Fineos (ASX:FCL) said Tuesday it entered a strategic partnership with Sutherland for absence and leave management for US employee benefit carriers.
The firm said in a statement that it will integrate its Absence platform, which is built for employee benefits, with Sutherland's expertise in artificial intelligence and automation-driven business-process-as-a-service.
This will help group insurers and administrators efficiently manage employee leaves for their clients, per the company.
Fineos' shares fell nearly 3% in recent trading on Wednesday.