Forma Features
What are the features of Forma?
Platform
- Performance
Benefits Administration Platform Features
- Self-Service Portal
- Self-Service Portal
Platform Basics
- Reporting
- Interoperability
- Performance
Platform Content
- Enrollment Planning
- Dashboard
- Education
- Benefits Record Management
Platform Additional Functionality
- Mobility
- Regulatory Compliance
- Third-Party Carrier Integration
Platform Performance
- Reporting
- Monitoring
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Forma Categories on G2
Filter for Features
Platform
Customization | Allows administrators to customize to accommodate their unique processes. Includes ability to create custom objects, fields, rules, calculations, and views. This feature was mentioned in 109 Forma reviews. | 90% (Based on 109 reviews) | |
Integration APIs | As reported in 101 Forma reviews. Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications. | 87% (Based on 101 reviews) | |
Internationalization | As reported in 107 Forma reviews. Enables users to view and transact business with the same content in multiple languages and currencies. | 90% (Based on 107 reviews) | |
User, Role, and Access Management | As reported in 113 Forma reviews. Grant access to select data, features, objects, etc. based on the users, user role, groups, etc. | 92% (Based on 113 reviews) | |
Performance | Is consistently available (uptime) and allows users to complete tasks reliably. This feature was mentioned in 131 Forma reviews. | 97% (Based on 131 reviews) | |
Mobility | Is accessible from a mobile device and by users on the go. 113 reviewers of Forma have provided feedback on this feature. | 95% (Based on 113 reviews) | |
Reporting | As reported in 110 Forma reviews. Provides analytics tools that reveal important business metrics and track progress. | 93% (Based on 110 reviews) | |
Dashboards | Has a centralized dashboard for users to interact with. 122 reviewers of Forma have provided feedback on this feature. | 96% (Based on 122 reviews) |
Benefits Administration Platform Features
Benefits Record Management | Based on 120 Forma reviews. Track and manage employee benefits information and eligibility information within a centralized database. | 94% (Based on 120 reviews) | |
Enrollment Planning | See feature definition | Facilitate employee enrollment in health insurance plans during open enrollment and special enrollment periods. Make changes to benefits data in real time. This feature was mentioned in 103 Forma reviews. | 92% (Based on 103 reviews) |
Third-Party Carrier Integration | Access a unique marketplace of benefits products provided by third-party carriers. Select from pre-built bundles or customize your own bundles within the system to offer to your employees. 99 reviewers of Forma have provided feedback on this feature. | 90% (Based on 99 reviews) | |
Document Management | Store and organize on-boarding benefits documents such as I-9s, W-4s, W-9s, and other employee agreements. This feature was mentioned in 110 Forma reviews. | 92% (Based on 110 reviews) | |
Total Compensation Statements | As reported in 104 Forma reviews. Prepare ad-hoc and historical total compensation statements for employees. Employees can access statements to find a comprehensive view of their compensation, including benefits, wages, and stock options. | 93% (Based on 104 reviews) | |
Self-Service Portal | As reported in 128 Forma reviews. Allow employees to log in and review the details of their employee benefits program elections 24/7 and make changes and enroll in benefits as required. | 97% (Based on 128 reviews) | |
Regulatory Compliance | Based on 97 Forma reviews. Ensure compliance with federal and state benefits regulations, including the Consolidated Omnibus Reconciliation Act (COBRA), Affordable Care Act (ACA), and Health Insurance Portability and Accountability Act (HIPAA). | 92% (Based on 97 reviews) | |
Mobile Benefits Access | Provide access to employee benefits information including ID numbers, deductibles, in- and out-of-network costs, and more. 105 reviewers of Forma have provided feedback on this feature. | 93% (Based on 105 reviews) | |
Benefits Record Management | Track and manage employee benefits information and eligibility information within a centralized database. This feature was mentioned in 120 Forma reviews. | 94% (Based on 120 reviews) | |
Enrollment Planning | See feature definition | Facilitate employee enrollment in health insurance plans during open enrollment and special enrollment periods. Make changes to benefits data in real time. This feature was mentioned in 103 Forma reviews. | 92% (Based on 103 reviews) |
Third-Party Carrier Integration | As reported in 99 Forma reviews. Access a unique marketplace of benefits products provided by third-party carriers. Select from pre-built bundles or customize your own bundles within the system to offer to your employees. | 90% (Based on 99 reviews) | |
Document Management | Store and organize on-boarding benefits documents such as I-9s, W-4s, W-9s, and other employee agreements. 110 reviewers of Forma have provided feedback on this feature. | 92% (Based on 110 reviews) | |
Total Compensation Statements | As reported in 104 Forma reviews. Prepare ad-hoc and historical total compensation statements for employees. Employees can access statements to find a comprehensive view of their compensation, including benefits, wages, and stock options. | 93% (Based on 104 reviews) | |
Self-Service Portal | As reported in 128 Forma reviews. Allow employees to log in and review the details of their employee benefits program elections 24/7 and make changes and enroll in benefits as required. | 97% (Based on 128 reviews) | |
Regulatory Compliance | Ensure compliance with federal and state benefits regulations, including the Consolidated Omnibus Reconciliation Act (COBRA), Affordable Care Act (ACA), and Health Insurance Portability and Accountability Act (HIPAA). 97 reviewers of Forma have provided feedback on this feature. | 92% (Based on 97 reviews) | |
Benefits Dashboards | As reported in 107 Forma reviews. An easy to read, often single page, real-time user interface, showing a graphical presentation of the current status and historical trends of benefits data to enable instantaneous and informed decisions to be made at a glance. | 97% (Based on 107 reviews) | |
Mobile Benefits Access | Provide access to employee benefits information including ID numbers, deductibles, in- and out-of-network costs, and more. This feature was mentioned in 105 Forma reviews. | 93% (Based on 105 reviews) | |
Integrations / APIs | The platform can integrate with HR and payroll software to manage employee data such as new hires, general profiles, salary changes, benefit deductions, and terminations into a single system of record. This feature was mentioned in 88 Forma reviews. | 89% (Based on 88 reviews) | |
Internationalization | Enables users to view and transact business with the same content in multiple languages and currencies. 91 reviewers of Forma have provided feedback on this feature. | 90% (Based on 91 reviews) | |
Mobility | Based on 97 Forma reviews. Is accessible from a mobile device and by users on the go. | 93% (Based on 97 reviews) |
Platform Basics
Reporting | As reported in 161 Forma reviews. Provides analytics tools that reveal important business metrics and track progress. | 93% (Based on 161 reviews) | |
Interoperability | Connects to external systems and applications as needed to complete team workflows. This feature was mentioned in 151 Forma reviews. | 93% (Based on 151 reviews) | |
Performance | Based on 181 Forma reviews. Is consistently available (uptime) and allows users to complete tasks reliably. | 96% (Based on 181 reviews) |
Platform Content
Enrollment Planning | As reported in 152 Forma reviews. Facilitate employee enrollment in health insurance plans during open enrollment and special enrollment periods. Make changes to benefits data in real time. | 92% (Based on 152 reviews) | |
Dashboard | As reported in 178 Forma reviews. Has a centralized dashboard for users to interact with | 96% (Based on 178 reviews) | |
Education | As reported in 154 Forma reviews. Provides educational materials to help employees make informed decisions about their benefits. | 92% (Based on 154 reviews) | |
Benefits Record Management | Track and manage employee benefits information and eligibility information within a centralized database. 168 reviewers of Forma have provided feedback on this feature. | 94% (Based on 168 reviews) |
Platform Additional Functionality
Mobility | Is accessible from a mobile device and by users on the go. 162 reviewers of Forma have provided feedback on this feature. | 94% (Based on 162 reviews) | |
Regulatory Compliance | Based on 147 Forma reviews. Ensure compliance with federal and state benefits regulations, including the Consolidated Omnibus Reconciliation Act (COBRA), Affordable Care Act (ACA), and Health Insurance Portability and Accountability Act (HIPAA). | 93% (Based on 147 reviews) | |
Third-Party Carrier Integration | Based on 146 Forma reviews. Access a unique marketplace of benefits products provided by third-party carriers. Select from pre-built bundles or customize your own bundles within the system to offer to your employees. | 90% (Based on 146 reviews) |
Platform Performance
Reporting | As reported in 157 Forma reviews. Provides pre-built or customizable performance reports | 93% (Based on 157 reviews) | |
Monitoring | Contains application performance monitoring capabilities This feature was mentioned in 150 Forma reviews. | 92% (Based on 150 reviews) |
Analytics - Lifestyle Spending Account (LSA)
Assessment | The platform is able to gauge employee engagement through surveys or otherwise to determine benefit efficacy 92 reviewers of Forma have provided feedback on this feature. | 88% (Based on 92 reviews) | |
Analysis | All behavioral and self-report data can be analyzed to find trends and patterns This feature was mentioned in 94 Forma reviews. | 88% (Based on 94 reviews) |
Platform - Lifestyle Spending Account (LSA)
Funding | As reported in 93 Forma reviews. The amount of monthly stipend provided to employees is easily managed | 91% (Based on 93 reviews) | |
Market Diversity | As reported in 91 Forma reviews. Services and activities that can be purchased by LSA funds have a variety of options to enable healthy behaviors | 89% (Based on 91 reviews) | |
Customizability | The services and activities available for employees to purchase can be customized based on employee need or usage 89 reviewers of Forma have provided feedback on this feature. | 88% (Based on 89 reviews) | |
Reward & Incentive | Healthy behaviors can be encouraged and promoted through the use of rewards and incentives This feature was mentioned in 89 Forma reviews. | 93% (Based on 89 reviews) |
Platform - Health Savings Account (HSA)
Evidence | As reported in 11 Forma reviews. The platform is able to submit evidences to support reimbursement claims | 97% (Based on 11 reviews) | |
Funding | Contribution into the HSA fund can be provided by both employer and employees 11 reviewers of Forma have provided feedback on this feature. | 89% (Based on 11 reviews) | |
Reimbursement | The platform is able to process claims reimbursement and reimburse medical expenses based on acceptance 11 reviewers of Forma have provided feedback on this feature. | 95% (Based on 11 reviews) | |
Education | Based on 11 Forma reviews. There are materials within the platform that helps the user to realize what purchases are eligible for purchase using HSA | 88% (Based on 11 reviews) |
Data - Health Savings Account (HSA)
History | Can track the history of expenses and contributions by employer and employees This feature was mentioned in 11 Forma reviews. | 91% (Based on 11 reviews) | |
Analysis | Can analyze HSA usage of employees based on purchasing habits and claims usage This feature was mentioned in 11 Forma reviews. | 89% (Based on 11 reviews) |
