Overview
The customer is a UK-based 36+ billion-dollar multinational company and also one of the largest professional service firms in the world.
Challenges
- Lack of standard process for all financial audits.
- Manual effort needed to read bank balances from multiple sources.
- Data received from various sources including Excel, PDF, website, etc.
Outcomes
Quality and resiliency – improved accuracy
Additional throughput and scale – ability to process more with less people
Better customer experience – customer gets immediate feedback throughout process
300% reduced reconciliation time
Increase in reconciliation speed and efficiency