Saskatchewan Workers' Compensation Board Selects Sapiens To Transform Its Core Workers' Compensation System
Portfolio Pulse from Benzinga Newsdesk
Sapiens International Corporation (NASDAQ:SPNS) has been selected by the Saskatchewan Workers' Compensation Board (WCB) to transform its core workers' compensation system. The WCB will use Sapiens' CoreSuite for Workers Compensation, DigitalSuite, and Intelligence to modernize its legacy systems and improve operational efficiency. The implementation will occur over three years, starting with the employer accounts system, followed by the claims and case management system.
November 09, 2023 | 2:20 pm
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POSITIVE IMPACT
Sapiens International Corporation's selection by the Saskatchewan Workers' Compensation Board to modernize its core systems could boost the company's reputation and potentially increase its revenues.
The news of Sapiens being selected by the Saskatchewan Workers' Compensation Board to modernize its core systems is directly relevant to the company and could have a positive impact on its stock. This partnership could enhance Sapiens' reputation as a reliable provider of software solutions for the insurance industry, potentially attracting more clients and increasing its revenues. However, the full impact will depend on the successful implementation of the project.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100