# Available now! 2026 global lifestyle spending accounts benchmark report

Explore Forma's benchmark report, the definitive resource for insights and trends about LSAs and the flexible benefits landscape.

[Download the report](/content/resources/lifestyle-spending-accounts-benchmark-report?utm_source=website&utm_medium=banner&utm_campaign=Q12026_benchmark_report/index.html)

**For Forma members please submit questions to [support@joinforma.com.](mailto:support@joinforma.com)**

### Case Study: Microsoft's global LSA strategy

How Microsoft’s benefits program for 220K employees across 100+ countries set new standards for global employee wellness.

[Read here](/content/resources/microsoft-scales-personalized-wellness-benefit/index.html)

# 10 employee benefits platform providers to consider in 2025

Explore our list of the 10 best employee benefits platform providers for 2025. Find the perfect solutions to elevate your employee engagement and retention strategies.

## Types of employee benefits platforms

When considering employee benefits platform providers, it's important to understand the different types of platforms available. Each type offers unique features and advantages, allowing you to choose the solution that best aligns with your organization's needs and goals.

### 1. All-in-one platforms

All-in-one platforms provide a comprehensive suite of HR and benefits management tools, covering a wide range of functions such as payroll, time tracking, and performance management.

### 2. Specialized benefits platforms

Specialized benefits platforms focus on specific aspects of benefits administration, such as health insurance, retirement plans, or flexible spending accounts.

### 3. Customizable platforms

Customizable platforms allow employers to tailor their benefits offerings to meet the unique needs and preferences of their workforce.

## 10 best employee benefits platform providers: At a glance

| Platform | Best for | Types of benefits |
| --- | --- | --- |
| Forma | Best overall for flexible and personalized benefits | Flexible spending accounts, lifestyle benefits, wellness programs |
| Workday | Large enterprises needing comprehensive HR solutions | Comprehensive health, retirement, and wellness benefits |
| Oracle Cloud HCM | Global organizations requiring advanced HR and benefits tools | Global benefits administration, compliance, and workforce support |
| Dayforce | Companies looking for an all-in-one HCM and payroll solution | Integrated benefits, payroll, and workforce management solutions |
| UKG (Ultimate Kronos Group) | Workforce management and HR services for mid-to-large companies | HR, payroll, and benefits administration with workforce analytics |
| Paycom | Businesses needing payroll, talent, and benefits management | Payroll, talent management, and customizable employee benefits |
| Alight Solutions | Organizations seeking cloud-based human capital solutions | Enterprise-level health, financial, and retirement benefits |
| Deel | Remote and international teams needing global payroll and benefits | Global payroll, contractor management, and remote work benefits |
| BambooHR | Small to mid-sized businesses looking for user-friendly HR software | Health, retirement, and performance-based benefits for SMBs |
| Zenefits | Startups and small businesses wanting integrated HR and benefits | HR-integrated health, wellness, and retirement benefits |

## Benefits of using an employee benefits platform

An employee benefits platform offers several advantages that can significantly improve your benefits administration process and enhance the overall employee experience.

### Streamlined administration

One of the primary benefits of using an employee benefits platform is the ability to streamline administrative tasks.

### Improved employee experience

Employee benefits platforms provide a user-friendly portal where your employees can easily access and manage their benefits.

### Cost savings

Implementing an employee benefits platform can also lead to cost savings for your organization.

### Integration with existing systems

Many employee benefits platforms seamlessly integrate with your existing HR and payroll systems.

### Enhanced communication and engagement

Employee benefits platforms often include communication tools that help you effectively engage with your employees about their benefits.

## Final thoughts – What is the best employee benefits provider in 2025?

After reviewing the top employee benefits platforms, Forma stands out as the best choice for companies looking to offer flexible, personalized, and seamless benefits experiences.

**_If your organization is looking for a modern, scalable, and employee-first benefits provider, Forma is the ideal solution._**