Maintaining ACA compliance is an ongoing challenge for businesses. With shifting regulations, new requirements, and a growing workforce, ensuring your business stays compliant can be both time-consuming and difficult. ACA-Track offers a comprehensive, automated solution that simplifies and streamlines the entire ACA compliance process, reducing the risk of costly penalties and compliance errors.
With its Full-Service ACA Tracking and Reporting, ACA-Track is designed to make ACA compliance easier and more efficient, helping businesses stay on track and avoid common pitfalls.
The Need for Long-Term ACA Compliance Management
ACA compliance is not a one-time task; it’s a year-round responsibility that requires continuous monitoring and accurate reporting. As regulations evolve and businesses grow, maintaining compliance becomes increasingly complex. Small errors, missed deadlines, or inaccurate reporting can lead to penalties that are costly both financially and legally.
As part of its commitment to simplifying ACA compliance, ACA-Track automates key processes, ensuring that businesses can easily track employee hours, manage eligibility, and submit accurate IRS forms. This long-term, automated solution helps businesses stay on top of ACA requirements, avoid penalties, and ensure consistent compliance with every reporting period.
Key Features of ACA-Track for Long-Term Compliance
1. Continuous Employee Hour and Eligibility Tracking
One of the most important aspects of ACA compliance is tracking employee hours and benefits eligibility throughout the year. With ACA-Track, businesses don’t need to worry about manually tracking hours or recalculating eligibility as employees move in and out of full-time status. The platform integrates with existing timekeeping and payroll systems to automatically track hours worked and monitor eligibility for healthcare benefits.
By automating the tracking process, ACA-Track ensures that businesses stay compliant year-round, without the risk of missing any important milestones or deadlines. The system continuously monitors employees’ status, sending alerts when eligibility thresholds are met, and helping businesses make timely adjustments to coverage offerings as necessary.
2. Automation of IRS Forms 1094-C and 1095-C
Preparing and submitting IRS Forms 1094-C and 1095-C is a critical component of ACA compliance, but it is also one of the most time-consuming and error-prone tasks. ACA-Track automates the entire process of generating and submitting these forms, ensuring that they are completed accurately and filed on time.
By pulling employee data directly from integrated systems, ACA-Track auto-fills these forms with accurate information, including the necessary ACA codes. Once the forms are generated, ACA-Track makes it easy to electronically file them with the IRS, reducing the risk of manual errors and avoiding the penalties associated with late or inaccurate filings.
With this automated process, businesses can confidently submit IRS forms on time, every time, ensuring long-term compliance with ACA requirements.
3. Real-Time Error Detection and Automated Corrections
Errors in ACA compliance reporting can lead to significant penalties. ACA-Track helps businesses avoid costly mistakes with its advanced error detection capabilities. The system scans employee data in real-time, flagging discrepancies such as missing information, incorrect ACA codes, or inconsistencies in employee hours.
If an error is detected, ACA-Track sends immediate alerts, allowing businesses to address and correct issues before submitting forms to the IRS. Additionally, ACA-Track allows for easy correction of errors within the platform, eliminating the need for lengthy back-and-forth with the IRS.
Whether correcting an employee’s status, adjusting hours, or updating benefits coverage, ACA-Track simplifies the error correction process, ensuring that your business remains compliant and minimizing the risk of penalties.
4. Seamless Data Integration Across Systems
Managing ACA compliance requires data from multiple sources, including timekeeping systems, payroll software, and HR platforms. ACA-Track integrates seamlessly with all of these systems, consolidating employee data into a single platform.
This integration ensures that your business has access to accurate, up-to-date information without needing to manually cross-reference or update multiple systems. By centralizing employee data and automating data entry, ACA-Track eliminates the need for businesses to manually transfer data between systems, reducing the risk of errors and improving data accuracy.
This streamlined process ensures that your business is always working with the most current and accurate data for ACA compliance, both now and in the future.
5. Comprehensive Compliance Reporting and Analytics
ACA-Track offers robust reporting capabilities to help businesses track compliance progress and monitor key metrics. Whether you’re reviewing hours worked, eligibility status, or coverage offerings, ACA-Track provides customizable reports that allow you to filter and analyze compliance data based on specific criteria.
The platform’s real-time analytics also help businesses make informed decisions about benefits offerings and ACA compliance. Whether you need to track employee eligibility trends or assess the effectiveness of your healthcare plans, ACA-Track provides the insights you need to make data-driven decisions and ensure long-term compliance.
6. Long-Term Compliance Support with Dedicated Account Managers
One of the most valuable aspects of ACA-Track is the ongoing support provided by dedicated account managers. Every ACA-Track client is paired with an account manager who serves as a trusted advisor throughout the compliance process.
Whether you need help with a specific ACA regulation, require guidance on data issues, or want assistance with IRS filings, your dedicated account manager is always available to provide personalized support and ensure your business stays on track.
With a dedicated account manager, businesses can navigate the complexities of ACA compliance with confidence. ACA-Track’s customer support team is committed to ensuring that businesses meet ACA deadlines and avoid penalties, helping businesses succeed in the long run.
Why ACA-Track is the Key to Your Long-Term ACA Compliance Success
ACA compliance is an ongoing responsibility that requires constant monitoring and accurate reporting. ACA-Track offers a solution that simplifies compliance, reduces risks, and saves valuable time.
By automating the key tasks of ACA compliance—such as employee hour tracking, IRS form generation, error detection, and data reporting—ACA-Track helps businesses stay compliant without the burden of manual tracking or the risk of costly mistakes.
With real-time tracking, automated error detection, seamless system integration, and personalized support, ACA-Track ensures that your business can confidently manage ACA compliance year after year.
Whether you’re managing a small team or a large workforce, ACA-Track adapts to your needs, ensuring long-term success in ACA compliance.
Don’t let ACA compliance become a burden. Streamline your compliance process and reduce the risk of penalties with ACA-Track. Visit Full-Service ACA Tracking and Reporting to learn more about how ACA-Track can help your business stay compliant and succeed in the long term.
