RPA Streamlines HUD Reporting and Loan Onboarding for Reverse Mortgage Company, Saving $600K Annually and processing 60K+ transactions quarterly.
Project Highlights
The client engaged us to automate key operational processes and enhance regulatory compliance through Robotic Process Automation (RPA). Facing challenges with manual data entry, slow processing times, and strict regulatory reporting requirements, the client needed a solution to streamline workflows and reduce errors. By implementing UiPath-based RPA bots, we automated data transfers, regulatory packet generation, and loan onboarding processes – enabling faster, more accurate operations and delivering significant cost savings and compliance improvements.
Benefits
- Scaled Automation: Deployed 51 RPA Bots in production over three years, automating key processes across the organization.
- Significant Cost Savings: Achieved approximately $600,000 in annual cost savings through automation of manual tasks.
- High Transaction Throughput: Automated Bots process around 60,000 transactions every quarter, supporting large-scale operations.
- Operational Efficiency: Reduced manual data entry and streamlined complex workflows, freeing up staff for higher-value activities.
- Regulatory Compliance: Ensured timely and consistent compliance with industry regulations through automated, auditable processes.
