Today's reality is large volumes of data in various non-standard formats and structures, which are either still checked using Excel spreadsheets or these tasks are not performed at all.
SmartStream (the originator of the Corona or Aurora reconciliation solution) has an really extensive experience in reconciling large data sets for banks around the world, decided to reflect the current global trend - the use of artificial intelligence (AI) tools to speed up, simplify and refine the matching of different data.
Artificial intelligence behind SmartStream Air compares data sets, gradually learns and improves based on the results, user behavior. For the customer, the use of AI also means saving time, costs and human resources, transparent TCO and fast ROI. Learn more.
The Bohemia Energy Group, the leading alternative supplier of electricity and gas in the Czech Republic, has decided to replace several electronic and internet banking platforms with the implementation of the Payment Factory on the MultiCash® platform with a connection to the DB Connector. As a result, one common platform for communication with banks and internal systems is now utilized.
The project provides easier administration, automation of most common activities, a high level of security and a reduction in helpdesk and staff training requirements.
Čepro, a.s., one of the most important entities in the field of storage, transportation and sale of petroleum products in the Czech Republic, has chosen the MultiCash® Transfer solution for automatic processing and downloading of bank accounts statements.
From 1.1.2021, the SCT / SDD rules applicable to transactions from / to jurisdictions outside the EEA will apply to SCT / SDD transactions with the United Kingdom.
Due to the approaching date of 1 January 2021, we would like to draw your attention to the fact that your bank may reject SEPA payment or direct debit orders sent to the United Kingdom from that date due to the missing address of the payee / payer or BIC of the payee / payer's bank.
During the pandemic, we help the tourism and hospitality sector to remain competitive in the form of special offers for our payment and cash management solutions. Alcron Hotel Prague has successfully implemented our splitter module for sorting of bank statements.