|[May 27, 2014]
Apparancy Building New Benefits Solution to Serve 22 Million Vets in 2014
BURLINGAME, Calif. --(Business Wire)--
Apparancy, powered by Corefino ®, announced today that in light of news
on the recent pressing demand for a better benefits solution to serve
more than 22 million U.S. veterans, it is re-prioritizing its product
development efforts to build a new benefits solution. Called
"VetApprove"™ , the new cloud-based processing platform will streamline
the health, employment, education, state compensation, disability and
extended care benefits earned by American veterans.
The Burlingame, California-based business process company, launched in
December 2013 on the strength of the trademarked Corefino ® software
platform, was originally intended to release its first solution to the
U.S. healthcare sector via a third party outsourcing program. However,
recent news such as today's USA Today article on the delays of benefits
to older veterans (see http://www.usatoday.com/story/news/nation/2014/05/26/veterans-appeals-leaves-wwii-vietnam-vets-without-benefits-for-decades/9448265/)
fueled Apparancy founder and CEO Karen Watts to revise plans and target
the company's groundbreaking cloud processing platform to focus on
veteran benefits improvement.
"There hopefully comes a time for everyone where you see pressing need -
particularly in instances like this where our most honored Americans are
at risk - and you put aside other priorities, regardless of the bottom
line," Watts said. "But we do need help. We need veterans to immediately
sign up en masse to prove that a grass roots initiative from the private
sector, using current technologies, can be very powerful. We are a small
positioned to do big things. But it is going to take a groundswell -
meaning the grassroots help of the many individuals in our veterans'
Apparancy is urging veterans to immediately go to www.fundly.com/vetapprove
to sign-up and participate in the building and leveraging of a new era
of efficiency for U.S. veterans benefits processing. With a strong grass
roots level of support by U.S. veterans seeking a better path to
support, the platform can be ready in 2014 within a few short months, or
even weeks depending upon the strength and speed of veteran sign-ups.
The VetApprove Technology Foundation
VetApprove is poised to immediately improve the handling of the many
complex forms, processes and procedures currently attached to government
benefit collection…into a simple, streamlined operation. The solution
taps into the powerful Corefino technology platform that has already
proven its ability to handle the massive complexities of compliancy
regulations attached to finance, tax and regulatory requirements.
Apparancy is a pre-built, rapidly-deployed cloud platform solution. It
consolidates and structures a cohesive system of record from any number
of disparate data sources, and creates a fast, efficient rules-driven
framework. Apparancy removes the technology barriers that exist in many
third-party software solutions by working with current infrastructure.
It does not require a lengthy "rip and replace" action to work, and
software and forms that are legally or organizationally mandated stay in
place. Instead, Apparancy works with embedded solutions to speed and
simplify processes, performing events in a fraction of the time
"VetApprove replaces the need for veterans to 'figure out' how to
navigate a maze of actions and forms required to access their benefits,"
Watts said. "Our goal is to make the biggest possible impact now on the
lives of U.S. veterans and their families."
Apparancy, powered by Corefino, provides an automated,
compliance-centric, and holistic business process workflow framework. It
offers a line of purpose-built business process management solutions in
a cloud-based, software-as-a-service model that target the needs of
organizations facing changing regulatory, industry or legal compliancy
mandates. The company is founded by Silicon Valley entrepreneur Karen
Watts, who brought the first cloud-based, turnkey financial compliance
and reporting solution to market in 2009, called Corefino. The more than
500 business processes underpinning Corefino contributed to the launch
of Apparancy in December 2013. Both companies are based in Burlingame,
CA (News - Alert).
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