BenefitWerks vs Optavise

Compare and evaluate BenefitWerks vs Optavise based on data from reviews, publicly available sources, and thousands of searches run on Shortlister’s app sign up for a free account.

BenefitWerks offers Benefits Administration, Enrollment Services, ACA Management to companies with 1,000,000 employees. Optavise offers Benefits Administration to companies with 2,000,000 employees.

The information in these side-by-side comparisons can be used to help your company make the best choice for its employees.

BenefitWerks

BenefitWerks

Reviews pending
Optavise

Optavise

4.6 (11)

Product Description

BenefitWerks

The BenefitWerks system offers a robust and flexible online administration and enrollment solution for its employee benefit needs. The system... Show More

Optavise

We offer a multimodule benefits enrollment and administration system to help manage, communicate, and enroll employees in the benefits process.... Show More

Min. Group Size

BenefitWerks

-

Optavise

100 eligible

Lives Serviced

BenefitWerks

-

Optavise

882,668

Product Specific Features

BenefitWerks

✓

Benefits record management

✓

Enrollment management

✓

Decision support tools

✓

Payroll deduction calculator

✓

Deduction calculations

✓

Benefits calculations

✓

Cost calculations

✓

Total compensation statements

✓

Enrollment changes

✓

Automatic benefit changes

✓

Customizable retiree rules

✓

Customizable dependent and beneficiary rules

✓

Wellness and surcharges

✓

System integration

✓

Direct billing

✓

Imputed income calculations

✓

QMCSO administration

✓

Retroactive/arrears processing

✓

Carrier billing

✓

Carrier reconciliation

✓

Carrier remittance

Optavise

✓

Benefits record management

✓

Enrollment management

✓

Decision support tools

Not offered

Payroll deduction calculator

✓

Deduction calculations

✓

Benefits calculations

✓

Cost calculations

Not offered

Total compensation statements

✓

Enrollment changes

✓

Automatic benefit changes

✓

Customizable retiree rules

✓

Customizable dependent and beneficiary rules

✓

Wellness and surcharges

✓

System integration

✓

Direct billing

✓

Imputed income calculations

✓

QMCSO administration

Not offered

Retroactive/arrears processing

✓

Carrier billing

✓

Carrier reconciliation

✓

Carrier remittance

Features

BenefitWerks

✓

Employee self-service

✓

Manager self-service

✓

Global capabilities

✓

iOS native application

✓

Android native application

✓

Responsive design

✓

SaaS / Cloud-based

✓

Dashboard analytics

✓

Third-party integrations

✓

SOC audit(s) performed

Optavise

✓

Employee self-service

✓

Manager self-service

✓

Responsive design

✓

SaaS / Cloud-based

✓

Third-party integrations

✓

SOC audit(s) performed

Official Resources

BenefitWerks

Optavise

Media

BenefitWerks

Optavise

About

BenefitWerks

BenefitWerks was established in 2012 by a group of HR and Benefits Technology professionals. BenefitWerks delivers smart HR software solutions... Show More

Optavise

Optavise is your trusted partner, guiding employees through their healthcare choices with a cohesive suite of voluntary benefits, benefits administration... Show More

Founded

BenefitWerks

2012

Optavise

02/2001

Location

BenefitWerks

Jacksonville, Florida

Optavise

11299 Illinois St Suite 200, Carmel, IN 46032

Employees

BenefitWerks

Optavise

300

Funding Summary

BenefitWerks

Not Provided

Optavise

Not Provided

Website

Reviews

BenefitWerks

0.0 (0)

Optavise

4.6 (11)

×
?

Need Help Choosing?

Our specialists can help prioritize the criteria that matters most and narrow the field.
Setup a Free Consult

×