Overview

Financial Process Automation and ERP System Enhancement

Financial Process Automation and ERP System Enhancement

The 170 MarkView Financial Suite automates financial processes to ensure consistent, efficient, cost-effective, and timely processing of all transactions. Leveraging imaging, best-practice workflows, electronic receipt and delivery of transactions, and unparalleled ERP system integration, 170 Systems applications enable Finance organizations to:

  • Reduce operating costs and cycle times. Our customers achieve dramatically lower costs-per-transaction with the 170 MarkView Financial Suite, which captures and integrates all types of information and provides a single, consistent end-to-end process for handling all invoices ---paper or electronic. Best-practice workflows provide automatic routing of each transaction and its associated information to the appropriate individual for highly efficient review, coding, and approval, accelerating transactional flow and avoiding mistakes. The increased speed and overall efficiency provided by best-practice automated workflows dramatically reduces cycle times.
  • Improve quality and service levels. Key controls are strengthened through automated and consistent best-practice workflows. Auditors and other process participants have fast, seamless access to transactions via 170 MarkView’s self-service interface. The extension of self-service capabilities to all participants in transactions, including line-of-business staff and suppliers enables those involved in the process to answer many of their own questions and dramatically reduces inquiries to Finance, while providing improved service.
  • Enjoy end-to-end process visibility. Line-of-business managers have an easy-to-use interface that provides the information they need to make timely, informed decisions on pending financial transactions. Finance managers meet strategic business objectives through an actionable view of AP operations. Available only from 170 Systems, Finance executives and managers have process visibility and real-time access that allows them to immediately address critical situations and meet commitments to internal “customers” and suppliers.
  • Optimize cash. Through access to real-time process data, from comprehensive overviews to detailed financial reports, managers are empowered to optimize cash resources – pay on time, avoid late payment penalties, and capture all available discounts. Coupled with capabilities such as e-invoicing, this gives Finance managers and executives powerful cash management abilities not available with other solutions on the market.

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