Additionally, it takes away the demand for firms to hold out expensive and time-consuming tasks to redesign the technical architecture of theirs. Product manager, SmartStream: Roland Brandli said, "Imagine working with a virtual operations staff that never sleeps, continuously comparing and fixing. Having a complex reconciliations solution working completely entails access, cost, and effort to experienced IT staff members. At times, it could be appealing to allow maintenance problems slide and not maintaining a continuous eye on such matters may be unsafe. If matching rules aren't reviewed and reconfigured frequently, matching rates will probably reduce. Investigating these may involve hiring extra operations staff members and impose added expense". Transaction Service Life-cycle Management (TML) Aurora Digital Payments Control solution is the new module created to work with SmartStream.

It also takes away the need for firms to carry out time-consuming and expensive projects to redesign their technical architecture. Roland Brandli, Product Manager, SmartStream, states: "Imagine having a virtual operations team that never sleeps, constantly comparing and fixing. Having a sophisticated reconciliations solution working perfectly entails effort, cost and access to skilled IT staff. Sometimes, it can be tempting to let maintenance issues slide and not keeping a constant eye on such matters can be risky. If matching rules are not reviewed and reconfigured regularly, matching rates are likely to decrease. Investigating these can involve hiring extra operations staff and impose added expense". The new module is designed to work with SmartStream's TLM Aurora Digital Payments Control solution. The module is easy to deploy, providing a speedy and convenient boost to efficiency for managing reconciliations daily.

It also takes away the need for firms to carry out time-consuming and expensive projects to redesign their technical architecture. Roland Brandli, Product Manager, SmartStream, states: "Imagine having a virtual operations team that never sleeps, constantly comparing and fixing. Having a sophisticated reconciliations solution working perfectly entails effort, cost and access to skilled IT staff. Sometimes, it can be tempting to let maintenance issues slide and not keeping a constant eye on such matters can be risky. If matching rules are not reviewed and reconfigured regularly, matching rates are likely to decrease. Investigating these can involve hiring extra operations staff and impose added expense".