Benefit Resource takes the pre-tax benefit account experience to a new level with the release of BRiAlerts – notifications which provide real-time balance and adjudication alerts for Flexible Spending Accounts (FSAs), Health Reimbursement Accounts (HRAs) and Commuter Benefit Accounts.
“We continually strive to create a more convenient and hassle-free experience for our participants. BRiAlerts eliminates any guesswork when it comes to using the Beniversal® and eTRAC® Prepaid Mastercard®,” commented Anthony DiBarnaba, president of Benefit Resource.
Participants can now elect to receive a variety of notifications, via text message and/or email, which will alert them to activity on their account(s). Deposit alerts will let participants know exactly when funds are posted to their accounts, along with the updated balance amount. Potential duplicate transaction notices will assist in protecting account funds by alerting cardholders whenever a duplicate transaction is suspected. Card purchase and denial alerts will inform participants as transactions occur. As an industry first, the card purchase alert will provide real-time adjudication which indicates if an FSA or HRA transaction may require additional documentation.
“No longer will participants need to dig through a pile of receipts. Now, in real-time, they will know if a receipt is needed. Then, using our industry-leading BRiMobile app, they can simply take a photo of the receipt and submit it as the transaction occurs,” explained Tom Guiler, vice president of Benefit Resource. “We’re confident that clients and participants alike will see this as a key advantage when electing their tax-free benefit plans.”
BRiAlerts and the BRiMobile app are available to participants in a pre-tax benefit account with Benefit Resource. To begin receiving alerts, participants can log in to their Benefit Resource account at www.BenefitResource.com and update their notification preferences. BRiMobile can be downloaded from the Apple App Store or Google Play for Android devices. For more information on BRiMobile, visit www.BenefitResource.com/tools.
About Benefit Resource
Benefit Resource administers tax-free employee benefit plans for more than 2,200 employer plans nationwide, reaching over 2 million employees. Unlike payroll or human resource companies, Benefit Resource focuses solely on administration of tax-free benefits, including: Flexible Spending Accounts, Health Savings Accounts, Health Reimbursement Accounts and Commuter Benefit Plans. These plans allow employees to set aside tax-free dollars to pay for medical care, dependent care, mass transit and parking.
Benefit Resource, founded in Rochester, New York in 1993, is the leader in card technology for tax-free employee benefit plans and has aligned with Mastercard International to streamline plan administration, reduce overhead costs for employers and improve convenience and security for employees.