Regulatory compliance is becoming an increasing focus in the HR profession. From the Affordable Care Act in the U.S. to mandates requiring business-to-government reporting of detailed personnel data for all individual employees, benefits and HR requirements are changing rapidly across the globe. These new requirements are necessitating changes to traditional HR processes, and taking valuable time and resources away from more strategic HR initiatives.
For HR and employee benefits professionals concerned about accuracy and efficiency with required government reporting, the Sovos Intelligent Compliance Cloud is the only software platform capable of safeguarding against the risk of errors and burdens. Since Sovos is flexible enough to manage files and manipulate data into the necessary formats, HR and benefits teams can focus on their core functions, removing these daunting tasks from their plates.
Reduce error and risk in meeting HR reporting obligations with automatic updates and the highest level of security.
Import data easily, in almost any format, and eliminate the need to manipulate data for prescribed formats.
Achieve greater accuracy
Decrease time spent correcting errors with improved accuracy and automated processing.
Improve internal visibility
Create a clear audit trail with full internal visibility into company information, benefits and changes.
Meet all requirements and deadlines
Fulfill reporting obligations across the globe from a single interface.
Sovos ACA Reporting
Sovos reduces errors – and the significant amount of time spent correcting them – and increases productivity in compliance with the Affordable Care Act (ACA).More
Sovos gives HR and benefits professionals working in organizations of all sizes greater efficiency and improved accuracy in fulfilling ACA and regulatory reporting obligations.
Our combination of accurate, responsive legislation updates, nimble software, industry expertise and centralized infrastructure gives employers confidence that they are in compliance with the latest requirements. By keeping businesses ahead of legislative change, the Intelligent Compliance Cloud offers HR and benefits teams the freedom to focus on their company objectives and employees, with confidence in knowing that their compliance obligations are being accurately fulfilled.
Goodman Success Story
Goodman successfully achieved compliance and gained valuable flexibility within HR by using the Sovos ACA solution.