Bond International Software, the global provider of staffing and recruitment software, today provided details on the ability of its AdaptSuite staffing software to export relevant Affordable Care Act (ACA) related employee data, to prepare and file IRS forms 1095-B, 1094-B, 1095-C and 1094-C through a partnership with Greenshades.
Staffing agencies are facing the IRS mandate that Applicable Large Employer members (ALE’s), defined as those with 50 or more full time or full time equivalent employees, certify whether or not they offered health insurance to such employees. The IRS forms also serve to confirm whether the Employer provided Affordable Minimum Essential Coverage, whether that coverage was self-funded and which Employees and their Dependents accepted certain types of coverage during the year.
Working in partnership with Greenshades, Bond AdaptSuite staffing software customers will be able to extract files of the relevant ACA data from their AdaptSuite software that can be edited or appended as necessary prior to reporting. In addition, customers will have the ability to aggregate data from multiple sources into a single reporting mechanism. Benefits and Insurance information can be added into the export file and then uploaded into Greenshades for the appropriate printing or filing of these IRS forms.
Dave Williams, CEO of Bond International Software, Inc., stated that, “We at Bond are very aware of the impact this complicated legislation has on our customers. We have put a lot of time and resources into creating a solution that will enable our customers to easily complete and file the mandated government forms. Our chosen partners share that same understanding, and together we are excited to offer this best in breed solution.”
For more information on Bond U.S., please visit www.bond-us.com or call 800-318-4983.