The Affordable Care Act’s (ACA) “Play or Pay” rule requires large employers to offer health plan coverage to their full-time employees or pay a federal tax penalty that can result in significant financial burdens.
Between analyzing full-time equivalents, figuring out those pesky tax codes, and ensuring the IRS and employees are reported to on time, you might find yourself looking for a consolidated system to manage your data.
InfinityHR has created a dynamic module with the thought of retaining time while escaping the hassle of a burdensome integration. By utilizing your existing data, you are able to save crucial time by producing reports and forecasts that can be sent to employees and the IRS within minutes.
Simplify Your Data with InfinityHR’s Enterprise Platform!
Knowing the fast paced and nontraditional schedules of the typical HR employee, time is truly of the essence. Utilizing a platform that consolidates and simplifies your core data and HRIS modules will save you time and reduce unnecessary leg work. This was the idea in mind when we develop a true enterprise platform that organizes your personnel data in a uniquely robust yet simplistic structure.
InfinityHR’s Enterprise Platform is a robust one-stop solution for all of your benefits and payroll needs, including:
- Applicant Tracking & Onboarding
- Advanced Reporting
- Benefit Management
- Employee and Manager Self-Service
- Performance Management
- Time & Attendance
- Time Off Tracking
- Worflow Management
The required data to effectively manage and report ACA compliance can be intimidating, which is why utilizing an enterprise platform is key. With Infinity HR’s ACA module you won’t need to worry because most of your data is already housed here!
Infinity’s ACA module uses your already existing data to analyze employees, down to their benefits, compensation and demographics to effortlessly produce and transmit all 1094s and 1095s to your staff and IRS, leaving your HR team free to focus on their core responsibilities.
InfinityHR has created a comprehensive ACA Reporting Package that contains the information you need to comply with ACA regulations. Our reporting package includes the following services and features that can help you meet the ACA requirements.
ACA Module Features
- Ability to offer employees coverage at the click of a button
- FTE/ALE forecasting
- Personalized ACA profiles
- Easy access for employees
- Multiple EIN reporting
- 1094/1095 B/C generation
For more information on how InfinityHR can help you stay compliant with ACA requirements, please contact us at firstname.lastname@example.org or call us at 1-866-TRY-HRMS.