FINEOS Absence is a robust absence management solution with a simple user interface, designed to integrate seamlessly with Claims, HRIS, and other core systems.
Absence from work costs employers around 22% of total payroll, but with over 100 reasons to be absent from work and an ever-changing regulatory landscape, including federal, state, and municipal regulations (FMLA, Paid Family Leave, Disability Benefits Law, etc.), managing absence can quickly become quite complex. Gone are the days of manual analysis, referring to spreadsheets, looking into various legacy systems, or reading through a client profile database. With FINEOS Absence, you can give your customers peace of mind that regulations are being met, help to reduce compliance risk, and make the management of all the regulation associated with absence more simplified.
Recorded FINEOS Webinar
Is Paid Family Leave the Tipping Point for Digital Absence Management?
In this 45-minute webinar, Randi Simmons, AVP of Absence at FINEOS, outlines the challenges presented by new Paid Family Leave laws and introduce software that can solve the challenges of today while being ready to handle the ever evolving changes around Paid Family Leave, and Absence Management in general, in the future. This webinar is intended for insurers and administrators that are or will be processing Paid Family Leave, and Absence (FMLA, ADA, etc.) in general.
Benefits of FINEOS Absence
Foundationally solid Employer Leave Policy and Leave Plan Rules Engine
FINEOS Absence enforces compliance and consistency while being able to easily capture the uniqueness and complexities of various leave plans, including multi-level exception and restriction processing. It provides a single book of record that is easy to access, view and update by multiple users.
Provide Superior Customer Service
One claim event allows for easy access to view, manage and track which includes utilization of rules based workflows and assignment for special handling requirements. Internal and external managed benefits and programs, such as EAP, STD, LTD, WC, Wellness, Return to Work, Stay at Work, Vocational Health, etc. will be easily integrated and allow specific activity handling based on employer processing needs. Carriers can serve each client based on their leave policies and benefit needs.
Leverage New Technology
Utilize existing FINEOS platform and capabilities
Carriers can take advantage of FINEOS configuration, rules, workflows, tasks and document management. The solution is built on the market-leading FINEOS Digital Platform and utilization of absence management plan design from FINEOS Policy. Carriers will have the flexibility to customize leave management processes for their clients utilizing best-in-class modern technologies.
Part of the FINEOS AdminSuite
To learn more about FINEOS Absence, get in touch