Reconciliations & Digital Payments
As the market-leading reconciliation software solution provider, SmartStream understands the transaction matching, exceptions and investigations needs of institutions regardless of size, processes, or lines of business.
Whether firms are looking to replace inflexible legacy systems, build an internal processing utility, utilise SaaS or outsource the entire transaction processing operation, SmartStream offers a range of financial reconciliation solutions based on our innovative and award-winning TLM technology that delivers:
- More efficient operations, replacing multiple point solutions and eliminating silos with a single strategic reconciliations platform
- Higher levels of STP through the industry’s leading automated match rates
- Reduced operational risk by automating manual and paper-based systems to create proactive and exceptions-based transaction lifecycle processing
- Rapid on-boarding of reconciliations without compromising on the accuracy of match results
- More cost-effective operations with the ability to manage higher transaction volumes with a lower headcount
- Greater visibility into reconciliations and outstanding positions by taking a pre-emptive approach to managing exceptions as they occur throughout the lifecycle
- Improved Return on Investment (ROI) by migrating existing and new reconciliations onto the TLM platform
- Enhanced customer service as reconciliations evolves from data matching function into a value-added exception investigation and resolution resource
