Forma - 3x3x3 Challenge With Justin Traasdahl
Forma simplifies and elevates employee benefits with a unified platform for Lifestyle Spending Accounts (LSAs), reimbursements, rewards, and more, all designed to streamline admin, boost choice, and meet employees where they are.
Transcript:
What is Forma?
Forma is widely known as the category creator for lifestyle spending accounts, and have since expanded into a wide platform across rewards, reimbursements, and spending accounts. Forma was built to help employers achieve three main objectives. One, give members more choice to source benefits most meaningful to them. Two, help benefits administrators simplify their benefits administration. And three, save companies money while doing so.
How is Forma different?
Here are three ways Forma stands out. One, we've built the only platform that consolidates all spending and reimbursement accounts. Employees get a single place to go. And with flexible benefits like LSAs, they choose benefits most meaningful to them. Benefits leaders can streamline all of their point solutions into one contract, plus Forma handles the administration. Second, Forma is also truly member-first. Designed for employees from day one, our user-friendly platform, intuitive mobile app, and multiple payment options make benefits easy to use. The best part of my job is this. Employees consistently share unprompted rave reviews on social media about their Forma benefits. And that just doesn't happen with HR software. Third, we are truly enterprise grade. This is hard to go into detail with so little time, things like we have hundreds of integrations, we manage currency and cost of living adjustments, we use AI to help with the claims process, we have an eligibility engine that drives criteria, funding flows, asynchronous systems integration, data transformation services, languages, security, reporting, and so on. It's built to manage the benefits for the companies of all sizes. We're live in 110 different countries. We pride ourselves on providing a sleek and deceptively simple experience for members. Behind the scenes, we've built a sophisticated platform with modern technology.
Who is a good fit for Forma?
We typically work with organizations with over 500 employees. We have customers across many different industries. We're uniquely positioned to help global, multinationals, and help make benefits more equitable. We typically start small, identifying an existing opportunity to improve, like replacing an inefficient reimbursement program or a point solution that has poor engagement. Then we can expand from there. Partnering with Forma, you can expect to see many tangible outcomes listed here. Call us if you'd like to learn more.
Subscribe to The Floor Report
Get Featured in the 3x3x3 Challenge
Transcript:
What is Forma?
Forma is widely known as the category creator for lifestyle spending accounts, and have since expanded into a wide platform across rewards, reimbursements, and spending accounts. Forma was built to help employers achieve three main objectives. One, give members more choice to source benefits most meaningful to them. Two, help benefits administrators simplify their benefits administration. And three, save companies money while doing so.
How is Forma different?
Here are three ways Forma stands out. One, we've built the only platform that consolidates all spending and reimbursement accounts. Employees get a single place to go. And with flexible benefits like LSAs, they choose benefits most meaningful to them. Benefits leaders can streamline all of their point solutions into one contract, plus Forma handles the administration. Second, Forma is also truly member-first. Designed for employees from day one, our user-friendly platform, intuitive mobile app, and multiple payment options make benefits easy to use. The best part of my job is this. Employees consistently share unprompted rave reviews on social media about their Forma benefits. And that just doesn't happen with HR software. Third, we are truly enterprise grade. This is hard to go into detail with so little time, things like we have hundreds of integrations, we manage currency and cost of living adjustments, we use AI to help with the claims process, we have an eligibility engine that drives criteria, funding flows, asynchronous systems integration, data transformation services, languages, security, reporting, and so on. It's built to manage the benefits for the companies of all sizes. We're live in 110 different countries. We pride ourselves on providing a sleek and deceptively simple experience for members. Behind the scenes, we've built a sophisticated platform with modern technology.
Who is a good fit for Forma?
We typically work with organizations with over 500 employees. We have customers across many different industries. We're uniquely positioned to help global, multinationals, and help make benefits more equitable. We typically start small, identifying an existing opportunity to improve, like replacing an inefficient reimbursement program or a point solution that has poor engagement. Then we can expand from there. Partnering with Forma, you can expect to see many tangible outcomes listed here. Call us if you'd like to learn more.
Subscribe to The Floor Report
Get Featured in the 3x3x3 Challenge