Workday Benefits vs. Forma

Workday Benefits provides administrators with unparalleled flexibility and control, to easily design and update global benefits plans with effective-date changes. It acts as a single source for all data, seamlessly integrating with core HR to automate benefits rollout and instantly reflect employee status changes without manual re-entry. Workday offers robust compliance support for regulations like ACA, eliminating the need for complex integrations, manual calculations, or form generation. This significantly reduces administrative burden and ensures accuracy.

Companies spend millions annually on employee benefits that employees neither value nor regularly use. Founded in 2017, Forma set out to build a better model by challenging traditional one-size-fits-all approaches. Forma’s flexible benefits software helps companies offer competitive benefits packages while reducing costs and inefficiencies, by giving employees more choice and flexibility in how they spend their benefit allowances. The platform also saves HR professionals countless hours managing and supporting various point solutions.