Lump Sum
Benivo created the first lump sum solution designed to optimize employee experience, instead of optimizing for selling services to employees. The solution uses AI (artificial intelligence) and big data to completely reinvent the lump sum delivery model.
Here are the main issues with current lump sum models:
- Slow payments
- Manual processes
- Most employees get no support
- Corporate service prices are too high for consumers
- Uptake is <10%, so >90% are on their own
Leveraging technology, data & AI Benivo reinvented this model to provide:
- Fast & Accurate Payments — Instant access to funds, powered by AI
- Self-service — one end-to-end platform, and customer service by live chat, phone or email
- Value-add benefits for employees
- Value-add tools for HR to do more with data— fully customizable reporting, and invoicing. Predictive analytics, machine learning, and analysis
Popular features include:
Digital Destinations
Digital versions of all Destination Services come built-in to the Benivo platform for all your global locations -- Area Orientation, Housing, Settling-In, Culture & Language, Lifestyle and more.
Partners & Spouses
Deliver partner/spouse support in all of your policies with Benivo licenses. Your employees can invite their partner to a dedicated version of the platform built for them. The experience delivers support to the key themes for trailing partners - family, career, educational and social life, area orientation, destination settling-in, housing and new city lifestyle. Use Benivo to make every partner welcome.
Colleague Insights
Help your employees prep for their new destination with stats, intel and tips from their colleagues - like your own private Amazon or TripAdvisor for relocation. The best sources of insights for your employees are their colleagues who are local to the area and those who navigated the relocation to that destination in the past.
Initiate Vendors
Initiate all your vendors in a single place in one go. Never fill the same information more than once, save time and reduce manual errors. Plug in your existing vendors, Benivo does not have its own vendors network.
Reports
A single source of truth with all the information you need. Use data analytics and AI to transform your program. From activation and feedback to usage and dashboard. And yes, you can easily export it to Excel.
PayLater
PayLater is the simplest solution to solve cash flow for your employees. Your employees can access interest-free cash to pay upfront expenses such as rent & deposit, the repay by instalments starting after they get paid. Like a salary advance program, but you don't need to administrate it. No changes to your current payroll processes are required.
Workflows
Customize the Action Hub with workflows through your key internal processes. Define processes once and enable employees to self-guide without chasing and hand-holding by HR or GM. You can lock actions, create dependencies, add any form, define deadlines. Need to change a workflow? It's fast and easy.
PayLater Limit Increase
At standard pricing, PayLater gives your employees access to up to $3,800 to pay upfront costs. You can increase the limit for an additional fee to meet your policy & program requirements. Contact Benivo to discuss pricing.