Benefitfocus vs Forma.ai
Benefitfocus
benefitfocus.com
Forma.ai
forma.aiSide by side
| Figure | Benefitfocus | Forma.ai |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | — |
| Plans published | 2 | 3 |
| Spec score · Employee Benefits Support Software | 8.4 (#1) | 7.9 (#4) |
| Company size | LinkedIn lists Benefitfocus in the 1,001–5,000 employee range. | Crunchbase lists an employee range of 101–250. |
| Compliance | Benefitfocus states that its tools can support ACA compliance requirements. | Forma.ai says it undergoes annual certifications and audits for SOC 1 and SOC 2 compliance. |
| Headquarters | Charleston, South Carolina, USA | Toronto, Ontario, Canada |
| Integrations | The platform connects HCM, payroll, health-plan, carrier and other third-party systems through file exchange and APIs. | Forma.ai advertises more than 200 pre-built integrations for CRM, ERP, HRIS and other sources; another product page states 600+ available integrations. |
| Mobile app | The mobile app supports benefits access, enrollment, life event changes, document submission, year-round benefits shopping, and secure messaging; some health claims features require Health Insights. | Forma AI is available as an Android app on Google Play. |
| Rating on G2 | 4.2 out of 5 from 30 reviews | 4.7 out of 5 from 65 reviews |
| Security controls | Benefitfocus says it uses application, system and procedural controls to protect customer and member data. | The company lists vulnerability management, authentication checks, third-party penetration tests and encryption at rest and in transit. |
| What it does | Benefitfocus is a cloud platform for administering employee benefits, enrollment and year-round engagement. | Forma.ai is an AI-powered enterprise sales-performance platform combining sales planning with incentive compensation. |
Plans
Benefitfocus
- Benefitfocus Benefits AdministrationPriced on request
- Benefitfocus benefits administration platformPriced on request
Forma.ai
- AI-ConfiguratorPriced on request
- CompOps PlatformPriced on request
- Onboarding & ImplementationPrice not published
In their own words
Benefitfocus
Benefitfocus provides benefits-administration software for employers, health plans, brokers and the people they support. Employees use a personalized portal to compare plans, receive claims-based decision support, manage contributions and dependents or beneficiaries, and access benefits year-round. Administrator tools cover enrollment and participation, employee and dependent records, communications, reporting, data exchange, case management and documents. Supported plan types include health, dental, vision, life, disability, retirement, voluntary benefits and health accounts. APIs support integrations, including pre-integrations with HCM and payroll providers; insurance data can use LIMRA LDEx file or API exchange. The mobile app handles enrollment, life events, document submission, shopping and secure messaging, while some health claims features require Health Insights. Benefitfocus describes ACA compliance support, HIPAA safeguards and recurring SOC, PCI DSS and HITRUST assessments. Pricing is by consultation, with no free plan.
Forma.ai
Forma.ai is AI-powered enterprise sales compensation software that combines sales planning and incentive compensation. Its platform brings territory planning, quota setting, and incentive programs into one data platform. Users can configure incentive structures with AI-powered tools and guided templates without technical skills, then test changes through financial modeling and deploy modeled changes instantly. The platform can ingest, validate, clean, and transform data from an unconstrained number of sources; its homepage states it has 600+ pre-built integrations. Automated workflows cover compensation tasks, approvals, exceptions, and disputes. Reporting includes payee and performance results, accruals, commission amortization, compensation budgets, and performance forecasts. Forma.ai describes the product as built for complex go-to-market organizations and global enterprises. It says it undergoes annual SOC 1 and SOC 2 certifications and audits, and lists controls including encryption at rest and in transit. Pricing is available through tailored proposals; onboarding and implementation are a one-time fee. Forma AI is also available as an Android app.