Fresh off nearly a decade at Capgemini Government Solutions, Wash100 Award winner Bill Webner joined Summit Technology Consulting Group in June. However, that venture has, with Webner’s help, now rebranded, transforming into the new Allocore.
We were excited to catch up with this accomplished executive to learn about the new company, what it offers and the software and technology specialties that make it stand out in the crowded market of, for example, artificial intelligence.
Webner also discussed how to get a product from early gestation to acquisition and creation and highlighted some specific Allocore products you should be excited about.
GovCon Wire: Introduce our audience to your new venture. What are its main objectives and how do you and your team plan to accomplish them?
Bill Webner: Allocore, previously known as Summit Technology Consulting Group, specializes in powering government loans, grants and fraud prevention programs with a unified platform focused on efficiency and security. With trillions in loans and grants processed and billions in fraud prevented, our cloud-based platform streamlines everything from loan origination and servicing to grant management and fraud detection, ensuring fast, accurate outcomes for complex government programs. Led by former banking and capital market executives, we bring private-sector precision to the public sector.
GCW: When we last spoke a year ago, you highlighted the promising nature of artificial intelligence in government but noted barriers like infrastructure, ownership and culture challenges, including “complex ethical and legal considerations.” What’s changed since then and how is your new organization harnessing AI?
Webner: At Allocore, we’re embracing AI by focusing on responsible and effective innovations, particularly in fraud detection and prevention. Our AI Co-Pilot tool works alongside users to quickly identify anomalies and potential issues, allowing faster intervention. One of our latest enhancements addresses name mismatches, reducing costly errors and fraud.
GCW: What is the differentiator of the Summit Group in the software realm?
Webner: Allocore stands out by adapting commercial banking technology to fit the unique needs of the public sector. Our modular platform adjusts to various use cases, while our comprehensive fraud prevention tools work seamlessly with multiple partners. We combine automation, real-time data optimization and AI-driven fraud detection to deliver accurate, secure and scalable solutions, demonstrated through programs like the Paycheck Protection Program, or PPP, and the Restaurant Revitalization Fund, a.k.a. RRF.
GCW: What’s the most challenging aspect of transitioning from research and development and prototyping to actually fielding a new technology, and what solution would you propose for this challenge?
Webner: Moving from R&D to full deployment can be challenging due to funding, resource needs, market readiness and demand. A clear transition plan with detailed timelines, resources and risk management is essential. Engaging stakeholders and securing adaptable funding early also helps, as does thorough market research to understand user needs.