Taking control of Section 125 Flexible Spending Account
(FSA) Administration is a breeze with PowerFlex. With one easy to use program
you can track payroll deductions, accumulate qualifying expense claims, print
employee reimbursement checks, and print detailed reports. PowerFlex functions
independently or works in full integration with Sage Abra HRMS.
Full FSA Plan Administration:
Administer FSA plans from start to finish - from Plan setup to Claims
to Reimbursement Checks, PowerFlex does it all!
Data is maintained in one database, thereby eliminating synchronization headaches.
Easy administration of Flexible Spending Accounts for multiple employers,
multiple bank accounts, and multiple Plans.
Claim entry is a simple one screen procedure.
Plan history and current status are readily available or all participants.
Full automation and documentation of terminations and family status changes.
Dependent Care reimbursements to employee’s contributions-to-date,
calculated and processed automatically.
Instant Information:
PowerFlex Software automatically updates and
maintains plan information as you make changes–
never wonder about a participant’s Plan Balance! It
will always be up-to-date and easy to access.
Own and access your information 24 hours a day, 7
days a week without ever having to worry about third
party administration charges for extra reports.
Allows for easy viewing of participants and all plan
information down to individual transaction details.
Effortless access to current and historical information.
Intelligent Design:
PowerFlex Software features extensive claim
verification tracking to ensure that all claims:
are incurred during the selected plan year
are submitted before end of the grace period (process
last year and current year simultaneously)
do not exceed the Plan Maximum or available balance
are not duplicated
These verifications ensure transaction conformity to
your FSA's parameters and IRS requirements.
Detailed Reporting:
Quick, easy access to information with our
comprehensive set of standard reports.
Powerful built-in ad hoc reporting engine allows
instantaneous access to a variety of up-to-date
reports within seconds of inputting or
printing claims.
Integrated check writing documents claim detail and
plan summary information, including annual maximum
and available balance, on the check stub.
PowerFlex Software's check reimbursement process
allows for partial reimbursements. PowerFlex
Software can automatically calculate and limit
dependent care reimbursements to the available
balance while keeping the remainder for the next
check process. All with no effort or calculation on your part.
Abra Integration:
Sage Abra HRMS® integration allows employees to be
pulled over and automatically updated from Abra.
Changes to employee demographics in Abra are
automatically updated in PowerFlex.
Deduction setup is done once annually and includes
deduction code setup/modification in Sage Abra
Payroll.
Plan Year Calendars:
Plan Year Calendars minimize administrative work by
allowing you to define an entire year’s payroll at
one time.
Unlimited calendar setup accommodates both fiscal
and calendar years as well as multiple payroll
frequencies, eliminating individual pay period
processing.
Flexible calendar setup lets you change Payroll dates mid-year.
