Beneration VS BambooHR

VerifiaBill by Beneration goes above and beyond traditional “consolidated billing” by simplifying the financial operations around employee benefits billing.

Employee benefits already involve too many vendors and payments, and the carrier invoices and benadmin data rarely match between incorrect rates, tiers, terminated employees that are still enrolled, or even active employees without coverage. The auditing process is massively time-consuming for employers.

Beneration’s VerifiaBill software simplifies premium billing by consolidating carrier invoices, allocating benefit costs, and identifying discrepancies in coverage charges. Using these reports, employers can be sure that their employees have the coverage that they need and that they are paying exactly what they owe.

VerifiaBill can provide HR and Accounting teams with the following monthly services and reporting: • A single consolidated monthly invoice for all benefit plans • Allocation of every benefit charge to cost centers • Auditing of carrier invoices for any discrepancies
• One payment through Carrier Bill Pay service • Self-Bill compilation with enrollment data

With VerifiaBill, employers can ultimately eliminate errors, save time, and focus more on their people.

BambooHR is a leading online HR software for small and medium business that have outgrown using manual processes to track employee data. BambooHR’s easy-to-use program, simplified implementation process and a support team that feels like family ensure a successful transition from spreadsheets to our customizable Human Resource Information System (HRIS). This gives clients more time for meaningful work because that are using BambooHR’s Applicant Tracking System (ATS) and HRIS to manage the entire employee lifecycle. BambooHR clients include innovators like Pinterest, Fitbit, FreshBooks, SoundCloud, Disqus, and Squarespace, among hundreds of others in 70 countries worldwide.

With BambooHR, you can: See all employee information in one location. Spend less time on time off. Control access for different types of users. Generate reports with just a few clicks. Get alerts. Work globally. Integrate applications. Post Jobs. And customize tabs, fields and tables--for free.