Commonwealth of Pennsylvania’s Treasury Transformation Project
Continues to Garner National Recognition and Awards

Morris Plains, NJ (October 8, 2015) CherryRoad Technologies Inc., a leading integrator of enterprise software and Platinum level member of Oracle PartnerNetwork (OPN), congratulates the Commonwealth of Pennsylvania, for the continued recognition its nationally acclaimed Treasury Transformation Project has received including most recently as one of GCN Magazine’s “Top Ten IT Excellence Projects” award winners as well as a finalist in NASCIO’s Outstanding Achievements in State IT projects awards.

CherryRoad, who implemented Oracle’s PeopleSoft Financials and Oracle Fusion Governance, Risk, and Compliance (GRC), is proud to have partnered with the Commonwealth of Pennsylvania Treasury during its two-year innovation journey which replaced aging, unsupported mainframe systems. At the project’s conclusion the Commonwealth transformed the way in which it serves its constituents, setting a new benchmark for other states to follow. The project, which has impacted the entire Commonwealth in a highly positive manner, consolidated more than 25 internal systems and numerous financial business processes, eliminated multiple individual systems, and standardized all interfaces to the Treasury. The original budget, slated at $42 million, was completed on time and $7 million under budget. The exceptional teamwork, collaboration, change management, and support between the Commonwealth of Pennsylvania, CherryRoad, and Oracle were the overarching, critical success factors.

“From the onset of the project, CherryRoad was responsive to our needs and did demonstrate a high level of knowledge and commitment, which helped PA Treasury successfully accomplish its numerous business objectives,” said PN Narayanan, Chief Information Officer, Pennsylvania Treasury.

“We are privileged to have contributed to the success of the Commonwealth of Pennsylvania’s ambitious Treasury Transformation project,” commented Jeremy Gulban, CherryRoad President. “As with all our clients, our goal is to assist in helping them transform their organizations and the way in which they do business. The Commonwealth of Pennsylvania has demonstrated great vision and this initiative serves as an outstanding example of success that others can model.”

“We value our long-term partnership with CherryRoad and are pleased to have played a role in the Commonwealth of Pennsylvania Treasury’s award-winning Transformation project,” stated Dennis Morgan, Group Vice President, Public Sector Channels, Oracle. “CherryRoad continually demonstrates its commitment to Oracle public sector clients by delivering innovative solutions that allow them to leverage the strength and depth of Oracle’s PeopleSoft product line and solve their most critical business challenges.”

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.

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 Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more, visit http://www.oracle.com/partners

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Contact:

Elaine Verrone, Marketing Manager
CherryRoad Technologies Inc.
973-541-4227
everrone@cherryroad.com