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NorthgateArinso the leading HR & Payroll provider introduces their flexible benefits software solution MyChoice.
Employers are increasingly looking to give people a larger degree of choice about the way they are rewarded. By choosing benefits that meet their needs, employees can see a greater link between performance and reward. It's an important step in today's workplace, where people are no longer content with a basic salary and perhaps a few extras. Despite the opportunities, Flexible Benefits schemes create a considerable administrative challenge. Manually calculating each employee's entitlement and implementing their choices would be difficult for even the largest HR department. What has been missing is the technology that can eliminate expensive and time-consuming administration.
Now, NorthgateArinso's Flexible Benefits Software 'MyChoice' available for companies with more than 300 employees, provides HR departments with a powerful yet cost effective way to manage schemes. Schemes can be managed in much less administration time than is possible with manual systems or with other, less able software systems.
MyChoice integrates dynamically with existing HR systems, automates benefits administration and reinforces NorthgateArinso’s strategy to develop best-of-breed report writing tools. Organisations will now be able to complete detailed analyses of their flexible benefits programmes using powerful management reporting to better examine the value of their compensation strategy. Developed using Java Technology, MyChoice can be tailored to meet customers needs and can easily integrate with customers’ existing business applications.
Our software allows you to give more choice to employees, without creating the burden of prohibitive costs for your organisation. It's a cost-effective, quick and simple solution for organisations that previously wanted to launch Flexible Benefits but found it too difficult. It's also ideal if you want to extend your current scheme but need more from your supporting system to make it possible.
MyChoice Flexible Benefits software seamlessly integrates with other systems. Once the configuration is complete and the system installed, most information transfers are carried out automatically and instantly. Information is sent to and received from employees, line managers, your HR and Payroll systems and external benefit providers.
One of the main benefits of the software is the intuitive design that it minimises training requirements for those organisations whose employees are not PC-based. So whether it’s Flexible Benefits, Salary Sacrifice, Voluntary Benefits or simply Total Rewards Statements you are offering, MyChoice can help you.
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