Process Automation

INDUSTRY: Manufacturing Tags: How Accelirate’s Payroll Automation System Delivers an 80% Reduction in Manual Labor for a Leading Manufacturing Company 80% Reduction in Manual Labor 100% End-to-End Automation of Payroll Tasks Client Overview The client is a leading manufacturing company with a Shared Services division responsible for managing payroll across multiple plants and locations, both […]

Case Studies August 26, 2024

Process Automation BLOG Process Automation Success Metrics: What to Track and Why Mitesh Naiksatam | February 27, 2024 CHAPTER LISTINGS Introduction Driving Factors for Automation (The Key KPI) Other Benefits Key Practices to Measure the Success of Any Automation The Driving Factor Behind Automation Other Success Metrics The Future & Sustainability  Adaptation to Changing Needs […]

Insights February 27, 2024

How Intelligent Automation Is Transforming The BFSI Industry Intelligent Process Automation is scarcely reachable today. Being abundantly available to multiple verticals of different industries, it is now being harnessed by every sector. AI (Artificial Intelligence) and RPA (Robotic Process Automation) solutions are known for making a concrete impact on the BFSI side of business. This […]

Insights December 1, 2023

Process automation is a field that is & always will be subject to constant evolution. Organizations constantly seek ways to automate business processes to improve efficiency and enhance productivity. Two key approaches that have gained prominence in this pursuit are workflow automation and process automation. While these terms often are used interchangeably, it is crucial […]

Insights September 1, 2023

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 […]

Case Studies April 28, 2023

I often have conversations with customers who have started Intelligent Document Processing projects as a part of their RPA practice, and a common thread that has emerged is a general discontentment with the Straight Through Processing rate of transaction processing. Just to be clear, straight through processing refers to transactions that do not require a […]

Case Studies September 9, 2022

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 […]

Case Studies December 2, 2021

INDUSTRY: Real Estate Tags: Overview Of The Company: The case study revolves around an RPA Real Estate and Construction Client that leveraged RPA (Robotic Process Automation) to transform its employee onboarding process. The company’s HR Department handles the onboarding process, including setting up new accounts in Microsoft Exchange and 365, and determining the necessary product […]

Case Studies

INDUSTRY: Manufacturing Tags: Overview Of The Company The Accounting Unit of a Large Manufacturing Company plays a crucial role in creating a weekly financial status report, showcasing quarterly and year-to-date orders, shipments, backlog, and shippable backlog. This report serves as a vital tool for monitoring the company’s deferred revenue and is regularly reviewed by the […]

Case Studies June 3, 2021

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 […]

Case Studies June 2, 2021

INDUSTRY: Education Tags: Overview Of The Company: The case study revolves around an online education client and its Document Processing team. This team receives documents attached to custom objects in Salesforce, which need to be processed, formatted, and uploaded to a legacy system. With hundreds of processors involved, the manual processing task is time-consuming and […]

Case Studies

INDUSTRY: Oil and Gas Tags: Overview Of The Company The case study revolves around the joint venture accounting department of a major oil and gas company. Their primary task involves comparing open-cost items (ventures) with SAP data to determine which department expenses are complete and need to be closed. An automated logistics system was crucial […]

Case Studies

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 […]

Case Studies September 11, 2020

INDUSTRY: Retail Tags: Overview The International Fashion Company conducts two annual fashion shows, allowing its employees to purchase showcased merchandise. However, this process involves handoffs between six groups, creating limited transparency and potential order errors. Accelirate overcame this challenge and streamlined this complex procedure, ensuring the fulfillment of all employee orders. Challenges Several challenges plagued […]

Case Studies July 9, 2020

INDUSTRY: Manufacturing Tags: Overview Of The Company The Accounts Payable Department of a prominent manufacturing company handles the crucial task of locating and uploading incoming invoices into their SAP system. Currently, this process is highly manual, consuming a significant portion of the AP team’s time, especially during peak periods when it can account for up […]

Case Studies April 24, 2020

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 […]

Case Studies September 26, 2019

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 […]

Case Studies November 28, 2018