SKG Services Europe
SKG Services Europe is a Danish software company that provides banking and treasury automation add-ons for Microsoft Dynamics 365 Finance & Operations, connecting D365 to 170+ banks for enterprise finance teams globally.
- Company typePrivate
- Founded2020
- HeadquartersHellerup, Denmark
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What SKG Services Europe does
SKG Services Europe ApS is a Danish-headquartered software company that builds banking and treasury automation add-ons for Microsoft Dynamics 365 Finance & Operations. Founded in 2020 as the EMEA arm of US-based SKsoft (parent founded 1995) and headquartered in Copenhagen, the company serves large multinationals whose ERP stack is built on D365 F&O and whose finance and treasury teams need automated, secure bank connectivity that the standard D365 product does not provide natively. Its core product is the Treasury Automation Suite (TAS), a 16-module suite covering bank statement automation, vendor payment automation, payment factory, credit card reconciliation, direct debit, in-house banking, FX, supply chain finance, and more, powered by its BankFabric secure communication engine that connects to 170+ banks and 800+ bank formats. The company also distributes AI-Driven Test Automation for D365 (partnered with elevaite365) and offers Best Practices Implementation, Advisory, and Managed Services.
The business model is a mix of annual software subscriptions (module- and user-based licensing), implementation services (fixed-scope GET STARTED and Best Practices methodologies delivered in 4 weeks for single modules or 6-12 months for full suites), advisory services, and managed application services. Go-to-market is predominantly partner-first, leveraging 25+ Microsoft Dynamics 365 resellers and SIs including KPMG, DXC Technology, CGI, Columbus, and Delaware Consulting, complemented by a direct enterprise sales motion led by Head of Sales EMEA Thomas Jenkins. Named enterprise customers include Maersk, GN Group, Scania, Pandora, DFDS, Securitas, Genus PLC, On, Agtegra, and Lippert, with 1,600-1,700+ companies using the software globally. The company is a member of the Microsoft Inner Circle for Business Applications (top 1% of the Dynamics ecosystem since 2017) and employs 51-100 people across eight countries, with CEO Jonas Andersen taking full ownership in September 2025.
SKG Services Europe firmographics
Firmographics- Name
- SKG Services Europe
- Legal name
- SKG Services Europe Aps
- Website
- https://skg-services.eu
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- SKG Services Europe is a Danish software company that provides banking and treasury automation add-ons for Microsoft Dynamics 365 Finance & Operations, connecting D365 to 170+ banks for enterprise finance teams globally.
- Ownership category
- akta.pro rank
SKG Services Europe industry classification
Industry- Product category
- Banking and Treasury Automation Software
- NAICS
- Custom Computer Programming Services (541511), Computer Systems Design and Related Services (5415)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Payments Operations (ACH/Wire/RTGS, SWIFT, SEPA, Checks) (FSABALAB)
- akta.pro secondary industries
- API Security & Service-to-Service Security (mTLS, Service Mesh Security) (HDABAHAN), Enterprise Service Bus (ESB) & Message-Oriented Middleware (HDAEACAE)
Keywords
Where SKG Services Europe is headquartered
LocationHeadquarters
- HQ city
- Hellerup
- HQ country
- Denmark
- HQ region
- Europe
Offices3 records
Markets served
SKG Services Europe business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- Software Subscription: Annual subscription fee for Treasury Automation Suite modules and number of users. Flexible licensing model based on modules selected and user count.
- Implementation Services: Best Practices Implementation - fixed-scope implementation services for banking and treasury automation. GET STARTED approach delivers value in 4 weeks for individual modules, 6-12 months for full TAS implementation.
- Advisory Services: Strategic consulting for banking and treasury automation, including scoping workshops, strategy planning, solution selection, connectivity advisory, and programme governance.
- Managed Application Services: Ongoing support and managed services for D365, Banking and Treasury solutions including test automation, solution maintenance, and continuous coverage across releases.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | TAS Light Suite - Entry-level bundle |
| Subscription | Annual | Full Treasury Automation Suite - 16 modules |
| Subscription | Multi-year contract | GET STARTED Implementation |
| Subscription | Annual | AI Test Automation Platform |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
SKG Services Europe product offering
Product offeringCore offering
SKG Services Europe provides a certified Microsoft Dynamics 365 Finance & Operations add-on called the Treasury Automation Suite (TAS), which automates communication between D365 F&O and any bank worldwide across 170+ bank connections and 2,400+ file formats. The offering is powered by BankFabric, a secure two-way communication engine hosted on Azure with encrypted blob storage, and is delivered in three bundles: TAS Light (entry-level), TAS Core, and TAS Enterprise. Additional offerings include AI-Driven Test Automation for D365, Advisory Services, and fixed-scope Best Practices Implementation.
Product overview
SKG Services Europe is a provider of banking and treasury automation solutions for Microsoft Dynamics 365 Finance & Operations. The core product is the Treasury Automation Suite (TAS), a 16-module add-on solution that includes Bank Statement Automation, Vendor Payment Automation, Payment Factory Automation, Credit Card Reconciliation, Direct Debit Automation, In-house Banking, Supply Chain Finance, and more. Supporting the suite is BankFabric, the secure communication engine connecting D365 F&O with 170+ banks and supporting 800+ unique bank formats worldwide. The company also offers AI-Driven Test Automation powered by elevaite365 for regression testing across D365 releases. Services include Advisory Services, Best Practices Implementation, and GET STARTED Implementation Approach. The product portfolio is distributed through D365 Partners including KPMG, Columbus, CGI, and 20+ other Microsoft partners globally.
Differentiator
Problem solved
Functional benefit
Brands
- Treasury Automation Suite (TAS): A premier add-on solution with 16 modules for Microsoft Dynamics 365 that automates bank & cash management, treasury, and payments processing.
- BankFabric
- TAS Light
Products and services
- Treasury Automation Suite (TAS) 16-module D365-certified add-on automating bank & cash management, treasury, and payments processing for enterprise finance and treasury teams running Microsoft Dynamics 365 F&O.
- Treasury Automation Suite Light (TAS Light) Entry-level bundle of the most-requested TAS modules targeting mid-market customers who need rapid deployment of core banking automation capabilities on D365.
- BankFabric Engine powering secure, two-way communication between ERP systems and banks, supporting multiple protocols and nearly unlimited bank file formats with encrypted Azure storage.
- AI-Driven Test Automation for Microsoft Dynamics 365 End-to-end AI-powered test automation platform for Dynamics 365 Finance & Operations, providing automated test case generation, self-repair, and hyperautomation across all D365 applications and external integrations.
- ER Connect New BankFabric-powered solution enabling secure, SOC 2 Type II compliant bank communication within standard D365 Electronic Reporting functionality, eliminating the need for additional banking modules.
- Advisory Services Strategic consulting for CFOs and treasurers evaluating banking and treasury automation strategy, solution selection, connectivity, programme governance, and D365 implementation roadmap.
- Best Practices Implementation Fixed-scope implementation service for banking and treasury automation on D365 F&O delivered in 3-6 months through a four-phase proven configuration methodology.
- GET STARTED Implementation Approach Accelerated implementation service enabling companies to achieve positive ROI in as little as 4 weeks through limited scope, efficient configuration, and dedicated support.
Quantifiable outcome
- 30-40% of time spent on manual banking and payment tasks recovered
- +4 more outcomes
Companies that use SKG Services Europe
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles2 records
SKG Services Europe technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability3 records
Feature4 records
SKG Services Europe partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- elevaite365corePartnership announced January 22, 2026 to strengthen testing offerings and quality assurance for Banking and Treasury customers on Microsoft Dynamics 365. Embeds advanced AI-powered test automation into implementation and managed services. elevaite365 provides purpose-built D365 testing platform; SKG provides banking and treasury domain expertise.
- SkySparccoreStrategic partnership announced November 19, 2025 combining SkySparc's treasury and TMS expertise with SKG's D365 banking and treasury specialization. Enables clients to optimize complex, multi-system enterprise environments. Already collaborated on multinational rollout for global enterprise covering 70+ legal entities, 280 bank accounts, and 20+ countries integrated with Kyriba as TMS.
- PingalaminorJoint webinar on ER Connect powered by BankFabric. Pingala is an enterprise architect partner collaborating on D365 banking solutions across Nordic and Asia regions.
- InfinianceminorPartner led session on Inhouse Banking at Partner Event 2025. Collaborated on joint customer project implementing IHB solution for Nordics market, replacing legacy third-party system with fully D365-embedded solution.
- DXC TechnologycoreKey strategic global partner with unique cross-industry niche value proposition. Delivers excellent service for customers. DXC Strategic Partner Lead Ivana Pirochtova endorses the solution.
- KPMGminorGlobal consulting firm and Microsoft partner displaying SKG logo as trusted partner on website.
- ColumbusminorGlobal Microsoft partner displaying SKG logo as trusted partner.
- Delaware ConsultingminorGlobal Microsoft partner displaying SKG logo as trusted partner.
- CGIminorGlobal IT and business consulting firm and Microsoft partner displaying SKG logo as trusted partner.
- eBECSminorMicrosoft Dynamics partner displaying SKG logo as trusted partner.
- ApteanminorEnterprise software provider and Microsoft partner displaying SKG logo as trusted partner.
- QUANTIQminorMicrosoft Dynamics partner displaying SKG logo as trusted partner.
Scale indicators9 records
Recent moves9 records
Expansion highlights5 records
SKG Services Europe competitors and assessment
Company assessmentBroad incumbents
- Temenos: Temenos is a major core banking software platform serving banks themselves with transaction processing, payments, and compliance engines. While SKG sells to corporate treasuries rather than banks, Temenos overlaps in the enterprise banking and payments automation category as a broad incumbent technology provider.
- HighRadius: HighRadius is a large fintech offering autonomous finance software including treasury, cash application, and bank reconciliation modules used by enterprise finance teams. It overlaps with SKG's payments automation, bank statement reconciliation, and cash application capabilities, but serves a broader scope across order-to-cash and record-to-report.
- Serrala: Serrala (formerly Hanse Orga) is a long-standing financial automation software vendor offering bank connectivity, payments, and treasury solutions that integrate with SAP and other ERPs. It is comparable to SKG as a broader incumbent in ERP-embedded banking and treasury automation, operating across multiple ERP platforms while SKG is D365-specialized.
Others
- Plaid: Plaid provides bank connectivity APIs widely used across fintech and enterprise applications to verify accounts, retrieve balances, and initiate payments. It is comparable to SKG's BankFabric as an enabling connectivity layer for ERP and treasury applications, but targets a much broader fintech and consumer market rather than D365-embedded corporate payments.
Direct peers
- Kyriba: Kyriba is a leading cloud Treasury Management System used by large multinationals for cash visibility, payments, FX risk, and bank connectivity. It is referenced in SKG partner materials (SkySparc integrates Kyriba as TMS) and competes for treasury automation budget on deals where customers weigh ERP add-on vs. standalone TMS.
- GTreasury: GTreasury is a treasury management platform covering cash management, payments, bank connectivity, FX, and risk for large corporates. It competes with SKG on enterprise treasury and bank connectivity use cases, particularly for multinationals that want a dedicated TMS sitting alongside their ERP.
- TIS (Treasury Intelligence Solutions): TIS provides a cloud-based platform for global cash visibility, bank connectivity, payments, and treasury workflows used by corporates. It directly competes with SKG's Treasury Automation Suite on ERP-agnostic and SAP-anchored bank connectivity, automating the same vendor payments, bank statement reconciliation, and cash management use cases for multinational corporates.
Emerging players
- Trovata: Trovata provides open banking-driven treasury and cash analytics via APIs to banks and ERPs. It is comparable to SKG's BankFabric on bank connectivity and data normalization, though Trovata focuses on analytics and APIs while SKG focuses on ERP-embedded payment automation.
- Yapily: Yapily is an open banking API platform that connects corporates to thousands of European banks via PSD2 connections. It is comparable to SKG's BankFabric on bank connectivity infrastructure but targets a wider API ecosystem and consumer use cases beyond corporate ERP payments.
- Cashforce: Cashforce offers short-term cash flow forecasting and treasury analytics used by mid-market and enterprise finance teams. While narrower than SKG's full payments automation suite, it overlaps on the cash visibility and treasury insight layer that complements SKG's payment execution products.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
SKG Services Europe social profiles
Digital presenceSKG Services Europe compliance and trust
Trust signalCompliance1 record
SKG Services Europe financial estimates
Financial estimateRevenue estimate
Valuation estimate
SKG Services Europe leadership team
Management profileNumber of profiles
Profiles4 records
SKG Services Europe funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SKG Services Europe M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SKG Services Europe
What does SKG Services Europe do?
SKG Services Europe provides a certified Microsoft Dynamics 365 Finance & Operations add-on called the Treasury Automation Suite (TAS), which automates communication between D365 F&O and any bank worldwide across 170+ bank connections and 2,400+ file formats. The offering is powered by BankFabric, a secure two-way communication engine hosted on Azure with encrypted blob storage, and is delivered in three bundles: TAS Light (entry-level), TAS Core, and TAS Enterprise. Additional offerings include AI-Driven Test Automation for D365, Advisory Services, and fixed-scope Best Practices Implementation.
Is SKG Services Europe a public or private company?
SKG Services Europe is a private company. It is classified as management employee owned and is currently operating.
When was SKG Services Europe founded?
SKG Services Europe was founded in 2020. It employs 51 to 100 people.
Where is SKG Services Europe based?
SKG Services Europe is headquartered in Hellerup, Denmark, in the Europe region.
How does SKG Services Europe make money?
Four revenue lines are on record. Software Subscription is the primary driver. The others are implementation Services, advisory Services and managed Application Services.
Who are SKG Services Europe's main competitors?
Broad incumbents on record are Temenos, HighRadius and Serrala. Plaid is listed as an others. Direct peers are Kyriba, GTreasury and TIS (Treasury Intelligence Solutions). Emerging players are Trovata, Yapily and Cashforce.
Does SKG Services Europe have an API?
No public API is recorded for SKG Services Europe.
What industry is SKG Services Europe in?
SKG Services Europe's product category is Banking and Treasury Automation Software. Its primary akta.pro industry code is FSABALAB, Payments Operations (ACH/Wire/RTGS, SWIFT, SEPA, Checks), with a secondary code of HDABAHAN, API Security & Service-to-Service Security (mTLS, Service Mesh Security). Its NAICS code is 541511 and its SIC code is 7372.