DALLAS, Oct. 13, 2015 /PRNewswire/ -- BenefitMall®, a leading provider of employee benefits and payroll services, today introduced allCompliance, a self-guided Affordable Care Act (ACA) educational reporting tool. Inviting and simple to use, allCompliance takes employers through decision support, ACA reporting and tracking, and data management, and when used with BenefitMall's full suite of products allows for majority completion of ACA 1094 and 1095 forms through integrated data.
In today's complex business world, it is easy for businesses to veer off compliance. BenefitMall's allCompliance tool provides a streamlined and secure platform that helps employers navigate through the new ACA reporting requirements for Section 6055 and 6056, which require applicable large employers (ALE) to analyze their workforce, record data and report it to the IRS using proper forms.
"At BenefitMall, we are proud to provide personalized solutions to help business owners run their companies effortlessly. With the new ACA requirements, it is important for businesses to stay compliant and file all forms on time," said Todd Waletzki, COO of BenefitMall. "Our latest product, allCompliance, not only seamlessly integrates with other BenefitMall products, but also allows business owners to manage data, reports and IRS forms in a streamlined way."
Decision support and assessment analysis, a feature of the new platform, assists employers in identifying which forms they need to file. In addition to completing the reporting requirements for 6055 and 6056, allCompliance generates ACA required forms including 1094B, 1094C, 1095B and 1095C for both employers and employees. It also offers strong reporting and data management tools, designed to give employers peace of mind and control over their business' future.
When using BenefitMall's payroll service or benefits administration system, the process for uploading employee information and generating the required ACA forms is simplified. By using allCompliance, in conjunction with BenefitMall payroll and benefits administration products, employers will easily complete more than 90% of the required information. BenefitMall will assist with gathering the remaining information, so clients can file.
About BenefitMall
Headquartered in Dallas, BenefitMall partners with a network of 20,000 Brokers and CPAs to deliver employee benefits and payroll services to more than 200,000 small and medium-sized businesses. By combining payroll and benefits, BenefitMall empowers Trusted Advisors to develop the best employee programs while maintaining compliance with government regulations and Health Care Reform.
BenefitMall, the largest national General Agency merged with the second largest privately held payroll company, CompuPay. BenefitMall also operates HealthCareExchange.com, the leading online community for information regarding the Patient Protection and Affordable Care Act. More information is available at www.benefitmall.com.
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SOURCE BenefitMall
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