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Benepass Named a Strategic Workday Wellness Partner to Streamline and Improve Modern Wellbeing Benefits
Prnewswireยท 2025-08-28 12:47
Core Insights - Benepass has announced a strategic partnership with Workday to become a Workday Wellness partner for financial benefits, aiming to enhance employee benefits programs through integration with Workday Wellness [1][4] - The partnership will provide employers with tools to measure the effectiveness of their benefits offerings and adapt them to meet employee needs, thereby increasing engagement [2][4] Company Overview - Benepass is a benefits capital management platform that offers flexible benefits through customizable spending and savings accounts, including lifestyle spending accounts, wellness stipends, FSA, and HSA [6] - The platform supports over 400,000 users across more than 80 countries, with over $500 million in employee benefits funded, highlighting its significant market presence [5] Technology and Integration - The integration is powered by Benepass Connect, which standardizes employer eligibility data and syncs it across systems in real time, allowing for seamless coordination with platforms like Workday [3] - This technology eliminates the rigidity of traditional file feeds, enabling a more dynamic and responsive benefits administration process [3] Employee Experience - Employees will have intuitive access to their Benepass benefits directly within Workday, which is expected to drive higher utilization and create a more cohesive wellness experience [4] - The partnership aims to provide personalized and impactful benefits programs that resonate with today's workforce, addressing the demand for flexible and inclusive solutions [4]