No surprises: Payroll deduction really is smooth
Corestream® doesn’t just enable employers to provide voluntary benefits via payroll deduction, it does so in an optimized way that eliminates all of the typical problems.
How does Corestream® do that?
By combining cutting-edge technology and exclusive partnerships with payroll solutions like ADP to create seamless integrations.
Advantages of Corestream’s payroll deduction solution
We pride ourselves on having a payroll deduction solution that suits all of our client’s needs.
Here a few ways Corestream® does that:
Payroll Slot Management
We manage a singular payroll slot to facilitate the billing of several payroll deduction benefits.
Simplified Interface
We simply require one interface between your team and our staff. We then open up multiple interfaces on the back end for an unlimited number of vendors to plug into.
Premium Reconciliation
We accept a lump sum dollar amount that includes all payroll deductions for all employees, and then distributes the monies to the benefit vendors featured on the platform according to participation.
Leave Management
If an employee misses a payment, or is on leave, no worries – we update the amount in the next paycheck to account for that missed deduction.
Increased Scalability
Our billing solution is incredibly scalable and is able to support an infinite number of benefits and products. This is designed to provide flexibility to enable you to add or remove vendors without engaging your IT resources. We handle it all on our end.
Reporting
Employers and vendors now have easy access to real time reporting for employee deductions, eligibility, file processing, schedules, premium reconciliation, participation and more!
Schedule a Demo
Want to see a real-life example of Corestream’s user interface? Contact your broker or fill out the form below to schedule a demo.