Efficient ACA Compliance Management with ACA-Track

Ensuring compliance with the Affordable Care Act (ACA) is an essential yet challenging task for businesses. The complexity of tracking eligibility, hours worked, and reporting to the IRS can create a significant burden for HR departments. However, ACA-Track simplifies the entire process, offering businesses a streamlined, automated solution for managing ACA compliance with minimal effort. With its comprehensive features and easy-to-use interface, ACA-Track is designed to keep your business compliant while saving you time and resources.

The Challenges of ACA Compliance

Despite the best efforts of HR teams, ACA compliance often presents several challenges:

Tracking Employee Hours: Accurate tracking of hours worked by both full-time and variable-hour employees is critical to determine ACA eligibility. Manually tracking these hours across multiple systems can be inefficient and error-prone.
Managing Employee Eligibility: Ensuring that employees are offered health coverage as required by the ACA involves continuous monitoring and frequent updates to eligibility status based on changing work schedules.
IRS Reporting: The IRS requires accurate and timely reporting through Forms 1094-C and 1095-C. Collecting the necessary data and ensuring that it is complete and accurate can be a major headache, especially for large organizations with many employees.

How ACA-Track Solves These Problems

ACA-Track takes the complexity out of ACA compliance by offering a suite of automated features that ensure your business stays on track. Here’s how ACA-Track helps you meet ACA requirements with minimal effort:

Automated Data Collection: ACA-Track integrates with your payroll and timekeeping systems to automatically gather data on employee hours worked, employee classifications (full-time, part-time, variable-hour), and eligibility. This eliminates the need for manual data entry and ensures accuracy across the board.
Real-Time Eligibility Monitoring: ACA-Track continuously monitors employee eligibility, alerting you when employees reach the ACA eligibility threshold. This real-time tracking ensures that no employee is overlooked and that health coverage offers are made in a timely manner.
Automated IRS Form Generation: ACA-Track generates IRS Forms 1094-C and 1095-C with ease, pre-populating them with accurate data from your employee records. This automated process ensures that your filings are accurate and submitted on time, saving you hours of manual work.
Comprehensive Error Checking: ACA-Track automatically performs error checks on all collected data before you submit it to the IRS. If discrepancies are detected, you will be notified, giving you the chance to correct them before filing. This proactive error detection reduces the risk of costly penalties and audits.

Why ACA-Track is the Best ACA Compliance Solution

ACA-Track is designed with your business’s needs in mind. Whether you’re a small business or a large enterprise, ACA-Track offers the flexibility and features to make ACA compliance simple and stress-free:

Time-Saving Automation: ACA-Track automates time-consuming tasks like data collection, eligibility monitoring, and IRS reporting. This significantly reduces the time your team spends on ACA compliance, allowing them to focus on other important business tasks.
Accuracy and Reliability: With ACA-Track’s built-in error checking and automated form generation, you can rest assured that your data will be accurate and compliant with IRS regulations. This minimizes the risk of errors that could lead to fines or audits.
Customizable Dashboards and Reports: ACA-Track allows you to customize your dashboard to monitor key compliance metrics. You can filter data, track employee eligibility, and generate detailed reports to ensure that your ACA compliance is always up to date.
Scalability for Any Business: ACA-Track is scalable, so whether you’re a small business with a few employees or a large corporation with thousands of staff, ACA-Track can handle the complexities of your workforce. It grows with your business, providing you with the flexibility you need.
Data Security: ACA-Track prioritizes the security of your sensitive data. The platform is hosted in an SSAE 16 SOC 2 certified data center, ensuring that all employee data is encrypted and protected. This gives you peace of mind knowing that your business is in compliance with data privacy regulations.

Real-Time Alerts and Notifications

ACA-Track offers real-time alerts and notifications to ensure that you never miss a critical deadline or requirement. You’ll receive notifications about:

Eligibility Changes: ACA-Track alerts you when employees become eligible for ACA coverage, so you can offer benefits in a timely manner.
Upcoming Deadlines: Stay on top of IRS filing deadlines with automatic reminders, ensuring you never miss a reporting deadline.
Errors and Discrepancies: ACA-Track automatically notifies you of any discrepancies in your data, so you can quickly make corrections and avoid penalties.

Dedicated Customer Support and Resources

At ACA-Track, we’re committed to providing excellent customer support. Each customer is assigned a dedicated account manager who is available to answer any questions or concerns you may have. Whether you need assistance with ACA regulations, help with the platform, or support during an IRS audit, your account manager is always ready to assist.

Additionally, ACA-Track provides ongoing training, webinars, and educational resources to ensure that your team is fully equipped to handle ACA compliance. We make sure that you’re always up-to-date with the latest changes to ACA regulations, so you never have to worry about falling behind.

Start Using ACA-Track Today

ACA compliance doesn’t have to be stressful. With ACA-Track, you can automate the most complex aspects of ACA compliance, saving time and reducing the risk of penalties. Whether you’re managing a small team or a large workforce, ACA-Track simplifies the process, ensuring that your business stays compliant with the ACA’s requirements.

If you’re ready to take control of your ACA compliance and streamline your processes, ACA-Track is the solution you’ve been looking for. Contact us today to learn more about how we can help your business stay on track with ACA compliance.