We made a visible and
measurable impact to our
client's business
Reduced reconciliation time from 400 hours to 20 hours per cycle
Saved 16,775 man hours annually
Achieved an ROI of
About the Client
A leading financial institution struggling with a time-consuming and error-prone reconciliation process. Their objective was to improve accuracy, reduce manual effort, and increase operational efficiency.
The Problem
The bank's manual reconciliation process was highly inefficient, taking over 400 hours per cycle. Frequent errors delayed financial operations and compromised decision-making. Previous attempts to streamline the process using traditional methods failed due to system limitations and lack of automation.
Our Approach
We implemented a Robotic Process Automation (RPA) solution to automate the reconciliation process. Our bots matched data from bank statements with the Oracle EBS system, eliminating manual effort and improving accuracy. The solution was tailored to the bank’s unique financial workflows, ensuring seamless integration and minimal disruption.
Tech Stacks Used
RPA Platform
Oracle EBS
The Result
- Reconciliation time reduced by 95% (400 hours to 20 hours per cycle)
- ₹2.17 crore ROI achieved
- 16,775 hours saved annually
- Improved financial accuracy and operational efficiency