Case Study: Leading Bank achieves 95% reduction in PPP payment reporting time with Eleviant Tech

PPP Loan Payment Reporting Automated using Bots

A Texas-based bank managing roughly $970M in assets needed to submit periodic PPP payment reports to the Federal Reserve for about 33 loan pools. The manual workflow—classification, balance calculations, validation against pledged reports, report preparation and email distribution—took 6–8 hours per run, was highly repetitive, and caused data-quality and reporting inconsistencies.

Impiger implemented an RPA solution to automate loan-pool classification, validation, payment-report generation and email delivery. The bots cut manual effort by 95%, reduced data errors by 95%, and slashed turnaround from ~8 hours to about 5 minutes (≈80x faster), while providing exception notifications and weekly automated submissions to the Federal Reserve.