AutoRek has announced a strategic collaboration with Capgemini to drive its ambitious growth in financial services.

The new agreement will make Capgemini AutoRek’s first strategic professional services and technology partner.

This partnership will enable AutoRek to stay at the forefront of regulatory changes and reporting requirements for clients.

Capgemini will mobilize its team of experts on AutoRek’s reconciliation solution and provide day-to-day support for implementations.

AutoRek, a Glasgow-based fintech company, offers an award-winning reconciliation and financial data management platform that strengthens finance operations and controls for major institutions across asset management, payments, banking, and insurance sectors.

Through this collaboration, Capgemini will enhance its portfolio with a new go-to-market proposition alongside AutoRek to address the growing market need for real-time cash management and transaction reconciliation.

AutoRek aims to set the benchmark in trust for finance operations and controls.

The partnership with Capgemini is based on a shared vision for modern finance data platforms that deliver significant improvements in efficiency and accuracy.

This collaboration will allow AutoRek to provide clients with complementary consulting and advisory services and expand its international presence quickly.

AutoRek is excited to work closely with like-minded experts dedicated to the needs of financial services.

Companies are under immense pressure to free up cash from their operations.

AutoRek’s innovative reconciliation solution is trusted by some of the world’s leading banks and insurers to optimize their working capital efficiently.

Capgemini is proud to support AutoRek in building on its success and extending its growth internationally.

A report by Capgemini indicates that half of payment executives handle their cash reconciliation process manually.

This common approach involves analyzing large volumes of data through spreadsheets, which is time-consuming and prone to errors, potentially causing payment delays and supplier record discrepancies.

Without consistent and reliable data tracking of spend, teams face obstacles that hinder efficient cash flow management and identification of areas for improvement, leading to poor payment reconciliation.

The intelligent automation of money movement and liquidity reconciliation can revolutionize the process, providing enterprises with the transparency they need for real-time cash forecasting, increasing the value of their working capital, and enhancing their competitiveness in the marketplace.

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