About SelectSmart
SelectSmart is a decision-making software from SAVVI Financial that helps users make informed choices. It provides tools for scenario analysis, data visualization, and risk assessment so that users can evaluate different options effectively. The software allows users to analyze complex data sets and see potential outcomes, facilitating better planning and decision-making. With its user-friendly interface, SelectSmart enables individuals and organizations to understand their options thoroughly before making concluding decisions. Key capabilities: scenario modeling data analytics risk management reporting user collaboration Best for: financial analysts and decision-makers that need to evaluate various financial scenarios and their implications.
SelectSmart by SAVVI Financial is a robust benefits administration software designed to simplify the process of benefit selection and enrollment for employees. Primarily aimed at employers, benefits administrators, and retirement providers, SelectSmart streamlines the decision-making process by offering personalized benefit plan recommendations based on the unique needs of employees. The software's key features include automated benefit plan recommendations, intuitive user navigation, seamless employee engagement tools, and integrated reporting and analytics. By focusing on providing employees with tailored benefits options, SelectSmart helps employers manage their benefits offerings more efficiently, ultimately contributing to greater employee satisfaction and engagement with their benefits plans. The user interface of SelectSmart is well-organized, clean, and designed for simplicity. Navigating through the system is intuitive, with a dashboard that gives users quick access to all necessary functions. The user-friendly design ensures that even those with limited technical knowledge can quickly adapt to the system. Whether employers are setting up benefit options for employees or employees are using the system to select their benefits, the software makes the process straightforward.
Pros & Cons
- +Reduced Healthcare Costs: SAVVI claims that SelectSmart can save employees an average of $500+ per year and employers over $200,000 annually. This is achieved by helping employees choose the most cost-effective health insurance plans and by increasing enrollment in Health Savings Accounts (HSAs).
- +Improved Employee Wellbeing: By empowering employees to make informed decisions about their benefits, SelectSmart can help to reduce financial stress and lead to a happier, more engaged workforce.
- +Increased Employee Satisfaction: Testimonials on the SAVVI website suggest that employees appreciate the guidance provided by SelectSmart.
- +Data-Driven Insights: SelectSmart provides valuable data about employee needs and preferences, allowing employers to better tailor their benefit offerings.
- +Flexible Deployment Options: SelectSmart can be used as a standalone platform, integrated with existing systems, or fully integrated for a more powerful experience.
- +NextDollar Action Guidance: This feature helps employees make the most of their remaining paycheck by offering personalized advice on voluntary benefits, emergency savings, and retirement contributions.
- +Security: SelectSmart is SOC 2 Type II certified, demonstrating a commitment to data security.
- −Price Unknown: The pricing for SelectSmart is not available on the website, making it difficult to compare with competitors.
- −Limited Information: There is a lack of details about the software's functionalities like budget tracking, reporting capabilities, or integration with specific HR systems.
- −Limited Customer Reviews: While testimonials are provided, the lack of independent reviews makes it hard to gauge overall user experience.
- −Focus on US Market: The website and customer base seem primarily focused on the US market, potentially limiting features or support for international companies.
- −Uncertain Scalability: It's unclear if SelectSmart can scale to accommodate a growing company's needs.
Features
Key features
- Personalized Benefit Optimization
- Analyzes employee needs and preferences to recommend the best benefit options for each individual.
- Increased Savings
- Helps employees save money on healthcare costs by choosing the right plans and maximizing contributions.
- Reduced Employer Workload
- Streamlines the enrollment process for employers and reduces the need for outreach.
- Improved Employee Wellbeing
- Empowers employees to make informed decisions about their benefits, leading to greater financial security and peace of mind.
- Data-Driven Insights
- Provides valuable data about employee needs and preferences, allowing employers to better tailor their benefit offerings.
- Flexible Deployment Options
- Can be used as a standalone platform, semi-integrated with existing systems, or fully integrated for the most powerful results.
- NextDollar Action Guidance
- Helps employees make the most of their remaining paycheck by offering personalized advice on voluntary benefits, emergency savings, and retirement contributions.
Additional features
- Data Collection
- Gathers information about employee demographics, salary, and current benefits coverage.
- Benefit Preference Analysis
- Considers employee needs, budget, health status, and family situation.
- Personalized Recommendations
- Recommends the most cost-effective health insurance plans, HSAs, and supplemental insurance options.
- Enrollment Support
- Guides employees through the enrollment process and helps them understand their options.
- NextDollar Action Guidance
- Provides personalized advice on how to allocate remaining paycheck funds for maximum impact.
- Standalone Deployment
- Can be used independently alongside existing enrollment platforms.
- Semi-Integrated Deployment
- Integrates key benefit information with existing systems to improve the enrollment experience.
- Fully Integrated Deployment
- Offers the most powerful and engaging experience by combining comprehensive benefits data with SelectSmart guidance.
- Additional Information
- Proven ROI
- SAVVI claims that SelectSmart can save employees an average of $500+ per year and employers over $200,000 annually. (Citations provided on their website)
- Customer Satisfaction
- Testimonials from satisfied customers are featured on the website.
- Security
- SelectSmart is SOC 2 Type II certified, demonstrating a commitment to data security.
- Resources
- The website offers a variety of resources, including ROI calculators, case studies, and white papers.
Pricing
Countries & Languages
Interface languages
Billing currencies
No reviews yet
Be the first to drop a review
Alternatives to SelectSmart
ZumanHR
ZumanHR is a cloud‑based human resources platform designed to unify HR management, payroll processing, and…
Vimly Benefit Solutions
Vimly Benefit Solutions is a benefits administration software/platform from Vimly Benefit Solutions that simplifies the…
This Is Alice
This Is Alice is a content management platform from This Is Alice [designed for publishing…
The Retirement Analysis Kit
The Retirement Analysis Kit is a financial planning software from RetireReady Solutions that helps individuals…
About SelectSmart
SelectSmart is a decision-making software from SAVVI Financial that helps users make informed choices. It provides tools for scenario analysis, data visualization, and risk assessment so that users can evaluate different options effectively. The software allows users to analyze complex data sets and see potential outcomes, facilitating better planning and decision-making. With its user-friendly interface, SelectSmart enables individuals and organizations to understand their options thoroughly before making concluding decisions. Key capabilities: scenario modeling data analytics risk management reporting user collaboration Best for: financial analysts and decision-makers that need to evaluate various financial scenarios and their implications.
SelectSmart Details
SelectSmart's In-App Market Place
Does SelectSmart have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), JPY (¥), AUD ($), CAD ($), CHF (Fr), CNY (¥), SEK (kr), NZD ($), KRW (₩), INR (₹), RUB (₽), ZAR (R)
Pros & Cons
- Reduced Healthcare Costs: SAVVI claims that SelectSmart can save employees an average of $500+ per year and employers over $200,000 annually. This is achieved by helping employees choose the most cost-effective health insurance plans and by increasing enrollment in Health Savings Accounts (HSAs).
- Improved Employee Wellbeing: By empowering employees to make informed decisions about their benefits, SelectSmart can help to reduce financial stress and lead to a happier, more engaged workforce.
- Increased Employee Satisfaction: Testimonials on the SAVVI website suggest that employees appreciate the guidance provided by SelectSmart.
- Data-Driven Insights: SelectSmart provides valuable data about employee needs and preferences, allowing employers to better tailor their benefit offerings.
- Flexible Deployment Options: SelectSmart can be used as a standalone platform, integrated with existing systems, or fully integrated for a more powerful experience.
- NextDollar Action Guidance: This feature helps employees make the most of their remaining paycheck by offering personalized advice on voluntary benefits, emergency savings, and retirement contributions.
- Security: SelectSmart is SOC 2 Type II certified, demonstrating a commitment to data security.
- Price Unknown: The pricing for SelectSmart is not available on the website, making it difficult to compare with competitors.
- Limited Information: There is a lack of details about the software's functionalities like budget tracking, reporting capabilities, or integration with specific HR systems.
- Limited Customer Reviews: While testimonials are provided, the lack of independent reviews makes it hard to gauge overall user experience.
- Focus on US Market: The website and customer base seem primarily focused on the US market, potentially limiting features or support for international companies.
- Uncertain Scalability: It's unclear if SelectSmart can scale to accommodate a growing company's needs.
SelectSmart's Support Options
Email Address
info@savvifi.comSelectSmart's Alternatives
ZumanHR
ZumanHR is a cloud‑based human resources platform designed to unify HR management, payroll processing, and…
Vimly Benefit Solutions
Vimly Benefit Solutions is a benefits administration software/platform from Vimly Benefit Solutions that simplifies the…
This Is Alice
This Is Alice is a content management platform from This Is Alice [designed for publishing…
The Retirement Analysis Kit
The Retirement Analysis Kit is a financial planning software from RetireReady Solutions that helps individuals…
