At Orum, we know how important it is to have a secure and reliable solution that meets the needs of our customers. Our team is dedicated to providing custom-designed solutions that utilize the latest technology and industry standards, while filling the specific needs of our customers. We understand that every business is unique, so you get tailored solutions that deliver unparalleled quality and performance with Orum.
Our solutions are built to be uniquely flexible and customizable, so you can tailor them specifically for your business requirements. With our experience in software development and intuitive problem-solving skills, we create products tailored to your business use cases with maximum efficiency. Our development teams have collectively an unmatched ability to customize software for all sorts of industries; from healthcare to logistics, or whatever unique case you may have.
We use sophisticated AI technology combined with traditional programming techniques to stay ahead of the competition; guaranteeing top performance even in the most complex situations. Orum’s AI-first approach enables us to create a more mature product suitable for any situation our customers might encounter; delivering fast results efficiently using fewer resources than competitors.
At Orum, we believe it’s necessary to understand our customer’s current context to design an effective solution. That’s why we work closely with them during each phase of the process; combining their knowledge with ours as a team effort towards success. Additionally, thanks to our experienced professionals who regularly attend industry events and keep up on new technologies, our solutions are updated regularly ensuring their relevancy throughout changing market trends or new technological developments. Ultimately what makes us unique is our ability to develop strong software and commit long-term relationships with each customer looking for innovative solutions tailored specifically for their business needs.
What is Orum?
Orum is a revolutionary software solution for the retail industry. It provides a platform for retailers to simplify their operations and enhance customer experience through streamlining processes, automating tasks and connecting relevant back-end systems with customer facing systems. Additionally, Orum also offers a unique suite of analytics that supports higher efficiency and cost saving initiatives.
The main benefit of Orum is its ability to enable retailers to streamline every process from merchandising, marketing, finance and logistics. Orum’s suite of solutions enable retailers to customize product catalogs and stock reconciliation while creating an environment to expedite operational decisions. Orum also provides personalized dashboards that manage various aspects of retail operations including discounts, promotions and inventory levels.
Moreover, Orum allows retailers to access cross-channel analytics such as buying trends, customer behavior and competitive intelligence that helps gain valuable insights into consumer demands. This can help them make more informed decisions when devising strategies based on consumer feedback or shopping preferences. Additionally, with integrated analytics that analyzes this data in real time they can identify problems quickly which helps them act faster on opportunities that arise or issues that need attention to maintain competitiveness in an ever-changing marketplace.
Finally, with features such as intuitive UI/UX design and mobile compatibility-Orum stands out from other software solutions by enabling the retailer’s employees with the tools needed for the job more efficiently with fewer mistakes than before all the while providing customers a unique shopping experience like no other!
How Orum is Different
Orum is a payments platform that helps to speed up interbank transfers and recently raised $56M in funding. Using technology such as distributed ledgers, Orum can quickly move money between banks within minutes or hours, as opposed to the traditional days of completing transfers.
What makes Orum’s solution unique is the way it facilitates these transfers. First, let’s look at how Orum differs from other payment platforms.
Improved Interbank Transfer Speeds
One of the unique advantages of using Orum is the ability to improve interbank transfer speeds, due to its triple-layered network structure and API-driven banking technology. This helps eliminate costly delays and high manual processing costs, enabling banks to offer faster and more cost-effective financial services.
With Orum, interbank transfers will take only a fraction of the time compared to traditional methods. Also, settlement accuracy is improved due to a single source of truth that prevents transactions from going awry. Furthermore, banks have access to an API console to define rules and workflows quickly and easily. With data confidentiality and security features such as avoidance of duplicate payments and prevention of transaction abuses, fast interbank transfers are further guaranteed.
Using the technology provided by Orum gives banks greater visibility into their payments network; enabling them to better track real-time payment activities while automating manual processes such as reconciliation. The result is an optimal global payment landscape that offers improved speed and efficiency while simultaneously reducing regulatory burden on financial institutions.
Automated Compliance Checks
At Orum, we provide an automated compliance solution to streamline processes globally. Our automated compliance check system is novel and provides a comprehensive check with consistency and accuracy on the particular data set. In addition, the automated process checks against regulatory guidelines compared to traditional methods which require manual reviews or extensive testing.
Our unique solution offers analytics-powered capabilities and a one-click machine-learning process for smarter compliance checks. This enhances the customer experience by automating payments authorization, reconciliation and data entry processes with real-time anti-money laundering (AML) compliance checks – reducing computation and manual intervention of compliance officers.
We provide continuous monitoring and active alert features to ensure stringent regulatory guidelines are adhered to, assuring better customer trustworthiness in our services. Targeted monitoring such as customer behavior profiles, risk ratings, suspicious transactions etc., enable more efficient judgment of risks ensuring progressive improvement of regulatory requirements over time. Our solution is designed for scalability offering innovation that guarantees robust data protection throughout all compliance activity lifecycles – at both corporate and individual customer level.
Enhanced Security
Orum is the only system that can provide real-time intrusion detection, alerting and threat intelligence to ensure the highest level of protection. As a result, our cutting-edge technology is trusted by industry leaders and Fortune 500 companies who count on our unique security architecture to secure their data.
With Orum, you can rest assured that your network is safe from malware, phishing, zero-day exploits, and sophisticated attacks such as ransomware and distributed denial of service (DDOS). Our platform monitors every aspect of your business, continuously watching for any attempts at unauthorized access. Any detected suspicious activity will be documented and reported in real time, allowing you to take swift corrective action if necessary.
Orum takes a multilayered approach to security by combining key components such as firewalls, IDS/IPS sensors, and virtual private networks (VPNs). We use advanced authentication mechanisms including user authentication tokens alongside detailed logging capabilities to ensure all attempts at accessing sensitive data are monitored and logged — providing you with total visibility over who has accessed what and when. In addition, we provide AI-driven threat protection powered by continuous analytics that are always running in the background — ensuring your security posture remains at peak performance 24/7.
Orum raises $56M to help speed up interbank transfers
Orum Technologies has recently raised $56M to help speed up inter-bank transfers. This raise has allowed them to create a unique solution for their customers.
Orum can provide faster and more secure payments using their proprietary technology than any other financial institution.
Let’s dive in and discuss how their solution makes them stand out from the competition.
What the Funds Will Be Used For
Orum, a healthcare tech company based in San Francisco, recently secured $56M in venture funds. The company leverages machine learning and artificial intelligence to make healthcare universally accessible. This new funding round will bolster the company’s mission to improve healthcare and increase patient care worldwide.
The funds raised will be used mainly for three primary objectives:
1) Developing a more innovative AI-driven platform
2) Expanding the team by hiring more engineers and medical professionals
3) Integrating new functionalities into existing product lines
Furthermore, the funds will also be utilized in scaling operations globally, and investing in data security tools to ensure patient data protection. Ultimately, the goal is to ensure everyone has access to affordable quality healthcare. This latest funding round will help Orum accelerate its journey toward achieving this objective.
How the Funds Will Help Orum Grow
The recent $56 million funding round of startup Orum, Inc. illustrates the promise of the company’s advanced technology. Funded by venture capital firm Sequoia and tech giants such as Salesforce Ventures, IBM Tech Ventures and Google Ventures, this capital injection is expected to propel Orum’s revolutionary product across multiple industries — including healthcare and transportation — to transform how organizations track assets and streamline workflow processes.
Orum utilizes AI-based cloud computing to quickly assess data from connected devices, such as RFID tracking tags, to provide real-time updates on operations and asset locations. This can be especially helpful for supply chain leaders, who need up-to-the-minute information to better manage inventory levels and more accurately forecast demand. By deploying its fleet of IoT devices that transmit data over a secure network of sensors, customers can count on unprecedented levels of tracking accuracy.
This new valuation should support Orum’s ambitious growth plans in new markets and existing customer verticals across the globe. The funds will likely be used for research & development projects that further refine Orum’s technology and build out its sales team in Europe and Asia Pacific to reach a wider audience with its trusted asset tracking services. By taking advantage of this opportunity to expand their product reach even further while improving their products simultaneously, it’s clear that Orum is positioned for success over the long-term.
Conclusion
In conclusion, Orum’s solution stands out because it is comprehensive, allowing users to manage multiple aspects of their business from one platform – from human resources and payroll to safety compliance, business intelligence analytics, and productivity metrics. It gives businesses the power to make informed decisions quickly, helping them stay ahead of the competition.
With its intuitive user interface, mobile access, and customizable options – such as user-defined dashboards and categories – businesses have the control to make decisions affecting their entire organization.
Orum’s solution helps maximize efficiencies, reduce costs and improve customer experience.
Tech expert fresh from the Australian Coast. Been in the tech industry more than 9 years, as part of a Business Growth Group. His out of office days are 100% for freestyle surfing and waves chasing.
