Platforms that help you offer, manage, and optimize perks - from health insurance to gym membership.
This is a lite category
Stackfix is yet to fully test this category, but these are our early recommendations.
Happl
Best for startups and mid-size teams looking to offer personalized, tax-compliant benefits and rewards. Strong EU/UK coverage, with growing US support.
Ben
Best for UK and European teams between 10 and 500 people. Ben offers a wide range of benefits, as well as letting individuals spend allowances on what they want to. Expanding into the US.
Lively
A US-only HSA and FSA platform – best for startups and small businesses offering tax-advantaged health benefits. Seamless integration with payroll and benefits tools.
Compt
Built for US teams. Offers lifestyle benefits (WFH, wellness, learning) that are IRS-compliant and easy to manage.
Benepass
Best for US startups offering flexible, tax-advantaged perks across wellness, WFH, L&D, and more. Global capabilities emerging.
Forma
Enterprise-focused – best for global companies wanting to offer customizable perks, wellness programs, and reimbursement workflows at scale.
Nava
Best for US startups who want to simplify health insurance, 401(k), and compliance with white-glove support.
Sequoia
Best for medium-to-large US companies (100+ employees) needing healthcare, compliance, equity, and global mobility support in one place.
FAQs
What is Employee Benefits software?
Put simply, Employee Benefits software is a platform that helps businesses administer, manage, and optimize workplace perks and benefits programs. It acts as a central hub for all benefits-related activities, allowing teams to offer health insurance, manage enrollment, administer wellness programs, and track utilization—ensuring streamlined benefits administration and higher employee satisfaction. The key features of Employee Benefits software usually include:
What is Employee Benefits software?
Put simply, Employee Benefits software is a platform that helps businesses administer, manage, and optimize workplace perks and benefits programs. It acts as a central hub for all benefits-related activities, allowing teams to offer health insurance, manage enrollment, administer wellness programs, and track utilization—ensuring streamlined benefits administration and higher employee satisfaction. The key features of Employee Benefits software usually include:
Benefits Administration: Tools to streamline the selection, enrollment, and management of core benefits like health insurance, dental, vision, and retirement plans.
Employee Self-Service: A structured portal where employees can view options, compare plans, enroll in benefits, and make life event changes with minimal HR intervention.
Compliance Management: Features to ensure benefits programs meet ACA, ERISA, COBRA, and other regulatory requirements with proper documentation and reporting.
Wellness Program Management: Tools for implementing and tracking participation in health initiatives, fitness challenges, and preventive care programs.
Analytics & Utilization Tracking: Insights into benefits costs, enrollment patterns, and program utilization to optimize offerings and control expenses.
What should I consider when buying Employee Benefits software?
Choosing the right Employee Benefits software can make or break your benefits strategy—so it's essential to find one that fits your benefits complexity, integrates with your existing tools, and aligns with your budget. Here are the key factors to consider before making your decision.
What should I consider when buying Employee Benefits software?
Choosing the right Employee Benefits software can make or break your benefits strategy—so it's essential to find one that fits your benefits complexity, integrates with your existing tools, and aligns with your budget. Here are the key factors to consider before making your decision.
Your Benefits Structure: Start by assessing your benefits programs. Do you offer basic health insurance and retirement plans, or a comprehensive suite including voluntary benefits, wellness programs, and flexible spending accounts? Identifying your needs will help you choose the right tool.
Ease of Use: Benefits software should make administration simpler—not more complicated. Look for an intuitive interface that both HR teams and employees can navigate with minimal training. Overly complex platforms can lead to enrollment confusion and support overload.
Integration with Your HR Tech Stack: Your Benefits software needs to work seamlessly with your HRIS, payroll system, and carrier connections. Check if the software offers pre-built integrations with your existing systems and benefits providers.
Configurability & Flexibility: Benefits programs vary widely and change frequently. Ensure the platform can handle your specific eligibility rules, plan structures, and contribution strategies without extensive customization.
Mobile Access: Employees expect to access benefits information anytime, anywhere. Look for solutions with responsive designs or dedicated mobile apps that make enrollment and benefits management convenient.
Pricing & Hidden Costs: Employee Benefits software pricing varies widely, often based on employee count, module selection, or implementation support. What seems affordable now could become expensive as your workforce grows. Check for extra costs related to carrier connections, implementation, and ongoing support.
Customer Support from the Vendor: Benefits questions are often time-sensitive and complex. If employees have issues during open enrollment or you need to make plan changes, will the vendor be there? Look at response times, support availability, and implementation assistance.
What are the common mistakes to avoid when buying Employee Benefits software?
Avoiding common pitfalls when choosing Employee Benefits software can save you time, money, and administrative headaches down the line. Here are some of the biggest mistakes companies make—and how to avoid them.
What are the common mistakes to avoid when buying Employee Benefits software?
Avoiding common pitfalls when choosing Employee Benefits software can save you time, money, and administrative headaches down the line. Here are some of the biggest mistakes companies make—and how to avoid them.
Choosing based on cost, not capabilities: Some affordable solutions lack the flexibility to handle complex benefits structures. Make sure you're picking a tool that can support your current and future benefits strategies, not just the cheapest option.
Ignoring the employee experience: Many companies focus solely on administrative efficiency without considering how employees will interact with the system. Look for solutions that make benefits selection intuitive and educational.
Overlooking carrier integration depth: A platform might claim insurance carrier connections, but do these integrations support real-time data exchange and automated eligibility updates? Always verify specific carrier integration capabilities before committing.
Not planning for benefits evolution: Companies often select benefits platforms for current offerings, without considering how they'll support new benefits types, changing contribution strategies, or alternative funding models.
Underestimating implementation complexity: Benefits setup requires careful data mapping, testing, and configuration. Choose vendors with proven implementation methodologies and dedicated support during transition periods.
How much does Employee Benefits software cost?
Most Employee Benefits solutions range from $3 to $12+ per employee per month, with entry-level options starting around $2-4 and comprehensive platforms exceeding $10 monthly per employee. Most vendors structure pricing in tiers based on employee count and functionality required.
How much does Employee Benefits software cost?
Most Employee Benefits solutions range from $3 to $12+ per employee per month, with entry-level options starting around $2-4 and comprehensive platforms exceeding $10 monthly per employee. Most vendors structure pricing in tiers based on employee count and functionality required.
Basic benefits administration typically starts at the lower end of the range, while comprehensive solutions with wellness programs, decision support tools, and advanced analytics command premium prices.
Implementation fees are an additional consideration, often ranging from $5,000 to $50,000+ depending on complexity, data migration needs, and carrier connections.
For mid-sized and enterprise companies, you can expect to speak to sales for a bespoke price. These custom quotes typically factor in specific benefit complexities, integration requirements, and implementation scope. To skip the demo calls, be sure to check out our pricing calculator.
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