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BACK

80%

Of back office workload automated

40%

Increase in lending capacity

6.9

Days from 15 for application journey

IA ENABLES US TO SPEND MORE QUALITY TIME WITH THE CLIENT AS OPPOSED TO MUNDANE , LOW MARGIN ADMINISTRATION WORK

The impact Robiquity’s robots have had on our business operations is phenomenal. We are able to utilise this form of technology to drive positive outcomes and increase accuracy which is exactly what our adviser customers tell us they want from more2life”

Dave Harris, CEO more2life

The Task

More2Life have seen YoY double digit growth now for several years which has been a fantastic achievement and a tremendously exciting journey to be a part of, however not without the reasonably expected growing pains. One of the challenges M2L face is the time-consuming nature of the various data validation processes, which are critical to lending with the correct level of governance. To achieve this, M2L employ highly skilled compliance specialists who are able to manage risk effectively, however these people are often burdened by the administrative tasks and paperwork meaning time spent on due diligence is under pressure. M2L recognised that as they grow, this problem will simply get worse. To overcome this, M2L decided to look to technology for a solution; Robotic Process Automation looked like it could be a good fit. Robiquity were engaged to deliver Automation as a Service.

Action

Robiquity began by completing an Automation Roadmap Assessment (ARA) which helped define the value that could potentially be derived through automation and the type of opportunities which existed. This allowed Robiquity to make an appropriate technology vendor recommendation. On completion of the Assessment many of our initial questions were answered. Robiquity delivered the outcomes presentation which showed a clear route to ROI and a development roadmap which gave us confidence by de-mystifying the technical jargon and creating a simple plan.

The Result

Over the last twelve-months, this partnership has seen more2llife automate around 80% of its back office servicing processes, improving speed by over 40% by deploying smart robots to tackle time consuming monotonous administrative tasks. This has allowed the lender to deploy the 1,500 man hours saved each month to support the customer facing and processing teams to help improve the time between application, offer and completion. Latest data from more2life shows that it takes on average just 6.9 days to get from application to offer.
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Industries

  • Retail
  • Financial Services
  • Travel
  • Telcos/Utilities
  • Automotive
  • Government & Public Services

Automating for

  • Growth
  • Value
  • Compliance
  • Experience
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  • Case Studies
  • Use Cases

About us

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  • Robiquity X
  • Our Values
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  • Case Studies
  • Use Cases

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  • Microsoft
  • Blueprism
  • UIPath
  • ABBYY
  • Trust Portal
  • XpertRule
  • CX Company
  • Automation Hero
  • OpenDialog

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