Benefitfocus Launches Enterprise HCM API Data Exchange Capabilities

July 17, 2019

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Editor’s Note: As the leader in HCM technology consulting services, HRchitect is a founding System Integration (SI) Partner with Benefitfocus, serves on their SI Advisory Committee, and has been involved in more implementations than any other partner. Our Benefitfocus experience includes Project Management, Implementation, Portal Development and Ongoing Support, Process Analysis/Redesign, Training, Integration, and Change Management.

API data capabilities create seamless experience and simplify benefits ecosystem connections

Charleston, S.C. – July 17, 2019 – Benefitfocus, Inc. , a leading cloud-based benefits management platform and services provider, announced today an expansion of its enterprise data exchange capabilities focused on human capital management (HCM) software API integrations. Leveraging the company’s position as the benefits industry data standard, as chosen by the global insurance industry data standards body, ACORD, Benefitfocus is expanding its data exchange capabilities to address HCM API integrations. The move supports Benefitfocus’ multi-year, multi-million-dollar investment in world-class data.

Benefits enrollment and administration is a critical component of the employee lifecycle and, until now, employers have struggled with heavily manual processes, SFTP interactions, process batches, latency and data sync challenges. Benefitfocus’ enterprise HCM API approach addresses these issues and removes points of friction that have challenged the seamless integration of benefits enrollment and administration offerings into enterprise HCM solutions. Through this innovation, employers who utilize contemporary HCM platforms for certain human resources processes will benefit through seamless integration of data, business process and user experience functionality.

“Our enterprise HCM API approach will enable deeper integration across solutions, giving customers a single system-of-record experience,” explains Jim Restivo, Chief Technology Officer of Benefitfocus. “We have developed a real-time data exchange approach that can be used across HCM solution providers, while still allowing customers to subscribe to a world-class point solution.”

Ray August, Benefitfocus President & CEO, adds, “We are focused on eliminating manual operation pain points across the benefits ecosystem to save customers time and money. Ultimately, this drives higher data accuracy and translates into a better experience for both the benefits administrator and the employee.”

Earlier this year Benefitfocus was recognized as a benefits industry innovator from multiple integration partners for its commitment to excellence, impact and collaboration in transforming the benefits industry. The company expects to make its enterprise HCM API generally available later this year.

 

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To learn more about HRchitect and how we can help your organization with your Human Capital Management (HCM) technology needs, please request a consultation. As the leader in HCM Systems strategic consulting, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation and selection, change management, implementation, project management, client-side implementation assistance, and ongoing support of HCM systems of all types including Talent Acquisition, Talent Management, Learning Management, Workforce Management, Time & Attendance, Benefits, Core HR/Payroll, and more. Over the past two decades, working with over a thousand clients of all sizes and industries across the globe, our knowledge of best practices continues to expand and our experience is vast and unsurpassed. We have expertise around all major HCM systems including Benefitfocus, Ceridian, IBM Kenexa, Kronos, Oracle, Saba, SAP, SuccessFactors, Taleo, Ultimate Software, WorkForce Software, and more. HRchitect is a name you can trust for all of your organization’s HCM technology-related consulting needs.

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