SmartStream Automates Account Reconciliation in Pact with Genpact

Alastair McGill, head of business development at SmartStream

UK-based transaction lifecycle management system vendor SmartStream has launched an automated account reconciliation tool that could speed up the financial close process by up to 40 percent, according to officials.

The general ledger reconciliation tool, which will be available globally as a pre-packaged module of the vendor's Transaction Lifecycle Management (TLM) Reconciliations-Premium suite, automatically collects account data and uses rules-based technology to allocate information to the

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