Helios Global Payments Solutions, the AI-powered global human capital management (HCM) and payments platform, announces its strategic integration with Kota, a fintech, making employee insurance and retirement benefits more accessible. This integration aims to provide health benefits for employees in selected countries outside of the United States, further solidifying Helios’ commitment to simplifying and strengthening the management of global workforces.
Renowned for its innovative approach to providing global benefits, Kota offers a wide array of options, from health insurance and retirement plans to life assurance. The integration of Kota’s embedded insurance solution across Helios’ cutting-edge platform will offer users instant access to popular health insurance providers to set-up and manage group health insurance programs that feed right into Helios payroll reconciliation. The strategic partnership will empower multinational organizations to offer competitive, localized benefits packages to their international teams to support global expansion.
“Partnering with Kota addresses a crucial challenge in managing global workforces by providing seamless access to comprehensive and compliant benefits across borders,” said Rick Hammell, Founder and CEO of Helios. “This integration enables our clients to navigate the complexities of international benefits with ease, ensuring their teams worldwide receive competitive, compliant and localized coverage. By simplifying benefits administration through our centralized portal, we enhance employee satisfaction and retention, ultimately driving future success for multinational organizations.”
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Additionally, organizations will have access to real-time data and analytics, ensuring that benefits administration is accurate, efficient and compliant with country-specific regulations. Organizations can manage everything from payroll and compliance to benefits and employee engagement through a single, user-friendly interface.
“Employee benefits have always been an expensive and administrative project for companies. With more and more companies becoming distributed, that difficulty increases. With Helios makes employment and payroll a much easier task for companies, we couldn’t be more excited to make benefits. By offering comprehensive benefits, Helios and Kota help organizations build a supportive and engaged workforce, which is crucial for retaining top talent in a competitive global market,” said Luke Mackey, Co-Founder and CEO at Kota.
SOURCE: PRNewswire