The Clear Group selects AutoRek to support digital transformation

The Clear Group has selected leading software provider AutoRek to drive efficiency across its business by automating some key operational processes. This latest investment in technology and data is a key part of Clear’s growth strategy and will enhance the client journey.

The new partnership will enable the broker to become more tech-driven – a key pillar of its growth strategy.

AutoRek helps financial services firms improve control of their data and save time and costs through intelligent automation. It provides a self-contained financial and operational reconciliation solution to eliminate manual processes, perform matching and analyse breaks.

AutoRek will now work with Clear to help drive digital transformation by automating its insurer statement reconciliation processes. This will enhance efficiency, improve financial controls, reduce revenue write-offs, protect margins, and provide Clear with real-time MI and reporting.

Clear will deploy the latest version of AutoRek V6.9 using its fully managed Azure SaaS platform.

Jenna Hylton, Group Finance Operations Director, from the Clear Group: ‘Clear is committed to investing in technology and data to support our exciting growth strategy. The AutoRek solution will help simplify our processes saving time and enabling us to refocus our efforts on building for the future.’

AutoRek’s Insurance Lead Piers Williams commented: “It’s great to be working with Clear, helping them overcome the complex data challenges associated with the insurer statement reconciliation process.

“We look forward to working closely with Clear to make this process much simpler, as we have with many similar insurance organisations.”