About Verano.AI

Verano utilizes proprietary AI agents to automate over 80% of regulatory compliance tasks, integrating seamlessly with platforms like ServiceNow and SAP. This solution enables organizations to efficiently manage compliance workflows while proactively mitigating risks in real-time.

```xml <problem> Organizations face increasing complexity in regulatory compliance, requiring significant time and resources to monitor changes, identify applicable requirements, and ensure adherence to internal policies. These manual processes are prone to errors, create compliance gaps, and increase the risk of regulatory penalties. </problem> <solution> Verano provides an AI-powered RegTech platform that automates over 80% of regulatory compliance tasks, enabling organizations to streamline workflows and proactively mitigate risks. The platform uses proprietary large language models (LLMs) and generative AI to monitor regulatory updates, identify legal requirements, map compliance gaps, and suggest corrective actions. By integrating with existing platforms like ServiceNow, SAP, IBM, and Microsoft, Verano centralizes data access, automates workflows, and reduces the time and resources required to maintain compliance. </solution> <features> - Real-time regulatory monitoring and summaries across multiple jurisdictions and industries - AI-powered identification of legal and regulatory requirements - Compliance mapping to identify gaps between regulatory requirements and internal policies - Generative AI for suggesting compliance corrections and tailored recommendations - Centralized and unified data access for efficient handling of compliance requests - Streamlined workflows for data collection, task coordination, and deliverable creation - Integration with existing platforms like ServiceNow, SAP, IBM, and Microsoft </features> <target_audience> Verano's primary customers are organizations in regulated industries, such as oil and gas, energy, and finance, that need to efficiently manage regulatory compliance and mitigate risks. </target_audience> ```

What does Verano.AI do?

When was Verano.AI founded?

Verano.AI was founded in 2023.

Who founded Verano.AI?

Verano.AI was founded by Hugo Kiqumoto.

Hugo Kiqumoto - Co-Founder

Founded

2023

Employees

6 employees

Major Investors

Plug and Play

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Verano.AI

Score: 89/100

AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

verano.ai 200+

Crunchbase

Founded 2023

Funding

Major Investors

Plug and Play

Team (5+)

Hugo Kiqumoto

Co-Founder

Company Description

Problem

Organizations face increasing complexity in regulatory compliance, requiring significant time and resources to monitor changes, identify applicable requirements, and ensure adherence to internal policies. These manual processes are prone to errors, create compliance gaps, and increase the risk of regulatory penalties.

Solution

Verano provides an AI-powered RegTech platform that automates over 80% of regulatory compliance tasks, enabling organizations to streamline workflows and proactively mitigate risks. The platform uses proprietary large language models (LLMs) and generative AI to monitor regulatory updates, identify legal requirements, map compliance gaps, and suggest corrective actions. By integrating with existing platforms like ServiceNow, SAP, IBM, and Microsoft, Verano centralizes data access, automates workflows, and reduces the time and resources required to maintain compliance.

Features

Real-time regulatory monitoring and summaries across multiple jurisdictions and industries

AI-powered identification of legal and regulatory requirements

Compliance mapping to identify gaps between regulatory requirements and internal policies

Generative AI for suggesting compliance corrections and tailored recommendations

Centralized and unified data access for efficient handling of compliance requests

Streamlined workflows for data collection, task coordination, and deliverable creation

Integration with existing platforms like ServiceNow, SAP, IBM, and Microsoft

Target Audience

Verano's primary customers are organizations in regulated industries, such as oil and gas, energy, and finance, that need to efficiently manage regulatory compliance and mitigate risks.