170 Systems is the leading provider of complete software solutions that automate and optimize financial processes for the world's largest and most ambitious finance organizations.

The company's product line, the 170 MarkView® Financial Suite, is a best practice financial process automation solution for Accounts Payable, Expense Management, Procurement, Accounts Receivable, General Ledger, Asset Management, Project Re-Billing and Human Resources. Certified with Oracle e-Business Suite, PeopleSoft Enterprise Applications and mySAP ERP, 170 MarkView taps the power of the ERP for all processes, using best practice workflows that leverage the ERP's approvals and validations - without risk of data duplication - and employs user interfaces appropriate for each type of user: AP processor, line-of-business manager, finance manager and supplier. Tightly integrated with the ERP system, 170 MarkView Financial Suite extends the ERP's functionality through use of consistent business processes and best practice workflows.

The 170 Systems Advantage

170 Systems' Global 2000 customers benefit from complete visibility into all transactions and related information, best-in-class transaction costs, fastest transaction cycle times, strengthened internal controls, improved service levels, maximized cash flow, and average payback in less than 7.5 months. The company's solutions are unmatched in their ability to transform expensive, inefficient, labor-intensive finance tasks into streamlined, automated, efficient end-to-end processes.

Working with the world's leading finance organizations for over 16 years, it demonstrates unsurpassed knowledge and understanding about its customers' challenges and the solutions that will deliver the greatest value for them.

170 Systems customers can be found across a wide range of industries including aerospace and defense, consumer goods, education, energy, engineering and construction, entertainment, financial services, food and beverage, government/public sector, healthcare, high technology, manufacturing, publishing, telecom, retail, travel & entertainment.

170 MarkView® Financial Suite

Accounts Payable

This solution optimizes the accounts payable (AP) process by capturing the original transaction information, automating the entry process, applying best practice workflows and automatically creating an audit history trail.

e-Invoice

Designed and implemented as a seamless part of the overall AP process, it enables organizations to rapidly adopt and integrate e-invoicing (EIPP). Unlike stand-alone e-invoicing solutions, it gives organizations the ability to implement e-invoicing without creating a separate, stand-alone process.

OCR Invoice

It uses optical character recognition technology (OCR) to eliminate the manual entry of invoice data into the ERP system and increase accuracy of the data entered.

Expense Management

This solution optimizes the expense management process, reducing the burden on AP, approving managers, and expense report users. Fully integrated with the ERP expenses application, it eliminates the need to route paper receipts through the organization.

Procurement

When combined with 170 MarkView for AP, it optimizes the procure-to-pay process from requisition to purchase order to payment. It manages the documentation required for large purchases that require a purchase order. For smaller non-P.O. purchases, it automates the verification of charges.

Accounts Receivable

It enables automated downloading of unstructured image data and structured lockbox data to handle lockbox exception processing.

General Ledger

It accelerates the monthly, quarterly, and yearly closing processes by making all general ledger (GL) transaction documentation easily available from within the ERP general ledger.

Asset Management

It optimizes the asset process, integrating all related information with the ERP asset module. Paper intensive, the asset management process includes invoices, purchase orders, contracts, RFP's, maintenance records, maintenance contracts, warranties, insurance contracts, leases, etc.

Project Re-Billing

This solution optimizes the Expenditure-to-Cash process for Professional Services revenue enhancement.

Human Resources

It puts employee personnel records on-line and centralizes the information for access by HR managers, line managers and employees.

Solution Components

This are the platform for the financial business process automation solutions that comprise the 170 MarkView Financial Suite. Unlike other loosely-coupled or separate, disconnected offerings, this solution components have been designed from the ground up to be integrated with the leading ERP systems - the Oracle E-Business Suite, PeopleSoft Enterprise and SAP ERP.

British Telecom

Juniper Networks

Orange (a division of France Telecom)

Plains All American

Reader's Digest

Reuters

Sandia National Laboratories

Select Medical

TUI AG

University of Pennsylvania

Verizon Wireless