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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Empower your employees by allowing them to select benefits that truly matter to them. With a user-friendly platform that members adore, the heavy lifting is taken care of, ensuring convenience without any out-of-pocket costs. Provide tailored, high-quality benefits that reflect the core values of your organization. This single platform caters to both pre and post-tax spending accounts while keeping you informed about budget allocation, usage statistics, and claims processing. Historically, many well-meaning companies have complicated their benefits offerings, causing confusion and a lack of appreciation among employees; Forma has crafted a superior solution. Enhance your benefits packages to be as appealing as possible while maximizing your budget efficiency. Say goodbye to the stress of managing multiple vendors and the time it consumes. Enjoy unparalleled flexibility, allowing employees to choose benefits that resonate with them personally. Foster customer loyalty while staying adaptable to evolving best practices. Forma is dedicated to developing customizable, inclusive, and globally applicable benefits programs that meet the diverse needs of every employee, making the workplace a more engaging and supportive environment.

Description

PTO Exchange is an innovative benefits platform that allows employees to convert their accrued vacation hours into cash assets that they can use for personal expenses and support the causes that matter to them. This unique offering provides companies with a compelling advantage that caters to the diverse needs of every employee within the organization. The platform seamlessly integrates with existing systems, empowering employees to take charge of their financial well-being. Unused PTO can be allocated towards various essential expenses such as Retirement Accounts, Student Loans, and Health Care Expenses or HSAs. Imagine being able to trade in some of your unutilized PTO to fund your next vacation—now that’s a reality. Additionally, employees have the ability to donate to over one million certified non-profit organizations, support meaningful causes, or assist colleagues who may be in need. This strategic approach not only helps to mitigate PTO balance sheet liabilities but also enhances talent acquisition and retention strategies. In essence, it creates a win-win situation for both HR and Finance departments, as they will both recognize the benefits of improved PTO offerings while simultaneously minimizing corporate liabilities. Furthermore, this initiative fosters a more engaged and satisfied workforce, ultimately driving organizational success.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

ADP Workforce Now
Auth0
Okta
Paylocity
SAP Cloud Platform
Workday HCM

Integrations

ADP Workforce Now
Auth0
Okta
Paylocity
SAP Cloud Platform
Workday HCM

Pricing Details

Free
Free Trial
Free Version

Pricing Details

$1 per employee per month
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Forma

Country

United States

Website

www.joinforma.com

Vendor Details

Company Name

PTO Exchange

Founded

2014

Country

United States

Website

www.ptoexchange.com

Product Features

Benefits Administration

COBRA Administration
Claims Management
Deduction Management
Disability Insurance Administration
Employee Benefits Administration
FMLA Administration
FSA Administration
Flexible Spending Accounts
For Brokers
For Employers
HIPAA Compliant
Health Insurance Administration
Life Insurance Administration
Online Benefits Enrollment
Premium Billing
Provider Management
Retiree Administration
Retirement Plan Management

Product Features

Benefits Administration

COBRA Administration
Claims Management
Deduction Management
Disability Insurance Administration
Employee Benefits Administration
FMLA Administration
FSA Administration
Flexible Spending Accounts
For Brokers
For Employers
HIPAA Compliant
Health Insurance Administration
Life Insurance Administration
Online Benefits Enrollment
Premium Billing
Provider Management
Retiree Administration
Retirement Plan Management

Compensation Management

Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning

Leave Management

Approval Process Control
Calendar Management
Employee Scheduling
FMLA Tracking
Leave & Absence Reporting
Leave Policy Management
Self Service Portal

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