Case Study: The Nottingham Building Society achieves daily bank reconciliation with Aurum Solutions

The Nottingham Building Society - Customer Case Study

The Nottingham Building Society, an award-winning building society, faced challenges in managing its complex bank statement reconciliations due to increasing manual workarounds in its legacy system. Seeking a more effective solution to enhance financial controls, they selected Aurum Solutions for its cost-effective and flexible reconciliation platform.

Aurum Solutions implemented a powerful three-way reconciliation process, enabling daily reconciliation of thousands of transactions from multiple sources and bank accounts. This provided The Nottingham with a full bank reconciliation on the first day of the month, improved financial risk management, and greater operational flexibility. The vendor’s consultative approach and efficient project delivery ensured a smooth migration and successful outcome.

The Nottingham Building Society

Eddie Inskip

Financial Systems and Forecasting Manager