SK Global Software is a software development company, known for bringing valuable enhancement to the Microsoft Dynamics channel. Our primary focus is global banking and treasury automation. This year, we have earned the membership 2019/2020 Inner Circle for Microsoft Business Applications for the third consecutive year.

This makes us again part of a prestigious group of the most valuable strategic Microsoft partners around the world. The Inner Circle is the top 1% of all the Microsoft business applications partners worldwide. Members have proved themselves by offering valuable and innovative solutions that help organizations become more successful.

Inner Circle members have performed to a high standard of excellence. This by delivering valuable solutions that help organizations achieve increased success.

“Each year we recognize Microsoft Business Applications partners from around the world for delivering innovation and driving unsurpassed customer success” said Cecilia Flombaum, Microsoft Business Applications Lead.

“Our Inner Circle members are chosen based on their business performance as well as capabilities as an organization, whether that’s creating IP, developing solutions, or having an industry-leading focus on digital transformation.

About SK Global Software

SK Global Software is a Microsoft Dynamics ISV offering specialized Add-in Solutions for the Microsoft Dynamics 365 / Dynamics AX ERP platforms. Our Solutions cover more than 10 unique modules within our Banking and Treasury Automation Suite.

With additional consulting expertise from more than 1600 implementations globally. We are certain that we can help you automate and empower your organisation’s Accounting, Finance and Treasury Teams.

Our modules cover the following, globally and across any number of legal entities:

Vendor Payment Automation
Bank Statement Automation
Advanced Cash Application
Direct Debit Automation + Mandate Automation
PositivePay
Bank Communications Hub
In-House Banking
Payment Factory Automation
FX Automation (FX All)
Credit Card Advantage
ePay Advantage
AP Automation/Invoice Workflow (ExFlow)

All the above is facilitated by our Global Bank Communications Hub (also known as FileHub), enabling direct and secure communication between your Microsoft Dynamics ERP system with ANY bank in the world, fully supported and maintained by SK Global Software.

Offering a fully certified Microsoft Dynamics ISV Solution for more than 20 years, and supporting more than 1600 companies worldwide. We are sure that we can help you automate and improve your processing of financial transactions across AP, AR, global Bank Communication, Credit Card handling, Automated Matching of Transactions and much more.

Become part of a global ISV team – Specializing in Banking & Treasury Automation for Microsoft Dynamics 365/Dynamics AX

Do you thrive in a fast-paced working environment, and do you enjoy being in demand, providing value to clients? If you would like to join a team where your input and experience matters, now is a great opportunity.

SK Global Software is a well-recognized Microsoft Dynamics ISV providing solutions and expertise within Banking, Cash Management, and Treasury Automation for Microsoft Dynamics customers world-wide.

Please submit resumes to CAREERS@SKSOFT.COM

Job Description

As an SK Global Senior Business Consultant, you will use your expertise around Banking and Finance in Microsoft Dynamics 365 and Microsoft Dynamics AX to help lead and guide our customers through the planning and implementation stages of our Banking and Treasury Automation Suite for Microsoft Dynamics AX/D365.

You will be part of our overall Services Team, working with some of the largest Microsoft Dynamics AX implementations in the world. You will have plenty of opportunities to work on both local and international projects.

Your expertise will be needed around presales activities, implementations, project management, product support, as well as providing input and feedback to our Product Development Team to constantly improve our solutions.

As a Consultant, you will be working closely with the Services Team, the Product Development Team, Support Team and Sales. You will be reporting to our Services Manager/Director of Sales & Marketing. You will take over direct customer engagements that need immediate attention in our US Market.

Your Profile

Personality matters. You are a driven person, capable of working independently and one who will not sit around and wait for instructions. In other words, you are a self-starter who loves challenges.

We are looking for an individual with at least 2-3 years’ working experience with Microsoft Dynamics AX/D365 Financials areas, either as a Consultant or as an End-user. We will train you within our solutions, and do not require experience with specific Banking or Treasury systems.

Experience with one or several of the following areas of Microsoft Dynamics AX Financials is a plus;

General Ledger
Accounts Payable/Vendor Payments
Accounts Receivables/Customer Payments and Collections
Bank Statement, Reconciliation and Closing Period experience.
Bank & Cash management, incl. Bank Communication
Dynamics 365 or Dynamics AX 2012

Are you importing Bank Statements manually?
Are you forced to match transactions manually?
Looking for increased Bank Statement automation?
Do you wish there was an easier way to process bank statements, automatically match and post transactions in Microsoft Dynamics 365?

With more than 1,500 Microsoft Dynamics Customers relying on our solutions and +20 years in the making we can help you automate your Bank Statement Processing significantly.

Key Features

Let’s get to the point.

Our solution offers functionality above and beyond what comes “out of the box” in Standard Microsoft Dynamics 365.

Here is a Quick Overview of Key Features in our Bank Statement Automation module:

Importing Bank Statement Files

Import and Process Electronic Bank Statements automatically.
Process and automate across any number of legal entities.
Process and automate across any number of bank accounts.
Supports importing from all banks, and any Bank Statement Format.

→ For instance; MT940, ISO20022, BAI2, and more.

Enjoy our Bank Statement Monitor for an overview of all imported (or missing) bank statement files.

Processing Bank Statement Files

Bank Statement Files Are Created Automatically.
Match and map each transaction line between your Bank Statement and your Microsoft Dynamic 365 ERP data based on rules setup.
Intelligent Matching and Posting Rules will post missing transactions automatically.

→ Match Vendor Payments and Direct Debit Collections.

→ Automatic Posting of missing GL transactions with Financial Dimensions.

→ Automatic Posting to different bank accounts (Sweeps), with Financial Dimensions.

→ Intelligent Matching of Inbound Payments to Customer Invoices.

→ Takes specific customer agreements into consideration (Discounts, Grace Days, Overpayment, Underpayment, etc.)

And then some…

Easily installed and configured – Built for and within Dynamics 365.
Get a Daily and Instant “Matching Hit Rate” of all imported Bank Statements and Transactions.
Keep increasing your Matching Hit Rate and Automation as you become more confident with the matching rules.
Leverage Advanced Matching Rules, configurable to support your business and individual customer agreements.
Intelligent Analyzer Function – Do you receive PDF’s or Excel Documents from your customers, specifying what has been paid? Simply drop the data into our search field and let the system match ALL transactions automatically!

Read: 15 Reasons to Automate – Banking Automation Suite

Any bank, Any Format, Any Payment Standard

With SKsoft’s Banking and Treasury Automation Suite, you are guaranteed that your Microsoft Dynamcis AX and Microsoft Dynamics 365 Operations ERP system is directly and easily connected to your bank, and as many banks as you are working with.

We help smaller companies connect to their local bank, and also major cooperation requiring integrations to numerous banks in countries around the world.

You need a trusted solution and partner who speaks and understand Banking

While format and communication standards across banks and regions are generally advancing, the banking sector is still highly fragmented, with many different platforms and local payment standards and regulations to consider.

As you expand your business, you want to ensure that you can run your business smoothly regardless of such regulations and obstacles. You need a trusted solution and partner who understands you, your Dynamics AX solution, payment automation options, banking offerings, and more.

We keep expanding our network of established banking integrations

As our customers expand their footprint globally, SKsoft ensures that no bank is too small or too big to deal with. With the Banking & Treasury Automation Suite, your connection is guaranteed to any bank.

We already cover an impressive list of major banks such as; HSBC, Citigroup, Wells Fargo, Nordea, Deutsche Bank, SEB, and many more. Each day, new banks and new countries are added to the list – all to ensure the continued smooth operations for our customers.

Why is important to be easily connected to all your banks?

As a serious business you care about efficiency, security, and automation of mundane and manual tasks. The Banking and Treasury Automation Suite helps you accomplish just that.

Automate payment and reconciliation processes across all your business entities, all bank accounts
Ensure smooth secure communication with all the banks that you are working with. This ensures, that your business can standardize and optimize processes from the Headquarter to the smallest of subsidiaries in far away countries.
Automate and integrate process such as Bank Statement Reconciliation, Accounts Payable processing, and Accounts Receivable processes (Payments Matching, Direct Debit, Credit Card Reconciliation) and much more – all within your Microsoft Dynamics 365 Operations and Microsoft Dynamics AX solution.
With a trusted solution, you are ensured that any bank, any format and any payment standard is handled efficiently – no need for customizations and your own upkeep of changing format standards with the various banks and countries – we’ve got you covered.

Preferred banking solution for Microsoft Dynamics 365 and Microsoft Dynamics AX

SKsoft is a “Microsoft Global Strategic ISV” – this means that our Banking and Treasury Automation Suite is the preferred solution for banking, globally.

The Banking and Treasury Automation Suite is Microsoft Certified and tested for Microsoft Dynamics 365 Operations, Microsoft Dynamics AX 2012 and Microsoft Dynamics AX2009.

Contact us today!

If you have any questions about our solutions or if you need guidance to see if we can work with you and your bank(s), please reach out to us!

Join this Showcase

Will you be going to the eXtreme365 or the User Group Summit in Amsterdam, at the end of March? If so, come and meet us!

We will be Exhibiting at both events. We will also be presenting a Showcase at both events, focusing on “Banking Automation: 7 Steps to fully Automate Payments and Transaction Matching”. As an existing customer you may find new inspiration if you attend our session, so we hope to see you there!

Come and see our Showcase in Amsterdam!

We will be presenting for both partners and users at eXtreme365 and the User Group Summit. Do not miss the opportunity to attend this Showcase!

eXtreme 365 (For Partners):
Monday, 25th March 2019, 12:30 – 13:00, Room: G104
User Group Summit (For Dynamics Users):
Thursday, 28th March 2019, 13:30 – 14:30, Room: G001/G002

We will present:

7 steps to fully automate your company’s outbound payments, across all legal entities and perform intelligent transaction matching and posting of missing transactions, to provide you full reconciliation across all bank accounts in a simple process. The automated processing of payments, matching and reconciliation will save you significant time, free up key resources in the organization, and improve security.

The recommended steps are based on our Best Practices experience from implementing SKsoft Banking and Treasury Automation for + 1,600 Microsoft Dynamics organizations globally.
See how one customer benefited specifically from implementing SKsoft Banking and Treasury Automation.

Did you missed the Early bird pricing?

Don’t worry. As an SKsoft Customer get 10% discount on your registration

As a valued customer of SKsoft, we’re extending to you the opportunity to save 10% when you use the following coupon code, exclusive to SKsoft customers:

Code: PRPSK

SK Global Software is a proud sponsor

Join SK Global Software at User Group Summit Europe 27-29 March 2019. This conference is hosted by Dynamic Communities at the RAI Amsterdam located in Amsterdam, Netherlands. SK Global Software is a proud sponsor of User Group Summit Europe – the premier user group conference for users of the Microsoft Business Applications platform – featuring education on all versions of Dynamics 365, AX, CRM, and the Power platform. SK Global Software looks forward to connecting with you this March.

Why You Should Attend User Group Summit Europe

User Group Summit Europe will gather together like-minded users to discuss important issues, to learn about product updates, and to find genuine solutions to fit your business needs. With credible peer-to-peer knowledge exchange at its core, this event provides focused learning and networking opportunities to help you achieve success in your role and for your organization.

Top Three Benefits of Attending User Group Summit Europe

Exceptional, quality content: Receive technical and functional training for all product versions in a focused environment that you can utilize 365 days a year.
Engaging organised networking opportunities: There will be countless opportunities to create lasting relationships by connecting and networking with your user group peers, partners, and Microsoft team members.
Access to experts: Learn from and connect with Dynamics experts on a personal basis including: MVPs, experienced peers, Microsoft engineers, and Microsoft support technicians.

Attend User Group Summit Europe at a Discounted Rate!

10% Off – As a valued customer of SK Global Software, we’re extending to you the opportunity to save 10% when you use the following coupon code, exclusive to SK Global Software customers:

Code: PRPSK

It’s no secret that an advanced and innovative new technology can shift the way in which individuals in certain industries complete critical, daily tasks. For instance, access to big data and the ability to analyze it changed the way stakeholders across every sector thought about decision-making, enabling them to back their strategies with data-driven insights.

A recent report shows that several different technologies – including elements like virtual accounts, real-time payments and automation – are having a similarly disruptive effect in the treasury industry.

Rethinking financial operations management

In fact, according to a report from Global Finance Magazine on a survey completed at the International Treasury Management conference in Geneva this year, many treasurers note that new technological solutions and capabilities are shaking up long-held internal working processes.

“[T]reasurers are looking to leverage new and emerging technology solutions to create operational and strategic advantage,” wrote Global Finance Magazine contributor Anita Hawser. “[T]hese new solutions are also forcing treasurers to rethink how they manage their company’s operations.”

Some of the top disruptive advancements identified by treasury workers include:

Virtual accounts: Decoupling accounts from physical systems enables treasurers to create a nearly unlimited number of accounts, each with a unique account number. This helps reduce the number of external accounts treasurers have to manage, while also making processes like payment reconciliation and reporting much easier.
Real-time payment systems: Additionally, as global firms increasingly move toward real-time payment systems, treasurers can better manage particularly time-sensitive payments and financial activity. As Hawser pointed out, these systems also enable financial managers to view incoming credits to their account, helping to support improved liquidity.

“Real-time and instant domestic payment schemes are proliferating around the globe,” noted Bruno Mellado of BNP Paribas in the report. “What is not yet clear at a corporate level is whether the benefits of real-time or instant payments will outweigh the costs; however, treasurers need to be prepared, particularly for incoming flows.”

Benefits of treasury automation software

One way treasury stakeholders can help ensure their preparedness for these and other technological financial innovations is by taking advantage of yet another emerging advancement: automation.

Automation has been popping up all over an array of sectors, but for treasury workers, automation translates to less manual, paper-based work, alongside considerable time savings and access to up-to-date financial information. As Hanse Orga CEO Sven Lindemann wrote for Treasury Management, automation also boosts overall efficiency while supporting more productive treasury work and a better relationship with other departments within the business.

“Automation and integration can now translate joined-up thinking and planning into joined-up business processes, through enhanced information exchange,” Lindemann wrote. “Treasury’s closer relationship with the rest of the organization enables it to base its key risk decisions on better quality information that is dependable, accurate and up to date.”

Solutions that support automation within the treasury department can also free up considerable time for finance workers to investigate and implement other, advanced technologies, such as those described above. To find out more about how automation can impact your company’s treasury workloads, connect with the experts at SKsoft today.

While the process of bank reconciliation may not be exciting, it’s something that’s absolutely essential for all businesses, large and small, across every industry. Bank reconciliation helps you ensure that your company’s internal records match those of the bank, and that no transactions or money have slipped through the cracks along the way. Keeping up-to-date and accurate records is, of course, imperative, no matter what type of organization you run.

Depending on the size of your company and the number of transactions you support every month, this process may be more arduous and involved than one might assume. Thousands of monthly transactions necessitate that each and every one be double-checked and reconciled, and that any discrepancies are flagged and addressed.

For these reasons, it’s simply not functional or efficient to complete reconciliation by hand. You need a best-in-class software solution that can help manage this process for you, while eliminating manual work and supporting accuracy. Let’s take a look at the different parts of a leading automated bank reconciliation platform and the role each feature plays in the reconciliation process.

Compatible integration

The ability to integrate the solution with the internal software you already use is more crucial than you might think. Chances are good that your accounting team already uses a platform to manage your financial data, like Microsoft Dynamics AX. Instead of switching windows between your existing software and your reconciliation solution, your financial officers need an all-encompassing system, where they can ensure balance and accuracy from a single place.

Advanced automation

Manual work, especially within accounting process, can be considerably time-consuming, and can lead to mistakes that require additional time and resources to correct. When it comes to your organization’s bank reconciliation, manual pen-and-paper activity simply isn’t feasible anymore, particularly if you’re a business with multiple accounts that need to be balanced.

A best-in-class reconciliation solution will include advanced automation, enabling it to import your bank current statements without the need for prompt. What’s more, this advanced technology can run in the background and continuously pinpoint any discrepancies. This not only means your balances are always up-to-date, but your accountants can work proactively to immediately address any flagged transactions that might not match internal or bank records.

Robust security

Your banking information and associated details are highly sensitive, and these days, there’s no shortage of threats to this valuable data. Your bank reconciliation shouldn’t add to the risk – it should help protect your company financial details and transaction records. An industry-leading solution will offer end-to-end security, protecting data without releasing it into the cloud.

Treasury Automation: Bank reconciliation solution

Bank reconciliation solutions certainly aren’t one in the same. Your business needs a system that will support existing internal processes and software, help eliminate manual work while reducing errors and enable robust security for your sensitive data.

SKsoft’s Treasury Automation Suite includes automated bank reconciliation that’s compatible with Microsoft Dynamics AX, AX7, AX2012 and AX 2009. Our advanced automation means the solution automatically matches each transaction against bank records, enabling accuracy and reducing the chance for any discrepancy. And our industry-leading security ensures that your most important financial information is protected.

Check out our whitepaper, and connect with SKsoft today to learn more.

According to a recent study, accounting teams and C-suite executives have vastly differing opinions when it comes to their current accounts payable processes and the need for automated solutions.

The study – sponsored by SaaS firm Inspyrus and PayStream Advisors researchers – discovered that many executives are “far removed, if not out of touch” with their internal AP activity, PYMNTS reported.

This not only demonstrates the critical need for improvement in this area, but also underscores the importance of properly communicating the advantages of AP automation in a way that makes sense to decision-makers.

Fault and pain points in accounts payable

As PYMNTS noted, one researcher called the survey results “eye-opening” when describing the difference of opinion between employees who take part in AP workloads and the executives that oversee the business.

Overall, 93 percent of accounting professionals noted that there are faults in their existing AP processes, identifying manual data entry as a leading pain point contributing to these issues. At the same time, however, many executives did not agree – about half of C-suite decision-makers noted that their internal AP processes “work just fine.”

“Organizations can literally save millions through a combination of efficiency gains, cost savings and cash-back returns that come with combining invoice automation, payment automation and dynamic discounting — along with direct supplier enablement,” said Inspyrus Chief Strategy Officer Chris Preston. “However, complacency around the AP function threatens to hold organizations back from attaining these breakthrough automation efficiencies and financial returns.”

Highlighting key benefits for executives

However, the problem here remains, and accounting professionals must approach efforts at gaining executive buy-in for automation carefully. After all, executives may not be aware of all the in-depth detail and work involved in the current AP automation process, and it’s imperative that the accounting team highlight the advantages that will resonate the most with the C-suite.

In this vein, Untapped recommended discussing elements like:

The financial gains: This is particularly critical when speaking to the CFO. Underscoring advantages related to an AP automation solution’s robust return on investment, the low financial risks it presents, and how the technology will contribute to reporting accuracy and operational efficiency will help make the case here.
The ease of use and perks for internal IT: It’s also beneficial to demonstrate how an automated solution might support the internal IT team. As Untapped pointed out, many internal IT staff are stretched thin in terms of resourcing, and executives don’t want to put more on their shoulders with the deployment of another software platform. In this way, finding a supportive AP automation vendor is key.
Available options: Speaking of vendors, accounting teams seeking buy-in should do their research ahead of time and be ready to present different options that suit the company’s needs. Once convinced of the potential benefits, executives will want to be sure that they’re not overpaying for more features than they need, and that they’re selecting a robust and trustworthy software partner.

To find out more about making the business case for AP automation, connect with our experts at SK Global Software today.

A brief introduction about Cegeka

Cegeka is dedicated to helping companies survive and thrive in a digital world. They do this by means of advanced IT solutions, strategic thinking and a hands-on approach.

We live in a world where digital transformation and disruption have become the new normal. Organizations have to constantly reinvent themselves. They face the difficult task of keeping a cool head and taking the right steps in the digital arena. They have to do this in a controlled and targeted manner, without blindly following the hype.

That’s why there is a growing need for IT partners who are genuinely interested in helping organizations organisations make the right strategic choices. IT partners who work in close cooperation with the customer, and who commit towards tangible results. Cegeka is such a partner.

Key Markets

Cegeka is an international partner attending the needs of their customers in many European countries. Their Key Markets are: Austria, Belgium, Czech Republic, Germany, Italy, Netherlands and Romania. We are very proud to collaborate with their more than 4000 people working at Cegeka!

Our partnership

We are sure that this partnership will help many customers to discover the market’s best Banking and Treasury Automation solution for Microsoft Dynamics 365 Finance and Operations. We are looking forward to a great collaboration!

Would like to learn about the benefits of becoming an SK Global Software partner?