The solution enables text-to-actions with zero code. It removes the traditional drag & drop flow based automations. The solution also supports Conversational Doc AI, a non-OCR solution to parse data from unstructured documents like invoices, identity documents, bank mandates, insurance forms and many other documents using plain English!

The solution is easier to build and maintain than the traditional Robotic Process Automation (RPA) solutions which are widely adopted in enterprises across the globe. The valuation of top RPA companies have grown multi-fold and reached billions in recent times. With the introduction of Large Language Models (LLMs), agents are able to automate the repetitive tasks which were the forte of RPA. Hence it was widely predicted that RPA would eventually become obsolete and be replaced by more comprehensive automation solutions like LokiBots which are built on AI native platforms and powered by LLMs. LokiBots is one single solution to replace RPA, Chatbot, Doc AI & Gen AI apps in your IT Landscape.

LokiBots helps to create software bots to automate repetitive computer tasks, conversations & related actions. LokiBots enable customer and employee self-service & support, automate back-office & front-office functions and simplifies workplace automation. LokiBots solution is deployed to 65+ B2B customers which include enterprise customers.

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The OECD study “Artificial Intelligence Review of Germany” praised Europe’s largest economy for showing “vision” and “leadership” in becoming one of the first countries to adopt a national AI strategy back in 2018.

“Initiatives implemented as part of the national AI strategy laid the foundation for Germany to emerge as a global leader in AI research,” the report stated.

The study lauded Germany’s success in attracting skilled AI professionals to the country and in linking AI with climate protection. It highlighted Germany’s unique research landscape.

“Germany is poised to be a global leader in AI and environmental sustainability, given its well-funded initiatives, world-leading researchers and innovative companies,” the report found. “AI can help accelerate decarbonization in energy, transport, industry and agriculture.”

The study also pointed out that German companies’ interest in and usage of AI was on the rise. It also underscored areas where AI could be increasingly deployed, including the public sector and healthcare.

There are more than 40 national and regional state programs to assist AI firms, particularly SMEs, according to the German Foreign Office. The German national government will invest at least €1.6 billion in AI by 2025. The data platform Statista projects annual growth in the sector to average 28,64 percent in the years to come.

“The OECD report confirms that Germany is going to be at the heart of the further global AI development, making the country an attractive business location for companies working in the field,” says Germany Trade & Invest CEO Robert Hermann. “It’s no accident that the AI companies Aleph Alpha, DeepL and Helsing were among the German-based unicorns minted in 2023.”

Hermann adds: “At the same time, the study also makes it clear that there is plenty of room in the sector for international companies to come to Germany and achieve success. And because of Germany’s strict data privacy standards, firms can be confident that solutions developed here will be compatible with standards around the world.”

Germany Trade & Invest is the German government agency for international business promotion and is owned by the Ministry for Economic Affairs and Climate Action. It helps international companies do business in Germany and German companies do business abroad.

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Automation Anywhere, a leader in AI-powered automation, announced its new AI + Automation Enterprise System that puts AI to work with automation to drive exponential outcomes. Unveiled during Imagine 2024, the company’s new offering is infused with its second-generation GenAI Process Models to speed up discovery, development and deployment of AI process automations. The company also launched new AI Agents to manage complex cognitive tasks and automate more than ever before possible across every system in an enterprise. These solutions will help organizations achieve dramatic efficiency improvements, driving process tasks that formerly took hours down to minutes, and delivering 3x time to value and up to 10x business impact across business workflows that include customer service operations, finance, IT and HR.

“Every enterprise today is facing the same inescapable growth and productivity mandate to work smarter, not harder — to be more productive, more efficient, and more innovative,” said Mihir Shukla, CEO and Co-Founder, Automation Anywhere. “Automation is the foundation that’s gotten us partway there. But AI Agent-powered automation is the breakthrough that will take us beyond — to automate the seemingly impossible, create a new operating model for business, and drive enterprise transformation with stunning results.”

From Basic Tasks to Rapid Cognitive Workflows with Enterprise AI Agents

A breakthrough new feature is the ability to build custom AI Agents with the new AI Agent Studio. AI Agents take automation to the next level with the ability to learn from enterprise data, make informed decisions, and take action responsibly across any enterprise system, speeding processes by up to 90 percent. AI Agent Studio features low-code tools, making it easy for developers of all skill levels to quickly create specialized AI Agents to help with their specific use cases – no data scientist required. These AI Agents combine AI and action to tackle more complex cognitive work, like identifying and automatically replacing a product in the case of a stock shortage. They are adaptive, capable of learning from complex enterprise data, and able to take swift action for quick resolution and higher ROI.

Enterprise AI Agent Highlights:

• New AI Agent Studio, generally available, provides developers of all levels with low-code tools to easily build, manage, and govern custom AI Agents. Developers can start with the foundational model of choice, including models from AWS, Google Cloud, and Microsoft Azure OpenAI Service and more.
• Developers also will be able to augment AI Agents with enterprise knowledge through a native Retrieval-Augmented Generation (RAG) service, and Amazon Bedrock in October. Finally, developers will have built-in prompt testing to ensure outputs are relevant for any use case before putting AI Agents into action.
• Enhanced Security & Governance equips AI Agents with built-in controls for the protection and monitoring of how AI and company data is being used to ensure security and compliance. New functionality includes monitoring and audit of agent and model performance, guardrails for consistent use, and human-validation and prompt testing to limit hallucinations and maximize quality of outputs. Future Data Masking will automatically redact sensitive data from any input getting processed by a model.

“AI Agent Studio has truly streamlined my workflow, boosted my productivity, and has been a game-changer,” said Khaled Mostafa, Intelligent Automation Services Delivery Manager, Magnoos Information Systems. “The ability to seamlessly switch between foundational models from leading vendors within a single platform has significantly enhanced my prompt engineering process. Governance is critical and the features are incredibly robust, offering detailed insights into all our interactions with these models which makes me much more comfortable including GenAI capabilities in my automations.”

GenAI Process Models 2.0 – Speed the Development Lifecycle with an AI-Powered Flywheel

The underlying engines that power the AI + Automation Enterprise System are Automation Anywhere’s unique GenAI Process Models. The GenAI Process Models 2.0 are exclusively designed to drive faster process discovery, 30 percent faster automation creation, 90 percent accuracy with document processing, and 50 percent more automation resiliency – above and beyond what LLMs alone can deliver. The models are tuned with rich metadata from more than 300 million process automations running on Automation Anywhere’s cloud-native platform.

A new set of developer automation solutions built on the new GenAI Process Models 2.0 include:

• New Automator AI, generally available, a comprehensive set of generative AI products and capabilities to accelerate the automation lifecycle, making it faster and easier to build, deploy and manage automations. Features include:
  – Generative Recorder, enabling teams to build more resilient UI automations with a generative AI fallback that automatically detects changes in a source application interface and self-heals in real-time to keep work moving, reducing automation downtime by up to 50 percent.
  – Enhanced Autopilot, generally available, enables cross-functional teams to go from discovery to automation in record time by quickly converting process documentation into draft process automation using generative AI. Autopilot now allows for inputs from any mining tool in BPMN format to build automations.

Document Automation, which has seen tremendous customer response and 9x customer growth year on year, leverages generative AI enhancements for real-time processing of any document type, including unstructured documents and achieves more than 90 percent accuracy. Companies now can rapidly capture data in the flow of work from any document type with the new ability to extract data from complex tables, more than 30 supported languages, and expanded model options. Model setup and deployment is faster and easier than ever with a new testing and setup experience and new support for on-prem deployment.

“Automation Anywhere continues to seamlessly integrate AI and automation to help customers get more out of their AI investments. These latest enhancements and platform capabilities, including AI Agents, make AI-powered automation even more accessible, empowering organizations and employees to leverage AI in new ways, helping them work smarter than ever before,” said Maureen Fleming, Program Vice President of Intelligent Process Automation Research, IDC.

Accelerate Business Productivity with AI Solutions for Business

To help customers to achieve value quickly, Automation Anywhere is also delivering a suite of AI-powered solutions to help accelerate business outcomes across all key business functions.

• Automation Co-Pilot, the embed-anywhere enterprise assistant for organizations is now conversational (in preview status) thanks to a new integration with Amazon Q Service. It’s now faster for business users to get work done across any application with chat capabilities for on-demand assistance to ask questions of knowledgebases, call on AI Agents, or initiate automations. The enterprise-ready Automation Co-Pilot can be embedded in any application a user works in and action across any system in an organization.
• Service Operations Solution Accelerator, generally available, helps teams get to business impact faster with pre-packaged AI Agents and pre-defined workflows for a variety of service operations use cases. Employees can improve every customer interaction with the ability to not only quickly execute process automations, but now can call on AI Agents to complete cognitive tasks like order management, returns processing, and service Q&A. Over the next few quarters, new Solution Accelerators will be rolled out for finance, IT, HR, and industries including Healthcare, Banking, and Manufacturing.

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Automation Anywhere, a leader in AI-powered automation solutions, announced strong first quarter performance. Generative AI-powered automation deals along with hyperscaler partnerships continue to fuel the company’s momentum. For the third quarter in a row, the company continues to demonstrate profitability through double-digit growth and improved margins. Automation Anywhere’s GenAI solution offers a unified platform with unmatched scalability and flexibility, which was validated through multiple competitive displacements in the first quarter of the fiscal year.

“Our strategy to focus on AI and attract large enterprise customers continues to deliver growth and momentum for us,” said Mihir Shukla, founder and CEO, Automation Anywhere. “We continue to expand on large multi-year deals over a million dollars, demonstrating that our AI-powered automation platform is motivating customers to adopt our solution at scale to help transform their business. Our focus remains to continue to accelerate adoption of our AI-powered automation platform, support customers and partners exceptionally well, and accelerate growth through meticulous execution of our strategy.”

Automation Anywhere’s unique GenAI process automation model and AI solutions introduced over the past year are enabling customers to advance workflow transformations and provide quicker tangible results. Previously, an organization would spend months understanding processes to automate, but today it is able to feed significant amounts of unstructured data into Automation Anywhere’s GenAI process automation model, allowing it to learn where to optimize workflows quickly, often within weeks. Automation Anywhere also now provides the ability for companies to develop and deploy their own process AI solutions built from their own data. This not only shrinks the time it takes for customers to see results, but also exponentially increases customer outcomes.

Key Business Highlights

• Large deals exceeding $200,000 represented growth of more than 100 percent on a year-on-year basis.
• More than 65 percent of the new and upsell bookings were driven by AI-powered automation customers.
• Hyperscaler channel partnerships outperformed first quarter booking targets, highlighted by Amazon Web Services, Google Cloud, and Microsoft Azure.
• The company saw growth across all key regions and nearly all customers are now fully migrated onto its latest AI-powered automation platform, making it possible for them to realize the benefits from GenAI-powered automation offerings.

“Embedding GenAI into automation platforms simplifies development skills needed to take advantage of GenAI, optimizes complex workflows, and significantly enhances productivity by disrupting the flow of work and how it is completed,” commented Maureen Fleming, AI and Automation Program Vice President at IDC. “With a new highly contextual interface to perform work, GenAI coupled with automated actions simplifies task completion – and work will increasingly flow to us instead of us hopping from application to application to do our jobs.”

First Quarter Announcement Highlights

• Automation Anywhere expanded its partnership with Google Cloud to enable new customizable GenAI-powered solutions that unlock value for enterprises across industries. Leveraging Google Cloud’s Gemini models and Vertex AI platform, Automation Anywhere drives automation at scale, accelerating business transformation, boosting productivity, and freeing up employee time for strategic work. These GenAI solutions are improving operations for over 300 enterprise customers running advanced process automations natively on Google Cloud.
• Petrobras saved $120 million in just three weeks. With the ability to work with unstructured document data and create automations using natural language, Petrobras leveraged Automation Co-Pilot for Business Users within its tax department to solve for potential inaccuracies in tax filings while adhering to the extensive and complex rules and regulations. By automating its tax filing system and process, this resulted in the ability to file taxes within three days without requiring employees to work weekends during tax season for the first time in 15 years.
• The company joined forces with Alorica, a global leader of next-generation customer experience solutions, to elevate customer experiences and provide tailored automation solutions.
• Automation Anywhere recently received several awards recognizing the company’s leadership and excellence. These included a 2024 Great Places to Work Award, Gold Stevie® Awards for Achievement in Customer Service Automation, Customer Service Training Team of the Year, a Silver Stevie® Award in the Customer Service Department of the Year category, a 2024 Excellence in Customer Service award by the Business Intelligence Group, and the 2024 CIO 100 award.

Automation Anywhere’s first quarter ended April 30, 2024. As a private company, Automation Anywhere does not disclose detailed financial information.

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In today’s interconnected digital landscape, organizations rely on multiple applications to streamline operations, ensuring the seamless functioning of critical business processes is paramount. However, testing each application in isolation falls short, as changes in one application can have ripple effects across the entire ecosystem. Panaya’s test automation allows organizations to comprehensively validate end-to-end processes, identifying potential points of failure and inconsistencies. This solution provides a holistic view of the business landscape, enabling proactive risk mitigation, enhancing operational efficiency and reducing downtime and errors.

Panaya’s testing solution is the only fully SaaS solution, covering all aspects of the testing process including codeless test automation, comprehensive test management and change impact analysis. With its intuitive interface and streamlined onboarding process, users can be up and running in less than 60 minutes. The codeless nature of the solution eliminates the need for technical expertise and makes testing accessible to users of all skill levels. Moreover, Panaya enables collaboration between business and technical users, facilitating seamless communication and alignment throughout the testing process.

Panaya leverages Generative AI to enhance its Codeless Test Automation solution by generating random data, validating complex expressions, and offering an AI co-pilot for product queries. Additionally, GenAI automatically creates test scripts, utilizing a comprehensive understanding of the test repository and thorough data analysis. This approach streamlines automation processes, providing smart automation for SAP and Salesforce environments. Panaya’s GenAI ensures increased productivity for testers and ease of use, setting a new standard in efficiency and effectiveness compared to legacy automation tools.

“Our vision is to make it as easy as possible for our clients to grow as fast and as safely as possible,” says David Binny, CEO of Panaya. “With our No-Code & Low-Code Test Automation, testing becomes infinitely more accessible for all team members, reducing bottlenecks and reliance on technical experts.”

Panaya’s Smart Testing Platform is a comprehensive SaaS-native solution that integrates Requirements Management, Test Management, Low-Code & No-Code Test Automation, as well as Change Intelligence. This platform streamlines end-to-end, cross-application testing processes, providing organizations with the necessary tools to ensure seamless transitions during upgrades, updates, or process alterations.

As a recognized leader on G2 with hundreds of positive reviews and a leading 5-star solution in the Salesforce AppExchange, Panaya is celebrated for its excellence, reliability, robust features, and exceptional support. By winning key partnerships and key accounts, Panaya continues to solidify its position as a trusted partner in driving digital transformation and operational excellence.

“Our 15+ years of domain expertise in SAP, Oracle, and Salesforce are amplified by Generative AI and Machine Learning,” adds Binny. “This enables our smart engines to understand the interdependencies between critical business processes across different applications, taking automated testing of business applications to the next level.” We aim to continue driving growth, profitability, and value for our customers through continuous innovation and leadership in test automation and Change Intelligence technology.

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Nintex has pioneered the use of AI within its automation platform for years, embedding advanced technologies such as computer vision, RPA, natural language processing, and more to speed up core business process automation. Popular Nintex features like the Intelligent PDF Converter in Nintex Automation Cloud and the automated Workflow Generator which automatically creates a Nintex Workflow from a process map, demonstrate the long-standing commitment to using AI to make it easier for non-technical teams to deploy high-powered automation that unites data, systems, and teams.

The latest features showcase the role of generative AI in powering process automation and making it much easier for customers to design on Nintex Process Platform. It also forms the first release in a series of AI-powered capabilities being added throughout the platform.

Every business is on a mission to eliminate manual, repetitive tasks and streamline organizational processes. Now, our customers can strategically integrate advanced AI technologies into their daily operations through straightforward, practical solutions within the Nintex Process Platform,” said Niranjan Vijayaragavan, chief product officer at Nintex. “For every business, adopting generative AI into its workflow will be an ongoing, staged effort. Automation, fundamentally an AI-driven effort, is essential to deriving value from these generative AI initiatives. It creates the foundation for our customers to leverage generative AI for increased organizational efficiency.”

The new features of the Nintex Process Platform use generative AI to simplify building and managing workflows across a business and include:

• Form Generator: Expedites the creation of unique, customizable forms from a natural language text box. Applicable in wide variety of use cases including customer support, revenue operations, employee onboarding, and even generic use cases like incident reports, expenses, and time tracking. Available within Nintex Automation Cloud (NAC), the AI-powered form generator exists as an extension of and contributor to automated workflows that connect processes across teams and departments.
  
• Form Translator: Alongside Form Generator, Nintex now allows translation into the user’s language of choice to serve global teams and audiences, extending the accessibility and reach of the workflow. With more than 130 available languages, this makes serving a global audience much more efficient by reducing any translation process overhead.
  
• Nintex Assistant: Designed to exist within the product and operate as a partner to the Nintex user, the Assistant can respond to natural language questions within the product to provide just-in-time contextual help. Available today within DocGen® for Salesforce, Nintex Assistant will soon be available across the Nintex Process Platform.

To learn more about the new AI capabilities of the Nintex Process Platform, visit: https://www.nintex.com/process-intelligence/artificial-intelligence/.

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CentralReach, the leading provider of Autism and IDD Care Software for ABA and multi-disciplinary practices, announced the creation of the CR Preferred Partner Network today with Simple Fractal, a leading service provider in Robotic Process Automation (RPA) for the healthcare industry, becoming the first preferred partner in the network. This collaboration aims to reshape the landscape of therapy operations, particularly in Applied Behavior Analysis (ABA), by combining the power of CentralReach’s leading Electronic Medical Record (EMR) and practice management solution for Applied Behavior Analysis (ABA), Speech Therapy, Occupational Therapy, and related services with the pioneers in RPA. The partnership will provide CentralReach customers with scalable, secure, and innovative RPA services from the only approved vendor to date to expand capacity for providers operating in the space. 

The news comes one month after the launch of the company’s next-generation APIs which enable customers to connect CentralReach with a variety of key third-party systems in a secure and approved way. The new APIs were designed with enhanced security protocols to safeguard customer information from emerging threats and vulnerabilities, improved speed and efficiency, full transparency with built-in error checking and queuing, and comprehensive developer documentation support to make workflow innovation between systems simpler than ever before. 

Using CentralReach’s next-generation APIs, Simple Fractal’s RPA technology automates and enhances workflows within EMRs, eliminating human error and enabling therapy providers to achieve unparalleled levels of efficiency, accuracy, and scalability. By harnessing the power of bots, ABA therapy providers can optimize their operations, allowing them to focus more on delivering high-quality care to their clients. 

“ABA providers face dual challenges of rapidly expanding to meet the growing need for ABA and multi-disciplinary services while also increasing margins as they scale, which is no easy feat.  While the CentralReach platform enables them to successfully navigate this complexity in a way that’s unparalleled in the market, we recognize that our largest clients need enhanced interoperability and automated workflow tools, like RPA, to bolster the embedded functionality and workflows, and while there are a number of vendors providing unsupported, makeshift solutions for clients, we felt like we needed to launch a preferred partner network to help clients find vendors approved by CentralReach to provide solutions that they can trust,”  said CentralReach CEO, Chris Sullens. “This is why we are so excited to join forces with Simple Fractal to bring the benefits of robotic process automation to our customer base in a vetted and secure way.  By integrating Simple Fractal’s smart bot solutions with our EMR software, we can empower ABA therapy providers to streamline their non-clinical tasks, such as billing, compliance, and scheduling, allowing them to serve more clients effectively. By using our next-generation, fully-supported APIs, they can futureproof these critical workflow automations, securely connect with the CentralReach platform and scale their services for customers.” 

Simple Fractal offers both turnkey and custom digital labor solutions tailored to the unique needs of ABA providers of all sizes. Their turnkey solutions provide immediate efficiency gains with minimal investment, enabling therapy practices to enhance their operations quickly. For those seeking strategic advancement, Simple Fractal also offers custom bot solutions designed to scale alongside the growth of the ABA provider. 

“CentralReach is the leading software in the autism and IDD care space and the only solution offering secure and scalable access through its APIs, which is why we are so excited to be the first partner in their Preferred Partner Network,” said Henry Xie, Founder & CEO of Simple Fractal. “We worked closely with CentralReach to provide input as they developed their recently launched next-generation APIs and believe they provide a level of interoperability, security, transparency and control that is unparalleled in the market. By integrating our advanced technology and domain expertise with their market leading system, clients using our combined technology can unlock the full potential of their business, driving up margins while expanding care in a quality way. Our partnership with CentralReach will enable therapy practices to seamlessly integrate customizable automation for billing, scheduling, compliance, and other essential support functions, allowing them to focus on delivering exceptional care to more families in need.” 

While Simple Fractal is the first preferred partner, the company also works with a number of other vendors to offer CentralReach customers other resources to power their practices and schools. Learn more about partnerships at CentralReach at https://centralreach.com/about/partners/.  

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Experience the latest advancements in health technology and connect with over 40,000 global healthcare professionals attending HIMSS 2024. As a premier event, HIMSS brings together visionary CIOs, executives, health IT experts, innovators, consultants, and industry leaders. It’s an unparalleled opportunity to explore innovative healthcare solutions and network with the best in the field.

The Nividous team is eager to meet healthcare professionals like you and discuss how we can solve your unique and complex business challenges with Artificial Intelligence, Robotic Process Automation, and advanced intelligent automation technologies.

Here are your top reasons to meet the Nividous team at HIMSS 2024, Exhibit Hall #5845.

1. Interact one-on-one with our experts during 15 to 30-minute scheduled information sessions at the booth. Topics will include using automation and intelligent document processing for medical coding, and patient records management, claims processing, appointment scheduling, and streamlining patient journeys from start to finish for enhanced operational efficiency and improved patient care.

2. Attend our 20-minute session titled “Intelligent Automation: Transforming Healthcare Operations for Efficiency and Resilience” on Tuesday, March 12, 2024, from 11:15 am to 11:35 am at the exhibit floor in digital health technology park (Booth #6661). Alan Hester, President at Nividous, and Rob Nelson, Head/GM of Health Sciences at RCG Global Services, will discuss how the integration of Robotic Process Automation (RPA), Low-Code Process Automation, and Artificial Intelligence (AI) can revolutionize non-clinical operations in hospitals and healthcare providers. Gain insights into:

• Increasing business process speed, scalability, accuracy, and compliance.
• Reducing costs and improving labor productivity.
• Improving patient experience and satisfaction.
• Fostering innovation and driving workforce engagement.

3. Dive into real-world success stories demonstrating the Nividous platform’s capabilities and business impact, such as:

• For AEG Vision, a leading eyecare provider in the US, an annual savings of $75M in claims payments and over 250k staff hours.
• For a leading medical billing company, an 85% improvement in process TAT by eliminating inefficiencies in the claim submission process.
• For a leading healthcare specialty infusion provider, a 75% increase in productivity with an automated insurance benefits verification process.

“HIMSS 2024 marks a pivotal moment for healthcare, where AI automation takes center stage for efficiency, resilience, and improved patient care. We’re excited to showcase alongside RCG Global, demonstrating how our combined expertise empowers healthcare organizations to unlock operational excellence and thrive in this evolving landscape,” says Alan Hester, President of Nividous.

“RCG Global Services, as a Platinum Services Partner, is excited to join Nividous at HIMSS 2024 to drive digital transformation. Our partnership focuses on operational excellence and efficiency, combining RCG’s expertise in data engineering and digital strategy with Nividous’ innovative platform. Together, we aim to revolutionize healthcare through RPA, AI, and low-code automation in this era of ‘Healthcare Unchained’,” says Dr. Rob Nelson, Head/GM of Health Sciences at RCG Global Services.

Step forward to embrace technology-enabled business success. Please drop by booth #5845 for inspiring conversations. If you wish to connect with us directly, reach out at contactus@nividous.com or call +1 (442) 444 2767. We would be more than happy to answer any questions you may have.

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HuLoop Automation, a leader in AI-powered intelligent automation, today announced the successful closing of its $5M seed round. The round was led by Moneta Ventures, with participation from Rebellion Ventures, Growth Factory, Vibranium VC, Nurture Ventures, Insta VC and others. This funding will fuel HuLoop’s mission to revolutionize automation, making it simpler, faster, and more affordable for its growing roster of clients in financial services and retail/CPG.

HuLoop’s approach to automation offers a radical departure from first-generation solution providers. Traditional automation solutions provide point solutions like Robotic Process Automation (RPA), Business Process Management (BPM), or Software Test Automation, which are too complex, involve time-consuming implementations, and are prohibitively expensive. In contrast, HuLoop combines cutting-edge technologies and human-in-the-loop processes to augment RPA, BPM and Test Automation to deliver faster results with unprecedented ease of use.

“Our goal at HuLoop is to democratize automation, making it accessible to non-technical professionals and to companies of all sizes,” said Todd P. Michaud, CEO of HuLoop Automation. “With this funding, we are excited to further enhance our platform and bring the benefits of AI-driven automation to more businesses, enabling them to achieve new levels of productivity and efficiency.”

“We have been active in the enterprise AI space for many years and believe HuLoop is poised to lead the next round of innovation in the automation industry,” said Lokesh Sikaria, Managing Partner at Moneta Ventures. “Their innovative approach and commitment to customer success sets them apart, and we are excited to be part of their journey.”

The additional capital will enable HuLoop Automation to expand its team, accelerate product development, and scale its operations to meet growing demand. For more information about HuLoop Automation and its platform, visit www.huloop.ai.

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Apprio, a leading provider of smart automation solutions for healthcare, is featured in a new KLAS Emerging Insights Case Study that highlights how the company’s revenue cycle management (RCM) and enrollment automation tools are helping their clients obtain better financial results and enhance operations.

One of the largest health systems in the United States with more than 92,000 caregivers, employs Apprio’s automation solutions in 52 hospitals nationwide. In the course of a single year, Apprio’s automation solutions processed more than 2 million transactions, saving the health system more than 367,000 hours of labor.

KLAS interviewed several executives at this large nonprofit health system, noting users of Apprio’s automation solutions were “highly satisfied” and were able to redeploy staff on “more complex tasks that bring in more revenue.” Redeploying staff to higher-value activities is critical for helping improve employee satisfaction while making the organization more efficient.

“We’ve long known that our automation processes and solutions can revolutionize and modernize the way forward for hospitals and healthcare systems to manage revenues, staff, and operations,” said Kali Durgampudi, president and CEO of Apprio’s automation division. “This report validates that our solutions deliver as promised. We are very excited to showcase and expand our state-of-the-art solutions to many more clients.”

The case study notes that Apprio’s solutions helped the national nonprofit health system successfully manage higher volumes of patient accounts, identify Medicaid eligibility faster, accelerate cash collections, and reduce days in accounts receivable.

Apprio helps hospitals and health systems improve efficiencies by using artificial intelligence (AI)-powered and robotic process automation tools to streamline patient billing, prior approval from insurers, and Medicaid enrollment.

Read the full KLAS Emerging Insights Case Study.

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