[ Forma Reviews ](https://www.g2.com/products/formabenefits/reviews) [ Forma Reviews ](https://www.g2.com/products/formabenefits/reviews) # Forma Features ##### ## Platform (8) Customization Allows administrators to customize to accommodate their unique processes. Includes ability to create custom objects, fields, rules, calculations, and views. Integration APIs Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications. Internationalization Enables users to view and transact business with the same content in multiple languages and currencies. User, Role, and Access Management Grant access to select data, features, objects, etc. based on the users, user role, and groups. Performance Is consistently available (uptime) and allows users to complete tasks reliably. Mobility Is accessible from a mobile device and by users on the go. Reporting Provides analytics tools that reveal important business metrics and track progress. Dashboards Creates dashboards to track information like open positions, current headcount, and recruiting pipeline. Show More ##### ## Benefits Administration Platform Features (20) Benefits Record Management Track and manage employee benefits information and eligibility information within a centralized database. Enrollment Planning Facilitate employee enrollment in health insurance plans during open enrollment and special enrollment periods. Make changes to benefits data in real time. Third-Party Carrier Integration Access a unique marketplace of benefits products provided by third-party carriers. Select from pre-built bundles or customize your own bundles within the system to offer to your employees. Document Management Store and organize on-boarding benefits documents such as I-9s, W-4s, W-9s, and other employee agreements. Total Compensation Statements Prepare ad-hoc and historical total compensation statements for employees. Employees can access statements to find a comprehensive view of their compensation, including benefits, wages, and stock options. Self-Service Portal Allow employees to log in and review the details of their employee benefits program elections 24/7 and make changes and enroll in benefits as required. Regulatory Compliance Ensure compliance with federal and state benefits regulations, including the Consolidated Omnibus Reconciliation Act (COBRA), Affordable Care Act (ACA), and Health Insurance Portability and Accountability Act (HIPAA). Mobile Benefits Access Provide access to employee benefits information including ID numbers, deductibles, in- and out-of-network costs, and more. Benefits Record Management Track and manage employee benefits information and eligibility information within a centralized database. Enrollment Planning Facilitate employee enrollment in health insurance plans during open enrollment and special enrollment periods. Make changes to benefits data in real time. Third-Party Carrier Integration Access a unique marketplace of benefits products provided by third-party carriers. Select from pre-built bundles or customize your own bundles within the system to offer to your employees. Document Management Store and organize on-boarding benefits documents such as I-9s, W-4s, W-9s, and other employee agreements. Total Compensation Statements Prepare ad-hoc and historical total compensation statements for employees. Employees can access statements to find a comprehensive view of their compensation, including benefits, wages, and stock options. Self-Service Portal Allow employees to log in and review the details of their employee benefits program elections 24/7 and make changes and enroll in benefits as required. Regulatory Compliance Ensure compliance with federal and state benefits regulations, including the Consolidated Omnibus Reconciliation Act (COBRA), Affordable Care Act (ACA), and Health Insurance Portability and Accountability Act (HIPAA). Benefits Dashboards An easy to read, often single page, real-time user interface, showing a graphical presentation of the current status and historical trends of benefits data to enable instantaneous and informed decisions to be made at a glance. Mobile Benefits Access Provide access to employee benefits information including ID numbers, deductibles, in- and out-of-network costs, and more. Integrations / APIs The platform can integrate with HR and payroll software to manage employee data such as new hires, general profiles, salary changes, benefit deductions, and terminations into a single system of record. Internationalization Enables users to view and transact business with the same content in multiple languages and currencies. Mobility Is accessible from a mobile device and by users on the go. Show More ##### ## Platform Basics (3) Reporting Provides analytics tools that reveal important business metrics and track progress. Interoperability Connects to external systems and applications as needed to complete team workflows. Performance Is consistently available (uptime) and allows users to complete tasks reliably. Show More ##### ## Platform Content (4) Enrollment Planning Facilitate employee enrollment in health insurance plans during open enrollment and special enrollment periods. Make changes to benefits data in real time. Dashboard Has a centralized dashboard for users to interact with Education Provides educational materials to help employees make informed decisions about their benefits. Benefits Record Management Track and manage employee benefits information and eligibility information within a centralized database. Show More ##### ## Platform Additional Functionality (3) Mobility Is accessible from a mobile device and by users on the go. Regulatory Compliance Ensure compliance with federal and state benefits regulations, including the Consolidated Omnibus Reconciliation Act (COBRA), Affordable Care Act (ACA), and Health Insurance Portability and Accountability Act (HIPAA). Third-Party Carrier Integration Access a unique marketplace of benefits products provided by third-party carriers. Select from pre-built bundles or customize your own bundles within the system to offer to your employees. Show More ##### ## Platform Performance (2) Reporting Provides pre-built or customizable performance reports Monitoring Contains application performance monitoring capabilities Show More ##### ## Analytics - Lifestyle Spending Account (LSA) (2) Assessment The platform is able to gauge employee engagement through surveys or otherwise to determine benefit efficacy Analysis All behavioral and self-report data can be analyzed to find trends and patterns Show More ##### ## Platform - Lifestyle Spending Account (LSA) (4) Funding The amount of monthly stipend provided to employees is easily managed Market Diversity Services and activities that can be purchased by LSA funds have a variety of options to enable healthy behaviors Customizability The services and activities available for employees to purchase can be customized based on employee need or usage Reward & Incentive Healthy behaviors can be encouraged and promoted through the use of rewards and incentives Show More ##### ## Platform - Health Savings Account (HSA) (4) Evidence The platform is able to submit evidences to support reimbursement claims Funding Contribution into the HSA fund can be provided by both employer and employees Reimbursement The platform is able to process claims reimbursement and reimburse medical expenses based on acceptance Education There are materials within the platform that helps the user to realize what purchases are eligible for purchase using HSA Show More ##### ## Data - Health Savings Account (HSA) (2) History Can track the history of expenses and contributions by employer and employees Analysis Can analyze HSA usage of employees based on purchasing habits and claims usage Show More ## Top-Rated Alternatives [ ![Benepass](https://images.g2crowd.com/uploads/product/hd_favicon/e73ef94201f011f1cfed0ab1dd34cf44/benepass.svg "Benepass") Benepass 4.8/5 (170) ](https://www.g2.com/products/benepass/reviews) [ ![Rippling](https://images.g2crowd.com/uploads/product/hd_favicon/49f7d8e6cbfe097f90afa19d824891bc/rippling.svg "Rippling") Rippling 4.8/5 (11,446) ](https://www.g2.com/products/rippling/reviews) [ ![Asure](https://images.g2crowd.com/uploads/product/hd_favicon/28940043c8552e3542ea048943a4390c/asure.svg "Asure") Asure 4/5 (383) ](https://www.g2.com/products/asure/reviews) [ View All Alternatives ](https://www.g2.com/products/formabenefits/competitors/alternatives) Forma Comparisons ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_03c68dace37c7bc081c7d27fce576893/benepass.jpeg "Product Avatar Image") Benepass 4.8/5 (171) [ Compare Now ](https://www.g2.com/compare/benepass-vs-formabenefits) ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_62c6cbf7d82700d184629a652fdb1c82/wex-benefits.png "Product Avatar Image") WEX Benefits 3.7/5 (84) [ Compare Now ](https://www.g2.com/compare/formabenefits-vs-wex-benefits) ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_ddc630338c8898efc529d30002a38854/thrivepass.png "Product Avatar Image") ThrivePass 4.1/5 (21) [ Compare Now ](https://www.g2.com/compare/formabenefits-vs-thrivepass) ##### Categories on G2 [ Benefits Administration ](https://www.g2.com/categories/benefits-administration)[ Benefits Support ](https://www.g2.com/categories/benefits-support)[ Lifestyle Spending Account (LSA) ](https://www.g2.com/categories/lifestyle-spending-account-lsa) [ Health Savings Account (HSA) ](https://www.g2.com/categories/health-savings-account-hsa) Show More ##### Explore More [ Which financial consulting firms specialize in industry-specific cost reduction and financial performance improvement? 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