Royal London, a leading UK mutual life insurance and pensions provider, faced significant operational challenges with an end-of-life internal reconciliation tool and time-consuming, manual balance sheet control processes. As the business expanded through acquisitions, legacy systems and scaling limitations created bottlenecks, preventing growth. They needed a market-proven, scalable solution to automate controls and integrate new businesses without increasing headcount.
AutoRek replaced Royal London’s internal tool, delivering a market-led platform for automated balance sheet control and bank reconciliations.
- Reconciliation Workload Reduction: Achieved a 50-70% reduction in reconciliation workload through automation.
- Scalability and Growth: Maintained a lean finance team despite significant business growth and seamless integration of acquired businesses.
- Self-Service Capabilities: Finance teams gained self-sufficiency to build new reconciliations using the no-code interface.
- Digital Workflows: Replaced manual signoffs with automated workflows and a complete audit trail.
View our Royal London Case Study