Forma

What Forma is

Forma is a platform employers use to design and administer customizable employee benefits, including pre-tax and post-tax spending accounts. Employers can configure account types and eligibility, and choose whether funds recur, are single-use, or depend on milestones. Listed plan types include HRA, HSA, FSA, Commuter, Employer-Subsidized Account, and Lifestyle Spending Account. Employees can access benefits through the Forma Store, Forma Card, or claims reimbursement. The Store is a curated marketplace for lifestyle and wellness products and services; the page says it does not require out-of-pocket spending or receipts. The Forma Visa Debit Card works wherever Visa is accepted, and many eligible payments are automatically adjudicated without receipts. A dashboard reports budgets, usage, and claim approvals. Forma offers 40+ HRIS integrations, including Workday, ADP, UKG, and Paylocity, plus SCIM and file feeds. It supports SAML2 authentication and preconfigured apps for major SSO providers. The platform is available on web, iOS, Android, and API. Pricing is on request and depends on the contracted Order Form. Forma says it is a financial technology company, not a bank; banking services are provided by Thread Bank, Member FDIC.