Forma

Forma is a benefits platform designed to create customizable, inclusive, and global benefits programs that fit every employee. It offers a suite of flexible benefits, including pre and post-tax spending accounts, a personalized benefits store, and a convenient Forma Card for employees. The platform also provides robust claims administration and comprehensive dashboard reporting to help organizations manage their benefits programs efficiently.

Benefits

Forma offers several key advantages for different stakeholders:

• Companies: Can offer attractive benefits packages while optimizing spend.
• Benefits Professionals: Can eliminate countless hours managing multiple vendors.
• Employees: Get unmatched flexibility to choose benefits meaningful to them.
• Brokers: Can maintain customer loyalty and adapt to emerging best practices.

Use Cases

Forma's platform is ideal for organizations looking to streamline their benefits administration and enhance employee satisfaction. It is particularly useful for companies that want to offer flexible, personalized benefits to their employees. The platform can be used to manage various types of spending accounts, provide a personalized benefits store, and offer a convenient Forma Card for employees. It also helps organizations keep up-to-date on budget, usage, and claims approvals through comprehensive dashboard reporting.

Vibes

Forma's platform has shown significant positive impacts on organizations, including:

• Reduced employee inquiries by more than half.
• Saved $1 in LSA saved $6 in healthcare costs.
• Reduced admin time from 128 hours/month to just 15 minutes.
• Saved over $500k in 6 months by replacing an expense ticketing system.
• Achieved over 97% LSA participation among employees.
• Reduced time reviewing receipts by over 80%.
• Reduced employee call volume by more than 20 times.

Testimonials from satisfied clients highlight the platform's ease of use, administrative efficiency, and positive impact on employee satisfaction and benefits utilization.

Additional Information

Forma offers a range of resources to help organizations get the most out of their benefits programs, including a 2025 Lifestyle Spending Accounts benchmark report, a primer on Lifestyle Spending Accounts, and case studies such as Microsoft's global LSA strategy.

For more information, visit the Forma website and explore their comprehensive resources and platform offerings.