The value of Benefitfocus: Cloud-based software for benefits administration

May 28, 2014 - Research O109

Benefitfocus HR InTouch Marketplace provides customers with a centralized, cloud-based platform for automated benefits administration, compliance checks, and management. While entry-level solution partners provide automated benefits administration, the company mainly replaces large service bureaus with a cloud-based solution that customers can use to reduce time and errors in communications, increase productivity in benefits management, and reduce the cost of labor and resources in benefit plan administration.