go to cherryroad.com home page

CHERRYROAD TECHNOLOGIES SELECTED TO PERFORM PEOPLESOFT IMPLEMENTATION AND BUSINESS PROCESS OPTIMIZATION FOR METROPOLITAN TRANSPORTATION AUTHORITY

CherryRoad Team to Integrate Enterprise Software and Deploy Portal for One of the World’s Largest Transportation Authorities


PARSIPPANY, NJ - August 27, 2004 …CherryRoad Technologies, a full-service systems integrator, today announced that it has been selected to perform a PeopleSoft implementation and business process optimization for the Metropolitan Transportation Authority (MTA), a public-benefit corporation chartered by the State of New York.

Under the terms of the contract, CherryRoad is leading a team tasked with implementing PeopleSoft® Enterprise Financial Management 8.8 (including General Ledger, Accounts Payable, Procurement, Projects, Grants, Global Consolidations, Cash Management and Deal Management); PeopleSoft® Enterprise Performance Management 8.8 (Business Planning and Budgeting); and PeopleSoft® HCM 8.8 (including Human Resources, Payroll for North America, Benefits Administration, Time and Labor, Recruiting Solutions and Pension Administration).

In addition, CherryRoad’s team is performing business process optimization in conjunction with the implementation to enable the MTA to take advantage of best practices that are built into the enterprise software. Last Fall, team members analyzed the MTA’s existing business processes, defined a vision for desired new processes and determined what user requirements need to be met, so that the new enterprise software system ultimately will support those processes.

“We greatly respect the MTA’s commitment to modify its internal business processes in order to derive the best performance from its new enterprise system,” said Tom Ferrando, president and chief operating officer of CherryRoad Technologies. “The new system is designed to enhance the efficiency of the MTA’s operations by providing consolidated financial management and reporting, and new payroll and HR systems for the organization’s more than 1,400 headquarters employees,” he added.

The MTA is comprised of the headquarters (MTAHQ) and six operating agencies to which MTAHQ provides general oversight, planning, and administration. One of these agencies—MTA Metro-North Railroad—is also conducting a PeopleSoft implementation with CherryRoad Technologies.

About MTA

The Metropolitan Transportation Authority was established under New York State Public Authorities Law, and is a public benefit corporation and a component unit of the State of New York. Its mission is to continue, develop and improve public transportation, and to develop and implement a unified public transportation policy in the New York metropolitan area. The MTA is one of the largest transportation authorities in the world, providing over 2.4 billion passenger trips every year to the citizens of the New York metropolitan region. More information can be found at http://www.mta.info/.

About CherryRoad Technologies

CherryRoad Technologies provides comprehensive systems integration and consulting services that achieve breakthrough results for industry and government. The company has more than 400 customers, including Atlantic Health System; the Board of Pensions of the Presbyterian Church, USA; City of Pasadena; Hampton Roads Transit; Malcolm Pirnie; Mercedes-Benz; MetLife; National Exchange Carrier Association; the New York Public Library; Philadelphia Housing Authority; Port of Seattle; Twentieth Century Fox; the U.S. Army; Visiting Nurse Service of New York; and XL Capital. CherryRoad Technologies has 400 employees and is based in Parsippany, N.J. with offices throughout the United States. More information about CherryRoad can be found at www.cherryroad.com.

PeopleSoft is a registered trademark of PeopleSoft, Inc.

© 2006 CherryRoad Technologies Inc. All rights reserved.
For further information on CherryRoad's products and services, please contact
info@CherryRoad.com


© 2005 CherryRoad Inc. All rights reserved.
199 Cherry Hill Road, Parsippany, NJ 07054
Phone (877) 402-7804   Fax (973) 541-2546
www.CherryRoad.com