Monthly Archives: August 2022

Presented by Vanta

Security is more than a threat mitigator its a growth enabler too. Catch up with this VB On-Demand event to learn how an automated security and compliance improves your security posture, helps meet SOC 2, HIPAA, or ISO 27001 regulations, gets you compliant fast, and more.

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Cyber criminals are getting smarter, their attacks are continuously evolving, and their successes are leaving marks. Assaults are scaled effortlessly, from the one-to-one text phishing attempts on employees who post about new jobs on LinkedIn, to the unprecedented campaign against the Costa Rican government that brought much of their infrastructure to a standstill, resulting in losses of $125 million over 48 hours.

Whats notable is the sophistication, says Kaitlin Pettersen, VP of customer experience at Vanta. The seeming legitimacy is improving. Theyre getting smarter. Theyre getting more strategic, and the financial and reputational cost of these data breaches is high.

Customer trust is easily lost, but not easily won back and that directly impacts your bottom line. Globally, fines for GDPR violations are huge, but smaller companies are also facing financial consequences for violations. The CCPA in California opens the door to lawsuits from customers whose data was involved in a breach. The cost per incident may not be huge, but multiplied across all of a companys customers, it adds up rapidly. Combined with the reputational hit, its a blow to your trajectory as a company.

On top of risk protection, compliance and security is also great for business, in that it helps attract and retain customers, she adds. For instance, SOC 2 certification is the most sought-after security framework for growing SaaS companies, demonstrating an organizations ability to effectively safeguard the privacy and security of customer and client data.

It can seem daunting, especially for smaller companies without specialized roles dedicated to security issues, but automation and technology are now available to lift the burden, and make it much easier than it used to be to prevent attacks and fines.

It takes a combo of security or the ongoing practices and policies that you put in place to care for your customers data and protect the integrity of your business and compliance. That, and the associated standards, is what demonstrates your great security posture, especially as more standards emerge.

The old adage is perhaps overused, but the best defense really is a good offense, Pettersen says. Standing up and maintaining good security practices and staying compliant will mitigate risks and keep businesses protected from attacks and hefty fines. But thats a lot easier said than done.

As threats continue to grow, an increasing number of businesses, and certainly larger enterprises, view compliance and security as table stakes for doing business with any partner or vendor.

Building good security posture and being able to demonstrate that will enable businesses to thrive, and really empower them from an economic perspective in good times and bad, because its helping to build trust quickly and easily in prospects and customers, says Petersen. And leveraging automation to get there faster and more effectively will help small, medium and large businesses win more and larger deals.

A security and compliance platform like Vanta decreases the burden of security and compliance by pairing an automated compliance platform with a guided audit experience, from onboarding to final reports. It integrates with the commonly used cloud services, identity providers, task trackers and more to automate the complex and tedious work of gathering evidence for security audits, and runs hourly checks on a system to ensure compliance stays in place.

Centralized organizational security helps companies properly onboard and offboard employees, remediate issues from failed tests, and manage policies and documents in one place. It offers visibility into employee-related tasks like background checks and security training. With two-way task tracker integrations, it can discover, assign and resolve issues as they happen. Continuous monitoring catches activity out of line with security policies anywhere in the organization. And a dashboard offers updates in real time, identifying where a companys security posture and compliance stands.

Your security and compliance partners and vendors should be providing you with helpful content and resources, Pettersen says. Its the responsibility of companies like Vanta to provide you with a product that enables you to do this better and more successfully, but to also help you understand what a good security posture is, what it means to mitigate risk, and why compliance is so crucial to successful businesses.

To learn more about what compliance standards your business requires, how to mitigate security risks while ensuring continuous compliance, how automation is changing the game and more, dont miss this VB On-Demand event.

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How automation is transforming security and compliance - VentureBeat

Companies eagerly anticipate the introduction of automation to make specific developments in their business, such as reducing costs and creating a more efficient and safer work environment.

Automation can be applied to a number of different processes, from the test labs to the production line. Fully automated materials testing systems are available for testing hundreds of specimens without the need for an operator and can be run overnight.

These systems, however, are not always the best solution for all test labs. Many labs lack the testing volume to make a sound return on investment of a fully automated system. Or, rather than testing material coupons typically associated with an automated system, they may be conducting component testing. For these customers, a semi-automated testing system may be a better option for both their application and budget.

Introducing asemi-automated XY stageto a testing system offers numerous benefits to the lab:

AT2 Automated XY Stage Throughput & EfficiencyPlay

Video Credit:Instron - Europe

Throughput is one of the key metrics in a test lab. The data the lab generates is critical to the overall success of the company; the results may be implemented in product development projects or to verify product quality as it exits the production line. Delays in testing may have detrimental effects on important company targets, such as time-to-market for a new product or distribution deadlines.

The time it takes to run an actual test is fixed, whether the system is automated or manual. Test time is often controlled by international standards such as ISO, ASTM, and EN standards, or by internal company test procedures.

The part of the process that can cause a significant increase in the overall test time are the steps that occur between test-to-test.

First, the tested specimen must be removed, and it should be checked that no remnants are left behind. Then the operator must set up the next specimen carefully, making sure it is correctly positioned and aligned. This process will take time, which can varydepending on how complex the test is as well as the users experience.

These are the areas the time between tests - where a semi-automated system can make a significant contribution to lab throughput.

One example of how an XY stage can improve throughput is to assess the data from benchmark testing performed on springs used in a surgical tool. Fifty specimens were manually run, which took nearly 16 minutes.

The operator-led tests were run one immediately after another, with no breaks or diversions. Typically, an operator who is running tests manually has regular interruptions, such as breaks, meetings, or conversations with colleagues, where testing is put on hold.

Image Credit:Instron - Europe

Using the semi-automated XY system, those same fifty tests only took around 8.5 minutes. The XY system made it possible to test 46% more specimens in the same amount of time. This extra time could benefit several areas of the entire process such as time-to-market, hitting engineering project milestones, or releasing a product for distribution.

Image Credit:Instron - Europe

Customers using an XY system can optimize throughput even further by having several test fixtures available.

While one batch of specimens is being tested, the operator is able to prepare the next batch by placing all the specimens to be tested into the fixture. This reduces downtime between tests significantly, as the operator can set up a new sample on the XY system quickly and then immediately press start.

Backlogs can also be worked through more efficiently, providing faster turnaround on data that is required for R&D projects and on production lines.

While the XY stage enhances lab throughput, it also improves efficiency by giving the operator more time to perform other tasks. The use of automation means the operator is free to walk away from the system and conduct other value-added tasks, such as completion of test reports, data analysis, or measuring and preparing the next batch of specimens for testing.

The benchmark data from the spring tests demonstrates that in addition to boosting the lab throughput by 46% during an 8-hour shift, the operator will theoretically have an additional 3.5 hours of time that would otherwise be consumed when manually running tests. These 3.5 hours is time that can be used much more efficiently.

There are a number of factors that have an impact on repeatability. Specimen placement is crucial: if the specimen is not properly aligned or is at an angle compared with the loading line, this will cause variations in the results.

While there are tools available to aid specimen alignment, operator experience is still crucial in this area, and time and care still must be taken to prepare a specimen. The XY stage has the capacity to position test components or specimens with enhanced repeatability.

Image Credit:Instron - Europe

When specimens are inserted and manually aligned, the operators influence on the test results can be particularly noticeable when multiple operators with different levels of experience are running tests on several systems or even across multiple labs. This is compounded when testing numerous points on small components.

The integrated chips displayed in the image above are extremely small. Ensuring that these parts are properly tested in the center and at the same 4 points around the edge can be a challenge when manually preparing the specimens.

An XY system with a well-designed fixture can circumvent such challenges relative to specimen placement and consistency of test locations. An XY stage supplies repeatable test locations from sample to sample, ensuring that the generated data is comparable.

According to OSHA evaluations, companies in the U.S. pay around $1 billion in direct worker compensation each week, which does not include additional costs related to disturbances in the lab.

If an operator is away on medical leave, the labs throughput will likely be reduced due to less staff. If the injured operator knows how to run a specific system or test, that loss of expertise will impact the labs capacity to meet its customers requirements. Also, lab accidents can have a negative impact on user confidence when operating the equipment.

Reducing the need for operator interaction when using an XY system improves safety, as the operators hands rarely need to enter the test space. It also provides improved ergonomics as it eliminates the repetitive motion that is required when manually loading specimens.

Using the XY system means some of the testing challenges around specimen alignment and test points can be removed;thus, operators with less experience can be trained more effectively, making the system easier to use. Moreover, these operators will be more confident when it comes to running the system, reducing overall disruption in the lab.

Semi-automated systems, such as the XY stage, can offer labs where a fully automated system is not the best solution a series of benefits throughput, efficiency, repeatability, and safety.

The XY stage enables testing labs to introduce automation on a smaller scale that is well-suited for several different applications, including medical devices, such as vials and syringes, and electronic devices and components.

This information has been sourced, reviewed and adapted from materials provided by Instron - Europe.

For more information on this source, please visit Instron - Europe.

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What are the Benefits of Semi-Automation in Materials Testing? - AZoM

Companies that put off urgently needed young talent by using manual processes and outdated software particularly in accounting are shooting themselves in the foot.

The gender pay gap is not the only chasm that exists in most countries. The divide between baby boomers and Generations X, Y, and Z could seriously threaten the financial performance of companies if they do not take action now. On each side of this divide we find some very different attitudes and expectations when it comes to work culture, work-life balance, digitalization, and career paths.

On one side, there is the 17-year-old digital native who seems to spend eight hours a day on TikTok, Snapchat, and Instagram and who wants to start a career, ideally in the commercial department and preferably in your company. However, if your company still does things the old way, with manila envelopes, stamps, and paper trays, it is unlikely to be a match made in heaven. Admittedly, few companies are quite so analog these days, and SAP or other ERP systems have become the norm. But if your IT department thinks that Fiori is a kind of ice cream rather than an innovative system for designing intuitive user interfaces, your new hire is unlikely to feel at home.

ERP user interfaces that are ten years older than the new recruits who use them will fail to impress. Such new recruits will become even more critical in the coming years, when the entire baby-boomer generation is set to retire. In Germany, for example, in 1965, 1,325,386 babies were born, around twice as many as in 2005, when there were only 686,000 births. Most Western countries have a similar age structure.

As a result, demand for qualified young personnel now massively exceeds supply, leading to dramatic transformations in the job market an imbalance that will only grow over the next few years. Career starters will be picky about where they work, especially if they are well educated. And they will not want to join companies where work processes are monotonous, manual, and old-fashioned.

To find qualified staff to fill administrative roles, companies will need to have more to offer than the clichd foosball tables, baskets of fruit in the morning, and latte macchiatos made of hand-roasted kopi luwak beans from a fully automatic coffee machine. These perks are all well and good, but they are not enough. What really matters is the daily work culture, and this is reflected in the tools staff are expected to work with.

It is worth taking a closer look: How are processes designed, how user-friendly are the tools? Would a digital native want to work with them? It is important to try to see things from this perspective, rather than sticking with the way things have always been done. Companies with a high degree of automation enable their staff to focus on more meaningful activities. At the same time, automation can at least somewhat compensate for staff shortages. Furthermore, intuitive, user-friendly software and simplified processes will be loved by new hires and long-standing employees alike.

However, digitalization projects should not be imposed top-down by the IT department. This is an approach that has caused many IT projects to fail. Instead, future users at all levels should be involved from an early stage as part of a strong feedback culture. Only employees who feel appreciated and know that their own needs and ideas will be incorporated into the future working environment will be motivated. And this applies to everyone, whether they are boomers or members of Generation X, Y, or Z.

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Combating The Labor Shortage With Automation - e3zine.com

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--CommerceIQ, the leading Retail Ecommerce Management Platform, today announced the launch of its new Revenue Recovery Automation offering, part of its single platform that combines intelligent automation and shopper insights to drive omnichannel profitability. With CommerceIQ Revenue Recovery Automation, brands can recover at least one percentage point of profit in their Amazon business within four months by automating recovery of shortages and chargeback deductions.

Building a profitable ecommerce business on Amazon can be especially difficult in todays environment, and companies can not afford to leave any money on the table, said Guru Hariharan, CEO of CommerceIQ. We are excited for our customers to discover the benefits of CommerceIQs new Revenue Recovery Automation software, which can help them combat shortages and chargebacks to reclaim significant profits for their ecommerce businesses.

In an analysis of CommerceIQ data, companies could be losing one to five percent of their total shipped cost of goods sold (COGS) annually on Amazon because of two main issues errors in shortages and chargebacks. This can lead to a potential loss of millions at a time when competition, inflation, and supply chain issues are further straining profitability.

CommerceIQ Revenue Recovery Automation software uses machine learning to help uncover the root cause and permanently stop sources of revenue and profit leakage. It automatically disputes erroneous shortage and chargeback claims, driving profit growth. The platforms shortage control dashboard and chargeback portal establish a single source of truth, allowing customers to visualize their data, analyze and identify issues, and automatically take action. Key platform benefits include:

Early customer adoptions of CommerceIQ Revenue Recovery Automation have seen positive results. One customer, a Fortune 500 food company, integrated its Amazon business with CommerceIQ, leading to $1.9M revenue reclaimed in 90 days by automatically filing triple the disputes, leading to 1% reclaimed COGS. The company's resolution rate more than doubled from over this period, reducing costs and enabling teams to focus on more valuable work.

CommerceIQ is confident its Revenue Recovery Automation software can improve Amazon profit margins by at least 1 full point within four months, and is offering a limited-time money-back guarantee. Visit here to learn more about this exclusive offer.

To find out more about how your business can benefit from CommerceIQ Revenue Recovery Automation, check out the ebook Boosting Profit by Recovering Revenue at Amazon.

About CommerceIQ

CommerceIQ is a leading Retail Ecommerce Management Platform, unlocking profitable market share growth for consumer brands through intelligent automation. Its unified platform applies machine learning and automation across marketing, supply chain, and sales operations to help brands boost share-of-voice (SOV), minimize out-of-stock (OOS), and prevent revenue leakage. With worldwide retail ecommerce growth expected to reach $7.4 trillion in 2025, mastering operational scale and unit economics through retail ecommerce channels is essential. Nestle, Colgate, Whirlpool, and more than 2,200 consumer goods leaders use CommerceIQ as the single source of truth for their retail ecommerce. CommerceIQ has raised $200 million from venture investors including Softbank, Insight Partners, and Madrona Venture Group. For more information, visit https://www.commerceiq.ai/

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CommerceIQ Launches New Revenue Recovery Automation to Reclaim Shortages and Chargeback Deductions and Improve Profitability - Business Wire

Die casting is a process that has been used for many years to create products from metal using die casting mould. It is often used when there is a need for mass production of parts, as it can be done quickly and relatively cheaply.

In recent years, however, die casting has begun to be replaced by a new process called Automation in High-Pressure Die Casting.

Automation in High-Pressure Die Casting is a process that uses robots to do the die casting instead of humans. This has many benefits over traditional die casting, including:

One of the main benefits of using Automation in High-Pressure Die Casting is the increased accuracy it offers. Because the process is done by robots, there is much less chance for human error, which means that parts produced using this method are less likely to be defective. This makes Automation in High-Pressure Die Casting a more reliable option for mass production of parts.

The use of robots means that the Automation in High-Pressure Die Casting process can be completed much faster than die casting done by humans. This can lead to shorter production times and lower costs.

The use of robots gives greater flexibility to the Automation in High-Pressure Die Casting process. This means that parts can be produced in various shapes and sizes, with different finishes.

This flexibility allows manufacturers to produce die casting parts that meet the specific needs of their customers. It also allows them to experiment with new designs and finishes, which can help them stay competitive in the market.

The flexibility offered by Automation in High-Pressure Die Casting is one of the main reasons why it is becoming increasingly popular among manufacturers. It allows them to produce high-quality parts quickly and efficiently, which helps them stay competitive in todays marketplace.

The use of robots reduces the risks associated with die casting, as there is no need for humans to be present during the process. This can lead to a safer working environment.

The use of robots can lead to reduced costs, as the cost of labor is eliminated. Additionally, the use of robots can help to reduce scrap rates and improve overall efficiency.

These factors can lead to significant savings for manufacturers, which can help them stay competitive in the market. In addition, the use of robots can help to improve the quality and speed of production, making it a more viable option for mass production of parts.

The use of robots can lead to increased productivity, as parts can be produced faster and with greater accuracy. This can free up time for other tasks to be completed, leading to a more efficient production process.

The use of robots leads to greater consistency in the Automation in High-Pressure Die Casting process. This means that parts will be of a higher quality and less likely to vary from one another.

The use of robots can lead to reduced energy consumption, as they are more efficient than humans at die casting. This can help to lower production costs and improve the overall sustainability of the process.

The use of robots can help to enhance the sustainability of the Automation in High-Pressure Die Casting process. As they are more efficient than humans, they can help to reduce greenhouse gas emissions and other environmental impacts associated with die casting.

The use of robots can help to improve working conditions in die casting facilities. As there is no need for humans to be present during the process, there is less noise and dust, and the working environment is generally cleaner and safer.

The use of robots can help to improve the ergonomics of the die casting process. As humans are not required to be present during the process, there is no need for them to stoop, lift, or reach awkwardly. This can help to reduce the risk of musculoskeletal disorders (MSDs).

One of the benefits of Automation in High-Pressure Die Casting is the increased accuracy it offers for thin-walled parts. Because the process is done by robots, there is much less chance for human error, which means that parts produced using this method are less likely to be defective. This makes Automation in High-Pressure Die Casting a more reliable option for mass production of thin-walled parts.

The use of robots leads to greater dimensional accuracy in the Automation in High-Pressure Die Casting process. This means that parts will be of a higher quality and less likely to vary from one another.

The use of robots can help to enhance the surface finish of die cast parts. As they are more efficient than humans, they can help to produce parts with a smoother finish.

The use of robots can lead to increased productivity per hour in the Automation in High-Pressure Die Casting process. This means that more parts can be produced in a shorter period of time, leading to a more efficient production process.

The benefits of Automation in High-Pressure Die Casting are clear. By using robots instead of humans to do the die casting, many advantages can be enjoyed, including increased accuracy, speed, flexibility, safety, reduced costs, increased productivity, greater consistency, reduced energy consumption and enhanced sustainability.

These benefits make Automation in High-Pressure Die Casting a more efficient and sustainable way to produce parts from metal.

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15 benefits to using Automation in High-Pressure Die Casting - Robotics and Automation News

BackBox released BackBox Automation Platform. This latest version adds cloud-based SaaS features to a platform with a largely on-premises footprint, and includes new capabilities that improve user experience, accelerate time-to-value, and deliver insights into usage and automation performance.

BackBoxs product release delivers scalability and onboarding for both managed service providers (MSPs) and managed security service providers (MSSPs), as well as enterprise customers. The release expands capabilities for network inventory and adds cloud-based telemetry reporting based on system performance and inventory data into an easy-to-use executive dashboard.

Organizations around the globe rely on BackBoxs network automation solutions, including some of the largest MSPs and MSSPs in the world, said Andrew Kahl, CEO of BackBox.

We are aiming to change the way network automation tools are used to enhance network security, performance, and compliance. While many of our enterprise customers require an on-premises solution for network automation, especially when managing secure, closed, and OT networks, many other customers require a distributed approach to best manage their multi-cloud environments. This has been especially evident as weve worked to partner with our MSP, MSSP, and cloud-first customers. With this product release, we can better support our on-premises customers and offer new capabilities for customers managing hybrid environments., said Kahl.

The hybrid SaaS model of the BackBox platform allows for new features like the executive dashboard. Analytics on inventory and automation performance help customers quantify the business impact of network automation and inform their automation strategies. The dashboard will help both customers and MSP/MSSP partners better validate and justify their work while identifying common and recurring issues, and strategies for overcoming them.

This latest release and the upcoming releases we have scheduled for later this year are focused around improving capabilities of the product for MSPs and enterprise customers with a need to automate network security posture improvements, said Craig McDonald, Head of Product at BackBox.

We are also continuing to enhance our product capabilities around network inventory and cyber asset attack surface management (CAASM), as these have been key areas of interest amongst our customers. This latest release both advances our capabilities in these areas and positions us for rapid expansion of these capabilities throughout the remainder of the year and beyond., McDonald continued.

One new capability we are particularly proud of is a greenfield provisioning tool for MSPs. Weve worked with some of our largest MSP/MSSP customers to develop a new tool to accelerate their deployment and onboarding of client firewalls and other network infrastructure gear. This latest release of our automation platform includes several key capabilities required to connect the platform to the provisioning tool in the ways our customers want to use them. said McDonald.

With each new release BackBox adds support for new network devices. The platform currently supports different physical and virtual device types from over 180 different vendors including Cisco, Fortinet, Palo Alto, f5, Juniper Networks, and Check Point.

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BackBox Automation Platform enhances network security and performance for MSPs and MSSPs - Help Net Security

CHICAGO--(BUSINESS WIRE)--Thoughtful Automation today announced that it has shortened its name to Thoughtful. This signals that Thoughtfuls long-term vision is broader than automation, and it is committed to improving work environments by providing a solution that strengthens businesses, prevents employee burnout and makes creativity part of daily work.

Thoughtful customers use the companys cost-effective, efficient and scalable automation-as-a-service platform to launch digital workers in a matter of weeks. This provides mid-sized companies with the opportunity to benefit from a digitally-augmented team. Digital workers, a future cornerstone of how we will work, can free up peoples time and enable companies to control costs, address remote work challenges and overcome hiring struggles.

We are at a critical juncture in human history in which time and attention are at a massive deficit, said Alex Zekoff, co-founder and CEO of Thoughtful. To solve higher-order problems, we need to buy back time for people, so that they have greater opportunities to be creative. Shortening our name is a small but important change to advance our mission to build the worlds largest digital workforce and give people time to pursue more meaningful, higher-value work, while enabling the global developer community to expedite this transformation.

Zekoff added, Automation and AI are mission-critical solutions that will help humanity to reach the next stage of global economic advancement and Thoughtful is at the forefront.

About Thoughtful

Thoughtful is the only automation-as-a-service provider with cost-effective, efficient and scalable business automation solutions purpose-built for mid-market companies. Its intelligent automation technology and cloud-based digital management platform provides everything middle market businesses need to customize, implement and continuously monitor and optimize digital workers. Thoughtfuls digital management platform allows businesses to launch digital workers in a matter of weeks at a fraction of the cost. To learn more, follow Thoughtful on LinkedIn, Twitter or YouTube or visit http://www.thoughtful.ai.

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Thoughtful Automation Shortens Its Name to Thoughtful, Explaining That Automation Is Just Part of Its Value - Business Wire

The Department of Veterans Affairs is overseeing a program to comprehensively modernize the delivery of its GI Bill benefits.

Initially launched in 2021, the Digital GI Bill (DGIB) aims to integrate all GI Bill benefits through a single online portal designed to streamline the experience and improve access.

One of VAs broader goals in modernizing its services has been the comprehensive integration of data within services that either automate their delivery or greatly expedite the delivery of critical services. This has been a special priority within the Veteran Benefits Administration, whose technology leadership has worked to integrate data from service records and other sources into the automatic processing of benefits claims.

This has radically expedited the delivery of due compensation, with the integration of digital data sources allowing VA adjudicators to quickly ascertain the validity of a claim whether for disability compensation or a home loan.

The DGIB incorporates its own version of this process, with its technology leadership working to incorporate data from Defense Department service records in order to automatically validate a veterans earned GI Bill benefits.

This represents a marked departure from the longstanding method of having to sort through paper records in order to find requisite information, a process that could take months to complete. As a result, the DGIB has allowed VA to automate these claims and radically expedite benefits delivery.

Due to some changes in some business rules due to a lot of like key integration points, we have actually been able to boost our supplemental automation up to about 50-57%. So it definitely holds steady above 50%, we've even touched some months as high as 62%," said DGIB Supervisory IT Program Manager Riley Ross.

Rather than the more fragmented approach to claims processing and software integration that was the previous model for VA services, the DGIB brings together the management of education benefits within a single interface.

Like many other government organizations, [our services] were paper driven and sort of long and arduous. Prior to 2008 or so, we processed claims in a highly manual workflow where we had to touch about 11 different computer applications to just process a claim, Ross said.

This process has provided benefits for both veterans and the VA workforce, particularly in decreasing the time and personal demands needed to allocate requested educational benefits. This approach to service automation has saved VA adjudicators the trouble of manually sorting through multiple service records, allowing them to more quickly and easily process claims.

"Veterans could potentially, especially if they're a reservist, have moved through multiple periods of active-duty service. It's possible that each of those service periods has a different character of service to it. So I'm writing the rules to reflect education benefits used over inactive periods of service so as to not to get super complicated, Ross said.

These automation efforts have been coupled with a focus on greater communication with veterans and familial beneficiaries, including offering multiple points of contact and benefit confirmation with VA providers themselves.

We started utilizing text messages in 2020 througha small pilot program, and it had an incredible opt-in rate of above 90%," Ross said. "So we rolled that out and then expanded that use case last year and have had a ton of success with it. Instead of just wanting to use text messages, most of them are also open to confirming through email. So we're doing a ton with email, letting people know what benefits they're entitled to, what our benefits decisions are, checking in, making sure they're still attending classes so that we can continue to pay out those benefits."

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GI Bill Gets Digitization and Automation Improvements - GovernmentCIO Media & Research

SAN FRANCISCO--(BUSINESS WIRE)--Fathom, the leader in AI medical coding automation, announced it is delivering the industrys highest automation rates based on results at hundreds of clients across the country. The companys medical coding automation platform is the first to achieve >95% live coding for emergency department encounters. With support for over 1,000 emergency departments nationwide, some emergency facilities using Fathom see automation rates as high as 96%. This automation performance is 2-3x higher than any other automation vendor and leads to unparalleled savings. In addition, the company announced that its system delivers on average for clients a 96.8% accuracy rate and 1.22% increase in RVU capture for E&M codes as evaluated by client auditors.

This milestone is a significant achievement for Fathom, but more important for the healthcare community as it faces unprecedented staffing challenges, said Andrew Lockhart, Fathom CEO. This level of coding automation allows us to deliver significantly higher accuracy, immediate cost savings, and ultimately, faster reimbursements for our clients compared to any RCM vendor or technology provider. Essentially, the Fathom platform is the only automated coding solution that can autonomously code nearly every emergency department chart and generate the scale needed to provide an organization with unprecedented financial performance improvement.

Health systems, urgent care centers, physician groups, and revenue cycle professionals are experiencing unforeseen challenges in Revenue Cycle Management (RCM) due to staffing shortages, complex and changing code sets, and new regulations. These challenges often result in staffing shortages, high costs, and denials, which can go undisputed without trained coders.

The Fathom platform is the most powerful and scalable way to provide coding support to RCM professionals. The platform helps lower costs, remove inefficiencies, shorten the billing cycle payment, and reduce denials. And it frees coding experts to focus on complex challenges and successfully resolve disputes.

About Fathom

Fathom, headquartered in San Francisco, CA, is the nations leading medical coding automation platform, an AI solution that fuses the best of deep learning and Natural Language Processing (NLP) to automate medical coding with unprecedented accuracy and efficiency. Fathom supports some of the largest healthcare revenue cycle operations in the United States that account for nearly 60M patient encounters annually. Fathom provides the highest automation rates and the broadest specialty coverage to help clients increase speed and accuracy while reducing costs.

The company is backed by world-class investors, including Tarsadia, 8VC, Founders Fund, and Stanford. For more information, visit fathomhealth.com, or follow the company on LinkedIn.

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Fathom Sets Highest Industry Automation Rate With 96% Live Coding Automation For Emergency Departments - Business Wire

BOSTON--(BUSINESS WIRE)--Teikametrics, the leading optimization platform for sellers on Amazon and Walmart, today announced that its flagship product, Flywheel 2.0, now automatically optimizes keyword targets across multiple marketplaces.

The top online marketplaces in the world sold $3.23 trillion in goods in 2021, and the competition to get on the coveted first page of results in those marketplaces is increasing. Brands can run ads across multiple marketplaces (Amazon, Walmart, Target and more) to gain a competitive advantage, but managing effective keywords and bids simultaneously can quickly become overwhelming.

Flywheel 2.0 delivers the only AI targeting algorithm that automatically harvests top-performing keywords across a sellers marketplaces then applies them everywhere the sellers products appear. The automation solution dramatically increases the volume of performing keyword targets, which is especially important when launching a new marketplace, and continues to optimize performance holistically across sellers marketplaces dynamically.

Sellers are looking to diversify across multiple marketplaces, but optimizing advertising on more than one marketplace at the same time adds complexity, said Alasdair McLean-Foreman, CEO and founder of Teikametrics. Our new AI-powered algorithm in Flywheel 2.0 solves for this by dynamically using the sellers best-performing keywords across multiple marketplaces. As a result, were giving multi-channel sellers a big competitive advantage, especially for those launching on new channels like Walmart.

Flywheel 2.0 is available to try risk-free via a free trial (no credit card required). Sellers with less than $10,000 per month in sales can use Flywheel 2.0 completely free.

Multi-Channel Marketplace Acceleration via Walmart With Flywheel 2.0

Teikametrics is the leading AI-optimization platform for Walmart, the fastest-growing marketplace in North America. Thousands of Amazon sellers have diversified by adding their products to Walmart, and Flywheel 2.0 helps accelerate their business on this new channel.

Leading organic foods brand BetterBody Foods worked with Teikametrics and improved total sales on Walmart.com by 38x by increasing advertising by 5x while increasing return on ad spend (ROAS) by 6x.

Along with cross-marketplace insights, Flywheel 2.0 offers detailed metrics, including product-level sales, advertising, and profitability, allowing sellers to visualize data that can diagnose inefficiencies and uncover growth opportunities.

To learn more about how Flywheel 2.0 saves sellers time and removes complexity by completely automating product-first, full-funnel advertising, visit teikametrics.com/flywheel.

About Teikametrics

Teikametrics AI-powered Marketplace Optimization Platform helps sellers and brand owners maximize their potential on the worlds most valuable marketplaces. Founded in 2015, Teikametrics uses proprietary AI technology to maximize profitability in a simple SaaS interface. Teikametrics optimizes more than $8 billion in GMV across thousands of sellers around the world, with brands including Munchkin, mDesign, Clarks, Nutribullet, Conair, Nutrafol, and Solo Stove trusting Teikametrics to unlock the full potential of their selling and advertising on Amazon, Walmart, and other marketplaces.

For more information, please visit: http://www.teikametrics.com.

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Teikametrics' Marketplace Optimization Platform, Flywheel 2.0, Adds AI-Powered Automation to Maximize Advertising Performance Across Marketplaces -...