DOT eliminates paper from financial processes with 170 systems.
This enterprise-wide implementation provides a secure, Web-enabled environment for users to access, track and annotate Accounts Payable information. Workflow capabilities automate approval processes with paperless electronic routing for online review and approval throughout the DOT and its agencies. The system also supports auditing during the annual verification of financial statements.
The project is managed jointly by 170 Systems and the U.S. Coast Guard Finance Center, which hosts the centralized database of invoices and other document images at its facility in Chesapeake, VA. The imaging system is tightly integrated with DOT's new accounting system, which uses Oracle Federal Financials and is operated by the Mike Monroney Aeronautical Center (MMAC) in Oklahoma City, OK. Ten DOT agencies have converted from the legacy system and are now in production on Oracle Federal Financials. Through 2003, Coast Guard, MMAC and 170 Systems project managers will continue to bring financial invoices and processes online for all DOT agencies, including the Federal Aviation Administration (FAA), the National Highway Traffic Safety Administration (NHTSA), the Federal Highway Administration and the Federal Transit Administration.
The Coast Guard implemented the 170 MarkView solution in 1995 and also uses the system to preserve historical papers on vessel registration dating back to the 1700s and 1800s, maintaining the functionality of the information without harming the original documents. The Federal Railroad Administration began using the solution from 170 Systems for financial document management and workflow in April 2001. And, the FAA is using 170 MarkView to image-enable real estate records in its Southern Region.
The 170 MarkView implementation was coordinated with DOT's successful upgrade of Oracle Financials to Oracle's release 11i in December 2001. 170 MarkView is integrated with Oracle Financials and other Oracle e-Business applications, allowing seamless integration of unstructured data, regardless of source or format, with structured data and enterprise applications.
170 Systems, Inc. provides advanced, Web-deployed solutions that enable e-businesses to capture and manage all of their information online, collaborate and optimize intra-company and B2B transactions. 170 Systems products are tightly integrated with the Oracle database and application server technology, and the Oracle E-Business Suite of financial, customer relationship management, human resources, manufacturing, and self-service software applications. 170 Systems solutions are used today by Global 1000 organizations worldwide, in all industries, to support and streamline business processes and operations. The company is headquartered in Cambridge, MA.
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|Publication:||EDP Weekly's IT Monitor|
|Date:||Jul 29, 2002|
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