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technology:
about perquisite™
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We developed Perquisite™, our award winning platform, for the online delivery and presentation of total reward statements, pension modelling and enrolment, flexible, standard and voluntary benefits, and benefits administration.
Perquisite™ is available to organizations - either in conjunction with our other services or as a technology only solution.
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Employees log on to view their total reward statement, model their complete future pension provision, and if they are eligible, flex, buy benefits, or check the balances of their flexible spending account.
The selection of benefits by employees is supported by our powerful and completely configurable workflow functionality, which replaces tedious paper form filling with simple online forms, and places the onus on employees to complete the necessary tasks in order to establish their selections.
The member site has been carefully designed to enable it to be fully branded to your organization's look and feel and wording requirements without the need for any coding or impacting the ability to receive regular upgrades to the software.
Administrative access
Perquisite™ has been designed to significantly simplify and reduce the administration involved in managing employee benefit schemes. For the HR or Payroll Administrator, it facilitates the monthly process of sending changes to employee data to our system and then updating your Payroll application with any necessary adjustments to pay in line with changes to employees' benefit selections.
Its comprehensive report writer provides the information necessary to report on all changes of data as well as simply to monitor the success of the site and your benefits package. As well as a comprehensive suite of standard reports, new reports can be created using the simple built-in report writer and all reports can be automatically scheduled and run via email.
We use the latest Microsoft .net technology in our solution which is developed and supported by our own team comprising some of the best technical, benefits, HR and payroll integration knowledge in the industry.
Holiday planner
Employees can view their holiday entitlement, apply to go on annual leave or view their holiday plans. Requests for leave are emailed to line managers for their approval or rejection. Line Managers log in to complete this.
There is a full reporting facility to show holiday taken and planned. Where you are running a flexible benefits programme, the holiday planning module will be automatically updated when an employee flexes their holiday entitlement.
Online Payslips
Employees can view and print their payslips online, potentially alleviating the significant cost and burden of paper-based payslips and furthermore encouraging repeat visit to the site so that employees can also see their total reward statement and understand the full value of their remuneration package.
Claims Administration
Depending on the design of the employee benefit program, a claim administration system could be set up to manage expense-based benefits that require a claim administration system. These could be in the form of a flexible spending account or a medical spending account for individual employees.
This system has the following features to help employee manage their spending account effectively and efficiently:
Online claim submission;
Real-time tracking of submitted claims;
Historical claims records; &
Real-time tracking of spending account balance.
There is also a full claims reporting facility for the employers providing meaningful management information to assist with decision making regarding the benefit.
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