This patent validates our ‘secret sauce’ and substantiates the claims we’ve been making since introducing this game-changing platform more than two years ago.
(PRWEB) December 10, 2014
Versaic announced it has been awarded a patent that covers key elements of the company’s technology. Versaic’s unique Platform as a Service (PaaS) approach gives the company a distinct advantage over competitive offerings and makes it possible for Versaic to deliver a broad range of features and functionality to clients who use Versaic software to manage their grants, donations and sponsorship programs.
Burt Cummings, CEO of Versaic, said, “This patent validates our ‘secret sauce’ and substantiates the claims we’ve been making since introducing this game-changing platform more than two years ago. Before we delivered this solution, organizations had to choose between fast – out of the box, one size fits all – or customized –what you want but costly to maintain. With Versaic, there’s no trade-off. We’re fast and flexible and this patent underscores exactly why we’re able to do something that no other company has been able to pull off.”
Underlying Versaic’s software is a distinct combination of technical features that delivers flexibility and customizability and can be implemented quickly. At a high level, the patent covers the key mechanisms and design Versaic uses to provide rapid customization around features such as submitter navigation and proposal evaluation, workflows such as routing and approvals, and impact measurement and reporting, to name a few. Using Versaic’s advanced capabilities, clients can automatically route submissions to exactly the right recipients, collect precisely the right data to evaluate proposals, create customized feedback and evaluation surveys to measure the impact of programs, and run their internal processes exactly the way they want to.
Versaic is the only online solution for grants, sponsorships and donation management that works precisely the way clients want. With Versaic’s flexible software and market expertise, clients save time, gain insights, increase their impact and build their brands. Versaic’s clients include many of the most influential brand leaders among the Fortune 500. For more information, visit versaic.com.