Securing America's Largest Federal Expenditure
And ensuring that America's social safety net is delivering the right benefits to the right Americans at the right time
The Identification Challenge
Government agencies face a critical gap in their ability to identify individuals' total income across multiple sources and platforms for benefits' eligibility
$200B+ Annual Waste
Known overpayments in government benefits exceed $200 billion annually - and that's just what certain Federal agencies can track - we see a path to a much larger total*
Error uploading image.
SteadyIQ Solution
Our revolutionary platform utilizes patented technology to both identify AND verify total income, making benefit administration more accurate and efficient
*Excludes many non-reporting agencies and programs and doesn't include sizable "unknown" overpayments.
$280B+ in Potential Annual Taxpayer Savings
Loading...
The Right Benefits… to the Right People… at the Right Time
>17% Decrease in Total Program Costs
In a recent state agency deployment, SteadyIQ's total view of income dramatically improved benefits administration accuracy
>93% Reduction in Manual Review Time
Proven administrative savings of $100+ per case processed, a reduction well over 90% versus current administrative costs
30x Faster Processing
Case review time reduced from 30-60 minutes to just 1-2 minutes, dramatically reducing backlogs and accelerating benefits for eligible recipients
Cost of Inaction: Over $280B Lost Per Year
Federal agencies are losing unprecedented amounts due to poor income verification systems
$175+ Billion in "Known" Loss
In 2023, federal agencies reported $175 billion in "known" overpayments - and that's just from 14 of 22 required reporting agencies and just from "known" sources of overpayments - we know the # is much larger
Unknown Income Sources
Traditional verification misses crucial income sources like contract work, rental income from platforms like Airbnb, family contributions, and investment income
>$280B in Nationwide Taxpayer Savings Opportunity
Our state-level implementation shows an extrapolated 17% in total program spend based on identifying unknown income, while eligible applicants received benefits faster
Critical Gap in Benefits Administration
Limited Income Capture
Traditional verification methods only capture a fraction of income; some W-2, very little 1099 work income and no non-work related income such as interest, short-term rental income, contributions and much more
The Rise of 1099 Work
A significant portion of the American workforce now earns 1099 income, which is almost entirely unobtainable through standard verification processes
High Costs Incomplete Results
Manual verification is expensive and time-consuming, leading to significant budgetary strain and inaccurate benefit delivery
Unaccounted Income
A substantial portion of income that should be verified remains unaccounted for, resulting in potential program abuse and inefficiencies
Our Solution: AI-Powered Total Income Identification & Verification
SteadyIQ revolutionizes income verification for government benefit programs
Our solution uses patented AI and machine learning trained on billions of transactions to accurately & efficiently Identify and Verify Total Income from all sources, eliminating manual process and erasing fraud
Automated Data Collection
Our platform seamlessly integrates with multiple data sources, including traditional & digital deposit accounts, digital wallets, credit cards, paystubs, and more, to gather comprehensive income data
AI-Driven Analytics
Our advanced and patented AI algorithms analyze vast datasets to identify patterns, anomalies, and potential fraud, providing accurate and reliable income verification results
Unprecedented Data Intelligence
SteadyIQ's data models are trained on an unparalleled dataset of 3B+ enriched transactions covering millions of Americans, providing a comprehensive view of income patterns
Our advanced patented AI models are trained specifically on non-standard income patterns, ensuring accurate identification of income sources for all individuals
SteadyIQ has partnered with numerous state agencies, validating our technology and demonstrating its real-world impact
We accurately analyze all income types including W2, 1099, child support, family support, interest income, rental income, and much more
Enterprise-Grade Security & Compliance
SOC 2 Type 2 Certified
SteadyIQ undergoes rigorous annual audits by independent third-party auditors to ensure the highest level of security and compliance
Bank-Level Encryption
All data is encrypted using industry-standard encryption algorithms, providing a secure and protected environment for sensitive information
Federal & State Compliance
SteadyIQ is designed to meet the specific requirements of federal and state regulations, ensuring seamless integration with existing systems
Secure API Integration
Our secure API allows for seamless integration with various agency systems, enabling efficient data exchange while maintaining the highest level of security
Technology Leadership
SteadyIQ's innovation is driven by a team of experienced technologists who are passionate about using cutting-edge AI and machine learning to solve complex problems in government benefits administration
Our team has a proven track record of developing and deploying innovative solutions that improve accuracy, efficiency, and equity in government programs
Patent-Protected Innovation
1
Innovative & Patented Technology
SteadyIQ holds 9 issued patents with 13 pending patent applications
This robust intellectual property portfolio protects our cutting-edge technology and ensures our competitive advantage
2
Core Technology Innovations
Our core technology innovations span multiple critical areas, including transaction analysis and categorization, fraud pattern detection, income source identification, behavioral analysis, and financial data enrichment
Advanced AI/ML Capabilities
99.9% Accuracy
Our proprietary models deliver unmatched accuracy in transaction classification, ensuring reliable and trustworthy income verification
Real-Time Fraud Detection
Our AI algorithms constantly monitor for suspicious patterns, preventing fraud and protecting government funds
Automated Anomaly Identification
Our system automatically identifies inconsistencies and anomalies in income data, ensuring the integrity of verification results
Rapid Agency Implementation
SteadyIQ deploys quickly and seamlessly, minimizing disruption to your agency operations
Our expert team handles all aspects of implementation, from initial assessment to user training and ongoing support
Streamlined Integration
1
API-first Architecture
Our API-first architecture allows for seamless integration with existing agency systems and platforms
2
Flexible Deployment Options
We offer flexible deployment options to fit your agency's specific needs, whether it's on-premises, in the cloud, or a hybrid approach
3
Integration with Existing Systems
Our system integrates with various agency platforms, including case management systems, data warehouses, and identity management systems
4
Rapid Deployment
Our experienced implementation team can typically deploy SteadyIQ within 60 days, enabling you to see results quickly
Technical Specifications
Cloud-Native Design
Our platform is built on a cloud-native architecture for scalability, reliability, and security
End-to-End Encryption
Data is encrypted at all stages of the process, ensuring the highest level of privacy and confidentiality
Flexible Integration
Our platform integrates seamlessly with existing agency systems through REST APIs, batch processing, and real-time webhooks
Deployment Flexibility
We offer various deployment models, including cloud-hosted SaaS, on-premises options, and hybrid deployments
Market Leadership & Validation
SteadyIQ has earned the trust of numerous state agencies nationwide
We are deploying with more and more state partners, with others beginning to line up for our innovative solution
Our impact extends across crucial programs like Medicaid, SNAP, TANF, CHIP and so many others
We've analyzed over 3 billion data points and studied the income patterns of millions of Americans, delivering proven results and earning partnerships with leading state agencies
Processing Time Reduction
Average 90% reduction in processing time
Manual Verification Elimination
90%+ reduction in manual verification needs
Immediate Return on Investment
Payback period is instant with no implementation fees
Cost Savings Per Case
Proven administrative savings of $100+ per case processed
Act Now!
Schedule a demo today and learn how SteadyIQ can:
- Reduce your verification costs by 90%+
- Contribute towards hundreds of billions in annual taxpayer savings
- Streamline your benefits administration
- Ensure compliance and program integrity
Get Started Identifying & Verifying Total Income Today
Schedule a Demo
Contact us to learn how SteadyIQ can transform your benefits administration
Start Your Journey
Take the first step towards eliminating improper payments and strengthening program integrity
Reach Out
Reach out today to discuss your specific needs and explore a tailored solution