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Client: A large financial services company
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Business Area: Large Client Specialty Benefits
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Opportunity: Large Client team had recently implemented a new
disability claims tracking and reporting process for a specific (and key)
client, and that client was concerned about errors within the process
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Findings: In the first two months, there were 30% errors — 60 issues, out
of 200 claims processed — the client had reported the problems a
number of times, and they were quite frustrated
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Results:
- 2-day Workout approach identified the causes of the errors; got buy-in
from vendor and customer to needed changes on both sides
- After 30-day implementation, error rate was below 2%