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WEX Benefits

WEX Benefits

4.4 (5)
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What is WEX Benefits?

WEX benefits administration delivers simplified, worry-free administration and optimal ROI from their benefits investment so that employers can focus on their core competencies. WEX benefit administration solutions foster employee attraction and retention, satisfaction, and engagement, and contribute to a happier and more productive work environment. A customizable, responsive, and cloud-based platform serves as the foundation for the optimal benefit administration experience. Built-in features of a mobile app, marketplace, EDI & payroll tools, premium accounting, voluntary benefit management, wellness administration, and advanced analytics ensure benefit program success. Add-on services including ACA compliance, COBRA + direct bill, a customer support team, dependent verification audits, reimbursement administration, and total rewards statements extend and complement the already powerful platform to deliver a fully personalized experience for employers.

Health Savings Goals
Benefits Enrollment and Administration
Benefits Compliance
Benefits Accounts

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How much is WEX Benefits?

Starting From:
$0.01 Per Month
Pricing Model: Usage Based
  • No free trial
  • No free version

WEX Benefits Features

What solutions does WEX Benefits provide?

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WEX Benefits
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WEX Benefits Reviews

Showing all 5 reviews
Overall
4.4
Ease of Use
4.2
Customer Service
3.7

Most Helpful Reviews for WEX Benefits

Ryan M. avatar
Ryan M.
Marketing Analytics Engineer
Marketing and Advertising, 501-1,000 employees
Used the software for: Less than 6 months
Overall Rating
5.0
Ease of Use
5.0
Features
5.0
Likelihood to Recommend
7/10
Reviewer Source
Source: Capterra
March 22, 2023

"Wex is a cool platform that provides a central hub for benefits for those interested"

Overall: Positive in the transition

Pros: I like that it has a lot of different educational and administrative options within the platform to make financial plans and handle my HSA and other related benefits

Cons: There are things I am neutral about right now but nothing stands out as really bad.

Switched From: HealthEquity
Jennifer P.
Sr Manager, HRIS
Health, Wellness and Fitness, 1,001-5,000 employees
Used the software for: 2+ years
Overall Rating
5.0
Ease of Use
4.0
Features
4.0
Likelihood to Recommend
9/10
Reviewer Source
Source: Capterra
October 24, 2024

"Meets Expectations"

Pros: I have not experienced any issues with WEX Benefits. I am able to easily use my commuter funds by linking the credit card to my phone.

Cons: The website/user experience is outdated. Not sure if this is from WEX itself but the limit of when the HSA funds turns into investment is rather high at the $2,000 mark.

Kaity H.
General Manager
Paper & Forest Products, 11-50 employees
Used the software for: 2+ years
Overall Rating
2.0
Ease of Use
2.0
Customer Service
1.0
Features
2.0
Value for Money
1.0
Reviewer Source
Source: Capterra
December 6, 2023

"Disappointed Long Time Customer"

Overall: Our overall experience has been very negative. They switched websites a year or two ago and did not close the old cards after sending new cards, and charged us late payments for accounts that should have been closed out. It was very confusing, and the customer service pretty much did not exist. We should have switched fleet gas services then!

Pros: The WEX cards were easy for our employees to use to get gas for our fleet.

Cons: The customer service is terrible. We used WEX for 30+ years, and there was a storm that took out our internet for a week, so we had to mail a check instead of paying online like we usually do. The check got there late (for the first time in a long time), and instead of being understanding to a loyal customer, they charged us over $1,200! Their website is also an impossible to navigate maze, and just isn't worth it.

Alternatives Considered: Coast
Reasons for Choosing WEX Benefits: We switched from WEX to Coast and are much happier with the service.
Shaq M.
director of ops
Transportation/Trucking/Railroad, 51-200 employees
Used the software for: 2+ years
Overall Rating
5.0
Ease of Use
5.0
Customer Service
5.0
Features
5.0
Value for Money
5.0
Likelihood to Recommend
6/10
Reviewer Source
Source: Capterra
June 12, 2024

"Wex Fuel Card"

Pros: Allows for immediate tracking of expenses, fraud alerts, and has 3rd party API

Cons: if you're 1 day late, they destroy you with finance charge of insane proportions and getting them to reverse them is a nightmare

David R. avatar
David R.
AE
Financial Services, 501-1,000 employees
Used the software for: 2+ years
Overall Rating
5.0
Ease of Use
5.0
Customer Service
5.0
Features
5.0
Value for Money
5.0
Likelihood to Recommend
10/10
Reviewer Source
Source: Capterra
March 25, 2024

"WEX H.I. Review"

Pros: WEX is an easy tool to manager our FSA and benefits accounts. Easy to upload receipts and track expenses.

Cons: no cons at this time, it works great as we need