What makes ACA-Track a valuable investment for ACA compliance?

ACA-Track delivers value by automating complex ACA tracking and reporting processes, helping organizations avoid IRS penalties and reduce compliance costs. Its intuitive platform lowers manual workload, allowing companies to reallocate resources more strategically.

How does ACA-Track improve compliance accuracy and reduce risk?

By integrating data from multiple sources and providing error detection with color-coded alerts, ACA-Track ensures accurate reporting. Early identification of potential issues allows corrective action before submissions, significantly lowering the risk of audits and penalties.

In what ways does ACA-Track enhance operational efficiency?

ACA-Track consolidates ACA compliance data in a single secure platform, enabling quick access and streamlined workflows. Customizable dashboards and reporting tools save time for HR, payroll, and finance teams, making compliance management faster and less error-prone.

What business insights can companies gain from ACA-Track?

The platform’s data-rich analytics help businesses better understand workforce eligibility trends and insurance coverage patterns, supporting informed decision-making related to benefits offerings and labor management.

Does ACA-Track support secure handling of sensitive employee information?

Absolutely. ACA-Track employs robust security measures including encryption, SOC 2 Type 2 compliance, and secure data transfer protocols to protect personal and ACA data, ensuring confidentiality and regulatory compliance.

Growth, ROI, and Business Impact

How ACA-Track Drives Growth, ROI, and Business Impact Through ACA Compliance

In today’s complex regulatory landscape, Affordable Care Act (ACA) compliance remains a critical yet challenging priority for many employers. Failure to properly track employee hours, report accurately, and meet IRS requirements can lead to costly penalties and operational disruptions. Enter ACA-Track — a powerful, data-driven ACA compliance solution designed to simplify these complexities, reduce risk, and deliver measurable business impact.

This detailed blog post explores how ACA-Track empowers organizations to achieve growth, maximize return on investment (ROI), and positively impact their business through streamlined ACA compliance management.

Understanding ACA Compliance and Its Business Importance

The Affordable Care Act (ACA) places significant responsibilities on Applicable Large Employers (ALEs)—those with 50 or more full-time or full-time equivalent (FTE) employees—to provide affordable health coverage and report employee health insurance data to the IRS accurately. Noncompliance can result in severe penalties, including:

Shared Responsibility Payment fees (potentially thousands per employee)
Fines for late or incorrect reporting
IRS penalty letters such as the dreaded 226-J

Given the high stakes, ACA compliance is more than a regulatory burden — it’s a business imperative.

ACA-Track: Simplifying ACA Compliance for Business Growth

ACA-Track’s mission is clear: Collect. Monitor. Report. This straightforward approach helps organizations navigate ACA compliance with confidence and ease.

Comprehensive Data Collection

ACA-Track collects actual hours worked from all employee types — full-time, part-time, variable hour, paraprofessional, and substitutes — by integrating seamlessly with payroll systems, HRIS, timekeeping, manual timesheets, and even employee mobile inputs.

This granular data collection enables accurate classification of employees under ACA rules, a crucial step for minimizing risk and ensuring only eligible employees receive insurance offers.

Real-Time Monitoring and Alerts

The software continuously monitors employee eligibility thresholds and ACA events like waivers and leaves, providing advance alerts before an employee crosses into full-time status. This proactive monitoring reduces surprises and allows HR, payroll, and benefits teams to manage workforce compliance smoothly.

Confident Reporting

ACA-Track automates creation of critical IRS forms — 1094-C and 1095-C — and enables electronic filing of XML files directly to the IRS. All ACA data is maintained centrally for quick retrieval, audit defense, and state exchange requests.

The platform’s user-friendly dashboard with customizable views, color-coded alerts, and detailed filters equips users with powerful analytics to catch errors early and report with confidence.

How ACA-Track Boosts ROI for Employers

Investing in ACA compliance technology like ACA-Track yields tangible financial benefits:

Penalty Avoidance

Accurate tracking and timely filing prevent costly IRS penalties, which in 2020 ranged from $50 to $270 per return, escalating up to millions for large employers with repeated failures. Avoiding even a single penalty event represents a significant ROI.

Operational Efficiency

ACA-Track’s intuitive interface and integration with existing systems reduce manual data handling, saving HR and payroll teams countless hours previously spent reconciling hours, statuses, and insurance offers.

Employers benefit from dedicated Client Success Advisors who ensure smooth implementation and ongoing support, minimizing the risk of costly compliance errors.

Reduced Audit Risk

By storing and maintaining all compliance data securely in one place, ACA-Track simplifies responding to IRS audits or inquiries, avoiding disruption and potential financial exposure.

The platform’s data encryption and compliance with security standards (SOC 2 Type 2, SSAE 16, HTTPS) protect sensitive employee information, reducing legal risk from data breaches.

Driving Business Impact Beyond Compliance

While ACA-Track’s primary function is compliance, its influence on broader business outcomes is significant:

Improved Workforce Planning

By accurately tracking hours and eligibility, organizations gain deeper insights into employee work patterns, enabling smarter scheduling and resource allocation decisions that can enhance productivity.

Cross-Departmental Collaboration

ACA compliance touches benefits, payroll, HR, and finance. ACA-Track facilitates this collaboration by centralizing data and reporting workflows, fostering alignment and transparency across departments.

Scalability and Flexibility

As businesses grow or change, ACA-Track’s flexible configuration options — measurement periods, stability periods, affordability calculations, waiver codes — adapt easily, supporting organizational growth without compliance headaches.

Why ACA-Track is the Trusted ACA Compliance Solution

Developed and powered by PSST, a software and integration firm with over 30 years of experience, ACA-Track is built to meet the needs of today’s complex regulatory environment with:

Seamless integration with payroll and HR systems
Detailed, customizable reporting and audit-ready data retention
A secure, cloud-based infrastructure certified to the highest standards
A dedicated Client Success Advisor for personalized, ongoing support
Competitive pricing plans tailored to businesses of all sizes

Employers looking to confidently navigate ACA compliance while driving growth and maximizing ROI need look no further than ACA-Track.

Final Thoughts

ACA compliance is far too critical to leave to chance or manual processes. The complexity of tracking varied employee hours, understanding eligibility, filing accurate reports, and avoiding costly penalties demands a robust solution.

ACA-Track not only simplifies these tasks but transforms ACA compliance into a strategic advantage — reducing risk, cutting costs, improving operations, and supporting business growth.

If your company is ready to take control of ACA compliance and unlock the associated ROI and business impact, explore more about ACA-Track today.