How To Save 70% of Manual HR Effort with a Dependent Verification Tool
On average, 6% of dependents are found ineligible during a full dependent eligibility audit. Not only is this driving costs up but it puts employees at risk of fraud. Implementing a dependent eligibility verification tool, like our own DependentIQ, can save HR an average of $3,500 per ineligible employee while also protecting their employees by keeping them honest. So why aren’t more companies doing this?
Join us as we break down the difference between initial and ongoing audits, discuss common dependent verification misconceptions and share a live demo of our DependentIQ tool as well as the new ROI dashboard. We’ll share how powerful AI/ML tools can save time, reduce risk and enforce compliance without breaking the bank.
The differences between initial and ongoing audits – and why you need both
How dependent verification technology can provide key cost savings
What our new ROI dashboard looks like and how it works
Why DependentIQ is a more cost-effective eligibility verification method than traditional outsourcing
Darren Lucas
Senior Project Manager, PlanSource
As Senior Product Manager at PlanSource, Darren owns creating and communicating the HR Leader product strategy and experience for the PlanSource platform, across the core benefits administration platform, mobile app and our PlanSource IQ suite of AI/ML-based products. Darren analyzes customer, market and industry feedback to refine our short- and long-term product roadmaps and continually improves the benefits experience for HR Leaders, brokers and employees.
Brantley Saunders
Product Marketing Manager, PlanSource
Brantley started her career in underwriting for a brokerage and held a variety of marketing roles in benefits communication and customer development before joining PlanSource. As Product Marketing Manager, Brantley is responsible for communicating the PlanSource product vision, value, and voice to the market.
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