Stay Ahead of ACA Compliance with ACA-Track’s Automated Features

As businesses continue to grow and evolve, managing ACA compliance becomes an increasingly complex task. The Affordable Care Act (ACA) mandates a range of tracking, reporting, and filing requirements that change frequently, and staying compliant can be overwhelming without the right tools. ACA-Track provides businesses with automated solutions that make compliance easy, ensuring that you stay ahead of deadlines, reduce errors, and avoid costly penalties.

The Challenges of Staying Compliant with ACA

ACA compliance requires businesses to track the number of full-time employees, monitor hours worked, and determine which employees are eligible for health coverage. It also requires timely and accurate reporting to the IRS, such as submitting Forms 1095-C and 1094-C. These processes are critical to staying compliant, but they can be incredibly time-consuming and prone to error, especially for businesses with large or fluctuating workforces.

Manual tracking, filing, and monitoring can lead to mistakes—whether that’s failing to submit a form on time, miscalculating hours worked, or not offering coverage to employees who are eligible. The risk of IRS penalties and potential audits is high if your business doesn’t have an automated system to help manage these processes effectively.

How ACA-Track’s Automation Simplifies Compliance

ACA-Track offers a suite of automated features designed to simplify ACA compliance for businesses of all sizes. By automating the most time-consuming and error-prone tasks, ACA-Track helps businesses stay compliant while saving time and reducing administrative burden. Here’s how ACA-Track’s automation can streamline your compliance efforts:

• Automated Data Collection: ACA-Track integrates with your existing payroll, timekeeping, and HR systems to automatically collect data on employee hours worked, eligibility for health coverage, and health benefits offered. The system ensures that all employee data is accurate and up-to-date, eliminating the need for manual data entry and reducing the risk of errors.
• Real-Time Monitoring of Employee Eligibility: With ACA-Track, you can automatically monitor employee eligibility for health coverage. The system tracks employee hours worked and eligibility status in real time, sending alerts when an employee crosses the threshold for full-time status or becomes eligible for benefits under ACA guidelines.
• Automated IRS Form Generation: ACA-Track automatically generates Forms 1095-C and 1094-C, pre-populating them with the correct employee data. The platform eliminates the need for manual data entry, ensuring that the forms are accurate and complete. Once the forms are generated, ACA-Track allows you to e-file directly with the IRS, ensuring timely submission and reducing the chances of penalties.
• Proactive Alerts and Notifications: ACA-Track provides real-time notifications to keep your business on track. These alerts remind you of important deadlines, such as upcoming IRS filing dates, and notify you of any changes in employee eligibility. The system also flags potential issues or discrepancies in your data, allowing you to correct them before filing to avoid mistakes.
• Automated Error Checking: ACA-Track performs automated data validation checks to ensure the accuracy of all information before submission. The platform scans for common errors, such as missing hours or incorrect employee classifications, and flags them for review. This reduces the risk of submitting incorrect forms to the IRS and helps ensure that your compliance efforts are always error-free.

Scalability to Fit Your Business’ Growth

As your business grows, ACA compliance becomes more complicated. Whether you’re adding new employees, expanding to different locations, or changing benefits offerings, ACA-Track can scale with your business to meet its evolving needs. The platform’s scalability ensures that businesses of all sizes—from small startups to large enterprises—can continue to manage ACA compliance effectively, no matter how their operations grow.

With ACA-Track, you can easily handle compliance across multiple EINs, track different measurement periods, and manage varying employee classifications. Whether you’re managing a workforce of 50 employees or thousands, ACA-Track provides the flexibility and automation needed to ensure that your compliance efforts are always in sync with your business’s size and structure.

Real-Time Reporting and Audit-Ready Data

ACA-Track simplifies ACA reporting by providing businesses with real-time reports that can be accessed at any time. Whether you need to generate a report for IRS filing, track hours worked, or monitor eligibility, ACA-Track provides customizable reporting tools that allow you to generate and filter reports based on employee groups, time periods, or locations.

In addition to real-time reporting, ACA-Track stores all your ACA-related data securely, ensuring that your business is always audit-ready. The platform tracks historical data, monitors changes over time, and allows you to easily retrieve records for audits or other compliance inquiries. With ACA-Track, you can quickly respond to audit requests with accurate and detailed data, reducing the stress and complexity of the audit process.

Expert Support for Ongoing Compliance

Compliance with ACA regulations is an ongoing responsibility, and ACA-Track is here to support your business every step of the way. Every ACA-Track client is assigned a dedicated account manager who provides personalized support, training, and guidance. Whether you need help understanding new ACA regulations, addressing data discrepancies, or optimizing your compliance process, ACA-Track’s expert team is always available to assist you.

In addition to personalized support, ACA-Track provides regular updates and training to keep your team informed about the latest changes in ACA regulations. Our goal is to ensure that your business remains compliant year after year, with minimal effort and maximum accuracy.

Start Automating Your ACA Compliance with ACA-Track

Managing ACA compliance doesn’t have to be a headache. With ACA-Track’s automated features, businesses can save time, reduce errors, and ensure accurate, timely reporting. From data collection and eligibility tracking to IRS filing and error checking, ACA-Track automates every aspect of ACA compliance, allowing your business to stay ahead of regulatory requirements and focus on growth.

If you’re ready to streamline your ACA compliance efforts, save time, and reduce risk, visit ACA Compliance Services today to learn how ACA-Track can help your business stay on track and compliant with ease.