Intelligent Automation for Efficient Payment Investigation Process

Intelligent Automation for Efficient Payment Investigation Process

A leading bank catering to millions of customers and numerous banking services across 160 countries had their payments investigation operations outsourced, but they were not happy with the services provided. Their service provider’s high FTE based pricing model was inefficient, lacked automation and digitization, resulted in poor performance, non-conformance of various laws and even impacted their relationship with their clients.

To combat the efficiency issues and to tackle the high costs, efforts, increase in processing time and the client partnered with Hexaware. The client signed a deal for the transformation roadmap of their payment investigation process with improved business performance and enhanced efficiency.

The transformation model’s highlights were

  • Lean and mean model for intelligent process automation
  • Bots for modernization of the payment investigation process
  • Cost saving intelligent automation backed approach
  • Upfront benefits from day1 of engagement converting to 7.9M$ savings, etc.

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