Secova Powered by Ultralink is the New Name Following Merger of Secova and Ultralink
Company Unveils New Name in Presentation at Benefits Management Forum & Expo Today in Chicago. Secova powered by UltraLink, a leading provider of human resource and benefits management services, today announced it has officially changed its name to reflect the merger of Secova and UltraLink earlier this year.
COSTA MESA, Calif (PRWEB) September 18, 2006 –- Secova powered by UltraLink, a leading provider of human resource and benefits management services, today announced it has officially changed its name to reflect the merger of Secova and UltraLink earlier this year.
In conjunction, J. Stephen Ashley, Secova’s Chief of Client Consulting will be highlighting the company’s expertise today at the 19th Annual Benefits Management Forum & Expo in Chicago where he will be moderating a panel titled, ”Case Study: Building a Self-Service Benefits Portal to Meet Employee Needs” with participants from Freedom Communication and Arby’s Restaurant Group Inc.
Following its customer service philosophy – ‘SErvice is our COre VAlue’ as derived from the Secova name – the company operates on the concept of "Value-Sourcing," in which Secova determines the optimum mix of processes, technologies and service locations to help clients stay competitive in today's marketplace. Over the years, the company has fine-tuned its methodology for addressing HR and benefits outsourcing processes into three essential steps – Audit, Implement and Manage.
Secova now offers global clients a broader range of HR and employee benefits administration services while also providing incomparable flexibility through customized offerings.
Uniquely, Secova’s "Best Shore" strategy allows the company to shape services based on our clients corporate goals and strategies, utilizing each of our locations to deliver the solution that provides the best value, both in quality and cost - a new approach for the mid-to large market companies looking to streamline their HR and Benefits Management operations. As a result, employees are more productive, HR staff is more effective and human resources administrative costs are lowered.
“Industry response to the merger and the extended services and capabilities we now offer has been extremely positive as demonstrated by recent funding, new clients and an abundant amount of interest by potential clients interested not only in our ongoing services but our unique audit capabilities,” said Venkat Tadanki, Co-Founder and Chief Executive Officer of the company. “For example, just since the merger we’ve added multiple clients ranging from a variety of industries including health and retail, delivering Secova over a 25% growth by way of new annual revenues. We’re quite pleased with the progress we’ve made in such a short time period and are looking forward to our continued success in supporting our clients in their HR and benefits activities.”
A Full Suite of HR & Benefits Management Services
Processing more than 80 million eligibility records, almost $1 billion in healthcare premiums, and managing over 450 vendor/carrier relationships annually on behalf of its clients, Secova helps clients reduce costs and streamline their HR processes. The company offers a comprehensive menu of services – from Benefits Enrollment and Administration to Absence Management and beyond – including Benefits Auditing, Benefit Plan Management, COBRA Administration, Employee Communications, HR Support Services and Payroll. All of the administrative functions can be available 24 hours a day, 7 days a week, as individual outsourced services or as total HRO/BPO processes - delivered cost-effectively through multiple service centers located globally.
About Secova powered by UltraLink
Secova delivers HR and benefits management services focused on helping clients control and drive down the costs of their health and welfare benefits offerings. While many outsourcing solutions modify pre-set vendor/service programs, the merged company offers a distinctive, flexible approach, tailoring services to a employer's individual needs. Our “Best Shore” strategy allows us to shape each solution based on our clients corporate goals and strategies, utilizing each of our locations to deliver the solution that provides the best value, both in quality and cost – a new approach for mid-to large market companies looking to streamline their HR and Benefits Management operations. For more information, visit the company’s website at www.UltraLink.com">www.UltraLink.com or www.secova.com">www.secova.com.
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.
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