Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Alternatives to Consider

  • Healthee Reviews & Ratings
    13 Ratings
    Company Website
  • TriNet Reviews & Ratings
    1,994 Ratings
    Company Website
  • Native Teams Reviews & Ratings
    632 Ratings
    Company Website
  • Rippling Reviews & Ratings
    20,776 Ratings
    Company Website
  • RemotePeople Reviews & Ratings
    493 Ratings
    Company Website
  • Paycom Reviews & Ratings
    8,504 Ratings
    Company Website
  • Paylocity Reviews & Ratings
    8,082 Ratings
    Company Website
  • Mentornity Reviews & Ratings
    99 Ratings
    Company Website
  • Service Center Reviews & Ratings
    123 Ratings
    Company Website
  • SurePayroll Reviews & Ratings
    843 Ratings
    Company Website

What is BenXL Pension Administration?

The Pension Administration System features a calculation engine, a data management application, a tool for generating reports, and a development platform designed for plan sponsors, third-party administrators, and benefits consultants. Its purpose is to effectively model complex benefit plans through parameter definitions, predefined business objects, and entry points that adhere to established protocols, all customized to meet distinct benefit administration requirements. Implementing an N-tier architecture, the system divides the application into multiple layers, promoting a modular design that supports scalability and enables rapid, cost-effective integration with existing client infrastructures. Moreover, the Pension Administration System is crafted to simplify all pension administration functions without necessitating intricate coding. In addition to these features, the system provides a range of functionalities aimed at improving usability and efficiency for its users. This comprehensive setup ensures that organizations can manage their pension tasks seamlessly while maintaining high levels of productivity. Furthermore, below is an extensive overview of some of the processes offered within the system.

What is Altair Pension Administration?

Altair is a versatile and secure pension administration platform specifically designed for retirement systems and their managers, offering a wide array of functionalities such as benefit calculations, automated workflows, document management, bulk processing, and ensuring compliance with regulations within a unified system. Equipped with a powerful calculation engine, it effectively handles complex individual and bulk computations while enhancing daily workflows with automation to reduce manual intervention. The platform also supports secure creation, export, and archiving of documents, maintaining thorough audit trails throughout the process. Additionally, it can efficiently process large volumes of statements, benefits, and pension increases. Hosted on a U.S.-based infrastructure compliant with FedRAMP standards, Altair features role-based access controls, multi-factor authentication, and provides real-time dashboards along with self-service reporting capabilities via its Insight module. Moreover, Altair is designed for seamless integration and migration, catering to the regulatory frameworks of various states, which broadens its applicability across different pension scenarios. Its extensive functionalities position it as an excellent solution for administrators aiming to enhance and modernize their pension management strategies, ultimately leading to improved operational efficiency and better service delivery to beneficiaries.

Media

Media

Integrations Supported

Integrations Supported

Anitian FedRAMP Comprehensive

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

BenXL

Company Website

www.benxl.com

Company Facts

Organization Name

Heywood

Date Founded

1975

Company Location

United Kingdom

Company Website

heywood.com/us/products/pension-administration/altair

Categories and Features

Benefits Administration

Deduction Management
Disability Insurance Administration
Employee Benefits Administration
For Employers
Life Insurance Administration
Retiree Administration
Retirement Plan Management

Categories and Features

Popular Alternatives

PX3000 Reviews & Ratings

PX3000

Penad Pension Services

Popular Alternatives

PensionGold Reviews & Ratings

PensionGold

Levi, Ray & Shoup
Milliman MARC Reviews & Ratings

Milliman MARC

Milliman
Pension OS Reviews & Ratings

Pension OS

Union.dev
PENFAX Reviews & Ratings

PENFAX

JEA