Staffing agencies face unique challenges in managing ACA compliance due to their diverse and dynamic workforces. With a high volume of variable-hour employees, seasonal staff, and rapid workforce turnover, maintaining compliance can be complex. ACA-Track is a tailored solution that simplifies ACA compliance for staffing agencies, enabling them to meet their requirements efficiently and accurately.
Key Challenges for Staffing Agencies
ACA compliance for staffing agencies requires careful tracking and management to address challenges such as:
- Monitoring hours worked by variable-hour and temporary employees across multiple client assignments.
- Determining eligibility for healthcare coverage under ACA guidelines.
- Generating and submitting accurate Forms 1094-C and 1095-C to the IRS on behalf of diverse employee groups.
These complexities demand a flexible and robust solution to manage compliance effectively.
How ACA-Track Helps Staffing Agencies
ACA-Track provides a range of features designed to address the specific needs of staffing agencies:
- Comprehensive Data Integration: The platform consolidates data from timekeeping systems, payroll platforms, and other sources to ensure accurate tracking of hours worked across various roles and assignments.
- Real-Time Monitoring: ACA-Track offers alerts for eligibility thresholds, enabling proactive compliance management.
- Automated Reporting: The software streamlines the creation and electronic submission of IRS forms, saving time and reducing the risk of errors.
- Error Detection: Built-in tools identify and resolve data inconsistencies, ensuring compliance accuracy and reducing penalties.
Dedicated Support for Staffing Agencies
With ACA-Track, staffing agencies gain access to dedicated account managers who specialize in the unique compliance challenges of the industry. From handling data uploads to resolving IRS corrections, ACA-Track’s experts provide personalized guidance at every step.
The platform also offers customizable dashboards and analytics tools, empowering agencies to monitor compliance data in real-time and make informed decisions.
Secure and Scalable Solutions
ACA-Track ensures data security with encrypted storage and compliance with SSAE 16 SOC 2 standards. Its scalable design supports agencies of all sizes, ensuring they can manage compliance as they grow and adapt to changing needs.
ACA compliance doesn’t have to be a burden for staffing agencies. With ACA-Track, you can simplify processes, reduce risks, and focus on matching talent with opportunity. Learn more about how ACA-Track can support your staffing agency’s compliance needs today.
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