Increases productivity, control and visibility at the core of the financial close process
TLM® Balance Sheet Substantiation creates a unified, automated platform for daily, monthly and quarterly reconciliations. Reconciliations at both the account balance and transaction level, are combined with balance sheet substantiation (account certification) through workflow for account ownership assignment, distribution of reconciliation results, exception management, approvals, sign-offs and reporting. At every stage of the process, TLM Balance Sheet Substantiation provides full visibility of all actions and activities to CFOs, controllers, reconcilers and auditors.
More than 70 of the top 100 global banks, and a wide range of corporations in many industries, rely on SmartStream for their enterprise reconciliation platforms. TLM Balance Sheet Substantiation delivers the marketleading functionality relied upon by the world’s largest institutions and corporations, and the scalability they depend on for their global operations.
Automation and control through TLM Balance Sheet Substantiation bring the productivity improvement, process consistency and visibility, and shortened cycle time that CFOs and controllers seek for their financial close.