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BILLING-1510 - USA (Rensselaer, New York) - Banking, Treasury, and ePayment Services - Deadline January 14,2022

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: BILLING-1510

Government Authority located in Rensselaer, New York; USA based organization looking for expert vendor for banking, treasury, and ePayment services.

[A] Budget: Looking for Proposals

[B] Scope of Service:

(1) Vendor needs to provide banking, treasury, and ePayment services to the government authority located in Rensselaer, NY.
● Maintain a long-term customer-centric banking relationship;
● Have access to a user-friendly, intuitive banking services online portal;
● Gain operational efficiencies through the use of treasury services/technology;
● Reduce check volume (both those received for payments and those issued for disbursements);
● Maximize potential rebates through a virtual card/p-card program;
● Maximize the value of every dollar; and,
● Ensure competitive pricing
- Treasury Services
The County is looking for an enhanced treasury services relationship where the successful Proposer will offer the capabilities to provide streamlined documentation online, provide online tools for efficiencies, use banking portals to enhance cash flow management, and access a set of tools online that can link to the County’s current financial software.
- ePayment Services
The County wishes to change the way the finance office makes payments. The County knows there are opportunities to create efficiencies and generate revenue through ePayment and pcard/virtual card programs
- Check Disbursements: Checks continue to be a very inefficient way of conducting financial transactions. The main reasons most entities continue to cut and/or choose paper disbursements are related to remittance data that accompanies the check. Financial solutions exist today that provide the remittance data needed as well as the cost savings associated with electronic payments.
(2) All question must be submitted no later than January 7, 2022.

[C] Eligibility:

- Onshore (USA Organization Only);

[D] Work Performance:

Performance of the work will be Offsite. Vendor needs to carry work in their office location.

Expiry Date : Friday, 14 January, 2022

Category : Billing Services, Banking Services

Country : USA

State : New York

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