Northern Ireland Social Security selects AutoRek for Cheque Reconciliation
AutoRek, the market leading provider of cash management solutions for both the private and public sector is delighted to announce that Northern Ireland Social Security Agency (SSA) has selected the AutoRek reconciliation solution.
The SSA will use AutoRek to automate the verification and reconciliation of its 35,000 weekly cheque payments. The SSA delivers its services to the people of Northern Ireland and additionally to several districts in London on behalf of the Department for Work and Pensions.
Benefit cheques are issued from various departments including Job Seekers, Child Support, Disability and Winter Fuel allowance which upon payment need to be processed, reconciled and eventually settled with the payment facility (e.g. Post Office, Bank etc). Cashed cheques are scanned into AutoRek’s document management database and matched to the issued cheque data. High volume scanning supports a minimum of 200 documents per minute and allows users to drill down from the transaction details to the scanned cheque image.
“We are delighted that the Northern Ireland Social Security Agency has chosen to implement AutoRek to help improve their reconciliation process “commented AutoRek’s Managing Director, Gordon McHarg. “The SSA is a significant public sector win for AutoRek and further enhances our growing reputation as a leader in reconciliation solutions.”
“By using AutoRek, the SSA will be replacing expensive legacy processes with an up to date solution allowing them to automate reconciliations, rapidly identify exceptions, significantly reduce costs and meet targets for efficient government.”
New Edinburgh Office
High profile client wins - with organisations such as Lloyds TSB, Standard Life, Cigna Healthcare, Clerical Medical- have led us to expand the size of our UK team, resulting in the demand for more office space.
Lindsay Renton, Marketing Manager at AutoRek said: "The move to additional premises on the East coast reflects our strong performance. In the past year our growth has been phenomenal. Our success is in part due to the strength of our existing relationships with clients and also our reputation in the UK marketplace as a leading provider of financial and business management software. But it is more than that.Our huge growth also reflects the determination, expertise and professionalism of our staff. We are excited about our new office in Edinburgh it allows us to strengthen client relations and support our partnerships- Enabling us to continue to expand in the future."
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AutoRek specialises in the development and application of transaction reconciliation, debt management and business intelligence software. AutoRek’s suite of financial and business management software solutions provide companies and public sector organisations with rapid, automated solutions to key operational problems such as reconciliation and debt management. Together, AutoRek solutions can help your organisation to gain the business agility needed to survive and thrive.
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