PEC SOLUTIONS ANNOUNCES $1.9 MILLION CONTRACT WITH THE VETERANS BENEFITS ADMINISTRATION TO HELP MODERNIZE COMPENSATION AND PENSION CLAIMS SYSTEM.PEC Solutions, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on NM:PECS), announced recently that the Veterans Benefits Administration (VBA (Visual Basic for Applications) A subset of Visual Basic that provides a common language for customizing Microsoft applications. VBA supports COM, which allows a VBA script to invoke internal functions within Excel, Word and other COM-based programs or to make use of ) of the Department of Veterans Affairs Veterans Affairs is a term of the business that deals with the relation between a government and its veteran communities, usually administered by the designated government agency. has awarded the company a $1.9 million task order to support the agency's Compensation and Pension Redesign (CAPER) project. This contract is the first phase in a new program to improve the timeliness and effectiveness of aspects of the VBA's claims processing system. The VBA processes over two million claims a year with more than one million resulting in a disability evaluation decision. The current disability evaluation results is a series of manual, non-integrated steps that result in a time-consuming process that generates multiple paper requests for various types of information. PEC will help redesign VBA's business processes to create a more efficient and modernized disability claims processing system that lends itself to automation improvements. PEC will first help to define a common business process, define functional requirements See information requirements and functional specification. (specification) functional requirements - What a system should be able to do, the functions it should perform. for automated support, and identify an appropriate technology to meet the newly proposed methodology. The company will also develop prototype automation to determine the effectiveness of the proposed methodologies. When completed, automated solutions will replace time consuming, paper-driven manual processes. Paul G. Rice, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of PEC Solutions, commented, "PEC is pleased to help the VBA provide better service to our nation's disabled veterans. Moving from manual, time-intensive processes to automated processes will help America's veterans obtain their benefits in a more timely, efficient manner." PEC Solutions is a professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firm that helps clients harness the power of the Internet and other advanced technologies to improve organizational performance. The company specializes in Web-enabling Government by planning, designing, building, and managing high-technology solutions that enhance productivity and improve services to the public. PEC Solutions is based in Fairfax County, Virginia Fairfax County is a county in Northern Virginia, in the United States. As of 2005, the estimated population of the county is 1,041,200;[1] making it by far the most populous jurisdiction in the Commonwealth of Virginia, and larger than seven states. , with offices around the nation. |
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