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Stock impact report

TriNet Completes Acquisition of Cocoon, Enhancing Leave Management Solutions for SMBs [Yahoo! Finance]

TriNet Group, Inc. (TNET) 
Last trinet group, inc. earnings: 4/28 04:25 pm Check Earnings Report
Company Research Source: Yahoo! Finance
medium-size businesses (SMBs), has completed its previously announced acquisition of Cocoon , a market leader in leave management technology. Cocoon is now a wholly owned subsidiary of TriNet. TriNet | Cocoon With the acquisition of Cocoon, TriNet is expanding its leave management portfolio, delivering a robust suite of compliance-first solutions and AI-enabled workflows to its SMB clients and their employees, including advanced automated processes, real-time leave tracking, integrated claims filing, and streamlined payroll calculations. "I am delighted to officially welcome Cocoon's talented team and valued clients to TriNet," said Mike Simonds, TriNet president and CEO. "Our clients have consistently expressed the need for help managing employee leaves. Cocoon's robust and intuitive compliance-driven product will improve both the employer and employee experience." Simonds added, "Together with Cocoon, we will continue to innovate and find new and better ways to empower small Show less Read more
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