New unemployment insurance solution from Covansys Corp

Our Convergence Bureau
14 June 2003

Mumbai: Covansys Corporation (www.covansys.com), a global consulting and technology services company, has announced the launch of their new unemployment insurance (UI) framework solution called eTABS (Enterprise Tax and Benefits Solution) at the National Association of State Workforce Agencies (NASWA) Unemployment Insurance Technology Connection Conference in Whitefish, Montana.

Also announced was the appointment of Mark Boyd to lead the company's UI Practice. Boyd is the former commissioner of the New Jersey department of labour, and is a recognised national expert in employment security, workforce development, unemployment insurance, and labour market analysis.

Covansys' new Web-enabled solution is customer-focused, highly scalable and designed for use across multiple programmes. eTABS is designed to improve UI services for citizens and employers by streamlining business processes to improve overall speed and efficiency. Additional benefits of eTABS include enhanced interagency collaboration, reduced fraud and abuse and improved data integrity.

"The combination of rising unemployment, increasing citizen demand for online UI tax and benefits services and the overall need to improve UI service delivery across multiple programmes and agencies has caused a dramatic need for a solution like eTABS," says Arvind Malhotra, senior vice president, Covansys Public Sector. "More importantly, by improving the overall efficiency of their IT systems, eTABS will help make the whole tax and benefits process easier for both out-of-work citizens and employers."

The US department of labour recently allocated a total of $8 billion to the states through a Reed Act distribution. This distribution requires states to improve unemployment insurance service delivery in five areas, including IT improvements/automation, fraud and abuse reduction, unemployment insurance claims filing and payment methods, and one-stop administration.

Covansys has extensive experience implementing unemployment and workforce development IT solutions, including successful implementation of the benefits system for the state of Maryland. The company is also in the final stages of implementing the employer tax system for the state of South Carolina.