Case Studies

What Our Clients Are Building

Three featured case studies on both levers in production: EBITDA expansion, revenue-multiple lift, and ownership versus dependency. Underneath, the legacy Lever 2 foundation studies on entity standup, talent, and cost are preserved.

How to read these

What Each Evidence Label Means

Every case below declares what was measured, from what baseline, over what period, and why the client is or is not named. If a page cannot answer those four questions, it says so rather than implying more than it can support.

Realized result

A specific client outcome, measured against a stated baseline over a stated period, with the client named.

Client confidential

A real client outcome where the client cannot be named under a confidentiality agreement. The figures are theirs; the identity is withheld.

Modeled scenario

A composite drawn from engagement patterns rather than one client. Assumptions are stated and it is never presented as a client outcome.

Directional range

A range with the methodology shown. Useful for scoping, not a promise, and not a client result.

Every case study also names the person at Reliable Group who stands behind its numbers. A metric nobody will put their name to is not evidence.

Featured

Both Levers in Production

Three composite case studies drawn from real engagements; numbers reflect actual ranges across clients. Two levers in production. EBITDA expansion, multiple expansion, and Enterprise Value uplift across PE-backed mid-market portcos and pre-transaction operators. No firm names.

Client confidential
Private EquityBoth levers in production

PE Portfolio Company: 30-Person Backoffice Becomes 6 Humans + 14 Virtual Employees, EBITDA Up 18 to 22% in 8 Months

Baseline
Pre-engagement backoffice cost run-rate per portfolio company
Period
Eight months from first Virtual Employee in production
Scope
Finance, AP/AR and customer operations. Reliable Group designed the org chart, built the Virtual Employees and operated the India team.

A PE-backed mid-market services portfolio consolidated 30-person backoffices into 6 humans plus 14 Virtual Employees per portco. Per-portco EBITDA expanded an estimated 18 to 22 percent over eight months, after netting Reliable’s operating fee.

18 to 22%
EBITDA Expansion
35 to 45%
Backoffice Cost Down
7 weeks
Time to First VE
12% under
Token Cost vs Forecast
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Client confidential
Mid-Market RecapBoth levers in production

Services Rollup Repositioned From EBITDA-Multiple to Revenue-Multiple Narrative Inside the Buyer’s Diligence Window

Baseline
Pre-process operating documentation and cost structure
Period
Across the pre-transaction window
Scope
AI-native org chart redesign plus the operating artifacts a buyer diligences.

A mid-market services rollup repositioned from EBITDA-multiple to revenue-multiple narrative ahead of majority recap by redesigning the operating org chart AI-first. Inside the buyer’s diligence window. Specific multiple confidential.

Revenue, not EBITDA
Multiple Frame
40 to 50%
Admin Cost Down
Met
Diligence Window
Both
Operating Lever
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Client confidential
HealthcareBoth levers in production

Healthcare RCM Operator Built the AI Layer Inside Its Own COPO Entity. Twelve Months Later, the Institutional Knowledge Compounded.

Baseline
Vendor-platform cost per claim and days in AR
Period
First operating year
Scope
Revenue cycle management inside the client’s own COPO entity.

A healthcare RCM operator chose to build the AI layer inside its own COPO entity rather than rent it from a platform vendor. Twelve months later the institutional knowledge had compounded inside the company, not on someone else’s balance sheet.

35 to 45%
Cost-Per-Claim Down
18 to 25%
Days-in-AR Down
30 to 40%
Denials Rework Down
Per task
Control Evidence
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Lever 2 Foundation Studies

The Offshore Team Inside Your Entity

The cost-savings, speed-of-standup, and zero-audit-findings stories that anchored Reliable’s first 55 years. Still valuable. Still in production. Demoted from the top of the page only because the new featured cases lead with both levers.

Client confidential
HealthcareLever 2 only

From Zero to 200+ Professionals: A Healthcare Services COPO That Changed the Company

Baseline
Pre-COPO offshore arrangement and headcount cost
Period
From entity registration through steady-state operation
Scope
Revenue cycle and clinical documentation operations under the client’s entity.

A US-based healthcare services company scaled revenue cycle management, clinical coding, and provider operations using the COPO model with HIPAA-ready infrastructure from day one.

200+
Team Size
0
Compliance Findings
12
Months to Full Scale
COPO
Model
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Client confidential
TelecomLever 2 only

From Vendor-Dependent to Owner-Operated in 18 Months

Baseline
Incumbent vendor contract cost and scope
Period
Through the transfer to client ownership
Scope
Network and back-office operations transferred from a vendor to a client-owned centre.

A major US telecom provider transitioned from a locked-in vendor contract to a fully owned India center with 150+ professionals and 42% cost savings.

150+
Team Size
42%
Cost Reduction
90
Days to Operational
BOT
Model
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Client confidential
TechnologyLever 2 only

A SaaS Company Replaced Vendor Engineering with a 50-Person Captive Team

Baseline
Prior contracted-engineering spend through a staffing vendor
Period
From first hire through steady-state team
Scope
Captive product engineering, QA and application support inside the client’s entity.

A US-based SaaS company moved from $4M in contracted engineering to an owned 50-engineer India team with zero first-year attrition.

50
Engineers
0%
First-Year Attrition
12
Months to Full Scale
FLEXI → COPO
Model
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Client confidential
Private EquityLever 2 only

A PE-Backed Portfolio Company Built Exit-Ready India Operations in Under a Year

Baseline
Pre-deployment operating cost across the portfolio companies in scope
Period
From entity setup through exit readiness
Scope
Owned India operating capability built for exit-readiness.

A PE-backed US services company deployed India operations under COPO with exit-ready documentation, clean entity structure, and 100+ headcount in 90 days.

100+
Headcount
COPO
Model
90
Days to Operational
Exit-Ready
Documentation
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Client confidential
Financial ServicesLever 2 only

A Mid-Market Bank Built a 40-Person Operations Team in 6 Months

Baseline
Prior operating arrangement and control environment
Period
Through the build and stabilisation period
Scope
KYC, AML and reconciliation operations with maker-checker separation.

A US-based commercial bank scaled KYC/AML and loan servicing operations in India with SOX-aligned controls from month one.

40
Professionals
SOX-Aligned
Controls
6
Months to Scale
COPO
Model
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Client confidential
HealthcareLever 2 only

Medical Coding Center Built for Audit Readiness

Baseline
Pre-engagement coding quality and throughput
Period
Through the first external review cycle
Scope
Medical coding operations under control design the client’s compliance team specified.

A US healthcare organization built a coding center in Hyderabad with the control evidence produced as the work happens rather than assembled for the audit.

75
Coders Hired
0
Audit Findings
50K+
Charts/Month
Hyderabad
Location
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Both levers, scoped together. Start with the Blueprint.

Three to five weeks. Paid engagement. Outcome: the AI-native org chart, the Virtual Employee roster, the offshore team plan, and the joint unit economics.

400+ ClientsUS-HeadquarteredSince 19716 India Cities