Sabre Selects 170 MarkView for SAP to Optimize Financial Processes
New Technology Investment to Strengthen Financial Controls and Enhance Productivity in North American and European Shared Service Centers
Bedford, Mass., March 12, 2007 - 170 Systems, the leading developer of high-end solutions that optimize and manage financial processes for the world's largest companies, today announced that Sabre Holdings has selected 170 Systems' 170 MarkView Financial Suite for SAP to meet their Accounts Payable needs in their Shared Service Centers in Europe and North America.
"We conducted a rigorous assessment of our AP requirements and the suppliers in the marketplace and found exactly what we need in the 170 Systems solution," said David Smith, Vice President of Corporate Systems, Sabre Holdings. "Our analysis made it clear that 170 Systems offers the best solution for simultaneously enhancing our productivity and managing operating costs, while extending the value of our SAP ERP system."
"170 Systems is very pleased that Sabre has chosen 170 Systems to address their strategic objectives in the Finance area," said Dave Ellenberger, President and CEO of 170 Systems. "We look forward to deploying best practice Accounts Payable solutions that help them achieve significant returns on this technology investment."
About 170 Systems:
170 Systems is the proven leader in software solutions that manage and optimize financial processes for the world's largest companies. With over 40 percent of its customers in the Global 2000, 170 Systems' software embeds best practices in the end-to-end automation of financial processes, including Accounts Payable, Expense Management, Procurement, Accounts Receivable, Asset Management, General Ledger, Project Re-Billing and Human Resources. The result is an unmatched solution that ensures cost-effective and timely management of all transactions via a consistent process so that finance organizations can reduce operating costs, strengthen internal controls, improve service levels and optimize discounts. 170 MarkView, the company's flagship product suite, is tightly integrated with leading ERP systems, including Oracle E-Business Suite, mySAP ERP Financials, and PeopleSoft Enterprise Applications, and is operational in more than 40 countries worldwide.
For more information about 170 Systems, please call 781.743.1900 (North America), +44 0208 610 6009 (other regions) or visit http://www.170systems.com.
Trademarks
170 Systems and 170 MarkView are trademarks of 170 Systems, Inc.
