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Bank Reconciliation for one of the Big 4 Consulting Firms

Industry

Banking, Financial Services and Insurance

Services

Overview

The client is one of the big 4 consulting firms that needed bank reconciliation solution to support the global finance team, dramatically reducing the time required to produce accurate financial reporting.

Challenges

  • Partners in the business were struggling with global finance and corporate IT to deliver on a need to overhaul data, reporting and process
  • Being over budget and behind for more than 12 months, the company needed to accelerate their business initiative

Outcomes

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Quality and resiliency - improved accuracy

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Additional throughput and scale - ability to process more with less people

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Better customer experience - customer has immediate feedback throughout process