Oracle BPEL Process Manager vs. SmartStream Transaction Lifecycle Management

We found it to be most useful when developing workflows based on several disparate applications. Our end user reporting was, frankly, disorganized and there was no apparent logic system to how the process ought to function. As we had made the move to adopt Oracle and its suite of programs as our standard, it made cross functionality/integration very easy for our IT development team as well.

Incentivized

TLM will be well suited for an organization's recon requirements. If the organization is able to afford the software, it will be worth investing the amount. The support for heterogeneous file formats is one of the key features. It can accept swift and flat files. The config screens for ingesting the data are very user-friendly. Overall the time taken for setting up a new recon is very less. TLM can be improved if they bring in some AI/ML algorithms for improved match rates.

Incentivized

• Very user friendly and easy to use. The drop and drop feature makes it a breeze to create different system operations.
• Integration with other Oracle applications is a cinch and the visibility into IT is also very accessible.
• Much faster development time, especially when writing a process from scratch.

Incentivized

• Matching Rules are easy to implement
• Dashboards are user friendly and customizable
• Supports multiple file formats for easy data ingestion

Incentivized

• We used cross reference tables frequently at my company which is currently not supported through Oracle BPEL. Adding this functionality would be very beneficial.

Incentivized

• Data Archival
• AI and Machine Learning for better match rate
• Better reporting capabilities

Incentivized

Excel was used as a traditional recon tool using macros for matching. There is no room to scale up the recons using excel. The recons are cumbersome and take a lot of time to complete. There are more chances of manual errors. No UI to create a good user experience. Overall all negatives compared to TLM

Incentivized

• Reporting time decreased in many cases by up to several hours as much of what we had been doing was manual or time consuming.
• Reports themselves were faster based on the application processes we developed as well as the end user retrieval of said reports.

Incentivized

• Recons completed within SLA's
• Improved match rates
• User friendly dashboards

Incentivized