State Workforce Agencies Can Meet the U.S. Department of Labor's (USDOL) Priority of Reducing Improper Payments with Barts On-Demand Crossmatch
OAK BROOK, Ill., Nov. 20, 2012 /PRNewswire/ -- With more than two decades of proven success and 14 state installations, On Point Technology's Barts is the only configurable software product that allows State Workforce Agencies (SWAs) recapture fraudulent and non-fraudulent Unemployment Insurance (UI) overpayments. On Point Technology is pleased to offer an exciting new module to its flagship product - the Barts On-Demand Crossmatch.
The Barts On-Demand Crossmatch helps SWAs meet the USDOL's UIPL19-11 priority of reducing improper payments by allowing SWAs to perform wage crossmatches as wage data is added to their database, thus significantly decreasing the traditional wait time of a once-a-quarter benefit crossmatch.
By detecting overpayments earlier, SWAs can stop active overpaid claims sooner, thereby reducing the total amount and the average size of overpayments and protect the integrity of their UI Trust Funds.
The benefits of the Barts On-Demand Crossmatch are measurable.
- Stops active overpaid claims sooner
- Reduces the total amount and the average size of overpayments
- Protects the integrity of your UI Trust Fund
- Furthers the progress toward meeting USDOL's priority of reducing improper payments
"We're happy to assist our customers towards meeting UIPL19-11 goals," said Mike Lorsbach, president of On Point Technology. "We're also proud to take it a step further. Through the innovation of our design, the number of Fast Path™ cases with totally automated adjudication will bring enormous Trust Fund savings to states."
About On Point Technology
Founded in 1996, On Point Technology is the leading independent solution provider dedicated to State Workforce Agencies. Unemployment Insurance (UI) is not just one on a long list of practice areas for On Point Technology — it is their entire focus. The company was founded by former State Workforce Agency professionals and many of their staff come from State Workforce Agencies and government backgrounds. As the only solution provider managed by former SWA professionals, On Point Technology sets the standard in UI solutions. For more than a decade, they have delivered unmatched technology and expertise in all facets of UI programs including benefits, tax, adjudication, overpayments, and fraud prevention and detection.
SOURCE On Point Technology