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170 Systems Announces 170 MarkView Release 5.5

170 Systems Inc. has announced 170 MarkView Financial Suite, Release 5.5, featuring 170 MarkView Insight and 170 MarkView Express. With these two significant new capabilities, Finance executives now have access to powerful information for rapidly improving Finance processes and business performance, and departmental managers have a simple way to participate directly in business processes.

170 MarkView Insight is a business performance management monitor that equips Finance managers with essential operational information including key performance indicators and situational alerts. Processes tracked and reported on include compliance and controls, discount management, and financial accounting, as well as areas requiring attention, such as unprocessed financial liabilities, workflow bottlenecks, pending penalties, employees' productivity, potential fraud, and others.

170 MarkView Express is a powerful business user portal that extends finance applications to line-of-business users, insulating them from the complexities of the back-end systems. Using a traditional web browser, business-users use can quickly and easily participate fully in financial processes. 170 MarkView Express' simple interface gives managers single-click access the data they need to make informed decisions - ERP transactional data, process history, backup information (contracts, purchase orders, and receipts), and sophisticated analysis, such as spending against budget or bills/payments. They simply review the transaction presented them and related background information, and complete their portion of the process, without ever accessing the ERP system directly.

The 170 MarkView Financial Suite, comprising software solutions for procure-to-pay, order-to-cash and general accounting for Global 2000 organizations, automates and standardizes financial processes to help Finance departments reduce costs, strengthen internal controls and compliance, and improve service levels. Tightly integrated with leading ERP systems (Oracle E-Business Suite, PeopleSoft Enterprise and mySAP ERP Financials), the 170 MarkView Financial Suite embeds best practices in financial processes, transforming multi-step, multi-person tasks into highly efficient workflows with as few as five steps, and delivers a measured three-year return on investment of 330% with a payback period of 7.4 months.



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