LynchVal Review - why 3.9 stars?
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| ITQlick Score: | 72/100 |
|---|---|
| ITQlick Rating: |
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| Pricing: | 3/10 - low cost |
| Category: | Benefits Administration -> LynchVal review |
| Ranking: | Ranked 32 out of 79 Benefits Administration systems |
| Company: | Lynchval Systems |
| Typical customers: | Small, medium and large size businesses |
| Platforms: | Desktop |
| Links: | LynchVal pricing, LynchVal alternatives |
Shlomi Lavi / updated: Apr 19, 2022We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .
Table of Contents
What is LynchVal?
LynchVal is a web based benefits administration solution designed for businesses of all sizes. It offers such services as employee database, deduction management, provider management, and others. The software was designed and launched by Lynchval Systems Worldwide Inc headquartered in Virginia, United States.Who is it best for?
Customers of the software include small and medium businesses as well as large enterprises. Major industries and domains where it can be used include retail and wholesale, financial services, technology and IT services, media and entertainment, and others.Main features and functionalities
The software offers comprehensive benefits administration capabilities offering various useful utilities such as social security calculator, batch processing for benefit statements, actuarial factor calculator for verification of optional payment forms, automated import routine for ongoing participant and payroll data, and detailed audit trail for selected fields identifying which user is responsible for a modification and when it occurs.LynchVal determines calculations for retirement, death, disability, and other termination benefits. It stores actual service history and salary history in the database. Other important capabilities of the software include automatic adjustment of benefit accruals, participant benefit statements, customized reports designed by the users, benefit certifications with supporting worksheets, employee and participant listings, and others.
What is the actual cost?
ITQlick pricing score is 3 out of 10 (10 is most expensive). Access ITQlick pricing guide for LynchVal. You can also find here pricing information from LynchVal's website.How it stacks up?
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Auditor - Shlomi Lavi
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.