Contribution Services

Insurers are exploring ways to enhance customer experience and reduce operational costs, while maintaining high service quality and meeting regulatory requirements. Simplified business processes can help insurers achieve these goals and reduce the time spent on administrative tasks.

TCS Contribution Services offer insurers the right domain expertise and simplification tools to optimize costs and achieve sustained growth. With our consumer analytics tool, you can make informed decisions for contribution plan management. Employ automation to enhance the speed and accuracy of your services. Our knowledge of global standards helps you comply with regulatory requirements.

The TCS Advantage

ValueBPS: Our ValueBPS approach helps enterprises achieve significant and sustained business outcomes by leveraging our deep domain expertise and operations redesign methodologies such as FORE™. Our approach also encompasses robotic process automation (RPA), analytics and insights, our unique IT-BPS synergy, Business Process as a Service (BPaaS) models, and business process management (BPM).

Solutions We Offer

We offer the following Contribution Services:

  • Manual and Electronic Payroll Processing
  • Rollovers
  • Asset Transfers
  • Loan Payments and  Closure

Benefits

Key benefits we deliver include:

  • Up to 50% reduction in turnaround time for client reviews
  • Up to 20% improvement in lead time for institution pay in calendar (IPAC)

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