Custom Billing
Solutions

Your business has its own challenges, processes, and goals — an out-of-the-box approach isn’t going to cut it. We take the time to listen, learn, and offer a solution tailored to your needs.  

Custom Billing
Solutions

Your business has its own challenges, processes, and goals — an out-of-the-box approach isn’t going to cut it. We take the time to listen, learn, and offer a solution tailored to your needs.  

Find Your Solution

Why You’ll Love Beneration

Beneration has a long history of providing various financial solutions for the employee benefits industry. We’ve seen it all, and we can help you build a custom process backed by industry-leading software and an expert team.

Focus on People

When you aren’t stuck behind paperwork, you can spend time helping your organization and employees grow.

Save Time

No more endless clicking, toggling, and comparing. Our automation and consolidation have you covered.

Reduce Errors

Ensure that employees have the exact coverage that they signed up for and your company is paying exactly what you owe.

Lower Costs

Our simplicity and accuracy lead to bigger savings and better results for your organization.

Case Study

Welcome Savings and Solutions

Read on to learn how a Beneration custom benefits billing solution helped a nationwide network of name-brand hotels find big savings and better accounting practices.

The Challenge

In November of 2018, we began working with a large hotel ownership and management group based out of Atlanta. The company frequently acquires new properties, and in turn absorbs employees and existing benefit plans. With high employee turnover and frequent acquisitions, managing the transition of employee benefit plans was a challenge.

 

With just over 2,800 employees across 48 hotel and office locations, our client was spending around $360,000 in monthly premiums, network, and stop-loss fees on medical, dental, and vision lines.

Solutions and Savings

After auditing their November 2018 invoices, we identified an absolute value of $33,674.39* in discrepant monthly premium spend across all carriers and lines of coverage. This equated to 9.29% of their entire monthly employee benefit expenses.

 

Assuming the client would have continued incurring the same errors month over month, our discrepancy identification process saved them more than $400,000 annually — far exceeding the cost of our service.

An Accounting Upgrade

We not only delivered savings, we monumentally improved this client’s accounting process. In 2018, they ran an annual end-of-year analysis to determine a flat rate that each property would contribute to employee benefits. Each property would then pay the same amount throughout the rest of the year.

 

We implemented our cost allocation product and began allocating every dollar paid to carriers to the individual hotel property where it was incurred. This allowed our client to have spot-on accounting of their benefit spend and the power to invoice properties in real time beginning January 2019.

Get Started

Let’s write your success story.

We’re ready to create a custom billing solution for your business. But first, we have to connect. Contact us today.

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