Description
The Department of Veterans Affairs (VA) is conducting market research to determine if there are other brands of software available to meet their requirements for a reconciliation software. The VA currently uses Fiserv software to reconcile financial data with the U.S. Treasury, Federal Reserve Banks, Centrally Billed Accounts, and Defense Finance Accounting Service. The required software should have the capacity to cover the complete transaction life cycle, interoperability with FASMATCH, and ability to produce reports by attributes.
Some key features of the required software include:
• Capacity to handle approximately 10,000-50,000 daily loaded transactions
• Ability to maintain and manage similar records in the database
• Scalability to handle all transaction and account types
• Data input and transformation capabilities
• Matching rules and workflow automation
• Archiving capabilities and security subsystem
The VA is seeking a capabilities statement and pricing estimate from interested parties.