Company Overview
A publicly-traded enterprise healthcare company based in Texas provides in-home, mobile, and virtual healthcare services. With 68 NetSuite users across more than 30 subsidiaries, they required robust financial automation to manage their complex organizational structure.
Manual ZBA Processing Burden
The finance team was spending significant time each day manually processing Zero Balance Account (ZBA) transactions across their 30+ subsidiaries. This manual process was not only time-consuming but also prone to errors and inconsistencies.
With the complexity of managing multiple subsidiaries, each with their own banking relationships, the team needed an automated solution that could handle the intricacies of their financial structure while maintaining accuracy and compliance.
Automated ZBA Processing
Opal Creek implemented a comprehensive ZBA automation solution that transformed their daily banking operations. The solution included automated bank file imports, intelligent transaction matching, and streamlined reconciliation workflows.
Key Deliverables
- Automated ZBA transaction import and processing
- Multi-subsidiary bank file handling
- Intelligent transaction matching algorithms
- Automated journal entry creation
- Exception handling and notification system
- Comprehensive audit trail and reporting
“The automation has completely transformed our daily banking operations. What used to take 30 minutes now happens automatically.”
— Finance Director, Finance
Measurable Time Savings
The ZBA automation solution delivered immediate and measurable results, freeing up the finance team to focus on higher-value activities and strategic initiatives.
