A key component to successful ACA tracking and reporting is finding a solution that goes above and beyond to help employers overcome the complexities of ACA compliance. ACAwise is that solution, not just for Applicable Large Employer (ALE), but also for all Third Party Administrator (TPAs) tasked with ensuring ACA compliance.
With a customer satisfaction rating of over 98% for our timely, secure ACA reporting process, we're now providing ACAwise as a full-service ACA compliance solution.
This ACA compliance software is designed to deliver a full-service solution for both ALEs and TPAs. From the flexible data capture for IRS reporting to detailed data analysis and modeling providing strategic forecasting reports, you won't believe all the amazing features ACAwise has to make your ACA compliance as simple as possible!
Managing ACA compliance is time consuming and complicated task that can detract attention from your business. ACAwise simplifies the responsibilities of ALEs by interpreting your data and keeping you updated on the compliance status of each of your employees.
ACA regulations are a new challenge for tax season, and the requirements are getting more and more complicated. The risk for rejection is high and, as a TPA, you're liable for providing a proven ACA solution to your clients. And what better solution to offer them than the preferred solution of TPAs: ACAwise.
Employee eligibility and affordability is measured by various IRS-approved measurement methods. ACAwise uses state-of-the-art, flexible data capture technology to interpret your ACA info using these measurement methods to determine an optimal health care coverage plan for each of your employees.
ACAwise's automated process helps monitor employees' working hours, projects penalty estimation, forecasts insights, tracks employee status, and helps to generate ACA reports. All of this helps determine your best strategy for staying compliant with your employer and employee benefits.
As an IRS-authorized e-file provider, ACAwise begins the form generation process by scanning your data obtained during the compliance phase to ensure accuracy. The program then generates the appropriate codes to prepare your Forms 1094 and 1095. Once your forms are complete you can securely e-file them through ACAwise to the IRS and print and mail the forms to your recipients.
Based on the ACA data you've tracked all year, ACAwise creates Forms 1094 and 1095 for you to e-file your return right from your account.
ACAwise has flexible data capture which allows users to input data via API integration, bulk uploading any file type, or individually.
Various Measurement Methods - monthly, lookback, standard, and initial - help you stay on track with ACA reporting.
With Payroll Reporting, ACAwise determines the full-time status of each employee and the ALE status of the employer.
Receive monthly and yearly reports of full- and part-time employees with ACAwise.
With Eligibility Tracking, ACAwise tracks and manages your employee hours to determine who is eligible for coverage benefits.
ACAwise gives you a first look at any compliance issues and assesses your risk for an ACA penalty or fine.
Various Dashboards for eligibility tracking, an employer list, qualified employee recognition, and ACA penalty prediction help keep you ACA compliant.
With multi-user abilities, you can grant account access of varying levels for members of your staff.
ACAwise's software is cloud-based, so all of your information stays in one place.