TLM (Transaction Lifecycle Management) will initially be piloted with a key account and then offered to other Gecis customers to manage their reconciliation and exception management processes for all types of transactions. TLM WebConnect, a thin client web browser, will be deployed for their clients to access the system world wide.

Commenting on the purchase, Mohit Bhatia, Senior, VP Finance, Gecis, explained, “We look forward to the deployment of TLM which will help us achieve standardization across reconciliation and exception management processes. We continue to focus on our mission to be the best business-process service provider in the world helping customers become more productive by performing a wide range of business processes at high quality and low cost, enabling our customers to focus on their core competencies.”

Remarking on the new customer signing, Martin Brown, CEO, SmartStream, stated “We are absolutely delighted that Gecis have selected SmartStream’s TLM solution. This agreement further demonstrates our reputation as a trusted technology partner delivering scalable solutions to leading global firms by deploying TLM to manage and control operational risk.”