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Overview
Velos is a no-code AI automation platform that frees back-office teams from manual tasks. While it excels at complex data processing, its success depends on the quality of input data. Velos features solutions for businesses to move from rigid rule-based systems to flexible, end-to-end AI-driven automation for improved efficiency.
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Starting Price
Custom
Velos Specifications
- Smart Data Discovery
- Self-Service Dashboards
- Automation
- Bot Design & Deployment
What Is Velos?
Velos software is an AI automation platform that specializes in handling complex, manual back-office tasks that are typically stuck in unstructured data formats like PDFs, spreadsheets, and emails. It acts as an AI workforce capable of managing the entire process, from data intake and extraction to intelligent processing, decision-making, and final output into other legacy software systems, eliminating the need for expensive offshore teams or brittle Robotic Process Automation (RPA) tools.
Velos Pricing
Velos pricing is customized based on business needs and requirements.
Velos Integrations
Velos supports flexible integrations, including API access, Google , Sheets email platforms, drive storage, PDFs, and third-party systems.
Who Is Velos For?
Velos is for professionals in the following sectors:
- Finance
- Insurance
- Local government
Is Velos Right For You?
Velos software delivers an AI workforce that features robust security protocols and offers a centralized platform to manage all your AI assistants. Its system provides end-to-end automation for mission-critical processes, including intake, processing, and decision-making, with a human-in-the-loop feature for exceptions. By automating high-volume, nuanced tasks, Velos helps organizations free up their staff to focus on higher-value work, ensuring operational efficiency and strategic growth.
Still not sure about Velos? Contact our support team at (661) 384-7070 for further guidance.
Velos Features
Automated Month-End Reconciliation
This feature eliminates days of manual work spent cross-referencing bank statements, invoices, and ledgers across spreadsheets and PDFs. It intelligently matches transactions, even when amounts are rounded or descriptions are vague, then isolates only the critical discrepancies that require immediate human review, ensuring accurate and expedited financial closing.
Due Diligence Insight Generation
Velos quickly reviews thousands of documents hidden within massive data rooms during mergers and acquisitions. It automatically surfaces the most critical financial statements, risks, and regulatory filings that align with the company's strategy, allowing analysts to focus immediately on high-level analysis and drive faster dealmaking.
Automated Bordereaux Processing
This feature solves the data processing nightmare of sharing Bordereaux spreadsheets between reinsurers and cedants. It automatically cleans and unifies data across different formats, standardizing column names and fields. This process ensures accurate risk data for book analysis, accelerating premium recognition and maintaining compliance.
Insurance Submissions Intake
The platform transforms raw, unstructured insurance submissions—including ACORD documents and handwritten notes—into standardized data ready for policy administration systems. It extracts key information, validates it against external sources, and automatically enriches the data according to company underwriting guidelines, drastically cutting manual processing time.
Pros And Cons of Velos
Pros
Strong compliance with data privacy and security regulations
No-code platform accessible to non-technical teams
Offers end-to-end automation with human-in-the-loop support
Cons
Adapting AI to unique back-office nuance takes time
Not designed for simple, standardized workflows
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Frequently Asked Questions
Does Velos offer an API?
Yes, Velos offers an API.
What level of support does Velos offer?
Velos does not list a direct support email or phone number publicly. However, you can reach out by booking a demo through their website at tryvelos.com.
What other apps does Velos integrate with?
Velos supports API access, Google Sheets, email platforms, drive storage, PDFs, and third-party systems to enable seamless data flow and automation. A free demo is available to explore these integrations.
Does Velos have a mobile app?
No, Velos does not offer a mobile app.
What language does Velos support?
Velos software primarily supports English language.
Who are the typical users of Velos?
Velos is designed for industries such as finance, insurance, and local government.
What types of pricing plans does Velos offer?
Velos offers customized pricing based on business needs and automation goals. Request a Velos cost quote.