EBS Benefit Solutions (EBS) has chosen to utilize the Enveritus Financial Access Software (eFAS) by Envisage, increasing its service offering to its plan sponsors and participants.
The new EBS retirement web product will now have several real-time sponsor reporting features including Statement-On-Demand at the plan level. Sponsors will now have the ability to create a plan (or participant) level statement in real-time across a user defined date range.
Other sponsor reporting features will include; Transaction Detail, Pending and Completed Web Transactions, Loan Payment Reports, and Login History. EBS will also offer a Deferred Reports Option that will notify the plan sponsor when a report is finished.