SmartStream, the Transaction Lifecycle Management (TLM®) solutions provider, today announces the launch of version 7 of SmartStream Air, to further control exception handling with advanced cloud-native AI technology. This is an industry first, with AI-based exception management processes that learn from user behaviors; It is designed to help reconcilers focus on other tasks, thus helping companies reduce the costs of managing reconciliations.
SmartStream Air's artificial intelligence for exception handling will automatically populate fields, set up labels and perform automations - all based on learned processes. Additionally, it will be able to provide suggestions to the user or fully automate the process, significantly improving STP rates.
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