Last Updated
Overview
Forma accelerates employee engagement and inclusion with customizable spending accounts. While the platform’s chatbot does not provide answers to diverse queries, it offers global reach and fast claims processing, allowing users to achieve sustained business growth.
Overall Rating
Based on 4 users reviews
5
Rating Distribution
Positive
100%
Neutral
0%
Negative
0%
Starting Price
Custom
Forma Specifications
- Benefits Administration
- Compensation and Benefits Administration
- Employee Self-Service Portal
- HR Analytics and Reporting
What Is Forma?
Forma software provides a unified benefits platform including ‘Lifestyle Spending Accounts’ (LSA), HRA, HSA, FSA, and education assistance. It delivers consumer‑grade interfaces for employees to select meaningful perks, premium‑sourced items, or Visa card purchases. The platform enables employers to configure flexible account types, eligibility, recurring or one‑time funding, and various spending categories. It also manages claims administration automatically and ensures compliance, reporting, budgeting, and analytics support.
Forma Pricing
Forma Integrations
Forma integrates with:
Who Is Forma For?
Forma is mainly designed for professionals working in the human resources (HR) sector.
Is Forma Right For You?
Forma software is suitable for businesses aiming to reduce benefits complexity while increasing utilization and satisfaction. It delivers flexible, customizable spending accounts employees actually use, with high annual utilization and member satisfaction. The platform also reduces administrative burden and costs through automated claims, integrated compliance, and seamless HRIS integration.
Still uncertain if Forma is right for you? Contact our customer helpline at (661) 384-7070 for further guidance.
Forma Features
Customizable Spending Accounts
Forma offers customizable spending accounts that allow employers to define eligibility rules, funding cadence, and expense categories. It enables employees to choose how to spend their allowance on wellness, learning, caregiving, home office, and more based on defined parameters.
Claims Administration
The software claims are processed automatically according to employer‑defined rules, removing manual tasks and reducing administrative burden. Its submission flows allow reimbursement or Visa‑card purchases with minimal friction and fast payment turnaround.
Dashboard And Reporting
The platform’s dashboards enable tracking of budget utilization, claims approvals, member engagement, and overall program health in real time. Its analytics support enables data-driven decision‑making, benchmarking and optimization of spend.
Consumer Grade Experience
The system’s consumer‑grade UI presents a clean, intuitive interface for benefit discovery, purchasing, and claims submission on desktop or mobile browsers. Its integrated ‘Forma Store’ and ‘Visa Card’ options allow employees to shop directly or pay without additional expenses.
Pros And Cons of Forma
Pros
Offers customizable spending accounts
Provides consumer-grade UI with store and Visa card options
Delivers automated claims and analytics
Integrates with numerous tools
Cons
Does not allow to delete or edit a response
Its chatbot does not provide suitable answers for diverse questions
Forma Reviews
Total 4 reviews
5
All reviews are from verified customers
Rating Distribution
5
Stars100%
4
Stars0%
3
Stars0%
2
Stars0%
1
Stars0%
Share your experience
Enterprise, 500+ employees
“Easy and clean Interface”
Pros
I appreciate how easy this system is to use. Submitting claims is so simple and stress free. Plus, getting reminders about benefits that are about to expire shows that they really care about their customers and those little things make all the difference. I also love that they notify me when my claim gets approved.
Cons
Honestly, it'd be so much better if they sent an email whenever a claim gets denied. That would definitely make things a lot easier.
Rating Distribution
Ease of use
8
Value for money
9
Customer Support
10
Functionality
9
Small Business, 11-50 employees
“Best wellness reimbursement software”
Pros
The online dashboard is easy to use. I can quickly search for eligible expenses, check my balance, see submitted claims and easily submit new ones, it's all right there.
Cons
The only downside is having to wait for the payroll cycle to get reimbursed. I wish there was an option for immediate transfers to my bank account.
Rating Distribution
Ease of use
9
Value for money
9
Customer Support
10
Functionality
8
Mid Market, 51-100 employees
“Helpful catalog with room for improvement”
Pros
I really love the reimbursement feature especially for stuff that's not even in their catalog. It's very easy to get reimbursed and the team handles it fast.
Cons
I really wish there was a way to use our Forma account to pay for things instead of having to pay out of pocket first. Also, it would be awesome if there were more athletic gear options available.
Rating Distribution
Ease of use
9
Value for money
9
Customer Support
10
Functionality
7
Frequently Asked Questions
Does Forma has a mobile app?
Yes, Forma does offer a mobile app.
Does Forma offers an API?
Yes, Forma does offer an API.
What types of pricing plans does Forma offer?
The vendor offers different pricing plans according to various business needs. Get a customized Forma cost breakdown for your business today.
What language does Forma support?
Forma supports English language only.
Who are the typical users of Forma?
The typical users of Forma include sectors like HR.
What other apps does Forma integrates with?
Forma integrates with workday, ADP, UKG, paylocity, Microsoft Entra, Namely, gusto, and more.
What level of support does Forma offer?
Forma offers support through help center, blog, events, webinars, and expert support.