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SimCorp Dimension Cash Management from SimCorp
Integrated cash management solution that provides real-time cash position monitoring, cash forecasting, bank account management, and automated reconciliation. It helps fund managers optimize liquidity, reduce operational risk, and improve investment decision-making with accurate cash projections.
Product analysis by function
Cash Management Systems for Fund Operations
Software for monitoring, forecasting, and optimizing cash positions across accounts and currencies to support investment activities, fund redemptions, and operational needs.
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Account Integration & Connectivity
(12 Yes /12 Known /12 Possible features)
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Multi-Bank Connectivity Ability to connect with and aggregate data from multiple banking institutions. |
SimCorp Dimension provides connectivity with multiple banks for cash position aggregation and management. This is confirmed on the solution's web page. | |
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Custodian Integration Interface for direct data feeds from fund custodians. |
The product supports direct data feeds from custodians, as referenced in SimCorp documentation for institutional fund managers. | |
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Internal System Integration APIs/connectors for integration with fund accounting and portfolio systems. |
APIs/connectors to internal fund accounting/portfolio systems are a standard part of SimCorp Dimension's integration proposition. | |
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SWIFT Compatibility Supports SWIFT messaging for secure international fund transfer. |
SWIFT messaging compatibility is explicitly mentioned as part of SimCorp's cash and securities management suite. | |
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API Availability Availability of APIs for custom and automated integrations. |
Availability of open APIs for custom integrations is promoted in SimCorp's public documentation. | |
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File Import/Export Import/export of bank statements or transactions in common formats (CSV, XML, Excel, etc.). |
The system supports import/export in various file formats, as it is required for cash reconciliation and reporting. | |
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Real-Time Data Sync Capability for retrieving and updating balances/transactions in real time. |
Real-time balance and transaction updates are a highlighted benefit of SimCorp Dimension Cash Management. | |
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Manual Data Entry Options System allows manual override or entry of account data as backup. |
Manual override and entry of account data is supported, per SimCorp implementation guides. | |
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Single Sign-On (SSO) Supports single sign-on across connected systems. |
SSO support is mentioned as part of the system's authentication suite. | |
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Multi-Factor Authentication Support Enhances security when connecting to banking partners. |
Supports multi-factor authentication as part of security best practices. | |
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Batch Connectivity Supports batch uploads/downloads for statements and transactions. |
Batch upload/download capabilities for statements and transactions are promoted in the product collateral. | |
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Automated Data Reconciliation System automatically matches internal and bank records. |
Automated data reconciliation is a core part of SimCorp's cash management workflow. |
Cash Position Monitoring
(11 Yes /11 Known /12 Possible features)
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Real-Time Balance Display Displays up-to-date cash balances across all accounts. |
The product provides real-time display of cash balances across all client accounts. | |
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Multi-Currency Support Monitors balances in multiple global currencies. |
Multi-currency support is prominently promoted for global asset managers. | |
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Consolidated Cash View Aggregated balance reporting for all linked accounts. |
SimCorp supports consolidated cash reporting across all connected accounts. | |
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Customizable Dashboards User can configure dashboards for tailored cash insights. |
Custom dashboards can be configured for individual user/business needs, as per SimCorp's UI descriptions. | |
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Intraday Balance Tracking Tracks balance changes over the course of the day. |
The system supports intraday balance tracking; this is part of its real-time monitoring capabilities. | |
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Cash Position by Legal Entity Ability to view and break down cash positions at the entity or fund level. |
Cash position can be viewed by legal entity/fund, a requirement for institutional fund managers and provided in SimCorp. | |
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Historical Cash Position Reporting Access to past cash positions for analysis and comparison. |
Users can view historical cash positions for analysis, as described in product documentation. | |
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Alerting for Thresholds System can alert users to high/low balances or overdrafts. |
System can set and alert on cash thresholds, per feature listings in SimCorp's solution guide. | |
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Cash Concentration Reporting Analyzes and reports on the concentration of cash in specific accounts/regions. |
Cash concentration analytics is supported by SimCorp's reporting suite. | |
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Mobile Access Dashboards and cash positions can be securely viewed via mobile devices. |
Mobile access is supported via SimCorp's Digital Engagement Platform. | |
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Visualization Tools Supports charting/graphing for cash trends and comparisons. |
Graphical visualizations and charting for cash flows and positions are part of user dashboards. | |
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Number of Supported Currencies How many distinct currencies can be managed in the system. |
No information available |
Forecasting & Projections
(7 Yes /7 Known /10 Possible features)
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Automated Cash Forecasting Engine Generates predictions of cash needs and surpluses. |
The system has automated forecasting capabilities as detailed on the product's main web page. | |
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Scenario Modelling Allows users to run what-if analyses across various scenarios. |
Scenario modeling for 'what-if' analyses is a capability described under cash forecasting. | |
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Incorporation of Market Events Ability to include market or fund triggers into forecasts (e.g., redemptions, capital calls). |
Cash forecasting solution incorporates market events like redemptions and capital calls. | |
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Historical Trend Analysis Uses previous cash movements to improve forecast accuracy. |
Historical cash trends are used to improve forecasts, as referenced in solution guides. | |
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Forecast Horizon Flexibility Number of future days/weeks/months that can be forecasted. |
No information available | |
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Overdraft/Shortfall Prediction Flags likely shortages in upcoming periods. |
Overdraft/shortfall prediction is part of its described risk management and forecasting suite. | |
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Machine Learning Capabilities Uses advanced algorithms for predictive analytics. |
No information available | |
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Integration with Transaction Calendar Aligns forecasts with scheduled payments or receipts. |
Integration with scheduled payment calendars for forecasting is a published capability. | |
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Automated Adjustment for FX Movements Adjusts forecasts for expected or simulated currency fluctuations. |
No information available | |
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Drill-Down Forecasts by Account/Region Ability to forecast at various levels of detail. |
Detailed drill-down and segmentation of forecasts are mentioned in the product material. |
Transaction Management & Execution
(7 Yes /7 Known /12 Possible features)
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Payment Initiation Users can create and send payment instructions from the platform. |
The platform can initiate payment instructions from within the system. | |
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Automated Sweeps Automatic movement of cash based on pre-set rules (e.g., cash pooling, zero-balancing). |
Automated sweeps/cash pooling are available for liquidity optimization. | |
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Bulk Payment Processing Support for executing multiple payments in batches. |
Bulk payment processing is supported as per product documentation. | |
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Payment Approval Workflows Multi-step approval chains before payments are released. |
Platform supports multi-step payment approval workflows as part of its control environment. | |
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Outsourced Payment Support Capability for third-party administration or shared services. |
No information available | |
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Payment Cut-Off Time Awareness System recognizes and manages payments according to bank cut-off times. |
No information available | |
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Efficient Settlement Speed Average time from initiation to payment settlement. |
No information available | |
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Confirmation & Status Tracking Real-time status and confirmation of payment execution. |
Real-time payment confirmation and status tracking is supported. | |
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Integration with FX Trading Platforms Can execute FX trades to support multi-currency payments. |
No information available | |
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Payment Templates Template storage for commonly recurring payment types. |
No information available | |
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Automated Reconciliation of Transactions Links payments to accounting and automatically reconciles cleared items. |
Automated reconciliation of payments with accounting systems is a core feature. | |
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Audit Trails on All Transactions Comprehensive audit trail for every transaction and approval. |
Audit trails on all transactions are standard for compliance in SimCorp. |
Liquidity Management & Optimization
(4 Yes /4 Known /10 Possible features)
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Cash Pooling Structures Supports notional or physical cash pooling across accounts/entities. |
Support for notional/physical cash pooling structures is referenced in liquidity management materials. | |
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Automated Idle Cash Identification Identifies surplus balances for redeployment or investment. |
Idle cash identification for redeployment or investment is part of treasury optimization functions. | |
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Liquidity Buffer Calculations Recommends ideal cash reserves for operational requirements. |
No information available | |
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Short-Term Investment Integration Facilitates instant investment of idle cash (e.g., in MMFs or short-term deposits). |
No information available | |
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Liquidity Stress Testing Runs stress scenarios on liquidity positions. |
No information available | |
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Real-Time Liquidity Dashboard Visual tool for monitoring current liquidity levels. |
Real-time liquidity dashboards provided as part of the user interface. | |
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Customizable Investment Policy Rules Impose rules/limits for liquidity management based on fund mandates. |
No information available | |
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Automated Fund Transfers Automatically reallocates cash between accounts as needed. |
Automated fund transfers for cash allocation are possible with SimCorp automation. | |
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Idle Cash Ratio Measures the proportion of idle to total available cash. |
No information available | |
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Notifications for Suboptimal Liquidity Alerts if liquidity falls outside target thresholds. |
No information available |
Risk Management & Compliance
(6 Yes /6 Known /11 Possible features)
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User Access Controls Advanced permission management based on user roles and responsibilities. |
Role-based user access and permission controls are core to SimCorp. | |
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Audit Logs Comprehensive logs tracking all system access and transactions. |
Comprehensive audit logs for access and changes exist for compliance audits. | |
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Compliance Checklists Built-in or customizable checklists for key regulatory requirements. |
No information available | |
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Segregation of Duties Support Prevents conflicting roles and process steps from being assigned to the same user. |
Supports segregation of duties with detailed role configuration. | |
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Anti-Money Laundering (AML) Screening Supports AML/KYC checks for counterparty payments. |
No information available | |
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Sanctions Screening Automated screening of transactions/beneficiaries against global sanctions lists. |
No information available | |
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Regulatory Reporting Automation Generates required reports for regulators with minimal manual intervention. |
No information available | |
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Risk Limit Alerts Notifies users if exposures approach or breach pre-set limits. |
Risk limit alerts are available as part of exposure and liquidity monitoring. | |
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Change Management Tracking Monitors and logs changes to system configurations and data. |
Change logs for key transactions and configurations are maintained. | |
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Audit Trail Report Generation Speed Time required to generate comprehensive audit trail reports. |
No information available | |
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Compliance Rules Customization Ability to add/modify compliance logic as laws and policies change. |
Compliance logic and rules can be customized according to regulatory change. |
Reporting & Analytics
(9 Yes /9 Known /10 Possible features)
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Standardized Report Library Pre-built reporting templates for common use cases. |
Standardized report templates are included for key reporting requirements. | |
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Custom Report Builder Users can create tailored reports from system data. |
Custom report builders are offered for user-defined analytics and reporting. | |
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On-Demand Export to Excel/PDF Ability to export reports in multiple formats. |
System supports on-demand data export to Excel and PDF formats. | |
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Automated Scheduled Reporting Reports generated and distributed per schedule. |
Automated and scheduled reporting is available for regular distribution. | |
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Flexible Date Ranges Allows selection of any reporting period. |
Reporting date ranges are flexible and support any user selection. | |
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Drill-Down/Drill-Through Ability to drill down to transactional details in reports. |
Drill-through to transaction-level details in reports is a described capability. | |
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Data Visualization Tools Dashboards and visualizations for trends, outliers, and comparisons. |
Dashboards include visualization tools for trend and comparison analysis. | |
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Automated Distribution Sends reports to designated recipients automatically. |
Reports can be automatically distributed to predefined recipients. | |
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Ad-Hoc Query Support Users can define and run custom data queries. |
Ad-hoc querying on system data is supported for power users. | |
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Data Retention Period How long historical reports and data are retained by the system. |
No information available |
User Experience & Accessibility
(5 Yes /5 Known /10 Possible features)
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Intuitive User Interface Designed for ease of navigation and understanding. |
User interface is designed to be intuitive and is promoted for ease of navigation. | |
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Multi-Language Support System available in multiple global languages. |
No information available | |
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Role-Based Dashboards Personalized views based on user function or department. |
Role-based dashboards are supported for different user types. | |
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Advanced Search & Filter Powerful tools to quickly locate transactions or information. |
Advanced search and filter options are available in SimCorp Dimension. | |
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Context-Sensitive Help User assistance and tooltips available in relevant screens. |
No information available | |
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Mobile-Friendly Design Optimized for access via smartphones and tablets. |
The web interface is mobile-friendly and supports tablet/smartphone access. | |
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Accessibility Standards Compliance Meets accessibility guidelines (e.g., WCAG, ADA). |
No information available | |
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Concurrent User Support Number of users who can simultaneously access the system. |
No information available | |
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Customizable Notification Preferences Users can control which system alerts and communications they receive. |
Notification preferences can be managed by each user. | |
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Time Zone Awareness Displays times/dates in the user’s local time zone. |
No information available |
Security & Data Protection
(7 Yes /7 Known /10 Possible features)
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End-to-End Encryption Encrypts data at rest and in transit. |
End-to-end encryption of data at rest and in transit is part of SimCorp's security assurances. | |
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Multi-Factor Authentication Requires two or more authentication factors for system access. |
Supports multi-factor authentication for secure system access. | |
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Granular Permission Management Detailed control of access to features and data at the user level. |
Granular access permissioning is a standard feature for enterprise security. | |
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Data Masking & Redaction Sensitive information is hidden from unauthorized users. |
No information available | |
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Security Event Monitoring System logs and monitors for suspicious activities. |
Security events are monitored with alerting and audit logging. | |
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Disaster Recovery & Backup Automated, regular backups and verified recovery plans. |
Disaster recovery and regular backup procedures are standard for SimCorp's cloud/on-premise installations. | |
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Security Certifications (e.g., SOC 2, ISO 27001) Product holds relevant third-party security certifications. |
SimCorp is SOC 2 and ISO 27001 certified; certifications are promoted on their website. | |
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Time to Restore After Failure Average time required to restore the system after an outage. |
No information available | |
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Penetration Testing Frequency How often the system is tested for security vulnerabilities. |
No information available | |
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Data Residency Options Ability to specify which country/region data is stored in. |
Data residency/location options are available to comply with regional regulations. |
Implementation & Support
(8 Yes /8 Known /10 Possible features)
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Implementation Timeline Typical time to complete setup and go-live. |
No information available | |
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Dedicated Account Manager Access to a named support/account specialist. |
Clients are assigned a dedicated account manager as part of SimCorp services. | |
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24/7 Technical Support Support team is available around the clock. |
24/7 technical support is referenced in SimCorp's global support offerings. | |
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Online Knowledge Base Extensive online help and documentation. |
Online knowledge base and self-service resources are available to users. | |
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Live User Training Interactive training sessions for user onboarding. |
Live user training/onboarding is part of SimCorp's client implementation support. | |
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System Uptime SLA Guaranteed system uptime percentage. |
No information available | |
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Customizable Onboarding Plan Tailored onboarding steps for specific fund structures. |
Onboarding plans are customized based on fund structure and workflow needs. | |
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Periodic System Health Reviews Scheduled review and tuning of system performance. |
Periodic system health/system review and optimization is included in ongoing support. | |
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User Feedback Mechanism Users can submit feedback or system improvement suggestions. |
User feedback and improvement requests can be submitted via user portal. | |
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Integration Support Services Vendor assistance in interfacing with third-party systems. |
Integration support services are provided as part of implementation and ongoing integration. |
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