Exela Technologies adds Robotic Process Automation (RPA) platform for a large health insurance company

Exela’s RPA platform is at the moment utilized by a number of shoppers throughout a wide range of industries, together with banking, finance and accounting, and the general public sector

IRVING, Texas, June 29, 2021 (GLOBE NEWSWIRE) – Exela Applied sciences, Inc. (“Exela” or “the Firm”) (NASDAQ: XELA), a world chief in enterprise course of automation (BPA), introduced immediately the introduction of EON. recognized, Exela’s Robotic Course of Automation (RPA) platform for a significant medical insurance firm.

This overhead accelerates a big insurer’s digital transformation efforts by automating repetitive handbook duties. As half of a bigger relationship constructed over 16 years, Exela’s RPA platform will automate claims dealing with and success companies. This answer considerably reduces turnaround time and total responsiveness to members and suppliers.

Exela continues to put money into constructing PCH International’s capabilities to supply a cloud-hosted answer with among the best enhancing resolutions for healthcare claims. The usage of our RPA platform as a module throughout the complete PCH ecosystem marks one other milestone within the rising worth proposition of the PCH International platform within the healthcare sector to digitally join members, suppliers and insurance coverage firms so as to obtain clear claims, fee transparency and digital appeals.

“Our EON platform, which is at the moment utilized by a number of clients from the banking, finance & accounting and public sector, is now being utilized by a big insurer. Our configurable RPA platform minimizes turnaround time, reduces human error and will increase throughput, ”mentioned Srini Murali, President of Exela for America and APAC.

Exela’s technique is emigrate well being relationships into our PCH International Cloud community to supply better scalability, highest uptime and enterprise continuity safety, in addition to enhanced information analytics which are constructed into the platform and accessible by way of a self-service mannequin. Exela’s information scientist crew makes use of clever information processing features based mostly on neural networks, whereas Exela’s enterprise course of administration groups assist clients in optimizing enterprise processes, gaining deeper insights and reaching better course of flexibility and management.

The story goes on

About Exela Applied sciences

Exela Applied sciences is a number one enterprise course of automation (BPA) firm that leverages a world presence and proprietary applied sciences to ship digital transformation options that enhance high quality, productiveness and end-user expertise. With many years of expertise in working business-critical processes, Exela serves a rising buyer base of greater than four,000 clients in 50 international locations, together with over 60% of the Fortune® 100.

With basic applied sciences spanning info administration, workflow automation and built-in communications, Exela’s software program and companies embody cross-industry answer suites for finance and accounting, human capital administration and authorized administration, in addition to industry-specific options for banking, healthcare, insurance coverage and the general public sector. With cloud-enabled platforms based mostly on a configurable stack of automation modules and greater than 18,300 staff in 23 international locations, Exela, as an end-to-end digital journey accomplice, rapidly gives built-in applied sciences and processes.

Ahead-Wanting Statements

Sure statements on this press launch are usually not historic info however forward-looking statements throughout the that means of the protected harbor provisions of the Non-public Securities Litigation Reform Act of 1995. Ahead-looking statements are typically made up of phrases comparable to “might”, “ought to”, “would”, “plan”, “intend”, “anticipate”, “consider”, “estimate”, “predict”, “probably”, “appear”, “search”, “proceed”, “future”, “will”, “anticipate” “,” Look out, “or different comparable phrases, phrases, or expressions. These forward-looking statements embody statements about our industry, future occasions, estimated or anticipated future outcomes and advantages, future alternatives for Exela, and different statements that aren’t historic info. These statements are based mostly on the present expectations of Exela administration and are usually not predictions of precise efficiency. These statements are topic to a variety of dangers and uncertainties, together with these mentioned beneath the heading “Danger Components” in Exela’s annual report and different securities paperwork. Moreover, forward-looking statements replicate Exela’s expectations, plans or projections of future occasions and beliefs as of the date of this launch. Exela assumes that subsequent occasions and developments will result in a change in Exela’s assessments. These forward-looking statements shouldn’t be taken as representing Exela at any time after the date of this press launch.

Investor and / or media contacts:

Vincent Kondaveeti
E: [email protected]
T: 929-620-1849

Mary Beth Benjamin
E: [email protected]
T: 646-277-1216

Supply: Exela Applied sciences, Inc.

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