Finance
Accelirate’s UiPath AI Agent Automates Fraud Detection in Card Services for Fin Org with 100% Accuracy
INDUSTRY: Finance Tags: How Accelirate’s UiPath AI Agent Automation Simplifies Fraud Detection for Fin Org, Delivers Significant ROI with 100% Accuracy in Card Services 657 Hours Saved Annually $19.7K Annual ROI 100% Error Reduction Achieved Client Overview The client is a leading credit union specializing in card services faced inefficiencies in fraud detection due to […]
March 18, 2025
Accelirate’s AI Agents Optimize Trust Fund Validation for Humanitarian Org, Saving $57K ROI
INDUSTRY: Finance Tags: How Accelirate’s Intelligent AI Agents Implementation Transforms Trust Fund Validation for Leading Humanitarian Org, Saving $57K ROI 1,960 Hours Saved Per Year $57,069 Annual Cost Savings 100% Error Reduction Client Overview The client is a leading humanitarian organization focused on delivering food assistance worldwide. The Finance Department faced challenges with time-consuming manual […]
February 28, 2025
Accelirate’s UiPath Mainframe Automation Ensures 100% Compliance for U.S. Research Firm
INDUSTRY: Finance Tags: How Accelirate’s UiPath Mainframe Automation with AI Agents Streamlines Credit Card Validation with 100% Compliance for the U.S. Clinical Research Company 80% Reduction in Manual Hours 100% Error Reduction Achieved Client Overview The client is a leading science and clinical research company in the U.S. It is a global supplier of analytical […]
February 25, 2025
Accelirate’s Agentic Automation Drives $65K ROI in Financial Ops for Leading Humanitarian Org
INDUSTRY: Finance Tags: How Accelirate’s AI-Powered Process Automation Streamlines Financial Reporting for Leading Humanitarian Org, Delivering $65K ROI 3,650 Annual Hours Saved $65K Annual ROI 99% Exception Handling & Error Reduction Client Overview The client is the largest global humanitarian organization dedicated to providing emergency food relief, technical and development assistance. Their financial reporting, particularly […]
February 21, 2025
Accelirate’s Agentic Process Automation Saves Staffing Firm 182 Hrs Annually on Invoicing & Billing
INDUSTRY: Finance Services Tags: How Accelirate’s Agentic Automation Implementation Streamlines Reverse Invoicing and Billing for Staffing Firm, Saving 182 Hrs Annually 182Hrs Saved Annually $2160 ROI 100% Accuracy Achieved Client Overview The client is a leading staffing firm that provides workforce solutions, specializing in placing highly skilled professionals across various industries. Their Billing & Collections […]
February 12, 2025
Accelirate’s MuleSoft Integration Enables Fintech Firm Save $2.5 Million Annually
INDUSTRY: Finance Tags: Accelirate’s MuleSoft Integration Solutions Enable Fintech Firm to Implement BaaS Model, Saving $2.5 Million Annually 85% Reduction in Transaction Processing Time 150% Increase in Transaction Volumes Per Day 20% Enhancement in Customer Satisfaction Scores 25% Cost-Savings Achieved Client Overview The client, a leading financial institution, aimed to innovate and broaden their services […]
May 6, 2024
Accelerating Home Loan Application Processing through MuleSoft Integration with FICO
INDUSTRY: Finance Tags: Accelirate’s MuleSoft and FICO Solutions Result in $500K Annual Savings for Fintech Company in Operational Costs 80% Faster Risk Calculations $500K Annual Operational Savings 40% More Loan Applications Monthly 60% Fewer Data Errors Client Overview The client, a prominent financial services provider, specializes in home loans, catering to diverse customers through digital […]
April 16, 2024
Claim Management with Industrial Process Automation
INDUSTRY: Finance Tags: Overview Claim management needs industrial process automation because it involves individuals or organizations requesting payment for losses, typically financial ones, from insurance companies or relevant entities. It encompasses various steps and offers significant benefits, including cost-saving, reduced processing time, improved accuracy, data analytics, enhanced customer satisfaction, and strategic advantages. Challenges Complexity of […]
April 28, 2023
Enhancing Customer Experience through Financial Process Automation
INDUSTRY: Finance Tags: Overview Of The Company The case study focuses on a major North American financial services institution renowned for its financial, retirement, and investment services expertise. With a vast clientele and extensive operations, the institution’s Client Service Centers handle over 3 million calls annually. Among these calls, approximately 15% pertain to loan and […]
December 2, 2021
Automating Gross to Net Payroll Reconciliation: Streamlining with Payroll Automation
INDUSTRY: Finance Tags: Overview Of The Company The case study centers around the Global Finance Unit of a prominent technology conglomerate operating worldwide. This unit is responsible for processing monthly employee payroll, which previously involved a team of analysts manually reconciling data between the Working File and the Gross to Net File provided by the […]
June 2, 2021
Corporate Payroll Automation: Transforming Payroll Reconciliation Process
INDUSTRY: Finance Tags: Overview Of The Company The case study revolves around a Financial Investment Firm, specifically its Money In the department, responsible for the Corporate Payroll process. Each week, the firm handles the reconciliation of payroll files and requests for payroll deductions to be deposited into 401k accounts for its corporate clients. The traditional […]
September 11, 2020
RPA Implementation Empowers Finance Planning
INDUSTRY: Finance Tags: Overview The Finance Planning Department of an International Retail and Manufacturing Company, along with its subsidiary brands, manages Electronic Data Interchanges (EDIs) received from customers via email, containing purchase order requests.The manual process of auditing, requisition validation, data correction, and Purchase Order (PO) creation was causing delays, errors, and employee fatigue, necessitating […]
June 15, 2020
RPA Implementation Revolutionizes Project Equity Analysis
INDUSTRY: Finance Tags: Overview Accelirate recently transformed a labor-intensive project equity analysis process for a client by RPA implementation. This solution optimizes the entire Equity Investment Report (EIR) process, which involves assessing project ROI and worthiness. Traditionally completed manually by financial analysts, the process was time-consuming and required substantial overtime hours. Accelirate’s RPA implementation automated […]
April 24, 2020
Suspense Processing Automation
INDUSTRY: Finance Tags: A Major Loan Servicing Company is responsible for managing their borrower’s suspense accounts. The suspense account is a catch-all account in which the borrower’s money is stored until the loan servicing firm decides where to allocate the funds. The money in the suspense account can be moved to pay any or all […]
September 26, 2019
Create Credit Disputes: A Customer Service Solution
INDUSTRY: Finance A Fortune 500 Financial Services Company receives more than 200 Credit Dispute Complaints from customers daily. Utilizing a staff of three FTE’s and Four Credit Agents to investigate, action, and respond to each dispute resulted in hours of work daily both within and beyond working hours to appropriately resolve each dispute no more […]
June 10, 2019
Know Your Customer Data Download: RPA Implementation
INDUSTRY: Finance For any company Customer Relationship Management is an integral part of running a profitable business. Being able to quickly update, upload, and download accurate and up-to-date information, for a Financial Service Company especially, is important for monitoring customer risk and alerting agents and customers of possible fraudulent activity on an account. Currently at […]
Default Management: Automating Mortgage Breach Letters
INDUSTRY: Finance Tags: The client’s Default Management Function was broken into four separate business units: Pre-Foreclosure, Foreclosure, Bankruptcy, and Loss Mitigation. Within the Pre-Foreclosure business unit lies an important activity called ‘Breach’ that involves the servicer aggregating all loan data that warrants a Mortgage Breach Letter and compiling that data into a State-specific format that […]
November 28, 2018
Predictive Modeling: A Marketing Solution
INDUSTRY: Finance Tags: Every month the client considers a large group of people who have mortgages to potentially send out offers about refinancing to. Previously, hand-written rules were manually created by subject matter experts to reduce this large pool of potential recipients to a smaller number of borrowers to send offers to. Of these thousands […]
October 30, 2018
A Solution to Default Reporting
INDUSTRY: Finance Fannie Mae provides incentives to loan servicers to provide accurate reporting for all loans under their portfolio. The Electronic Default Reporting Process requires coordinators to go through a report of all Fannie Mae loans in a portfolio, identify if any loans have criteria that would indicate the loan being in an incorrect status. […]
October 24, 2018