Factorial by Factorial
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Benefits Administration Software
ABM reviews and summary
ABM, by ASRM, is a centralized benefits administration portal designed as a single point of access for managing a wide range of employee benefit needs. It consolidates various administrative tasks into one user-friendly interface, offering flexibility in plan design and configuration. The platform emphasizes affordability and ease of use, providing essential tools for enrollment, plan management, carrier connections, and basic reporting. Its streamlined approach aims to reduce complexity and administrative burden, making sophisticated benefits management accessible without requiring extensive technical resources or a large budget. ABM is specifically tailored for insurance brokers, agencies, and consultants operating in small to medium-sized markets,...
Best for
ABM is specifically tailored for insurance brokers, agencies, and consultants operating in small to medium-sized markets, as well as the small businesses they serve. Its value proposition is strongest for those who need a practical, cost-effective solution that is both powerful enough to handle core benefits administration and simple enough to implement and manage without a dedicated IT team.
Category
Benefits Administration Software
Vendor
ASRM
Key takeaways
Our verdict
Our verdict is that ABM is a solid, no-frills benefits administration platform that excels in its target niche. It delivers on its promise of being a flexible and affordable single portal, making it a pragmatic choice for brokers and smaller employers who need essential functionality without the complexity or high cost of enterprise-grade systems.
Quick facts
ABM at a glance
Ratings
ABM ratings
Ratings in this section summarize available rating data. Software reviews are shown separately when users submit reviews.
Decision notes
ABM pros and cons
Potential strengths
- Clear buyer-fit positioning is available in the profile data.
Points to verify
- Confirm current pricing, contract terms, and included plan details with the vendor.
- Confirm product-specific availability for category-level features before buying.
- There are no written reviews for this software yet.
- Published pricing is not available in this profile data.
Buyer fit
Who uses ABM?
ABM is specifically tailored for insurance brokers, agencies, and consultants operating in small to medium-sized markets, as well as the small businesses they serve. Its value proposition is strongest for those who need a practical, cost-effective solution that is both powerful enough to handle core benefits administration and simple enough to implement and manage without a dedicated IT team.
Feature research
ABM features
These are common features buyers compare in Benefits Administration Software. Product-specific availability should be confirmed with the vendor.
Affordable Care Act Compliance Reporting
Gathers data and generates reports to ensure adherence to Affordable Care Act regulations.
Outsourced Benefits Management
Entrusts the management of benefits administration to external third-party providers.
Employee Benefits Visualizer
Provides a visual overview of employee-selected benefits or those offered by an employer.
COBRA Benefit Management
Administers the mandatory continuation of benefits for former employees who opt to remain on the company's plan.
Employee Benefit Contribution Management
Calculates the amounts employees are required to contribute from each paycheck towards their benefits.
Disability Benefits Management
Establishes and oversees both short-term and long-term disability insurance benefits.
Workplace Benefit Management
Manages the selection of benefits available to employees through the workplace and automates associated administrative processes.
FMLA Leave Administration
Monitor employee leave requests and time off in accordance with the Family and Medical Leave Act (FMLA).
Employee Health Insurance Management
Establishes and manages health insurance benefits provided to employees.
HIPAA Privacy Compliance
Adheres to federal HIPAA standards for the protection and privacy of sensitive health data.
Employee Health Account Management
Establishes and manages health savings accounts (HSAs) and flexible spending accounts (FSAs) for employees.
Employee Life Insurance Management
Establishes and manages life insurance benefits for your workforce.
Compare
ABM alternatives
Compare ABM with other Benefits Administration Software tools that buyers often evaluate.
PeopleKeep by PeopleKeep
A purpose-built platform for managing Health Reimbursement Arrangements (HRAs), helping small to mid-size businesses offer tax-free health benefits without the cost of group insura...
Rain by Rain
Rain is an on-demand pay provider, offering Earned Wage Access (EWA) as an employee benefit. It allows employees to access a portion of their already-earned wages before the tradit...
Vestwell by Vestwell
Vestwell is a modern, digital platform that serves as the engine powering workplace savings programs, primarily focusing on 401(k) and 403(b) retirement plans. It provides the unde...
ThrivePass by ThrivePass
ThrivePass is a cloud-based benefits administration solution that enables businesses to consolidate and manage a wide variety of employee perks, rewards, and reimbursements. It spe...
Common Census by Common Census
CommonBenefits (by Common Census) is a robust benefits administration platform designed to manage the complete employee benefits cycle. It provides strong capabilities for handling...
Remote Health by SafetyWing
Remote Health by SafetyWing is a global health insurance product specifically engineered for companies with a distributed, international workforce. It provides a fully equipped hea...
BenSelect by Selerix Systems
BenSelect, from Selerix Systems, is an established, enterprise-grade benefits administration platform trusted by a large client base to manage the complexities of modern benefits p...
Software reviews
ABM software reviews
FAQ
ABM FAQs
ABM, by ASRM, is a centralized benefits administration portal designed as a single point of access for managing a wide range of employee benefit needs. It consolidates various administrative tasks into one user-friendly interface, offering flexibility in plan design and configuration. The platform emphasizes affordability and ease of use, providing essential tools for enrollment, plan management, carrier connections, and basic reporting. Its streamlined approach aims to reduce complexity and administrative burden, making sophisticated benefits management accessible without requiring extensive technical resources or a large budget.
ABM is specifically tailored for insurance brokers, agencies, and consultants operating in small to medium-sized markets, as well as the small businesses they serve. Its value proposition is strongest for those who need a practical, cost-effective solution that is both powerful enough to handle core benefits administration and simple enough to implement and manage without a dedicated IT team.
ABM is listed in Benefits Administration Software.
ABM is listed with ASRM as the vendor.
Buyers often compare ABM with other Benefits Administration Software tools such as Factorial, PeopleKeep, Rain, Vestwell. Review ratings, pricing, and fit before choosing.
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