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Claimvantage


3.5
92
Employees
3
Locations
17
Years

Now part of the Majesco team

ClaimVantage, recently acquired by Majesco, is a leading international provider of life and health claim management software, as well as absence management solutions to insurance carriers, TPAs, and large employers.

Majesco is a global provider of cloud insurance platform software for the L&A, Group, and P&C market segments. We are the strategic partner insurers count on to deliver digital business transformation. We combine our technology, expertise and leadership to help insurers modernize, innovate and connect to build the future of their business - and the industry - at speed and at scale.

Review

Claimvantage publishes a SaaS that helps modernize HR processes. vv For more details about Claimvantage see the about page. When choosing your SaaS, one of the many things you will want to know is if the publisher will be around for the foreseable future. Sometimes it can be helpful to check out the careers page as a growth indicator. Many companies entrust Claimvantage with their HR software needs for better productivity. Claimvantage regulary publishes articles about good HR practices and new releases of its online software. The company has 92 employees. Claimvantage published it's first software in 2005.

Software features

HRIS, HRMS and HCMS

The HRIS system from Claimvantage helps organizations collect, store, and manage employee data. It’s a robust tool that can streamline many of the human resources management processes and help HR managers and recruiters stay organized.

Claimvantage also makes it easier for non-HR employees to access and edit their information. Claimvantage can integrate seamlessly with your existing HR management systems, offers impressive data security features, and has an intuitive user interface.

Time and Attendance

The time and attendance software from Claimvantage help businesses efficiently and accurately track and record employee working hours. It has an intuitive user interface, which will significantly reduce the time it takes to onboard new and existing employees to use the platform.

Claimvantage can help automate several tedious administrative tasks and offers quick integration with your existing HR systems. Its extensive documentation and prompt customer support make it an ideal choice for businesses of all sizes.

Specialties

The Claimvantage blog specializes in Life Insurance Claims Processing, Absence Management, Disability Insurance Claims Processing, Cloud-based claim management, FMLA Compliance, ADA Compliance, Claim Management, PFL, Voluntary Benefits, Worksite Benefits, FMLA Management, Software Development and ADA/ADAA Management.

Pricing

Pricing for Claimvantage depends on your company's needs. This will factor in the number of software users and the size of your company. For all the cost details check out the dedicated page.

Security

You want your valuable data to be in good hands. Claimvantage is very aware that security is a key aspect of HR software. You might want to dig into the Claimvantage privacy policy to get a better understanding on their internal security processes.

Interested?

If you are ready to pick Claimvantage as your HR solution or need additional information, you can reach their sales team by phone or email. Claimvantage offers a free demo where a sales representative shows you around their software.

Locations

FAQ

How many people work for Claimvantage?

92 employees.

How can I follow Claimvantage on social media?

Is a trial period offered by Claimvantage?

No trials are offered.
Check their trial page for the latest information.
We last checked on Tuesday, May 18, 2021.

Does Claimvantage offer a discount for annual payments?

Yes.
See the dicount.

Why should you use time and attendance software?

Time and attendance software increases the efficiency and accuracy of time tracking, making it easier to calculate employee compensation. It’s also helpful to automate several monotonous administrative tasks, track project progress, improve employee engagement, and avoid compliance lawsuits.

Is it possible to combine attendance and payroll software?

Several vendors offer applications that combine both payroll and attendance tracking software. Check the features of different software solutions and talk with vendors to choose one with both functionalities.

What is a time attendance system?

Time and attendance systems help businesses track, record, and optimize employee hours and accurately pay their employees. It can be a standalone software solution or a combination of hardware and software.

Why are time and attendance important?

Time and attendance are crucial for every business as it’s an actual number that helps stakeholders make the right business decisions. It’s helpful to calculate workforce demand and understand employee engagement.

What does a time and attendance system do?

A time and attendance system streamlines the time tracking process by automating the collection of time and attendance information. It makes it easier to manage payroll as the employee work hours are recorded with utmost accuracy.

Can employees use their mobile phones for time tracking?

Although it depends on the software you choose, most probably, it’s a yes. Employees can log in to their profile on a web or mobile app and access their attendance information such as schedules, PTO, and sick leaves. They can use the same app to apply for leaves.

How does the attendance system work?

A time and attendance system is used to track and record employee working hours. It’s helpful to monitor when employees start and stop, the number of hours they clock in, and the time taken for breaks. It’s also beneficial to check whether an employee arrives on time.

What should you expect from a time and attendance system?

A time and attendance system can effortlessly handle the time tracking needs of both hourly and salaried employees. This includes overtime, PTO, sick leaves, holidays, and more. They can also be used to clock in and out, log the time an employee spends on a specific project, and create and assign employee schedules.

Why is time and attendance software important?

Firstly, time and attendance software is a valuable tool that lets companies effectively track and record employee work hours. It also makes it easier to adhere to labor acts and other state wage and hour laws.

Why is it important to clock in and out at work?

The clock in and out feature can ensure employees don’t involve in time theft, and at the same time, it’s helpful to ensure that employees are paid accurately. An online time and attendance system makes it easier for the employer to have an overview of employees’ working hours. Precise timekeeping is beneficial to understand exact staff requirements. You can use the insights derived from these systems to tweak employee schedules.

What is HRIS in HR?

HRIS in HR stands for human resources information system. It’s used to collect and organize an organization’s employee data. Generally, an HRIS will include all the basic functionalities needed for human resources management.

What is the purpose of HRIS?

The primary purpose of HRIS is to offer accurate and relevant information about employees to a company’s HR department. It’s also useful for employees to get information about themselves and also regarding the functioning of the HR department. In short, an HRIS collects, processes, and stores information for efficient management of human resources.

What are HRIS tools?

HRIS tools are SaaS-based software applications that can assist HR departments in managing employees, procedures, and policies. They are database-oriented and make it easier to perform activities such as time and labor management, employee engagement, and performance management.

Who uses HRIS?

Although an HRIS may seem to be a tool used by the HR department alone, it isn’t. Instead, it’s used by every employee in an organization to access some HR-related information and functions.

What are the types of HRIS?

Some of the types of HRIS systems are:

  • Applicant tracking system (ATS)
  • Time and attendance management
  • Performance management
  • Employee self-service
  • Benefits management

How does HRIS help recruitment?

Recruitment is a costly and time-consuming process and an HRIS system streamlines it. Along with enhancing the HR processes, an HRIS promotes remote recruitment and collaborative hiring. It can also offer deep insight into hiring strategies and can also simplify internal processes like promotion.

Why is an HRIS important?

HRIS is equally important for both the HR employees and the non-HR employees. It acts as a centralized database that stores critical employee information such as personal information, compensation, and benefit choices. An HRIS also eliminates human errors and data duplication.

What are the components of HRIS?

The core components of an HRIS system are:

  • Database
  • Time and labor management
  • Benefits management
  • Payroll function
  • Employee interface and management
  • Recruitment and onboarding

Does HRIS include payroll?

Of course, an HRIS includes payroll functions along with other features for employee management, recruitment, time and attendance management, and performance management.

What are the advantages of HRIS?

A few of the many advantages of using an HRIS are:

  • Data integration
  • Benefits administration
  • Accuracy
  • Employee self-service
  • Automated reminders
  • Secure storage of confidential company information
  • Better transparency
  • Better reports

What is HRIS used for?

Simply put, an HRIS solution is the amalgamation of information technology and HR activities. It is used for data entry and storage, tracking and managing employees, and also for payroll and accountings.

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Page last updated on Monday, January 10, 2022, 7:13 PM GMT+1
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