NAPERVILLE, Ill., July 20, 2016 /PRNewswire/ -- AST Corporation today announced that the City of Detroit has completed the transformation of its financial and operational systems and is now live with Oracle Cloud for Finance. The modern and integrated enterprise cloud solution includes Oracle Financials Cloud, Oracle Procurement Cloud, Oracle Project Portfolio Management (PPM) Cloud, Oracle Planning and Budgeting Cloud Service, along with Oracle Fusion Middleware.
As a result of its fiscal distress and bankruptcy exit criteria, the City underwent a full functional transformation of its financial operations, including replacement of legacy financial management systems and restructuring of the City's financial functions. The objective was to build a high-functioning financial foundation to support the city's current and future goals and objectives.
This implementation is a significant step towards the City's goal of achieving financial transformation, which includes a major restructuring of Financial, IT and HR operations.
"…This is a key initiative in reforming the City's financial operations, which will help ensure better service to our citizens and employees," said John W. Hill, Chief Financial Officer at the City of Detroit.
AST, a Platinum level member of Oracle PartnerNetwork, came highly recommended as a systems integrator of choice by Oracle, and began the implementation process in December 2015. "As a Platinum-level member of Oracle PartnerNetwork, AST has a 20-year history of successful enterprise resource planning implementations, and a deep understanding of Public Sector business requirements. They were a logical choice to partner with on this pivotal project," said Dennis Morgan, Group Vice President, Public Sector Channels Sales at Oracle.
"AST was very helpful and responsive throughout the project and did a great job of engaging and integrating with the City of Detroit's project team," added Hill. "Our staff's knowledge of the system improves each day with continued support and assistance from AST."
"AST is honored to have had a part in helping the City of Detroit and assisting with this tremendous transformation to the cloud," said AST President & CEO Pravin Kumar. "The size and success of this implementation demonstrates that Oracle's complete, modern and proven Cloud solutions are ready for wider adoption in the Public Sector."
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ast-implements-oracle-enterprise-resource-planning-cloud-and-enterprise-performance-management-cloud-for-the-city-of-detroit-300301258.html
SOURCE AST Corporation