution, Zoho People is not just a benefits administration software but also a comprehensive solution that encapsulates all HR processes from hiring, onboarding, and attendance management to time-tracking and appraisals. Read More About Zoho People
Zoho People Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Org Chart
- Employee Directory
- Compliance Management
- Time And Attendance
- Employee Self Service
- Document Management
- Timesheets
- Training Management
- View all Features
ESSENTIAL HR
$ 1
Employee/Month Billed Annually
PROFESSIONAL
$ 1
Employee/Month Billed Annually
PREMIUM
$ 2
Employee/Month Billed Annually
ENTERPRISE
$ 3
Employee/Month Billed Annually
Zoho People Features and Usability-Based User Satisfaction Score
Contenders | 2025
Product Description
Paylocity streamlines and automates complex benefits administration tasks, enabling you to accomplish more efficiently while simplifying the process. Read More About Paylocity
Paylocity Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Training Management
- Compliance Management
- Learning Management
- Mobile Access
- Employee Engagement
- Applicant Tracking
- Document Management
- Performance Management
- View all Features
Paylocity Features and Usability-Based User Satisfaction Score
High-quality, cost-effective benefits administration software services
Product Description
As one of the best benefits administration software, BenXL can adapt to functional, technological, and legal changes while empowering organizations to streamline benefits administration, save time and costs, and eventually gain consistent competitive advantages. Read More About Pension Administration
Pension Administration Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Customer Support
- Retirement Planning Tools
- User Access Controls
- Customizable Workflows
- Automated Benefit Calculations
- Disbursement Processing
- Integration With Payroll Systems
- Loan Management
- View all Features
Contenders | 2025
People platform to onboard, pay, insure and support your team
Product Description
Gusto’s all-in-one platform aims to make payroll and benefits easy. As an HR benefits management software, it helps your employees by giving them the tools and resources to make the most of their paychecks. Read More About Gusto
Gusto Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- New Hire Reporting
- Payroll On Autopilot
- Garnishments
- Direct Deposit
- Customer Support
- Customizable Reports
- W 2 And 1099 Forms
- Compliance Alerts
- View all Features
Simple
$ 40
Per Month
Plus
$ 80
Per Month
Gusto Features and Usability-Based User Satisfaction Score
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What is Benefits Administration Software?
Benefits administration software serves to streamline and automate the process of managing employee benefits and eligibility. These solutions make the perks, amenities, and core services related to employee benefits management easy to set up for human resource administrators while making it more straightforward for employees to use.
A benefits administration software is a tool that helps businesses manage benefits provided to employees, such as retirement schemes, medical insurance, and paid time off.
Benefits administration systems make it easy to manage employee benefits from a centralized source. You can use this software to view and adjust employee benefits packages. You can also use it to announce open enrolment periods through the administrative dashboard. You also can set up auto-enrolment. Employers can create benefits programs for new employees and even liaise with suppliers. This type of software functions as a centralized employee benefits database equipped with reporting and HR analytics platforms. Some of them include healthcare brokerages and marketplaces.
Benefits administration software products usually offer employee self-service portals and other options so employees can view and manage their benefits based on their eligibility on a single dashboard interface. They may even update their personal information and documents independently without relying on an HR professional.
What are the Benefits of the Best Benefits Administration Systems?
Let's outline the key advantages of employing a benefits admin software solution:
-
Time Savings
An automated process can drastically reduce the average time an HR professional spends enrolling a new employee, doing data entry, addressing employee queries, and preparing benefits packages. Strategies that could ordinarily take months can then take weeks and even days. HR professionals will, as a result, have more time to be productive in other areas of HR management that require their attention.
-
Reduced Errors
A benefits management system automates data collection and integrates with carriers, eliminating much of the human intervention from benefits administration and reducing the chances of errors.
-
Convenience and Satisfaction
Employee benefits administration software allows employers, employees, and brokers to access benefit information using a user-friendly interface anytime and anywhere. It makes employees self-reliant to update the system and seek answers to general queries without HR intervention.
-
Transparency
At any given time, all information related to benefits administration can be monitored and tracked at the individual level. It becomes possible to hold all the stakeholders accountable for their responsibilities. All of this ultimately promotes a more transparent benefits administration process.
Ensuring employee welfare goes a long way in creating a great working environment, boosting employee morale, and increasing productivity. Implementing a benefits administration software solution can take the standard of benefits administration within your organization to a whole new level.
Top Features of Benefits Administration Systems
Let us take a look at some more features of these solutions:
- Dashboard: All the data is available in a dashboard format, which makes it easy to view, access, and understand.
- Plan Design and Forecasting: Benefits admin systems allow you to adjust and test variables such as deductibles, inflations, and co-pays to reach an optimal plan.
- Messaging Center: Top benefits administration software solutions allow employers to send personalized benefits-related content via text messages and emails to targeted groups of employees.
- Data-driven Cost Estimation: These solutions can typically study usage patterns and predict out-of-pocket costs.
- Billing and Payment: The best benefits administration systems will reconcile enrolment and billing data and facilitate the monthly billing processes.
- Statutory Reporting: Some benefits admin system provider portals also create and generate regulatory reports that can be sent automatically to local authorities for compliance.
- Eligibility Monitoring: HR Benefits administration software can also keep track of new employees, promotions, and even employee exits and make changes to existing plans based on eligibility.
A Beginner's Guide to Choosing Benefits Administration Software
Finding benefits administration software from so many available options can undoubtedly seem challenging. However, here are some guidelines to make it easier:
Types of Benefits Administration Systems
Benefits administration systems are typically available as the following:
- Standalone benefits management solutions
- A module that is part of a comprehensive human resource management solution
Standalone solutions may seem attractive since companies specializing in solving a single problem are more likely to offer the most robust solutions. However, integrated HR Software makes more sense for small and mid-sized companies as it will likely be more cost-effective. They are also easier to implement.
Either way, you must choose a system that does the following
-
Facilitates Self-Service
The best benefits administration software solutions come with a self-service portal allowing employees to take charge of their benefits plan and guide them. Such features considerably lighten the workload of benefits administrators. Try and choose a solution that provides employees with an intuitive, user-friendly interface and an uncomplicated setup process. The same applies to the admin dashboard for the HR team as well.
It may also be worthwhile to explore options that offer a mobile application. A user-friendly mobile solution will allow employees and benefits administrators to view information, take necessary actions, and update information swiftly at any given time from anywhere.
-
Reduces Benefits Administration Workload
Companies often prioritize employee experience over HR experience when selecting a benefits administration software solution. However, HR teams interact more frequently with a benefits management system than employees. Merely choosing a solution with an attractive interface may not be the best way. Ultimately, a benefits management solution must be able to automate repetitive, time-consuming, manual, and data-intensive tasks for benefits administrators.
-
Integrates with the Existing HR Software Stack
Benefits administration software must work in sync with your existing human resource management platform so that you can fully use all its features. Check whether your current systems will be able to receive updates from the new ones. You must also check how much legwork is involved in getting the systems to work in sync. Consider whether you will have to pay additionally to achieve that or whether it will be a service included in the cost of the new system.
-
Ensures Compliance
Any benefits administration system you choose must help you comply with local statutory laws and regulations. For HR professionals and employees alike, staying on top of ever-changing employee/labor laws and regulations may not always be possible. Staying compliant becomes more complicated with organizations with multiple offices across various regions and locations. Checks within the system must prevent any errors in compliance so that benefits plans can be tailored and personalized to meet an individual employee's needs and preferences without the fear of defaulting compliance.
-
Data Analysis and Reporting
When employers have analytical data, they are better poised to make optimal decisions regarding benefits management. An excellent benefits administration solution must be able to produce sophisticated reports that organizational heads can use as they make strategic decisions. The data must be able to provide a better understanding of benefits and costs and provide actionable insights. For example, the data could shed light on which benefits and plans employees prefer over the rest or average usage pattern reports that can aid in developing solutions that target common issues. Data and analytical essays can be of enormous help during audits.
-
Data Security
Benefits administration software stores sensitive employee data. This data could be related to an employee's personal information, any changes, hours worked, claims made, medical history, and receipts about health-related costs. This data is accessed by multiple parties, including the insurance providers, the employer and the employees, and various other people within the organization. Choose a system that can set up reliable permissions to allow access. Look for a system that stores all the data securely in a centralized location. Inquire about how the data is stored and transmitted. You may want to look for a system that uses the EDI transmission method, also known as a carrier feed. This method has proven to be more secure, automated, and least prone to error.
-
Training and Support
Implementing a new system involves some amount of legwork. Consider how challenging it will be to set up and maintain the system. Check the extent of training and support that will come with the product. Find out if there is a need to invest in anything else. You must work towards a seamless transition, only possible with adequate training and support.
Reasons to Invest in Benefits Administration Platforms
A benefits administration platform does require an investment, but the right solution can yield many cost benefits in the long run.
-
Efficiency and Flexibility
Benefits administration involves monitoring and keeping track of various entitlements, rules, and eligibility for different types of employees. For HR professionals, it means coordinating with multiple stakeholders, including employees, vendors, suppliers, and the payroll and accounts team, to name a few. A manual process also involves incredible data entry, spreadsheets, and paperwork. It can be an incredibly complicated and time-consuming process. Co-pays and flexible benefit agreements only make the process more complex. Digitizing benefits management with a centralized benefits administration portal will remove much of the manual, repetitive, and mundane activities from the benefits administration process.
-
Benefits Engagement
Employee benefits are generally one of an organization's most substantial business costs. However, it can quickly become money if employees are unaware of the benefits entitlements and don't appreciate them. It is imperative for employees to truly value their benefits packages and, more importantly, know how to use them. Benefits administration solutions can optimize benefits communication to encourage participation and drive engagement.
A digital benefits solution can create multi-channel communication pathways and deliver a consistent employee experience across various channels. Employees can have options to interact with their benefits through a medium that they prefer.
-
Benefits Costs
It has become increasingly important for employers to monitor, track, and control benefits costs and stay within the allocated budgets. While automating benefits administration does reveal indirect cost savings gradually, reporting and analytic tools make it possible to monitor benefits costs and even justify them in real time. Benefits administration systems also allow employers to validate their spending to prevent brokers from overcharging them.
-
Risk Mitigation
A manual process requires data to change many hands and has few safeguards to protect it. On the other hand, a digital benefits management system usually comes equipped with data privacy and security measures. It consolidates and stores data in a centralized location and ensures that only those with the necessary permissions can access it. Any attempt to misuse data becomes easier to identify with a digital system by referring to the user's history.
FAQs
What is the Benefits Administration Software Market Size and Forecast?
According to the report titled "Global Benefits Administration Software Market Growth (Status and Outlook) 2019-2024", over the next five years, the global Benefits Administration Software market will register a CAGR of 8.3% in terms of revenue. The report expects that the global market size will rise from USD 690 million in 2019 to USD 949.8 million by 2024.
Who are the Top Leaders of Benefits Administration Software?
Some of the key players in the market are BambooHR, Penad Pension Services, RiseSmart, Ceridian Dayforce, and Workday, to name a few.
What is the Purpose of an Employee Onboarding Solution?
An employee onboarding solution facilitates the smooth absorption of new hires into an organization. Such software typically comes with dashboards that help talent acquisition teams, business managers and leaders, keep track of the progress of each hire through the onboarding stage, such as verifications, compliance, integrations for payroll and benefits, etc.
Employee onboarding software reduces the administrative burden on the HR team and also managers. It standardizes the onboarding process. It also assists with compliance activities as you don't end up losing any new hire information or misfile any vital information.