Please note: This is a Sole Source Notification. Specifications include, but are not limited to: Services will include/provide the following: SKSoft Treasury Automation Suite - is a software solution designed to streamline and automate treasury management processes for organizations. Here are some of the key features and functionalities typically offered by SKSoft Treasury Automation Suite: Cash Management: The software provides tools for managing cash flows, including forecasting, liquidity management, and monitoring of bank balances. It helps treasury professionals optimize cash positions and ensure sufficient liquidity to meet operational needs. Bank Connectivity: SKSoft Treasury Automation Suite facilitates connectivity with multiple banks, allowing for efficient communication and integration of banking transactions. It may support various communication protocols and formats to enable seamless data exchange with banking partners. Payments and Receipts: The software enables automation of payment and receipt processes, including electronic funds transfers (EFTs), wire transfers, and automated clearing house (ACH) transactions. It helps streamline payment initiation, approval workflows, and reconciliation of bank statements. Risk Management: SKSoft Treasury Automation Suite includes features for identifying, assessing, and managing financial risks such as currency risk, interest rate risk, and credit risk. It may offer tools for hedging, exposure management, and compliance with regulatory requirements...
