Benify vs Optavise

Compare and evaluate Benify 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.

Benify offers Benefits Administration, Employee Engagement Platform, Benefits Decision Support to companies with 2,000,000 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.

Benify

Benify

Reviews pending
Optavise

Optavise

4.6 (11)

Product Description

Benify

-

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

Benify

1,000 eligible

Optavise

100 eligible

Lives Serviced

Benify

2,000,000

Optavise

882,668

Product Specific Features

Benify

✓

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

Not offered

Direct billing

Not offered

Imputed income calculations

Not offered

QMCSO administration

Not offered

Retroactive/arrears processing

Not offered

Carrier billing

Not offered

Carrier reconciliation

Not offered

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

Benify

✓

Employee self-service

✓

Manager self-service

✓

Global capabilities

✓

GDPR Compliant

✓

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

Benify

Optavise

Media

Benify

Optavise

About

Benify

Engage your employees, anywhere, anytime with Benify's market-leading global benefits and total rewards platform. Our platform helps employers create an... 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

Benify

2004

Optavise

02/2001

Location

Benify

Apelbergsgatan 33A 111 37 Stockholm

Optavise

11299 Illinois St Suite 200, Carmel, IN 46032

Employees

Benify

550

Optavise

300

Funding Summary

Benify

15M

Optavise

Not Provided

Website

Reviews

Benify

0.0 (0)

Optavise

4.6 (11)

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