Key Strategies To Reduce Benefits Spend

Key Strategies To Reduce Benefits Spend

On average, US organizations spend $10,000 to $15,000 per employee on benefits annually. In this session, walk through 5 powerful benefits business cases that can reduce benefit spend by $100s per employee while delivering high levels of service. Each benefits business case will be validated with client examples and lessons learned to help avoid pitfalls. By joining, you will:
• Review 5 key drivers of employer benefits cost savings and identify which business cases you can implement, including digitalization of paper processes, dependent verification audits, consumer-driven health plan adoption, vendor enrollment and billing reconciliations, and regulatory compliance
• Generate a business case around employee benefits cost savings that can fund an entire SAP HR digital transformation program
• Identify the driving factors and see example savings calculations per business case and learn how to apply the savings model to your own organization
• See examples of how SAP technologies, including SAP ECC and SAP Cloud Platform, can be used to deliver these business cases

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