Healing the Reconciliation Headache for Global Healthcare Providers

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BACKGROUND

A leading medical imaging provider in Australia, operating across multiple cities and regional centers, processes thousands of cheque payments and remittance documents every month from Public Healthcare system and clients.

Despite having ERP and third-party billing systems in place, cheque validation and remittance reconciliation remained largely manual, which normally leads to discrepancies in payment receipts. Staff reviewed cheque images, verified remittance data, cross-checked records in external systems, and manually updated financial data, which was prone to errors.

With strict corporate governance and audit requirements, the organization required a secure, scalable, enterprise-grade automation platform.
 
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CHALLENGES

  • Data Security because of strict health data compliances
  • High volume of cheque and remittance documents across locations
  • Manual cross-verification with third-party billing systems to check discrepancies 
  • Reconciliation delays and ERP posting backlogs
  • Operational strain during month-end settlement cycles
  • Limited audit traceability and compliance exposure
  • Lack of Dashboard to check payment and reconciliation details
  • Clients’ information Dashboard to help operation teams to claim Payment online and over the phone from Public healthcare systems like Medicare in Australia & Canada, NHS in UK and so on.
 

THE SOLUTION: BANK CHECKS & REMITTANCE AUTOMATION

The organization deployed AIUN’s Enterprise Bank Checks & Remittance Automation Platform — an enterprise workflow automation solution built for speed, accuracy, compliance and scalable financial operations.

This implementation extended beyond OCR by integrating AI extraction, rule-based validation, automated reconciliation, exception-only review workflows, and audit-ready logging.
 

KEY CAPABILITIES

  • AI-Powered Data Extraction with contextual validation
  • Rule-Based Reconciliation Engine
  • Exception-Only Review Workflow
  • Secure Integration with ERP and billing systems
  • End-to-End Audit Logging
  • Enhanced Dashboard for easy tracking of Payment Discrepancies

IMPLEMENTATION APPROACH 

  • On-premise Solution Deployment for complete data security
  • Process assessment and workflow mapping
  • Secure integration with ERP and third-party systems
  • AI model configuration for cheque and remittance formats
  • Phased rollout completed within 12 weeks without disruption

STRATEGIC IMPACT

By implementing AIUN’s automation platform, the provider transformed bank Checks and remittances handling from a manual cost center into a scalable automation engine.
  • Faster revenue recognition
  • Improved cash flow visibility
  • Elimination of Payment Discrepancies
  • Strengthened compliance posture
  • Operational resilience during volume spikes
  • Audit-ready financial workflows
 

BUSINESS OUTCOMES

Metric Before Automation After AIUN Deployment
Processing Time 7–10 minutes per transaction <1.5 minutes
Manual Data Entry 100% <8%
Reconciliation Errors Frequent mismatches Reduced by 65%
Month-End Backlogs Recurring Eliminated
Scalability Headcount dependent Volume scalable without hiring


FUTURE OUTLOOK

AIUN’s enterprise-grade automation platform will deliver measurable improvements in operational speed, data accuracy and compliance control to healthcare, retail, manufacturing, banking, insurance and other industries. 

CONTACT RAY BUSINESS TECHNOLOGIES

About Ray Business Technologies

Ray Business Technologies is a Global Information Technology (IT) Services and Solutions company. We are a CMMI Level 3 company, providing cutting-edge IT Solutions to Enterprises worldwide, enabling them to utilize available resources effectively and manage the operations. Our excellent team of Technology Professionals work with enterprise clients in North America, Latin America, Australia, Europe, Middle East and Asia.

www.raybiztech.com

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