Workday Cloud Connect for Benefits Datasheet
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Workday Cloud Connect for Benefits Datasheet

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Cloud Connect for Benefits provides you with a catalog of packaged integrations that connect to benefits providers, giving Human Resource organizations the ability to evaluate, select, and offer the ...

Cloud Connect for Benefits provides you with a catalog of packaged integrations that connect to benefits providers, giving Human Resource organizations the ability to evaluate, select, and offer the most appropriate plans for their workforce. Built as a part of Workday Human Capital Management, Cloud Connect for Benefits uses the same core worker data to streamline the process of administering benefits plans. http://www.workday.com/solutions/human_capital_management/global_human_resource_management/cloud_connect_for_benefits.php

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Workday Cloud Connect for Benefits Datasheet Workday Cloud Connect for Benefits Datasheet Document Transcript

  • Cloud Connect for BenefitsCloud Connect for Benefits provides HR organizations with a catalog of Key Features and Benefitspre-built integrations to benefits providers, giving HR organizations the • Select from a wide catalog of pre-ability to evaluate, select, and offer the most appropriate plans for their built integrations across all benefit types:workforce. With Cloud Connect for Benefits, HR organizations avoid the ° Medical, Dental, and Visioncosts and headaches of building and maintaining custom integrations to ° Flexible Spending Accountsbenefits providers. ° Retirement Savings Plans ° Life Insurance and AD&DEliminate the Integration Hassle ° Health Savings AccountsA competitive benefits package is an increasingly important element of ° COBRA Administratorsattracting, motivating, and retaining employees. Modifying benefits plans • Eliminate the burden of building andand providers is a natural part of the business cycle, but along with these maintaining custom integrations onmodifications comes the burden of building and maintaining costly custom your ownintegrations to benefits providers. Cloud Connect for Benefits eliminates • Track employee data changes inthis custom integration burden. Workday HCM; update benefits pro- viders automatically • Simple Setup: Choose from a pre-populated list of benefits providers • Leverage role-based security per- without having to deal with the providers’ technical specifications. missions from Workday HCM Workday automatically populates relevant personnel information • All data is transmitted securely in and presents the templates, maps, and required company-specific encrypted form or via secure FTP information to the benefits administrator. • Standards and protocols are sup- ported, including HIPAA 834 • No Maintenance Required: When benefits providers change their • Integration updates are handled by Workday and seamlessly applied specifications, Cloud Connect for Benefits updates the integration with no additional customer effort with no additional IT investment required from the customer. • Efficient for IT: Cloud Connect for Benefits delivers the integrations, allowing IT resources to be redeployed on strategic activities instead of building and maintaining complex integrations.Automatic UpdatesChanges in the lives of employees is a given, buteach change—whether a marriage, new child, ornew address—requires updates to each benefitsprovider used by the employee.
  • • Schedulable Updates: Cloud Connect for Benefits • Responsive Team: Workday works closely with greatly simplifies the information update process by customers and prospects to understand the allowing Benefit Administrators to schedule updates requirements for provider integrations. When and/or make ad hoc updates as needed. Setting up changes to plans or providers occur, the Workday the schedule is simple, and once set, updates run team incorporates the changes without disruption automatically. to customer operations. • Secure Data: The data transmitted to providers is always secure from the time it is generated to Leverage Investment in Workday Human Capital the time it is transmitted in encrypted form or via Management secure FTP. There is no manual intervention in the Built as a part of the Workday Human Capital process that compromises security. Management solution, Cloud Connect for Benefits uses the same core data as HCM—worker information, benefits • Built-in Compliance: Cloud Connect for Benefits data, benefits plans, and provider information—to supports all applicable standards and protocols, streamline the process of administering benefits plans. including the HIPAA 834 standard and all its • Use Data from HCM: Benefits information from variations to proprietary formats. open enrollment, new employee onboarding, terminations, or life events are automatically fed through Cloud Connect for Benefits.Full Range of Benefits ProvidersBy providing integrations to a broad spectrum of • A Consistent User Experience: With Workdayproviders, Cloud Connect for Benefits gives confidence HCM and Cloud Connect for Benefits, Benefitsto Benefits Administrators that all required provider Administrators can now manage open enrollment,integrations are addressed. ongoing changes to benefits plans, and integrations • Expanding Network: Workday is constantly adding to providers—all in one system and all with the providers to the Benefits network—more than 160 same intuitive user interface. providers exist in the network today. • Shared Foundation: Cloud Connect for Benefits • Customer Driven: Integrations to providers are shares the same foundation as Workday Human driven by customer requirements. If an integration Capital Management. Manage a single set of role- doesn’t already exist, Workday will add it to based security permissions, workflow, approvals, the Benefits network at which point it becomes rules, and routings with HCM, thereby eliminating available to all customers. data redundancy and duplicate data entry. Workday, Inc. | 6230 Stoneridge Mall Road | Pleasanton, CA 94588 | United States 1.925.951.9000 | 1.877.WORKDAY (1.877.967.5329) | Fax: 1.925.951.9001 | www.workday.com© 2011. Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarksor registered trademarks of their respective holders.