A top tier global restructure firm, Hays Financial Consulting, was retained to dig into a complex receivership with hundreds of accounts from dozens of financial institutions with hundreds of thousands of transactions. The client previously spent over a million dollars in professional fees only to get a “we couldn’t find anything.”
The complex nature of the flow of funds made put the case out of reach for any firm using traditional OCR extraction and analysis. In a few days with Valid8, Greg Hays was able to accomplish what a top tier global restructuring firm with unlimited resources could not.
Greg Hays, a Federal Equity Receiver, and former president of NAFER, offered to help. He secured 40 bank statement files that contained dozens of accounts, thousands of account periods with hundreds of thousands of transactions. Since the client had already spent a lot of money on the prior engagement, they had no appetite for another big professional service fee, so Greg turned to Valid8.
In this 30-minute session, see how Valid8 eliminates data prep and administrative tasks for your next case.
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