Side by side
Benefitsolver vs Forma
Both stand on benefits administration software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.
Paid AndroidiPhoneWeb
Choose Benefitsolver if you need benefits administration for employees and retirees, with enrollment, eligibility, COBRA and payroll functions alongside a mobile employee app. It may be harder to assess against a budget upfront because pricing requires contacting sales, and there is no free plan.
Visit Benefitsolver
Paid AndroidAPIiPhone+1
Forma combines customizable employee benefit accounts with several ways for employees to use them and tools for administrators. Organizations should request pricing and note that banking services are provided by Thread Bank.
Visit FormaThe facts
| Benefitsolver | Forma | |
|---|---|---|
| Free plan | No | Not published |
| Open source | Not published | Not published |
| Runs on | Android, iPhone, Web | Android, API, iPhone, Web |
| Lowest paid plan | Free or on request | Free or on request |
| Plans published | 1 | 1 |
| Maker | Not published | Not published |
| Website | businessolver.com | joinforma.com |
| On benefits administration software | #10 of 48 | #14 of 48 |
Benefitsolver: what it does well
- Configurable for new hires, active employees and retirees.
- Supports life event enrollment and eligibility rules.
- Administers COBRA and payroll deductions.
- Offers a broad range of benefit types, including HSA, FSA and HRA.
- Sofia provides phone or chat assistance 24/7.
What to know first
- There is no free plan.
- Pricing is available on request through sales.
Forma: what it does well
- Configurable account types, eligibility, and funding rules
- Supports HRA, HSA, FSA, commuter, and lifestyle accounts
- Employees can use a store, card, or reimbursement
- 40+ HRIS integrations, plus SCIM and file feeds
- Dashboard reports budgets, usage, and claim approvals
What to know first
- Pricing is available on request
- Forma is not a bank; Thread Bank provides banking services
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