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Automated Data Conversion & Migration leveraging RPA

Industry

Banking, Financial Services and Insurance

Services

RPA

Overview

The client is one of the top 20 Accounting & Consulting firm. ACL Digital developed an automated solution for the data migration leveraging an RPA foundation.

Challenges

  • Difficulty in migrating to a new Audit platform
  • Traditional approach would have required over 5000-man hours
  • Typical data conversation from old platform (which is closed) to the new platform requires manual processing of each Audit file for for thousands of clients
  • Needed a faster and more robust approach not dependent on human interaction of each audit file and related documentation 

Outcomes

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Pre RPA-Scenario

  • 50+ FTEs processing audit file and other docs
  • Too many human errors
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Post RPA Scenario

  • Automate systems integration
  • FTE reduction for manual activities
  • 100% accuracy rate