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RFP No. 24-06-01 Banking Services
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SYNOVUS BANK
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Synovus Gateway –Customizable and secure online <br />banking solution <br />Premium Reporting Options <br />Zero-Balance Accounts <br />Accelerate Pay <br />Implementation Partnership Develop an immediate partnership with the Cityand <br />establish responsibilities. <br />Thorough communication and check points <br />Review of the City’s processes and procedures <br />Providing recommendations on process improvement <br />Dedicated onboarder for implementation and training <br />Synovus’ Government Solutions Group will offer specialized, industry-leading capabilities allowing the <br />Citytobenefit from our in-depth understanding of your day-to-day and long-term needs. Our <br />experience will create value across your entire organization. The Government Solutions Group has <br />decades of governmental banking experience and, along with our partners intreasury management, <br />Synovus provides a unique understanding of municipal banking that is unmatched by our competitors. <br />Submit any additional information that would assist the City in the evaluation on your proposal. <br />Business Process Review <br />As an added benefit, Synovus Bank conducts a Business Process Review (BPR) where our Treasury <br />Management Team will observe and examine City’s Accounts Receivables process, Accounts Payables <br />process, and Financial Accounting to ensure what was communicated throughout the procurement <br />process is, in fact, how County truly interacts and utilizes their bank. <br />The goal for the Synovus Team is to document workflows and procedures to help clients understand <br />where efficiencies may be implemented while noting parts of processes that may be too labor <br />intensive and easily supplanted with automation. <br />Following the site visit, the Synovus Team formulates its learnings and findings with City’s team. This <br />often becomes the beginning of a strategic and/or tactical roadmap for clients to consider as they <br />transform their financial operations. <br />July 12, 2024Page 51 <br />City of Sunny Isles Beach RFP 24-06-01 <br />Banking Services - Synovus Bank Submission <br /> <br />
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