Inner Circle Prestige

As a leading Microsoft independent software vendor (ISV), SKsoft is proud to announce that it has been named a part of the 2024/2025 Inner Circle for Microsoft Business Applications! Admittance to the Inner Circle is based on factors like sales performance, customer satisfaction, and technical expertise.ย  The Inner Circle represents the top 1% of Microsoft Business Applications partners globally.ย ย 

This marks another year of SKsoft’s consistent performance, having previously been named to the Inner Circle in 2017, 2018, 2019, 2020/2021, and 2021/2022. Our ongoing commitment to delivering value-driven solutions that are embedded seamlessly with Microsoft Dynamics continues to solidify our position as a trusted partner in the Microsoft ecosystem.  

A Standard of Excellence 

SKsoft attributes its Inner Circle status to maintaining a consistent standard of excellence. From providing our customers with banking expertise to offering unparalleled support, SKsoft champions its clients by delivering solutions that are embedded and intuitive along with products that provide fortified security for customer data.  

SKsoft remains dedicated to empowering finance and treasury teams worldwide with efficient, secure, and automated solutions. The Banking and Treasury Automation Suite continues to provide critical functions such as vendor payment automation, bank statement automation, and accounts receivable automation for Microsoft Dynamics 365 Finance and Supply Chain Management.  

In addition to the plethora of products for D365 F&SCM, SKsoft also offers solutions for Dynamics 365 Business Central including vendor payment automation, positive pay, and bank reconciliation. 

Customer-Centered Operations 

At the heart of SKsoft is customer-centered operations. The software we develop is designed to solve real-world problems that businesses face daily, and there is no other way to discover these pain points other than to engage in direct customer conversation. For SKsoft, it is paramount that we approach our development in this very way. By operating in this mindset, we ensure that we deliver products that address customers’ real needs, NOT supposed wants.  

The aim is to be more than just a solutions provider. The aim is to be a long-term ally in our clients’ financial evolution, committed to their success through innovative, efficient, and secure automation tools. 

About SKsoft 

For 25+ years, SKsoft has pioneered the development of embedded banking and treasury automation software and continues to be a leader in the Microsoft Dynamics 365 channel.  

SKsoft is a premier Microsoft Dynamics ISV, providing solutions and expertise in Banking and Treasury Automation for Microsoft Dynamics 365 Finance and Supply Chain, and Business Central. In addition to embedded software in D365, SKsoft deploys and maintains BankFabric, an application built by developers at SKsoft to provide seamless banking connectivity, so that customers can securely store and transfer files to and from the ERP and their bank.ย ย 

SKsoft Capabilities

Banking Connectivity through BankFabric

Global Fintech Brand Introduces Bankfabric Connectivity and Advanced Treasury Solutions

SK Global, a world leader in embedded banking and treasury automation solutions for Microsoft Dynamics, is excited to announce its transformation into SKsoft, along with updated product offerings. This strategic rebranding marks a significant milestone in the company’s journey toward providing enhanced efficiency for the offices of CFO and treasury through automation and cutting-edge software solutions.

Over the years, the company has built a strong legacy in the Microsoft Reseller Channel, offering a range of banking and treasury automation products and services that have catered to the diverse needs of its clients. Today, with the changing landscape of technology and the emergence of next-generation software solutions, the company is evolving its product line to better serve its customers.

Embracing Next-Generation Solutions

The decision to rebrand is driven by SKsoft’s commitment to staying at the forefront of technology. With the introduction of two new improved product lines โ€“ SKsoft Banking and Treasury Automation Suite for Microsoft D365 Finance & Supply Chain and SKsoft Banking Automation Suite for Microsoft D365 Business Central โ€“ the company is aligning itself with the next generation of Microsoft Dynamics ERP solutions. These powerful platforms will enable SKsoftโ€™s clients to achieve new levels of efficiency and innovation through automation.

Expanding Reach

Sksoftโ€™s evolution is more than just a name change; itโ€™s a strategic shift to a role as a global fintech provider. While the company maintains its strong partnerships with Microsoft and its Dynamics reseller partners, it is now poised to directly engage with a broader customer base via its global banking connectivity solution, Bankfabric, which is designed to work with any ERP or TMS. This expansion allows SKsoft to offer its transformative banking and treasury automation solutions to a wider range of businesses and organizations.

Clarity and Differentiation

Another driving force behind the rebrand is to eliminate confusion with entities sharing similar names in the market. SKsoft aims to provide a distinct and unmistakable identity, ensuring that customers and partners can easily recognize and engage with its brand. The companyโ€™s web address, sksoft.com, has been its corporate website URL since its inception and this will not change.

Positioned for Growth and Innovation as a Global Fintech

“We are enthusiastically ready to announce the evolution of SK Global Software into SKsoft,” said Scott Caudle, CEO of SKsoft. “This rebranding signifies our dedication to providing clarity of our vision and evolution into a global fintech that embraces the latest advancements in solution automation, including AI and low code API integrations, while building upon our legacy as the top global provider of banking and treasury automation solutions in the Microsoft Dynamics space.โ€

SKsoft is committed to ensuring a smooth transition for its customers and partners during this exciting transformation. The company remains steadfast in its mission to empower financial services businesses with software solutions that drive success and efficiency through automation.

For more information about SKsoft and its offerings, please contact us


Manual bank reconciliation can be tedious and time-consuming. Accountants can spend hours logging into the bank and manually downloading and importing the bank statement files. Simultaneously, they have to ensure they donโ€™t miss any bank statements required for reconciliation. Handling all these tasks without automation requires a lot of upkeep by the accounting team. With the rise of automation, bank reconciliation no longer has to be a hassle. In enterprise resource planning systems (ERP) like Microsoft Dynamics Business Central (BC), your accounting team can automate the bank reconciliation process with a trusted solution provider.ย ย 

Using an ERP like Business Central in conjunction with a trusted reconciliation solution provider can significantly save your team time and money spent on the reconciliation process. When integrating automation in your accounting processes, your team can better identify posting errors, match transactions to the ledger, and quickly locate fraud within a dayโ€™s work. Automation can empower teams to think smarter not harder through the following capabilities: 

  • Fully automated end-to-end bank reconciliation

When deploying automation using a solution like SK Globalโ€™s Bank Statement Integration, a bank statement can be automatically imported directly from the bank. From there, transactions can be automatically pulled and categorized from the imported bank statement and automatically matched and posted. Automated solutions like SK Globalโ€™s can identify the errors as you are posting the bank reconciliation journal. Once identified, an accounting team can adeptly address any errors. From there, the bank reconciliation journal will be automatically posted. 

  • Transaction mapping in one place 

Instead of accessing a third-party vendor, Business Central with its robust network of solution vendors lays the foundation for mapping to occur all within the bank reconciliation journal. Accountants no longer have to complete transaction mapping in a third-party solution, which ultimately just creates more problems. Using a third-party solution for transaction mapping would require bringing over all that data back into the ERP, which would lead to data being kept in disparate systems.  

  • Custom data mapping to create missing bank transactions 

Sometimes, the ledger doesnโ€™t include all transactions listed in the bank statement. When this happens, your team needs to have the ability to add in a missing transaction as easily as possible so you can quickly complete the reconciliation process. Finding a solution that completes custom data mapping per your teamโ€™s specifications and automatically adds in those missing transactions will save your team time!  

  • Reconciliation based on your teamโ€™s preferred frequency 

Your accounting team probably has a preference for when you complete your bank reconciliations. Some solutions donโ€™t give you the flexibility to reconcile when your team wants. Thatโ€™s why it is important for you to find a solution vendor that builds onto Business Central and gives you the flexibility to reconcile daily, weekly, or monthly.  

  • Minimized chance of lost data using API connectivity  

Since automated, embedded reconciliation solutions pull bank statements directly from the bank using an API, there is a high chance that your team will have access to all the data needed for reconciliation within the ERP. After the reconciliation is posted, your team will have full access to the posted reconciliation. This will make it easier than ever for your auditing team to find completed, accurate proof of reconciliation for their audit.  

Choosing a reconciliation solution that provides all the bells and whistles needed for a truly automated bank reconciliation process is difficult, especially when you have just moved to an ERP like Microsoft Dynamics Business Central. Within Business Central, there are hundreds of ISVs that handle automation of AP and AR processing.  

Now how do you choose a solution that fits your reconciliation needs when your team has so many options? Typically, when accounting teams are looking for a solution in Microsoft Dynamics Business Central, they look for solutions that are: 

  • Easily embedded within Business Central 

Embeddedness is an essential requirement for many because an embedded solution means more time within one centralized environment and prevents the need to move between disparate systems to collect bank statements and transaction information. An embedded solution increases the automation capabilities within Business Central by bringing external banking information directly into Business Central without the user ever having to leave the Business Central environment.  Users see high data synchronization and minimal chance of sensitive bank account information being leaked to third parties. With direct bank integration, bank files are no longer stored on a desktop but are safely stored in the cloud.  

  • Known for their great customer support

When problems arise, you need quick, easy access to a customer support team. Thatโ€™s why having a great customer support team is an incredibly important requirement for teams looking for an automated reconciliation solution in Business Central. If your team has problems connecting to the bank to get your bank statements, a long wait time for support or lack of response from support can throw off the flow of your accounting teamโ€™s processes and create unnecessary obstacles to completing your bank reconciliation.  

  • Securely connect to banks for streamlined access for bank statements 

Bank connectivity is a critical piece for many end users since an automatic connection to the bank can enable faster, secure downloading of a bank statement and its lines without ever having to leave your Business Central environment. Having a hands-off data transmission through API or SFTP connection will minimize the times your team needs to log into your bank account.  

If youโ€™re looking to learn more about bank reconciliation solutions in Business Central, donโ€™t hesitate to talk to our team at SK Global at sales@sksoft.com. Our team can consult with your accounting team on how we can automate your bank reconciliation processes within Business Central.  

SK Global Software is excited to announce that we will be sponsoring the Directions Conference as an exhibitor. As one of the top-selling Microsoft Business Applications Partners, SK Global Software is looking forward to attending the event with other Microsoft partners. Our team of banking and treasury experts and even our C-Suite executives will be at the annual Directions North America conference in full force.

As a reputable and award-winning Dynamics solution vendor since 1995, SK Global Software is excited to interact with other developers, implementers, technical experts, sales representatives, and executive owner representatives from across the country and beyond. The conference will be an excellent way to build new relationships, exchange ideas, and discover different ways to maximize the benefits of the Dynamics ERP systems.

Stop by Expo F6 to see the SK Global team!

Visit our booth Expo F6 to meet our team ranging from C-Suite Executives, technical experts, sales directors, and marketing managers. Our team will be ready to network, discuss ideas, or answer any questions. Hereโ€™s a list of who you can expect to see at the conference:

  • Scott Caudle, Chief Executive Officer
  • Tim Kahne, Chief Technology Officer, Co-Founder
  • Rick Sandler, Chief Sales Officer, Co-Founder
  • Aynsley Keller, Director of Sales & Operations
  • Kevin Casselman, Software Development Manager
  • Steve Locke, Senior Business Consultant
  • Nathan Strong, Marketing Manager
  • Morgan Peterson, Marketing Associate

Follow us on our LinkedIn and Twitter platforms for updates throughout the conference!

What to Expect from SK Global at Expo F6

Although we have an extensive product line for Dynamics 365 F&O and Dynamics SL, for the Directions Conference, our focus will be on our banking and vendor payment automation solutions for Business Central. New to the market this year, we released our Vendor Payment Automation and Bank Statement Integration modules for Business Central. These solutions are powered by our Banking Integration and Connectivity solution BankFabric.

BankFabric

BankFabric is our banking communications solution that works in conjunction with both our Vendor Payment Automation and Bank Statement Integration solutions to securely transfer payments to your bank. Through SFTP, API, or Web Services connection, BankFabric allows you to achieve seamless communication with the bank to prevent you from ever having to download payment files or log on to a banking portal.

Vendor Payment Automation for Business Central

Our new Vendor Payment Automation module for Business Central enhances standard payment journal processing by allowing you to process multiple types of electronic payments from a single payment journal. With flexible data driven banking entry fields, our solution eliminates the need to customize bank specific format requirements.

Bank Statement Integration for Business Central

Through embedded automation, our bank statement integration module allows you to easily map reconciliation fields for the bank statement data to support an efficient and precise bank reconciliation. Once the initial mapping is complete, you will not need to remap fields for future bank statements. The next time bank transaction data is imported the existing mapping will be utilized and the data will seamlessly appear in your ERP.

Coming soon Settlement Automation!

Ask us about our upcoming roadmap item for Business Central, Settlement Automation!

Visit our booth, Expo F6, to learn more about how our new banking and payment automation modules can achieve a more efficient automation process in Business Central.

Join us for our live presentation at Directions on Secure Bank Integration for Business Central!

ISV 708 – Tuesday April 18, 4:15 PM – 4:45 PM, Poincina A,B & C Secure Bank Integration for Business Central (Powered by BankFabric)

Presenters: Rick Sandler, Chief Sales Officer, Co-Founder & Steve Locke, Senior Business Consultant

Join us for our presentation at Directions on Secure Banking Integration for Business Central. Mark your calendars for Tuesday April 18th from 4:15 PM โ€“ 4:45 PM at Poincina A, B, & C. Our banking integration experts Rick Sandler and Steve Locke will be presenting on our new banking integration and payment automation solutions designed for Business Central. Find out how our solutions achieve secure and seamless bank communications to ease reconciliation and protect vendor payments.

As one of the top-selling business application partners in the Microsoft Dynamics F&O and Dynamics SL Channel, we are excited to expand our product line to the market. We would like to introduce two new software solutions specifically for Business Central – Vendor Payment Automation and Bank Statement Integration.

Introducing Vendor Payment Automation Powered by BankFabric

Our Vendor Payment Automation solution allows you to unify and streamline electronic AP payment processing within Business Central. With Vendor Payment Automation from SK Global, you can process multiple types of electronic payments from a single payment journal without leaving your Business Central environment. Additionally in Standard Business Central, the typical process is to email the vendor prior to generating the payment file. Our new technology reverses and simplifies the process by allowing you to first transmit the payment. Once the bank has confirmed that the payment has no issues, you can then confidently send the remittance advice.

Easily Correct Payment Errors

If a payment contains an error, the void payment feature in our Vendor Payment Automation solution saves significant time. This feature prevents you from needing to post the incorrect payment after itโ€™s been processed. With our solution, you can easily void the payment, correct the error, then resend it to the bank.

Eliminate Additional Configuring and Coding Requirements

With our Vendor Payment Automation module, thereโ€™s no need to waste time, resources, and money on developing or hard coding data into formats. Powered by our banking integration and connectivity solution, BankFabric, our softwareโ€™s flexible data-driven bank entry fields, and its ability to work with most payment types, banks, platforms, and formats eliminates the need to develop bank specific formats.

Secure Banking Integration

BankFabric works in unison with our Vendor Payment Automation solution to securely transfer your payments to the bank. Through seamless connectivity, BankFabric automates the process of transferring payments to the bank preventing you from ever having to download files to your desktop. However, if you need to access a payment file, all of them are stored in Azure making them accessible at any time, with proper user privileges. BankFabric fully eliminates the need to login onto a bankโ€™s website to transmit payments.

Regardless of your company size or banking footprint BankFabric will support you. Our software has the capability to transfer payments to any bank and across any number of legal entities. The BankFabric library has support for over 2400 payment methods across hundreds of banks with multiple bank platforms, APIs, and payment types within those banks. If your bank format is not in our library, we will build it free of charge. Our solution supports many different payment types such as outsourced check printing, ACH, Wires, Purchase Card, and Virtual Pay.

SFTP, API, or Web Service Connectivity

With BankFabric your business can choose between three options to automate and secure the process: SFTP (SSH File Transfer Protocol), APIs, or through Web Services. Companies can choose to deploy one process or can use a mixture of SFTP connectivity and API connectivity. Since SFTP is a popular method that most of the bank’s support, SFTP connection is a favored way for businesses to automate communications. API connectivity is relatively new and will likely be more widespread in the future. APIs use a stream of relevant information to transmit banking data instead of files, making them highly secure. Lastly Web Services are very common in Northern Europe, so this type of connectivity is typically deployed by EU-based customers. Like APIs, it fully automates the banking integration process without using files to transfer data to the bank. For more information on each of these connectivity options check out our recent article.

Introducing Bank Statement Integration Powered by BankFabric

Our other new product offering for Business Central is our Bank Statement Integration module. Bank Statement Integration with SK Global is an embedded user experience within Business Central that enhances and centralizes your reconciliation capabilities. Our new software allows you to connect to your bank via API and feed bank transaction data directly into Business Central for reconciliation. For file based imports, you can easily map reconciliation fields for the bank statement data to support an efficient and more accurate bank reconciliation. Once the initial mapping is complete, you will not have to re-map reconciliation fields for any future bank statements. For future bank statements, the current mapping will be used, and the data will be collected in your ERP effortlessly. Bank Statement Integration makes it simple to reconcile your bank statements whether you do reconciliations daily, weekly, or monthly. It also supports configuration for any bank reconciliation frequency, automation level, matching date tolerance, and format type for each bank account. The files or API based data is seamlessly transferred from your bank through BankFabric.

SK Global Software

With 25+ years of experience in the Dynamics channel, SK Global Software has extensive expertise in creating and implementing solutions that fill the banking, treasury, and financial automation gaps in Microsoft ERP systems. We pride ourselves in having solutions that can scale and work globally across any industry. SK Global is a certified Microsoft business applications partner and all our solutions are approved by Microsoft. Contact us today at sales@sksoft.com to see why businesses that range from small to global enterprise level use SK Global.

If it is a manual process, can files/data be tampered with? With BankFabric, your business can select between three options to automate and secure the process; SFTP, APIs or, through Web Services. ย 

SFTP

SFTP (SSH File Transfer Protocol) is a proven communications technology. It is supported by most banks, enabling automated communications. With SK Globalโ€™s solution you can initiate payments from within either Microsoft Dynamics 365 Finance and Supply Chain or Business Central to the bank. BankFabric eliminates the need to login to a bankโ€™s website. Our solution ensures validation and secure file transfer to any bank and enables automated import of bank data for auto-reconciliation. BankFabric will allocate bank files correctly within your Dynamics F&SC or BC environment, across any number of legal entities. SFTP functionality is built directly into BankFabric which allows you to enjoy a direct Host2Host communication line with the bank.ย 

APIs

While not yet supported by all banks, this will likely prove to be the future means of communication to/from banks!ย  APIs do not rely on files to transmit banking data, but rather just a stream of relevant information. They are highly secure since there is no file that might be left in an unprotected location.ย  APIs are very easily setup and administration is minor. Once the API has been developed between the ERP and the bank, itโ€™s smooth sailing.ย 

Web Services

Web services have been used for a number of years. They do not have widespread adoption and generally have only been supported by banks in Northern Europe.ย  Just as with APIs, Web Services allow for fully automated communications between you and your bank. You will have a tighter integration as Web Services contain both a security certificate exchange, and the exchange of files in the same process. Web Services require more extensive coding to initially develop but are easy to set up and administer.ย ย 

Manual Communicationย 

If you prefer to upload/download bank files manually, this is also supported. You can drop files into BankFabric and still enjoy all the added automation and features within our Banking and Treasury Suite, within Microsoft Dynamics 365 for Finance and Supply Chain.ย 

BankFabric

In a Microsoft Dynamics 365 for Finance and Supply Chain production system there is no access to the underlying virtual machine and external data transfer. With this pain-point in mind, we created the BankFabric solution to provide direct bank communications, file encryption and APIs between your Microsoft Dynamics 365 system and your banks. With BankFabric, you can automatically and securely connect directly to any bank in the world to process and match payments, reconcile statements, handle Direct Debits, and more. BankFabric can be configured for automated bank communications across all legal entities within your Microsoft Dynamics 365 Finance and Supply Chain ERP system, to as many banks as you are working with, globally.ย 

Secure and automate your bank communications and start optimizing essential financial operations activities today!ย 

Call our experts today and hear how you can empower your Accounting Team!ย 

SK Global Software

We are the leading Microsoft Dynamics ISV, providing solutions and expertise around Banking, Treasury, and Payment Automation for Microsoft Dynamics 365 for Finance and Supply Chain. Our Microsoft Dynamics 365 solutions and services help organizations worldwide save time and money by automating key processes, increasing efficiency, and reducing risks.ย 

ย – Microsoft Dynamics Certified ISVย 

ย –ย  Our software serves an extensive customer base world-wideย ย 

Scalable solutions that automate financial processes in any industryย 

ย – Our solutions are used in more than 80 countriesย 

ย – Providing global bank communicationย ย 

Contact us today to learn why companies, small to global enterprises, choose SK Global Software. Call our experts today and hear how you can empower your Accounting Team!ย 

ย SK Global Software EMEA +45.20.61.45.75 US +1.301.963.7300 Sales@sksoft.com www.sksoft.comย