Flexible Billing Features

HRPyramid features and functionality

What makes HRPyramid different than other HRO software?

• Flexible billing methods and invoice formats
• Multiple billing rates for one group benefit plan
• Bundled billing—client is billed one administration fee, regardless of individual charges
• Unbundled billing—client is charged specific fees per billing item
• Special discounted rate periods can be applied to regular benefit billing rates
• Billing events may be scheduled in advance
• Multiple methods of charging administration fees including minimum/maximum capabilities
• Profitability reporting generated by client
• New employee setup fees captured upon entering a new hire record

Administration Billing

• Multiple line overrides
• Assign special rates within date range
• Administration fees in addition to bundled and unbundled rates
• Admin fee methods include:
• Units
• Hours Worked
• Percent of Wages
• Amt per Check
• Monthly Rate/52 weeks
• Monthly Rate/48 weeks
• Employee Minimum
• Employee Maximum
• Invoice Minimum
• Invoice Maximum
• Admin fee limiters include:
• Pay Code
• Employee
• Voucher Type
• Employee Type
• Pay Group
• Job Code
• Benefit Plan
• Pay Class
• Pay Cycle
• Home Location Code
• Benefit Plan Type

Arrears Processing

• Client billed for an employee’s benefit premiums whether or not the employee earns a pay check during the payroll period
• If an employee does not work, the benefit premium deduction is sent to arrears where it accumulates until the employee takes another check, at which time it is charged against that check