Infinium Benefits Enrollment and Modeling

eBEAM is an acronym that stands for "electronic benefits enrollment and modeling." It refers to Infinium's new Web-enabled, browser-based, e-business benefits enrollment and modeling solution, which enables employees to manage their own benefits package.

With eBEAM, employee benefits modeling, revision, and final enrollment take place online. This empowering business solution provides a 100 percent ROI within 12-18 months, and offers far-reaching improvement to HR processes.

Infinium eBeam provides:

• Self-select benefits
  
• Verify and update personal information
  
• Simulate (model) open enrollment
  
• Review individual benefits without technical support
  
• Retain drafts of enrollment elections until submission
  
• Have benefit forms routed, approved, and confirmed
  
• Make final enrollment changes easily and conveniently
  
• Obtain plan descriptions
  
• Link to third-party administrator's' Web site

Infinium eBEAM benefits:

Return on investment

• Companies with over 1000 employees obtain 100% ROI in 12-18 months
  
• Average benefits enrollment cost of $8 per change per employee can be reduced by $2 to $3, or 25% to 40%

Human Resources Benefits

• Improved service and responsiveness to employees and managers
  
• Reduction of cumbersome, paperbound HR tasks
  
• Reduced administrative costs, with a return on self-service investment
  
• HR administrators increase accuracy and maintain process control

Employee Benefits

• Immediate access to ones own employee information
  
• Ability to generate and complete online transactions
  
• Sense of ownership, independence, and involvement

Infinium Software, Inc., 25 Communications Way, Drawer 6000, Hyannis, MA 02601. Tel: 508-778-2000; Fax: 508-775-3764.