In the sector of Group Benefits, manual management of source deductions and taxable benefits often represents a major challenge for employers. Historically, this management has been facilitated by Segic through the creation of a generic file. Today, Segic takes another step forward by offering an even more advanced feature.
Starting in August 2024, thanks to improvements made to the Segic platform, employers using the services of Nethris will benefit from the automatic generation of deduction and taxable benefit files in Nethris format. This feature will be accessible directly through the Segic client portal and can be configured according to the frequencies chosen by each company and each division.
What are the benefits for employers?
Data Synchronization between Segic and the Payroll System
Having the same data between Segic and your payroll system greatly improves information accessibility. Additionally, data entry errors are minimized, thereby improving payroll processing quality.
History of Transferred Files
Maintaining a complete history of transferred files is important for several reasons such as traceability, compliance, and the ability to revert to an old file if necessary.
Elimination of Manual Errors
Manual data entry often involves a lot of errors. Exporting data directly into your Nethris payroll software significantly improves data quality.
Reduction in Administration Time
The proposed integration with Nethris reduces the administration time for your company and allows you to focus on more important tasks. The automatic generation of these files also offers increased flexibility for employees in selecting their benefits, ensuring that choices better reflect their individual needs.
Why choose Segic for your Group Benefits?
Since the Covid-19 pandemic, we have seen the field of group insurance rapidly evolve towards programs offering a wide range of wellness and individual benefits, which can be deducted directly from the paycheck. Segic was designed to support this transition, allowing employers to create flexible group programs adapted to various intergenerational needs and facilitating the updating of salary deductions.
An Important Milestone for Segic and its Clients
The addition of this new feature marks an important step for Segic, as well as for its clients and the many employers who use our platform. If you are an employer, we encourage you to ask your group insurance broker how to access this feature that will transform your benefits management. If you are an intermediary, such as an insurer, broker, actuary, or union, contact us directly to discover how Segic can enhance your service offering.
Segic: Innovative for You
With a significant number of employers using Nethris in Quebec, we are proud to support their needs with solutions that simplify the management of Group Benefits and improve the experience of both employers and employees. At Segic, we are committed to providing you with tools that not only meet your expectations but exceed them, allowing you to stay ahead in a constantly evolving market.
For more information
Danny Boulanger
Email: dboulanger@segic.ca
Phone: 514 880-7704
www.segic.ca
