Open enrollment is a significant configuration and process for businesses as every employee record must be reviewed and updated, regardless of if they are changing their benefits. As employees begin evaluating what benefits they’d like to select in the next year, businesses need to prepare their systems to handle new rate changes and expanded benefit offerings, all while processing changes in a timely manner.
We can work alongside your business to develop a project timeline, gather the necessary system requirements, configure and test scripts, migration to production and post-open enrollment support all the way through the new year to ensure successful transmissions to the vendors and payroll systems.
The open enrollment period is also the perfect time to address any existing issues and evaluate if investing in a new technology could help streamline operations. There are new features that are very compatible to implementing a successful open enrollment including Health Savings Account and Flexible Spending Account calculators and a Plan Comparison Tool.
As part of the Oracle Cloud HCM Amplify program, Baker Tilly Digital is offering guided open enrollment support through advisory services with configuration, strategy and deployment.
Whether your organization is adding new benefit offerings, updating current plans, or just rolling into the new calendar year; leverage Baker Tilly Digital professionals to make the most of Oracle HCM Cloud Benefits to empower your employees to make informed decisions and realize the value of your employer sponsored plans.