You don't have to be an accountant to detect discrepancies in employee benefits bills. Tabulera simplifies the process by comparing carrier invoices to your payroll and enrollment systems, saving you time and preventing write-offs.
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STATISTICS
With thoughtful features that make mundane tasks easy, intuitive interface and a simple, predefined workflow, you’ll get the work done in a matter of minutes rather than days.
Keep all your benefit plan-related data in one place. Upload your invoices, payroll, enrollment, and COBRA files in PDF, CSV, or Excel format. Tabulera can also be set up to automatically retrieve data via API.
Tabulera automatically assigns a variance reason code to each item, allowing for a quick understanding of the suspected cause of the issue.
Tabulera creates employee plan-level transaction registers, so you have a clear balance history down to the penny, allowing for the proper collection or adjustments of premium variances.
The dashboard at the top of the page now shows the amounts of the beginning over and under collected premium variances and the Resolved transactions equal each other noting the successful reconciliation of the invoice.
Say goodbye to time-consuming benefits admin tasks and become the accuracy champion!
Follow a simple reconciliation workflow
NEW
Spend less time finding benefits billing errors
Quickly understand what caused an issue
See full history of employee and employer contributions and invoices
Get home in time
Ensure accuracy in financial reporting. Save thousands in write-offs.
Stop benefit write-offs
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Standardize the reconciliation process
Reduce the risk of enrollment errors
Get more done without overloading your HR teams
Allow non-accountants do the accounting work
Watch our demos today and take the first step towards a more efficient and effective benefits billing process
Starting with Tabulera is easier than you think
Schedule a one-on-one demo with our team and get an in-depth look at how our software can transform your benefits reconciliation process to support your benefit and accounting team.
It's crucial to frequently examine and reconcile benefit invoices to uncover differences, guarantee that employees receive accurate benefits coverage, and prevent overpayments to insurance carriers
Matching multiple systems, each of which may have different employee names, descriptions and enrollment or deduction codes can be a challenge.
Invoices may be received before or after the corresponding enrollment or payroll data is recorded, making it difficult to match them.
Companies with complex payroll structures, such as multiple departments or locations, can make it challenging to match invoices to payroll records accurately.
Self-billing may solve timing differences for enrollments and terminations, but it doesn’t eliminate the need to audit invoices against your enrollment or payroll platform. Enrollment and payroll setup mistakes can be a costly.
Lack of payroll deductions, sick leaves, missed first or last deductions from partial months of employment.
Similarly to how carriers may have inaccuracies in their list bills, errors in calculations can also occur in your self-bills, due to the intricate nature of eligibility and potential wash rule algorithms.
Your benefit or accounting team may be unaware that these calculation errors even exist if you are not reconciling these premiums against a third party invoice.
Whether you’re new to benefits reconciliation or back to see what’s new on the platform, we are happy to show you around.
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Discover the latest features in Tabulera’s Benefits Reconciliation Module
22 Feb 2023
The masterplan invoices now have an updated view that includes a list of all employees and the plans attached to them. There is an option to filter the list by plan type
14 Feb 2023
👋 Say hello to a new Workflow
We've overhauled our approach - now instead of beginning by choosing a plan or employer and then tackling a lengthy list of issues, you'll start by being able to reconcile one invoice at a time. This way, you won't have to wait for all invoices to be released by the carriers.
18 Jan 2023
The updated statistical dashboards showcase the under and over collected amounts, as well as a continually updated plan balances. Keep resolving discrepancies until the resolved amount matches the starting balance
