Case Study: a prominent advisory, tax, and assurance consulting firm streamlines REIT compliance with BP3 Global Intelligent Automation

a prominent advisory, tax, and assurance consulting firm streamlines REIT compliance testing with BP3 Global, automating 150+ spreadsheets and improving accuracy

The customer, a prominent advisory, tax, and assurance consulting firm, faced a lengthy and complex REIT compliance testing process that relied on manually consolidating data from over 150 spreadsheets. They engaged vendor BP3 Global to implement an Intelligent Automation solution to streamline this challenge.

BP3 Global implemented Intelligent Automation, which combined robotics and a cognitive decision service using Natural Language Processing (NLP) and a Convolutional Neural Network to automate the testing and account classification process. The solution saved a significant amount of time, enhanced accuracy and reporting, and created a system that improves as it gains exposure to more data, allowing the firm to scale its REIT practice.