Throughout the history, we have uncovered some really valuable elements in our arsenal, but at the same time, we haven’t come across anything more significant than our ability to grow on a consistent basis. We say this because the stated ability has already fetched the world some huge milestones, with technology appearing as a rather unique member of the group. The reason why technology’s credentials are so anomalous is purposed around its skill-set, which was unprecedented enough to realize all the possibilities for us that we couldn’t have imagined otherwise. Nevertheless, a closer look should be able to reveal how the whole runner was also very much inspired by the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence and made it the ultimate centerpiece of every horizon. Now, having such a powerful tool run the show did expand our experience in many different directions, but even after reaching so far ahead, this prodigious concept called technology will somehow keep on delivering the right goods. The same has grown to become a lot more evident in recent times, and assuming one new HRM-themed development pans out just like we envision, it will only propel that trend towards greater heights over the near future and beyond.
Equifax, one of the biggest players in our modern day HRM space, has officially launched a brand-new integration with the State Information Data Exchange System (SIDES) and one of its six exchanges, Determinations & Decisions (DD) exchange; to help employers more effectively manage those unemployment claims. Connecting DD exchange to Equifax’s workforce solutions platform called CaseBuilderTM, the stated integration delivers on its promised value proposition by reducing paper-based unemployment insurance (UI) information requests, expediting the unemployment claim process, while simultaneously maintaining the security and privacy of employees’ information. Talk about Equifax’s CaseBuilder, it is essentially an on-demand claims management platform meant to let employers simplify and streamline the unemployment case management process and manage unemployment taxes, as well as the associated tax rate. Given the integration in question, though, the users of this platform can now receive automated notifications of decisions impacting claimant eligibility and take a quicker action when filing an appeal. Furthermore, the employers from here onwards will be able to eliminate the need for mailed or faxed forms, something which should greatly enhance security and privacy and trigger a reduction in regards to mailing costs and staff time.
“We’re laser-focused on helping employers and their HR teams navigate complex administrative processes with greater confidence, so they can have more time to focus on supporting their employees and growing their businesses,” said Dan Tienes, Offboarding Leader at Equifax Workforce Solutions. “By integrating the CaseBuilder platform with the SIDES Determinations & Decisions exchange, we’re giving employers greater visibility and control over the unemployment claim process, while helping to streamline and speed up the entire experience.”
In case you are wondering what a State Information Data Exchange System (SIDES) actually is and what role does it have in such a development, it is conceived to connect state unemployment agencies to employers for the purpose of transmitting information about unemployment insurance claims. The said information includes claimant information, employer information, and determinations and decisions made by the state agency. As its subsidiary, DD exchange is entrusted with the responsibility to facilitate the UI claim process on a granular level. Once the process is duly completed, the exchange then informs employers on claim decisions, and if they are not satisfied, it also helps them to put-together an appeal against the same.
But what makes Equifax an ideal candidate to take on such an initiative? The answer would crystallize itself as soon as you consider how the company has a team of approximately 500 professionals exclusively focused on unemployment insurance. Equifax’s wider credentials are also worth a mention. You see, boasting more than 65 years worth of experience, the company is currently present in over 24 countries worldwide, and to support that size, it has a 14,000 employees-big workforce at its disposal.
