How can automation help reduce errors in benefits administration?
Benefits administration is a complex and time-consuming process that involves managing various types of employee benefits, such as health insurance, retirement plans, wellness programs, and more. It requires accuracy, compliance, and efficiency to ensure that employees receive the right benefits and that the organization meets its legal and financial obligations. However, human errors can occur at any stage of the benefits administration process, leading to costly and damaging consequences, such as overpayments, underpayments, penalties, audits, lawsuits, and employee dissatisfaction. How can automation help reduce errors in benefits administration? Here are some ways that automation can improve the quality and reliability of benefits administration.