A UK‑based financial technology company providing mobile‑first banking services to small and medium‑sized enterprises faced growing operational strain as its business expanded internationally. Reliance on manual, spreadsheet‑based reconciliations was consuming several hours each day and limiting the team’s ability to focus on investigation, analysis, and higher‑value work.
Operating across multiple jurisdictions added further complexity, with strict data segregation requirements and no automated workflow to manage breaks or escalate issues. As transaction volumes increased, the organisation needed a scalable, cloud‑based reconciliation solution that could support international growth while improving accuracy, control, and auditability.
AutoRek delivered an end‑to‑end automated reconciliation platform across both UK and India operations, providing full visibility, configurable matching logic, and built‑in workflows to streamline reconciliation and reporting across the business.
- 90%+ Reduction In Reconciliation Time: Daily reconciliations reduced from 3–4 hours to just 15 minutes.
- Significant Capacity Released: 173 working days freed up annually for higher‑value activities.
- Single Source Of Truth: Full visibility of balances, FX differences, and unreconciled items across the business.
- Improved Audit And Governance: Automated workflows, case management, and complete audit trails simplify sign‑off and regulatory review.
- Scalable International Operations: Separate UK and India instances ensure data segregation and regulatory compliance while supporting continued growth.