LONDON, Oct 12 (Bernama-BUSINESS WIRE) — SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces the launch of SmartStream Air version 7 – to further control exceptions management using advanced cloud-native AI technology. This is a first in the industry, with AI exceptions management processes learning from user behaviours; it is designed to help reconcilers focus on other tasks, which in turn helps businesses reduce costs when managing their reconciliations.
SmartStream Air’s AI for exceptions management will populate fields automatically, set labels, and run automations – all based on the processes it has learned. In addition, it will be able to provide suggestions to the user or fully automate the process – significantly improving STP rates.