Secova is a Human Resources and Benefit Management services company that enables corporations to reduce HR delivery costs, identify and control employee benefit costs and expand the depth and capacity of their HR resources. Secovas proven solutions provide companies with more efficient HR operations, increased data visibility and auditing capabilities to control, manage and drive down costs. Secovas operating philosophy is based on the concept of “Value-Sourcing”, in which it determine the optimum mix of processes, technologies, and service locations through state-of-the-art facilities in US and India, to help our clients stay competitive in todays marketplace. It has fine-tuned the methodology for addressing HR and benefits outsourcing processes The potential market for Secova are organizations with 5,000 or more employees. Its potential market opportunity for Eligibility Audit is the total dependent population enrolled in employee benefit plans. The market opportunity is around 100 million dependents with a 30 billion UD dollar potential cost savings. Secova presently provides a full range of outsourced HR and benefits administration solutions including: Full Service Benefits Administration for Active and Retiree Populations, Benefits Data Management, Benefits Auditing, Benefit Plan Management, COBRA Administration, HR Answer Center, HR Support Services, and HR Absence Management.
