Status
Acquired by Kofax on September 8, 2009
Funding Received
$14 Million in 1 Round from 1 Investor
Founded:
1990
Headquarters:
Bedford, MA
Description:
170 Systems offers software solutions that automate and optimize financial processes for relevant organizations.
Categories:
Software
Website:
http://www.170systems.com

Detailed Description

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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 customers include Bank of Montreal, British Telecom, ConAgra, France Telecom, Juniper Networks, Plains All American, Reader's Digest, Sandia National Laboratories, Select Medical, Thomson Reuters, University of Pennsylvania, and Verizon Wireless.

The company's flagship product , the 170 MarkView® Financial Suite, is a complete, proven Financial process automation solution for Accounts Payable (AP), Expense Management, Procurement, Accounts Receivable, General Ledger, Asset Management, Project Re-Billing and Human Resources. Certified with Oracle e-Business Suite and SAP ERP, 170 MarkView provides real-time Oracle and SAP integration, leveraging the ERP's approvals and validations - without risk of data duplication. At the same time, all 170 Systems' offerings employ best practice workflows, advanced capture technologies such as OCR and interfaces appropriate for each type of user: AP processor, line-of-business manager, Finance manager and supplier.

Past Team (2)

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Funding Rounds (1) - $14M

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Investors (1)

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  • Aktht4eq1boptqctfosv

    Polaris Partners

    Polaris Partners is a venture company investing in digital media, life sciences, and enterprise...

Offices/Locations (1)

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  • HQ

    36 Crosby Drive

    Bedford, MA 01824

    USA

Images (1)

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  • 84cc480f27e4525c279906fa4a9de4a4