Case Study: Stonegate Group achieves 50% higher match rates with Aurum Solutions

Stonegate Group - Customer Case Study

Stonegate Group, a large UK pub company, faced a challenge in efficiently processing thousands of daily financial transactions. Their semi-automated reconciliation process required extensive manual work, leading to a high workload and potential for error. They partnered with Aurum Solutions to implement its automated reconciliation tool, seeking simplicity and accuracy.

Aurum Solutions implemented its software in phases, starting with banking and cashier reconciliation, then treasury, and finally control processes. The solution automated data import and matching, featuring a user-friendly dashboard. The result was a nearly 50% increase in automatic match rates to 85%, saving four hours daily and being adopted by three departments. Stonegate Group now benefits from easier reconciliation and greater data visibility thanks to Aurum.

Stonegate Group

Dave Ross

Chief Financial Officer