170 Systems Customers to Speak at OAUG Connection Point; Ryerson University and Liquor Control Board of Ontario to Discuss Benefits of Strengthened Internal Controls and Streamlined Business Processes.BEDFORD, Mass. -- 170 Systems, the leading provider of software products and services that transform core ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. financial functions into world-class business processes, today announced that two of its customers, Ryerson University History In 1852 at the core of the main campus, the historic St. James Square, Egerton Ryerson founded Ontario's first teacher training facility, the Toronto Normal School. and the Liquor Control Board of Ontario The Liquor Control Board of Ontario (LCBO) is a provincial Crown corporation established in 1927 by Lieutenant Governor William Donald Ross, on the advice of his Premier, Howard Ferguson, to sell liquor, wine, and beer in Ontario through a chain of retail stores. (LCBO LCBO Liquor Control Board of Ontario LCBO Logistics Career Broadening Officer (AFMC/USAF) ), will be presenting at OAUG OAUG Oracle Applications Users Group OAUG Oracle Applications User Group Connection Point(R) 2005, being held from June 13-16 in Dallas, Texas. The presentations will focus on how each organization is utilizing the 170 MarkView solution to strengthen internal controls in order to streamline financial business processes. "We are pleased that the OAUG recognizes the achievements of our customers," said Dave Ellenberger, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of 170 Systems. "Our solutions help some of the world's largest organizations develop strong internal controls to streamline mission-critical financial business processes, allowing them to increase efficiency and realize significant value through process automation. While many finance departments are bogged down by cumbersome manual processes, we work with our customers to develop world-class financial organizations capable of adding to the bottom line." As a leading Canadian educational institution, Ryerson University's Financial Services organization strives to deliver top-quality, efficient business services in support of the university's educational strategy and initiatives. Peter Gee, assistant director, financial services for Ryerson, and Mary Anne Rait, financial systems administrator for Ryerson will discuss "Imaging -- Automating Financial Business Processes at Ryerson University" on June 15 at 3:45 p.m. In this presentation, they will detail how the university leveraged 170 MarkView to transform and re-engineer manual business processes across multiple finance functions, including Accounts Payable (A/P A/P Airport A/P Accounts Payable A/P Advanced Placement (education) A/P Anterior/Posterior A/P Active/Passive A/P Assessment & Plan (medical) A/P Automatic Pilot A/P Aircrew Personnel ), Accounts Receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying (A/R), Expense Management, Purchasing and General Ledger General Ledger A company's accounting records. This formal ledger contains all the financial accounts and statements of a business. Notes: The ledger uses two columns: one records debits, the other has offsetting credits. (GL). Additionally, the LCBO, a leading Canadian alcohol retailer, will present "iExpense and 170 Systems - A Canadian First" on June 14 at 11:15 a.m. Susan Pines, financial supervisor, and Patrick Paraninfo, IT manager, will discuss how the LCBO is using 170 MarkView for receipt imaging to enable quicker, more efficient expense reimbursements for employees. 170 Systems will be exhibiting at OAUG Connection Point 2005 at booth number 1400. OAUG Connection Point 2005 is an event sponsored by the Oracle Applications Users Group that provides attendees with the opportunity to connect with fellow members of the Oracle community, share ideas and learn how to make the most of their Oracle investment. The conference will feature over 200 sessions, including white paper presentations, panels and training sessions. For more information on the event, please visit http://www.oaug.org/conferences/2005/cxnpttexas/. About 170 Systems 170 Systems, Inc. is the leading global provider of software products and services that capture and manage all of the information associated with core financial functions, transforming them into consistent, automated, "best practices" business processes that ensure sustainable compliance. Combining best-of-breed business process automation and imaging technologies, the 170 MarkView solution provides seamless integration with ERP systems, including the Oracle E-Business Suite A group of integrated Internet-based applications from Oracle. Introduced in 2001 as Version 11i, it includes modules for CRM, finance, human resources, supply chain management as well as applications for business intelligence. and PeopleSoft Financial Management, resulting in significant cost reduction, improved efficiency and enhanced visibility for enterprises. 170 MarkView is deployed by Global 1000 enterprises across a wide range of industries in more than 40 countries. For more information about 170 Systems, please call 1-800-788-6170, +1-781-743-1900, +44 0208 610 6009, or visit http://www.170systems.com. |
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