The partnership has enabled exponential growth while maintaining lean teams and regulatory compliance
Royal London, one of the UK’s largest mutual life, pensions and investment companies, has transformed its financial operations with AutoRek, the financial control platform trusted by leading global institutions, to replace its legacy data reconciliation systems and support ambitious growth plans.
As Royal London expanded, AutoRek’s platform enabled the organisation to seamlessly transform its financial operations infrastructure. By implementing a unified, scalable reconciliation platform, Royal London has maintained operational efficiency and regulatory compliance while achieving significant growth.
AutoRek’s no-code interface has provided Royal London with automated balance sheet control and data reconciliation capabilities, allowing the organisation to scale from 50 – 80 reconciliations to 100s. The platform has delivered a 50 – 70% reduction in reconciliation workload, maintained lean, self-sufficient finance teams and integrated acquired businesses without additional resources.
By selecting AutoRek, Royal London can continue scaling its operations and achieve new levels of efficiency across consumer and finance operations.
“Modern reconciliation platforms enable finance teams to scale efficiently, transforming finance operations into a strategic enabler for growth. rather than just a compliance exercise.,” said Tony Shek, Global Sales Lead at AutoRek. “Royal London demonstrates how the right reconciliation platform becomes a strategic enabler for growth, transforming finance operations from a constraint into a competitive advantage, rather than just a compliance exercise.”
“AutoRek has fundamentally changed how we operate,” said Chris Copley, Finance Systems Accountant at Royal London. “We’ve created more demanding internal customers because teams that experience good automation want it everywhere. When we onboard a new company or process, the expectation is now ‘make it automated from day one.’ We’ve maintained our small team while supporting massive growth – that simply wouldn’t have been possible with our old approach.”