Gaithersburg, MD and New Orleans, LA (PRWEB) October 24, 2011
Talbot Business Solutions, LLC, a premier software solutions provider, announced their participation in the International Foundation of Employee Benefit Plans 57th Annual Conference in New Orleans, LA being held October 30th through November 2nd. At booth #1718 live demonstrations of MTSS-mba’s capabilities will be presented with ample time for Q&A. Fund managers, administrators, planners and anyone with responsibilities relating to benefit fund management, will be able to see just how easy it can be to manage mountains of data.
In today’s challenging economy, many organizations are carefully evaluating their benefits administration solutions, trying to minimize expenditures and conserve scant resources. Benefitting from over 20 years of feedback from industry users, MTSS-mba is a mature, feature-rich and powerful solution that more efficiently manages employee benefits. MTSS-mba streamlines the management and tracking of the large quantities of member data required to administer benefits programs -- and makes it quickly and easily retrievable right from the desktop. It enables benefit administrators to conserve resources, reduce expenses and increase revenues, turning Membership & Benefits Administration into a profit center.
MTSS-mba tracks, reports and calculates dues, benefits eligibility, payments and payment shortages. It also provides document imaging, member and benefit statistics, automated downloading and posting of employer and membership data, benefit provider invoice reconciliation, eligibility and benefit experience costing, pension remittance, vesting processing and so much more.
Taking place at the New Orleans Morial Convention Center, the annual IFEBP conference will host an expected 5,500 attendees seeking education and other support services for benefit fund professionals, including how to select solutions that reduce costs and increase efficiency, such as MTSS-mba.
MTSS-mba offers the broadest capabilities and features available, the best performance in the industry, and the most intuitive and user-friendly interface. Moreover, its customizable, modular design affords seamless integration to accommodate any work-flow environment -- from the simplest single fund entity to the most complicated multi-entity, multi-fund organization.
At the IEFBP Conference, attendees will see firsthand how MTSS-mba’s features streamline and help with:
- Collecting and Tracking Membership Demographic Data
- Administration of Benefit Program Data Including:
o Eligibility Calculations
o H&W Benefit Programs
o Legal Services Benefit Programs
o Pension Benefit Programs
o Maintaining HIPAA compliance
o Managing Multiple Employer Benefit Participation
- Processing and Tracking Dues – Fixed or Percentage
- Source Document Control Using Integrated Document Imaging
- Automated Data Intake
o Benefit Providers
- Over-The-Counter operations
- Customizing Reports
- Member/Dependent Mailing Notices
Great ROI – Great Results
MTSS-mba has delivered impressive results to end-users. For one client collecting roughly $160 million in benefits premiums annually, MTSS immediately identified missing employer contributions and provider over-billings totaling over $3 million. Over $6 million more was added to that figure during the first six months of operations. This represented an error rate of nearly 6%, all of which was recoverable. Month after month the system continued to identify recoverable amounts totaling between $5 million and $8 million per year for this company.
For another company, collecting roughly $50 million in benefits premiums annually, MTSS instantly identified an error rate in excess of 3% in unpaid employer contributions and provider over-billings. Over $1.5 million of this was immediately collectable. MTSS continued to identify recoverable amounts of between $30,000 and $70,000 monthly.
To learn more about MTSS-mba go to http://www.MTSS-mba.com, or visit us at booth # 1718 at the IFEBP 57th Conference at the New Orleans Morial Convention Center from October 30 through November 2.
About Talbot Business Solutions, LLC
Talbot Business Solutions was founded in Gaithersburg, Maryland in 2009 with the goal of bringing the absolute best management software solutions, and the highest customer service, to the Employee Benefits industry. MTSS-mba is the flagship solution in reaching that objective. Talbot Business Solutions, LLC is led by experienced Membership and Employee Benefits Administration veterans who have a history of providing excellent service to the private as well as Taft-Hartley Employee Benefits community. To learn more about our solutions, please call (301) 825-9750, send email to info(at)MTSS-mba(dot)com or visit online at http://www.MTSS-mba.com.