Human Resource professionals know they must comply with health and welfare plan laws or else expose their company to significant potential liability. Unfortunately, Human Resource departments are being asked to do more with less, and most lack the time, money and resources to ensure these obligations are performed timely and accurately. Compliance Dashboard uses web technology to simplify this labor and time intensive process. Its multifaceted approach provides the compliance information you need, when you need it.
Compliancedashboard uses a multifaceted approach toward assuring employer compliance with the laws that regulate health and welfare plans.
Where do I find the information I need? Employers often struggle with determining what laws affect their plans and what steps they must take to comply with them. While there is a vast amount of material available, identifying trusted sources and pulling together the right information requires considerable time and research.
Compliancedashboard gives you all the information you need in one easy-to-navigate web site. What's more, the information is relevant. It is written in plain English and tells you exactly what you need to know as an employer.
What do I need to do and when do I need to do it? Finding the correct laws is just the first step in the process. Employers are frequently overwhelmed as they attempt to process compliance information, and then determine how and when to apply it.
Compliancedashboard breaks down an employer's compliance responsibilities into clear and understandable topics, which are summarized on a compliance calendar. Employers receive email reminders to review these topics as appropriate. If a compliance topic is date sensitive, an employer will receive all of the information they need at the right time to complete the task. In short, it gives employers the compliance information they need, when they need it.
Who will make sure it gets done? The compliance process often breaks down after an employer determines that a compliance task is required. Other priorities arise and the task is put on hold and sometimes forgotten. In addition, Human Resources site leaders may not understand their role in executing a compliance task or forget to pass out required notices.
Compliancedashboard monitors compliance by requiring a response from users after an activity is completed and sends out automated reminders when a required activity is past due. The Home page gives each user an at-a-glance view of the status of each compliance task. In addition, an Administrator in a multi-location group can easily monitor the status of all users assigned a compliance task.
How do I document our compliance efforts? Whether for internal review purposes, or to submit to an outside agency or court, employers need the ability to document the procedures they have established and the compliance actions they have taken. Unfortunately, very few employers take the time to record their compliance efforts and find themselves at a loss when this information is requested.
Compliancedashboard maintains on-going reports of compliance activities with dates, names and acknowledgements. These reports can clearly demonstrate an employer's good faith efforts to comply with applicable laws and regulations. They can also be used internally to identify potential problem areas.