The Challenge
I-MED Radiology Network has set ambitious growth targets so the company partnered with Innovior to identify non-scalable processes, especially in finance. In one case, three staff spent their full working days performing bank reconciliations.
The Process
Innovior utilised Intelligent Automation services to create a reconciliation process that pulls together the required information from multiple systems and sources. The reconciliation is now carried out during the night by the automated process, with near real-time data available to the team at the start of each working day.
The Benefits
87% reduction
in workload
Massive improvement
in accuracy
Out-of-hours
processing
Near real-time cash
receipt information