Overview
Imaging and Workflow

Leveraging, Managing and Optimizing Financial Processes

Finance organizations seeking best practice solutions to manage high volumes of transactions can leverage the efficiencies and productivity enhancements of imaging and workflow technologies to:

  • Integrate any type of information from any source
  • Improve finance professional user productivity
  • Provide intuitive access for line-of-business managers and suppliers
  • Create comprehensive audit trails
  • Completely integrate all relevant information with the ERP system of record

These goals can be reached with a reliable, scalable and cost-effective solution that has been proven over the last 16 years in hundreds of the world's largest organizations -- the 170 MarkView® Financial Suite. With solutions for Accounts Payable, Expense Management, Procurement, Accounts Receivable, Asset Management, General Ledger, Human Resources, and Project Re-Billing, 170 Systems has an unmatched record of successfully deploying image-enabled workflows that incorporate best practices to improve finance and line-of-business operations. These solutions are currently in production worldwide, managing billions of transactions.

170 MarkView: Using Imaging and Workflow to Integrate All Types of Information and Increase End-User Productivity

170 MarkView leverages high-volume imaging technology to capture any type of business document involved in a finance process -- whether it originates as paper, fax, electronic invoice (EIPP), EDI feed, XML transaction, email, spreadsheet, expense report, etc. It then renders an image of the original document, creating a paper-like representation of the original information and initiates the proper transaction workflow. With this approach, 170 MarkView ensures that the documents and information are permanently associated with the ERP transaction record and eliminates any need to cross-index or re-enter information into a separate or loosely-coupled imaging system. Here's what the solutions look like for a few different roles:

    Finance Professionals: With 170 MarkView for Accounts Payable, scanned invoice images are queued for entry by AP professionals. By clicking on the "Get next" button, a feature added to the ERP environment by 170 MarkView, the AP professional is presented with the next invoice, enters the header information and stores the invoice to create a permanent association between the imaged invoice and the AP transaction record. The AP professionals also use the 170 MarkView tools to add annotations to the image and to initiate workflow actions. The completion of AP entry starts the best practices approval workflow, consulting the enterprise approval hierarchy tables from the ERP system, routing the transaction and its imaged document to the appropriate user for review, coding and approval. Similar processes exist for Procurement, Expenses, Accounts Receivable, Asset Management, General Ledger, Human Resources, and Project Re-Billing.

    Line-of-Business Managers: 170 MarkView's imaging and workflows route images and the appropriate transaction information, via email, to non-ERP users, who then have fingertip access to all appropriate information from a browser. Simple instructions and point-and-click operations guide the user through the steps required to complete the transaction. Events, such as an authorized user placing an "Approved" stamp on an image, can cause the associated transaction to be automatically approved within the ERP system. Annotated information, such as who created, who read, who needs to approve the transactions and when they were approved can be reviewed and acted upon. For non-PO invoices, 170 MarkView Distributions is a powerful tool that enables field managers to easily enter complex GL account codes to ensure that cost center charges are applied appropriately. No training is required, and no software needs to be installed.

170 MarkView: Unparalleled ERP System Integration Unites All Information with ERP Transaction Records to Create a "Single Source of Truth" and Comprehensive Audit Trails

The 170 MarkView Financial Suite has a 16-year plus history of deployments in the most rigorous production environments. Integration is built into the product. Most alternative solutions are composed of custom software, creating maintenance and upgrade headaches. The 170 MarkView Financial Suite is certified for compatibility with Oracle, Peoplesoft and SAP ERP system releases within 90 days and offers stable, supportable, reliable solutions that scale to meet customers' needs. As the ERP system is upgraded, 170 MarkView's tightly integrated imaging and workflow capabilities are easily upgraded in parallel.

170 MarkView: Proven Integration History

For more than 16 years, Finance professionals have chosen 170 MarkView as the preferred solution for extending the capabilities of their ERP systems with imaging and best practice workflows to automate and optimize the management of their financial processes. 170 MarkView is the leading imaging and workflow solution in use today by global businesses in virtually all industries, including telecommunications, financial services, energy, higher education, government, transportation, retail, consumer packaged goods, professional services, healthcare, insurance, manufacturing, hospitality, high tech, media, and entertainment. This track record of consistent success means low-risk, high-value imaging and workflow implementations for new and existing customers of the Oracle e-Business Suite, PeopleSoft Enterprise and SAP ERP Financials.

170 MarkView is Unmatched in Leveraging Imaging and Best Practice Workflows to Optimize Financial Processes

The 170 MarkView Financial Suite's imaging and best practice workflows have transformed business practices and optimized financial processes for maximum benefit of the world's leading organizations. In doing so, they have streamlined processes, embraced best practices to strengthen internal controls, simplified the audit process and realized significant productivity gains in Finance and the lines of business, all while dramatically reducing costs. In this era of increasing pressures on Finance professionals, having the right solution pays bottom-line dividends.