Stonebranch vs. Averoic

Stonebranch’s Universal Automation Center (UAC) serves as a comprehensive Hybrid IT automation platform that facilitates the real-time oversight of tasks and processes across both cloud and on-premises infrastructures. This adaptable software solution enhances the efficiency of your IT and business workflows while providing secure management of file transfers and consolidating job scheduling and automation tasks. Utilizing advanced event-driven automation technology, UAC allows you to implement instant automation across your entire hybrid IT ecosystem. Experience the benefits of real-time automation tailored for a variety of environments, such as cloud, mainframe, distributed, and hybrid configurations. Additionally, UAC simplifies Managed File Transfers (MFT) automation, enabling seamless handling of file transfers between mainframes and various systems, while easily integrating with cloud services like AWS and Azure. With its robust capabilities, UAC not only improves operational efficiency but also ensures a high level of security in all automated processes.

Averoic is a no-code solution that facilitates the execution of governed and audit-ready business processes, offering a faster and more adaptable alternative to conventional ERP systems and the traditional use of spreadsheets and emails for operational tasks. The platform empowers users to configure intricate workflows and approval mechanisms—including maker-checker processes with predefined authority limits—while also managing forms, gathering data, creating dashboards, and generating reports, all under an attribute-based access control system that defaults to access denial, thereby ensuring a secure and tamper-proof audit trail, which allows for a fully operational system in just a matter of weeks. Averoic also provides pre-designed templates for a wide range of functions, such as loan origination, governance procedures for credit and investment committees, processing insurance claims, managing procure-to-pay cycles, facilitating vendor onboarding, executing finance postings, and overseeing payroll management. The platform excels in seamless integration capabilities through REST APIs and various communication channels, while incorporating robust service tasks and features for document generation and real-time notifications. Enhanced by an AI assistant that enables the creation of apps, forms, and workflows using simple language, Averoic guarantees per-tenant isolation and data residency options on AWS, whether utilizing cloud infrastructure or on-premises solutions. Currently implemented at UTI Alternatives, Averoic has demonstrated a remarkable acceleration of up to 60% in time-to-market for launching new lending processes, showcasing its capability to enhance efficiency and effectiveness in business operations. This agility not only supports organizations in adapting to industry demands but also empowers them to thrive amid the complexities of a rapidly evolving market landscape.