RepayMe.com
RepayMe is an online Reimbursement Account (FSA/HRA/HSA/TRA) administration Software as a Service for Third Party Administrators and Plan Sponsors offering a choice of debit cards automatically integrated in real-time to the platform and providing 24/7 access to participants, employers, and administrators. RepayMe offers less work and lowered costs as compared to traditional software solutions.
Features
- » Software as a Service
- » Integrated Real-Time Debit Card (Smartflex/mbi/Benny)
- » 24/7 Participant Self-Service, including online elections and claim entry
- » 24/7 On Demand Reporting for Employers
- » 100% Rules-Based to accomodate reimbursement plan nuances
- » Outsourced Reimbursement Processing including checks, direct deposit, and payroll interface
Supported Technologies
ASP Hosted, Web-Based (Browser)
Click on a technology to view similar products within this category.
Pricing
Other
3990 to 6990
sales@repayme.com
866-484-2650 x1
Pricing is based on a one-time initiatlization fee plus a variable per active plan participant per month fee decreasing based on total lives.
Resources
Additional Product Information
* Application Service Provider (ASP) / Software as a Service (SaaS) Model: No software to install or maintain, no cost for additional licenses, reduced computer hardware and IT needs and costs
* Private Label Online Portal(s): RepayMe can be customized on a global basis for all/some clients (great for smaller groups) or modifications can be offered down to the employer level with custom text and links to corporate intranet web pages or documents
* Distributed Work Flow: Participants can enter claims and elections online and RepayMe can run the reimbursement processing reducing costs by 50% or more
* Integrated Debit Card: RepayMe offered the industry's 1st real-time automated interface with a debit card. All three leading financial institutions ¡V Motivano/Smartflex, Metavante/mbi, and Evolution/Benny are linked in real-time with the RepayMe platform. Information is automatically shared between platforms, keeping both up-to-date.
* Reduced Exception Processing: RepayMe will prescreen claims entered by the participant to verify eligibility and check for duplicates
* Automated Email Communication: reduces labor, material, and postage costs while keeping participants informed
* Employer Self-Service: You can set the level of administrative access for each employer client to allow employers to run their own reports, answer their own questions, and more
* Outsourced Back Office (optional): Account updates, claim processing, check issuance, payroll interface, Direct Deposit and debit card updates can be handled by RepayMe so you can focus on other aspects of managing your company.