Massachusetts Port Authority Selects CherryRoad to Implement Oracle® PeopleSoft

MORRIS PLAINS, N.J., Nov. 16, 2011 /PRNewswire/ -- CherryRoad Technologies Inc., an Oracle Platinum Partner, has been selected as the implementation partner by the Massachusetts Port Authority (Massport) for their upcoming Financial Accounting and Reporting System Upgrade and Improvements.  

Massport has been utilizing Oracle PeopleSoft Financials since version 7.5 and is currently on PeopleSoft Financials version 8.8. The upcoming project will encompass the upgrade of Massport's financial system to the latest version 9.1, the implementation of new modules including Projects and Hyperion Budgeting, and an enhanced utilization of existing modules.  A key component of this upgrade includes the reworking of the Chart of Accounts to support improved control and reporting.

This project, which was awarded through a highly competitive RFP process, will be CherryRoad's first engagement with the Massachusetts Port Authority.  "The unprecedented budget challenges facing public sector agencies will continue to demand that they use technology to increase collaboration to achieve their goals," said Jeremy Gulban, President, CherryRoad Technologies Inc.  "With CherryRoad, Massport has selected an experienced Oracle partner to upgrade their applications and install new functionality such as Hyperion Budgeting.  We are thrilled to have the opportunity to deliver a system that can generate cost savings and help Massport to provide better services to its end users." 

About the Massachusetts Port Authority (MASSPORT)

Massachusetts Port Authority, or Massport, is a port district in the Commonwealth of Massachusetts. It operates seaports and airports in eastern and central Massachusetts, mainly the Port of Boston. Its headquarters is located in the Logan Office Center, adjacent to Logan Airport in East Boston, and Boston.

Over the past decade, Massport and its transportation partners have invested more than $4 billion to improve and modernize their facilities and equip them with the latest time-saving and customer service amenities to give users a safe, comfortable and convenient travel experience whatever their transportation needs.

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell, and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base, and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through certified Specializations. Specializations are achieved through competency development, business results, expertise, and proven success.  To learn more, visit www.oracle.com/partners.

About CherryRoad Technologies Inc.

CherryRoad Technologies Inc. provides comprehensive systems integration and consulting services that maximize enterprise performance for the public and commercial sectors. With headquarters in Morris Plains, N.J. and offices across the U.S., CherryRoad has earned a solid reputation for combining technology, organizational, functional, and vertical market expertise into practical solutions that deliver results – on time and on budget.  For more information, visit www.cherryroad.com.

SOURCE CherryRoad Technologies Inc.