Case Study: Fabamaq achieves greater flexibility and tax savings with Coverflex

Coverflex, the solution that Fabamaq found to amplify the company benefits

Fabamaq, a technology company based in Porto, sought a better way to manage and provide employee benefits to help with talent retention and attraction in a competitive market. Their previous system, called "power ups," was administratively burdensome for their Finance and People teams to manage. They turned to the vendor Coverflex to find a more comprehensive and flexible solution.

The solution implemented by Coverflex provided employees with freedom and autonomy over their benefits, allowing them to use funds for expenses like meals, their child's school, and parking. For Fabamaq, Coverflex significantly reduced administrative time for the Finance and HR departments, freeing them to focus on other projects. The company also reported positive feedback from candidates during recruitment and achieved significant tax savings for both the company and its employees.

Fabamaq

José Barbosa

Head of CRM