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Coverflex Reviews & Product Details

Coverflex Overview

What is Coverflex?

Coverflex is remodelling compensation, starting with benefits and building an all-in-one platform for any company to personalise benefits and rewards, from micro to SMEs and large enterprises. Our mission starts by enabling any company to supercharge their employee benefits while saving both time and money.

Coverflex Details
Languages Supported
English, Italian, Portuguese
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Product Description

Coverflex is on a mission to improve the way companies compensate their people, making it more transparent, flexible and easier for everyone to make the most of what they get. Through a fully digital solution, Coverflex helps companies manage every part of compensation beyond salary — benefits, insurance, meal allowance and exclusive discounts — while empowering people to spend on what suits them best.


Seller Details
Seller
Coverflex
Year Founded
2019
HQ Location
Remote-first, PT
Twitter
@getcoverflex
206 Twitter followers
LinkedIn® Page
www.linkedin.com
177 employees on LinkedIn®

Miguel F.
MF
Overview Provided by:

Recent Coverflex Reviews

Sara A.
SA
Sara A.Mid-Market (51-1000 emp.)
4.5 out of 5
"top 1 choice for benefits management"
User friendly, very easy to use. Allows us to manage most of our benefits. Service team is overall supportive. definetely recommend coverflex in c...
Jonny C.
JC
Jonny C.Small-Business (50 or fewer emp.)
2.0 out of 5
"It's there when you need it."
I like the ease of use via the browser or app. I don't use them much due to most of the benefits and bonuses being outside of my primary city, but ...
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"So far it has been very pleasant, with no major hurdles"
The best thing about coverflex is the customer support which is pretty efficient and good
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Coverflex Media

Coverflex Demo - Employee app
The employee app: a mobile app, available on Android and iOS, in which employees can manage all their compensation that's received through Coverflex (meal, benefits and insurance)
Coverflex Demo - Company dashboard: Employee management
Managing employees: companies can easily onboard and offboard employees on the platform in no time.
Coverflex Demo - Company bashboard: Benefits management
The benefits dashboard: the platform where companies can select and manage the benefits available to their employees.
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Have you used Coverflex before?
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14 Coverflex Reviews

4.7 out of 5
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14 Coverflex Reviews
4.7 out of 5
14 Coverflex Reviews
4.7 out of 5

Coverflex Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for CoverflexQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Jonny C.
JC
Freelance Creative Consultant
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Coverflex?

I like the ease of use via the browser or app. I don't use them much due to most of the benefits and bonuses being outside of my primary city, but they are there when I need health related services - so my frequency of use isn't much with Coverflex. The ease of integration was pretty straight foward too and so was the ease of implementation of my documents and onboarding. Review collected by and hosted on G2.com.

What do you dislike about Coverflex?

The number of features is nice, but I barely use them as they're outside of my city, such as minor benefits, discounts, and other bits & bobs. The customer support was also lacking in being fully "supportive", but was able to get things moving. Review collected by and hosted on G2.com.

What problems is Coverflex solving and how is that benefiting you?

Health benefits/insurance. Other than that, the perks are highly lacking and not very note worthy unfortunately. Review collected by and hosted on G2.com.

Sara A.
SA
Head of People
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Coverflex?

User friendly, very easy to use. Allows us to manage most of our benefits. Service team is overall supportive.

definetely recommend coverflex in comparison with other platforms we demo with, and we have been with coverflex for a more than a year now and we're happy. Review collected by and hosted on G2.com.

What do you dislike about Coverflex?

Could have customization fields on benefit categories where each company adds relevant info according to internal policies. For e.g. we have a rule of amount of smartphones you can buy per year (on technology category). People will need to open our internal policy to make sure they are compliant.

also, there were some serious bugs in the past that could harm RGPD policies but were quickly fixed. Review collected by and hosted on G2.com.

What problems is Coverflex solving and how is that benefiting you?

All benefit management overhead that we were having by managing manually benefits.

Also, on a user perspetive, we can have real time info on balance and categories to apply it Review collected by and hosted on G2.com.

Arup Kumar P.
AP
Software Engineer II
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Coverflex?

It reduces the menial workload of the HR personnel while it also helps the employees to choose and cherry-pick benefits that are relevant to them and their families. It allows employees to change the benefits as and when required and the same can be tracked from the organisation side also. Review collected by and hosted on G2.com.

What do you dislike about Coverflex?

The benefits can be customised and altered according to the level of the employees but the benefit level or fine grain access is missing from the software. Suppose a benefit is only allowed one in quantity to a particular level of employees, the increment button should be disabled after adding 1. Review collected by and hosted on G2.com.

What problems is Coverflex solving and how is that benefiting you?

Coverflex is allowing employees to select the benefits that are relevant to them, which is ultimately improving employee satisfaction and increases retention time. From the organisation or leadership side, they are able to view the most loved benefit and the benefit which receives the least attention. They can change and fine-tune the benefits accordingly. Review collected by and hosted on G2.com.

Rita F.
RF
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Coverflex?

Best proposal on the market

Versatility and ease of use. Easy to understand how it works.

The support team is really supportive. Quick to respond and help with any questions. Review collected by and hosted on G2.com.

What do you dislike about Coverflex?

Only the fact that the IBAN account to which we need to transfer the money from the wallets is not an account in a bank of the country where I am requesting Coverflex services. Review collected by and hosted on G2.com.

What problems is Coverflex solving and how is that benefiting you?

Permits me to transfer meal subsidies and benefits to employees through a single platform. Furthermore, it allows employees to easily understand where they can use their benefits, making it very user-friendly. Review collected by and hosted on G2.com.

Verified User in Translation and Localization
AT
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Coverflex?

Coverflex is really user friendly, and there almost no need to contact support to use because everytime you want to know more about a certain benefit they have it all explained on the page. they also have a ton of tutorials if needed.

And the customer support center replies really quick.

Adding here that evrytime that you need a presentation of their service they'll help you that, for our case they studied our company (average value received, average value spend, Review collected by and hosted on G2.com.

What do you dislike about Coverflex?

It should be possible to have financial counselling about investiment and retirement, or about ways to "stretch" better our virtual money. Besides that there's not a single thing to point out. Review collected by and hosted on G2.com.

What problems is Coverflex solving and how is that benefiting you?

Coverflex is helping me and my colleagues to pay for services and others with this virtual flex benefit app, because we can pay for certain services without paying taxes. So it "stretchs" our money, for instants some services we are Review collected by and hosted on G2.com.

AS
Business Promoter
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Coverflex?

Coverflex works best for our organization, where the diversity is relatively high concerning age, gender, and socioeconomic background. Compared to legacy solutions like ADP, Coverflex is highly customizable and easy to use for the workforce. Review collected by and hosted on G2.com.

What do you dislike about Coverflex?

Coverflex may be a little complicated for small organizations to adapt to and get used to. At their current price point, some advanced features may be costly for such organizations and can be avoided. Review collected by and hosted on G2.com.

What problems is Coverflex solving and how is that benefiting you?

We were looking for a solution allowing us to administer our basket of benefits per each employee's needs. Our legacy system was too rigid for that, and we were not particularly happy with the reporting and analytics feature of it.

With Coverflex, we now have a customizable and user-friendly compensation management tool that also helps us run different analytics on our payroll data. Review collected by and hosted on G2.com.

Andrêa P.
AP
Chief Commercial Officer
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Coverflex?

The app is excellent. I love using Coverflex. Review collected by and hosted on G2.com.

What do you dislike about Coverflex?

The only thing I miss is to be able to set my card pin code. Review collected by and hosted on G2.com.

What problems is Coverflex solving and how is that benefiting you?

We are saving taxes. Review collected by and hosted on G2.com.

Verified User in Automotive
UA
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Coverflex?

I like that I can easily choose what benefits to use each month and I can quickly see my balance. Review collected by and hosted on G2.com.

What do you dislike about Coverflex?

Sometimes the benefits are confusing (that may be due to my local laws) and it doesn't work well for small amounts on the benefits plan. Review collected by and hosted on G2.com.

What problems is Coverflex solving and how is that benefiting you?

Coverflex allows me to choose my compensation in a way that makes more sense to me, it's a very custom solution to my needs instead of a "one size fits all". Review collected by and hosted on G2.com.

Verified User in Consumer Goods
UC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Coverflex?

It is great to have access to so many benefits while increasing my net salary! The platform and app are very easy to use and it is great that I am able to use it with Apple Pay Review collected by and hosted on G2.com.

What do you dislike about Coverflex?

Users are not allowed to change the Coverflex card pin. We get a message with it if we forget, but it would be better if this could be changed for a PIN number chosen by the user Review collected by and hosted on G2.com.

What problems is Coverflex solving and how is that benefiting you?

With coverflex I have access to several benefits and it is very easy to use. Their card is accepted in way more businesses than the previous competitors my employers worked with. Review collected by and hosted on G2.com.

Miguel S.
MS
Venture Partner
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Coverflex?

Having all meal, non-taxable benefits, budgets and employee perks in one app with great UX/UI. Review collected by and hosted on G2.com.

What do you dislike about Coverflex?

The app and the card still don't work in all European countries. Review collected by and hosted on G2.com.

What problems is Coverflex solving and how is that benefiting you?

Aggregating and digitalising in one platform all employee benefits (meal allowance, employee insurances, discounts and budgets) with a smart card solution. The workplace bank of the employee. Review collected by and hosted on G2.com.