Accurately Track, Calculate, and Report Taxable Employee Benefits for Effortless Compliance.
Getting the most value from the company’s money is key to effective spend governance. Benefits comprise a significant portion of company spend. In fact, non-medical benefits are expected to grow 20% by 2026. There are multiple ways to reimburse benefits, making this not just a tax issue, but a policy one as well. You need decisions that are good for both the company and the employee.
Concur Benefits Assurance provides visibility into spend for a better understanding of the cost of these taxable employee benefits and the implications of different policy decisions. This helps you tailor compensation packages that are both attractive and affordable within current budgets and goals.