GEICO Implements Pension Applications from PeopleSoft Using Rapid Implementation Services from Working Concepts
17 October 2000
GEICO Implements Pension Applications from PeopleSoft Using Rapid Implementation Services from Working Concepts
COLUMBIA, Md., Oct. 17 GEICO, the largest direct
marketer of auto insurance in the US, used rapid implementation services
from Working Concepts to deploy PeopleSoft's Pension Administration for
their 19,000+ active associates and 3,000+ retired & term vested
participants. Using the Working Concepts Fit & Implementation Service
designed for PeopleSoft Pension Administration, the consultants were
able to quickly identify unique customization and historical data
conversion requirements. Design, implementation, and testing took
approximately 6 months.
As a PeopleSoft Consulting Alliance Partner, Working Concepts
provided strategic PeopleSoft application expertise during the GEICO
pension engagement. The addition of the PeopleSoft Pension
Administration software strengthens and enhances GEICO's ability to
deliver high quality pension administration services to active
associates and plan participants. By implementing a pension
administration solution that integrates well with GEICO's existing HR
business processes and technical infrastructure, GEICO is able to reduce
unnecessary data entry, prepare faster pension calculations, and produce
more meaningful management reports.
"We appreciate the long term relationship shared with Working
Concepts. Their detailed understanding of functional pension plan
design and PeopleSoft's Pension Administration software, was invaluable
and beneficial to the entire implementation experience", states Judy
Andrews, Director of Benefits at GEICO. "Their accelerated
implementation approach and project management philosophy was
instrumental in keeping us on track and aware of potential project
pitfalls. Our joint project team worked closely to meet critical
deadlines and ensure the accuracy of our pension plan calculations."
Brian McIntyre, President and CEO of Working Concepts comments, "We
have worked with GEICO on a number of key HR technology initiatives.
The integration of PeopleSoft's Pension Administration and HRMS
applications delivers significantly better data management, pension plan
analysis, and communication capabilities. He adds, "Our rapid
implementation services allow our customers to experience the benefits
of PeopleSoft technology faster. Because we staff each engagement with
both functional pension experts and PeopleTools specialists, we are able
to assist our customers with their strategic pension management planning
and impact on application functionality."
About PeopleSoft
PeopleSoft is a leading provider of e-Business
applications that enable people -- customers, employees, and suppliers
-- to power the Internet. PeopleSoft's pure Internet Customer
Relationship Management, Supply Chain Management, and Enterprise
Management solutions provide the industry's most open and flexible
e-commerce platform. PeopleSoft employs more than 7,000 people
worldwide, including 2,400 e-Business consultants. More than 4,500
organizations in 107 countries run on PeopleSoft e-Business
applications.
About Working Concepts
Working Concepts, Inc. (http://www.workingconcepts.com), headquartered in
Columbia, Maryland, is a leading provider of strategic human resources
consulting and e-Business services. Working Concepts combines both art
& science creating a unique multidisciplinary approach to HR technology
solutions. Working Concepts offers a variety of HR technology planning
and implementation services including ASP/outsourcing feasibility,
change strategy, best practice modeling, web design & self-service, call
center, and e-Business solutions from PeopleSoft, and Authoria.
Recent Working Concepts customers include Staples, BMG
Entertainment, GEICO, New York Presbyterian Hospital, Carolina Power &
Light, and Conde Nast. For more information about Working Concepts,
contact Christina Issar, Marketing Communications Manager at
410-715-9100 or email cissar@wconcepts.com.