Benefitsolver vs Forma.ai
Benefitsolver
businessolver.com
Forma.ai
forma.aiSide by side
| Figure | Benefitsolver | Forma.ai |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| Plans published | 1 | 3 |
| Spec score · Employee Benefits Support Software | 7.7 (#6) | 7.9 (#4) |
| Compliance | Benefitsolver supports ACA compliance and tracking, QMCSO administration, COBRA requirements, Transparency in Coverage compliance and WCAG platform accessibility. | Forma.ai says it undergoes annual certifications and audits for SOC 1 and SOC 2 compliance. |
| Headquarters | West Des Moines, Iowa, United States | Toronto, Ontario, Canada |
| Integrations | Benefitsolver automatically transfers employee elections and related information to carriers and third-party platforms without manual intervention. | 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 MyChoice Benefits App lets employees view plan details, enroll, upload documentation, manage claims, submit reimbursements and receive employer messages and tasks. | Forma AI is available as an Android app on Google Play. |
| Privacy | Businessolver says it does not sell personal information and shares it only as necessary to perform services or as permitted by contract. | Forma.ai states that its privacy practices comply with region-specific laws including GDPR and CCPA. |
| Security | Businessolver states that Benefitsolver is HITRUST certified and uses multiple layers of physical and technical security. | Security controls include vulnerability management, user authentication checks, third-party penetration testing, and encryption for data at rest and in transit. |
| Support | Benefitsolver is supported by high-touch service and member advocates using phone, chat and email technology. | Forma.ai lists phone support at +1 (833) 367-6224 and email support at [email protected]. |
Plans
Forma.ai
- AI-ConfiguratorPriced on request
- CompOps PlatformPriced on request
- Onboarding & ImplementationPrice not published
In their own words
Benefitsolver
Benefitsolver is Businessolver’s benefits administration and engagement platform for year-round benefits management. It supports configurable experiences for new hires, active employees and retirees, with enrollment and eligibility rules, life-event enrollment, retiree administration, COBRA and direct-bill administration, payroll deductions, billing, financial reporting, verification, analytics, communications and consumer-directed healthcare administration. Listed plan types include HSA, FSA, HRA, retiree HRA, commuter benefits, tuition reimbursement, student loan repayment, adoption assistance, surrogacy assistance and lifestyle spending accounts. Compliance functions cover ACA tracking and reporting, QMCSO administration, COBRA requirements, Transparency in Coverage and WCAG accessibility. Sofia provides machine-learning assistance by phone or chat 24/7. The MyChoice Benefits App supports plan details, enrollment, document uploads, claims, reimbursements and employer messages. Benefitsolver runs on Android, iOS and web, with integrations that transfer elections to carriers and third-party platforms.
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.