Watson Wyatt updates benefit-management tool

Edited by the Employeebenefitstalk editorial team Jan 18, 2010

Watson Wyatt has released a new version of its Bentrack online tool, which helps multinationals manage the costs and risks associated with benefit and compensation programs across global operations.

Bentrack enables multinational organisations to centrally manage benefit and compensation plan data from multiple countries, subsidiaries, divisions or employee groups.

With local language capabilities and access to benefit prevalence data, this user-friendly tool helps companies better maintain consistency and assess the competitiveness of their benefit programs.

The new version of Bentrack includes improvements such as: greater flexibility; more robust, user-defined reporting; specialised governance tools to drive process and accountability; customisable templates and checklists that can facilitate plan harmonisation after a merger or acquisition; access to market data for more than 60 countries; and up-to-date benefits-related news.