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BenefitPoint description
BenefitPoint is a software designed by Vertafore specifically for insurance agencies managing employee benefits. It aims to simplify complex processes with features like automated workflows, financial tracking, and detailed reporting. BenefitPoint helps agencies ensure accurate commission payments, analyze their performance, and easily share data with other business tools. It also provides benchmarking data to help agencies advise clients on their employee benefit plans. Used by many leading insurance brokers, BenefitPoint focuses on increasing efficiency, revenue, and client satisfaction within the benefits sector.
Who is BenefitPoint best for
BenefitPoint by Vertafore streamlines employee benefits management for insurance agencies. Users praise its intuitive interface, responsive customer support, and comprehensive reporting. However, some find navigation and certain processes cumbersome. Ideal for large agencies seeking automated workflows and detailed financial tracking, BenefitPoint integrates with AMS360 and Zywave CPQ.
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Best fit for enterprise-level insurance agencies.
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Specifically designed for agencies managing employee benefits.
BenefitPoint features
| Supported BenefitPoint tracks agent and carrier commissions, calculates splits, and generates reports. |
| Supported BenefitPoint allows exporting reports to Excel, with a 300-row limit for direct grid exports. |
| Supported BenefitPoint supports reporting and analytics for benefits management and operations. |
| Supported BenefitPoint automates workflows related to benefits and insurance processes, including SBC data import. |
| Supported BenefitPoint supports various financial reports, including revenue analysis and statements. |
We evaluate the sentiment that users express about non-functional aspects of the software
Ease of Use
Reliability and Performance
BenefitPoint reviews
We've summarised 24 BenefitPoint reviews (BenefitPoint G2 reviews) and summarised the main points below.
- User-friendly interface and easy to learn.
- Excellent customer support responsiveness.
- Comprehensive reporting capabilities.
- Effective data management for client and policy information.
- Seamless integration with AMS360 and Zywave CPQ.
- Difficult to enter carrier responses for RFPs.
- Manual commission entry is time-consuming.
- Limited benefit attribute options for additional products.
- Document storage management is cumbersome.
- Navigation can be confusing and unintuitive.
- Some saving and updating processes are unclear.
BenefitPoint alternatives
EZLynxBetter for quoting and general agency management. Has broader industry applicability but shows declining momentum. Users report issues with data transfer, support, and reporting accuracy.Read more
Applied EpicBetter for commercial insurance lines. Has more momentum based on employee growth. Users report frequent crashes and slow performance. Some users find the accounting features and workflows cumbersome.Read more
Cisco RoutersBetter for organizations needing robust, secure networking infrastructure, not benefits administration. A Cisco Routers alternative for insurance agencies is BenefitPoint.Read more
Zywave Sales Cloud SolutionsBetter suited for agencies focused on streamlining sales and client retention. Offers SaaS integrations, including Salesforce.Read more
BenefitPoint FAQ
What is BenefitPoint and what does BenefitPoint do?
BenefitPoint by Vertafore streamlines employee benefits management for insurance agencies. It automates workflows, tracks commissions, and provides insightful reporting. BenefitPoint helps agencies improve efficiency, analyze financial performance, and enhance client satisfaction.
How does BenefitPoint integrate with other tools?
BenefitPoint seamlessly integrates with AMS360 and Zywave CPQ, streamlining workflows and data sharing. It also supports Excel export for reporting, though with some limitations. Further integration details are not readily available.
What the main competitors of BenefitPoint?
Alternatives to BenefitPoint include EZLynx, Sagitta, Applied Epic, NextAgency, and AgencySmart. These competitors offer similar features for managing client data, policies, and commissions, catering to various agency sizes and insurance lines.
Is BenefitPoint legit?
BenefitPoint is a legitimate software offered by Vertafore, designed for insurance agencies managing employee benefits. User reviews highlight its user-friendly interface and comprehensive reporting. However, some users find navigation and certain processes cumbersome. Consider exploring alternatives if these aspects are critical for your agency.
How much does BenefitPoint cost?
I couldn't find pricing details for BenefitPoint. Contact BenefitPoint directly for product pricing or a personalized quote to see if it's worth the investment for your needs.
Is BenefitPoint customer service good?
BenefitPoint users praise the customer support team's responsiveness and helpfulness. While some users find certain features difficult, the overall sentiment towards customer service is positive.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.