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Reconciliations vendor SmartStream has added several enterprise-wide capabilities to the latest release of its TLM Exception Management solution, officials say.
The new version includes new features to ease the managing of processes, provide step-by-step operations capabilities and alert functionality across the front-to-back-office.
The new functionality is already in use within SmartStream’s Reference Data Utility (RDU), according to a company statement. The updated TLM Exception Management solution will interface with SmartStream’s solutions as well as other third-party products, the statement says.
The task management portion of the new features “enables users to follow a sequence of consistent and well-defined actions enabling them to resolve exceptions in a matter of minutes,” the statement says, and the new alert functionality will notify users and supervisors when certain actions need to be taken.
“We have developed solutions in partnership with our clients, adopting their requests and enhancing the solution accordingly,” says Darryl Twiggs, executive vice president, product management at SmartStream, in a statement. “This partnership approach is something we thrive on, and it allows us to better understand our clients’ thinking and their strategic direction.
Need a Reprint?- Read More:
- SmartStream,
- automating reconciliation,
- compliance,
- data management,
- exception management,
- operations,
- reconciliation
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