List of AutoRek Customers
Glasgow, G1 1RE,
United Kingdom
Since 2010, our global team of researchers has been studying AutoRek customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased AutoRek for Financial Consolidation and Close from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using AutoRek for Financial Consolidation and Close include: Nationwide Building Society, a United Kingdom based Banking and Financial Services organisation with 22042 employees and revenues of $6.74 billion, Beazley, a United Kingdom based Insurance organisation with 1965 employees and revenues of $4.34 billion, Thermo Fisher Scientific - UK, a United Kingdom based Life Sciences organisation with 7000 employees and revenues of $2.00 billion, Bank of England, a United Kingdom based Banking and Financial Services organisation with 5392 employees and revenues of $1.30 billion, AJ Bell, a United Kingdom based Banking and Financial Services organisation with 1065 employees and revenues of $196.0 million and many others.
Contact us if you need a completed and verified list of companies using AutoRek, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The AutoRek customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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AJ Bell | Banking and Financial Services | 1065 | $196M | United Kingdom | AutoRek | AutoRek | Financial Consolidation and Close | 2017 | n/a |
In 2017 AJ Bell implemented AutoRek as a Financial Consolidation and Close initiative to establish a centralized reconciliations engine for AJ Bell Securities Ltd in Royal Tunbridge Wells. The project was led by the Senior Reconciliations Administrator who served as the primary administrative lead and requirements owner for the implementation. The deployment focused on operationalizing automated reconciliation workflows and end user support within the finance control environment.
AutoRek was configured and validated through an end user test system built from scratch, where existing reconciliations were loaded and executed to confirm functional behavior. Configuration work included building reconciliation templates, scheduling and automation of matching processes, and exception handling workflows consistent with Financial Consolidation and Close functional practices. The test environment was used to refine rules and user access before promotion to the live system to ensure production readiness.
Integrations were explicitly scoped with systems in use, including Figaro and Microsoft Office to support data inputs, exception analysis, and reporting exports. The implementation included a cutover process that migrated tested reconciliation sets into the live AutoRek instance for day to day use by the reconciliations team. Operational coverage centered on the reconciliations function within the securities team at the Royal Tunbridge Wells site.
Governance and rollout were structured around iterative requirements gathering, daily project team conference calls, and weekly progress reports into senior management. Training of the existing reconciliations team was delivered as part of the go live, and the Senior Reconciliations Administrator remained the designated point of contact for ongoing queries and operational support. The AutoRek implementation was validated in test to perform as expected prior to live migration.
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Bank of England | Banking and Financial Services | 5392 | $1.3B | United Kingdom | AutoRek | AutoRek | Financial Consolidation and Close | 2020 | n/a |
In 2020 the Bank of England implemented AutoRek as its Financial Consolidation and Close application to automate reconciliation workflows across finance and operations. The program was scoped as a two phase project, positioning a centralized reconciliation platform to handle daily and monthly reconciliation tasks and to provide a single control point for treasury, payments and operational finance reconciliations.
AutoRek was configured to deliver transaction level matching, automated exception handling and user configured dashboarding, aligning with standard reconciliation engine and exception workflow capabilities expected in the Financial Consolidation and Close category. The implementation emphasized a combination of matching automation, configurable business rules and automation tools to reduce manual reconciliation effort and to surface process insights.
Deployment architecture focused on a centralized platform model, with AutoRek serving as the primary data management and controls layer for reconciliations and regulatory reporting support provided by the vendor's RegTech platform. Operational coverage explicitly included finance and operations teams within the Bank of England, consolidating daily and monthly processes onto a single system to standardize workflows and reporting.
Governance and rollout were organized around the two phase approach, enabling staged adoption across business functions and the introduction of user configured dashboards and automation in iterative releases. Expected benefits stated by the Bank and vendor included enhanced control, accurate transaction level matching to mitigate risk, improved process insights and operational efficiencies as AutoRek moved into the implementation phase.
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Beazley | Insurance | 1965 | $4.3B | United Kingdom | AutoRek | AutoRek | Financial Consolidation and Close | 2018 | n/a |
In 2018 Beazley implemented AutoRek to centralize group accounting controls and support Financial Consolidation and Close across its UK listed group. The AutoRek deployment was positioned to support statutory and management consolidation workflows and to bring greater consistency to month end and year end close activities across group companies.
AutoRek was configured to handle core consolidation processing, intercompany reconciliation and matching, bank and other balance sheet reconciliations, and consolidated reporting used in the preparation of subsidiary statutory financial statements. Configuration emphasized reconciliation ownership, an auditable workflow for validation and approvals, and a consolidation engine to process eliminations and group adjustments consistent with Financial Consolidation and Close practices.
The implementation integrated with on-premise financial source systems referenced by Beazley, specifically Agresso and FDM, to ingest general ledger and subledger balances and to reconcile investment and intercompany positions. Operational users included accounting and consolidation teams, with day to day bookkeeping and reconciliation tasks executed in AutoRek as part of monthly close and interim and year end reporting cycles, and outputs used in liaison with auditors and third parties to resolve queries.
Governance around the AutoRek rollout included defined reconciliation ownership, documented close procedures, and incremental process improvements managed by the finance team. The program supported routine reconciliations, intercompany workflows, and statutory statement preparation while maintaining an audit trail and control points required for group reporting.
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Insurance | 1579 | $160M | United Kingdom | AutoRek | AutoRek | Financial Consolidation and Close | 2018 | n/a |
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Professional Services | 141 | $14M | United Kingdom | AutoRek | AutoRek | Financial Consolidation and Close | 2018 | n/a |
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Banking and Financial Services | 70 | $10M | United Kingdom | AutoRek | AutoRek | Financial Consolidation and Close | 2018 | n/a |
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Banking and Financial Services | 22042 | $6.7B | United Kingdom | AutoRek | AutoRek | Financial Consolidation and Close | 2020 | n/a |
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Life Sciences | 7000 | $2.0B | United Kingdom | AutoRek | AutoRek | Financial Consolidation and Close | 2020 | n/a |
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Buyer Intent: Companies Evaluating AutoRek
- Pt Trustees Ltd, a United Kingdom based Banking and Financial Services organization with 11 Employees
- Farmfoods, a United Kingdom based Retail company with 4971 Employees
- Vietnam Prosperity Joint-Stock Commercial Bank, a Vietnam based Banking and Financial Services organization with 27363 Employees
Discover Software Buyers actively Evaluating Enterprise Applications
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