iSystems, the company behind the Evolution software, understands the complexity behind this challenging legislation and has developed comprehensive tools, reports, and dashboards to ensure compliance with the Affordable Care Act (ACA). Evolution’s ACA functionality helps businesses assess and report on employees’ eligibility and the impact ACA will have on a business.
In addition to Forms 1094 and 1095 B and C, Evolution HCM offers several reports to help ensure that your clients’ business is up-to-date with ACA requirements. These reports include:
- ACA Full-Time Eligibility (FTE) Report
- ACA Eligibility Report
- Rule of Parity and Inactive Employee Report
- ACA 1095 Edit Report, ACA 1095 Preview Report
- ACA Affordability Report
- ACA Status Audit Report
ACA Functionality Features
Automatic Status Update
The ACA Status Update Scheduler Task is designed to automatically update the ACA Status field of employees after the Initial Measurement Period, and as employees are moving through their Stability Periods. This helps to automate the ACA Compliance process by eliminating the need to manually review several reports and update the Employee ACA Status manually.
Automated ACA Data Collection
Evolution automatically updates employees’ information every time a change is made by an employee, so your clients don’t have to. This ensures that all employee information is updated and consistent for reporting purposes.
Quick Imports Using EvoExchange
Importing 1094/1095 B and C employee information has never been so easy. By using EvoExchange’s new Employee and HR data packages, your clients will be efficiently prepared for ACA reporting.