Affordable Care Act (ACA) compliance is a huge priority for your company. Unfortunately, ACA administration is only one of your many responsibilities and challenges. On top of finding and organizing your benefits data, tracking your employees, determining your responsibility as an employer and the eligibility of your employees, and filling out all those forms – not to mention ensuring accuracy and completion with every single form – you are somehow expected to prepare the coming year’s recruiting strategy and manage all of your employers’ needs.
What’s more, keeping up with ever-changing regulations is a time-consuming (and stressful) effort in and of itself. With everything else going on, ACA reporting might just be the straw that breaks the camel’s back.
Good news: You don’t have to go through this process all by yourself. Consider getting an ACA compliance partner.
How an Automated Software Solution Can Help
An automated software solution for ACA reporting will ensure that you’re meeting all requirements accurately and efficiently. With an ACA expert on your side, you can feel more confident in your reporting, less burdened by organized data and forms, and better able to focus on the rest of your responsibilities.
The right technology can reduce the weight of health care administration and empower you to reach ACA compliance from the convenience of a user-friendly dashboard. The ACA requires employers with 50 or more full-time employees to provide affordable health coverage meeting the minimum standards. Therefore, your reporting software should allow you to quickly and accurately determine the number and eligibility status of your company’s employees. The platform should also integrate with payroll and generate all the employee data needed for completing all W-2 and IRS forms.
Imagine if the ACA reporting season were no longer worrisome and laborious, but straightforward and effortless. The right technology solution can make this transformation happen. Instead of trying to manually keep all of the information up to date and accessible, consider working with an ACA compliance partner to automate and simplify your process, so you can focus on other important matters for your company.
Learn how our ACA Dashboard solution can take the task of ACA reporting off your shoulders.