Massachusetts Convention Center Authority Dramatically Reduces Transaction Processing
Reduction of Over 25% Leaves More Time for Effective Data Analysis
St. Louis, Missouri (December 20, 2007) Mitchell Humphrey, a long-time specialist in financial accounting software and related services, is pleased to announce that the Massachusetts Convention Center Authority (MCCA) is fully operational on its FMS II accounting software system.
“With FMS II, we have been able to reduce our transaction processing effort by more than 25%. As a result, we are able to obtain and analyze better information in a much quicker, more efficient manner,” said MCCA Chief Financial Officer Johanna Storella. “In addition, we feel the system offers the MCCA a critical advantage versus other accounting systems because of its open database structure, its service-oriented approach, and the fact that it caters to the requirements of government enterprises like ourselves.”
“A recent survey conducted by Financial Executives International indicated that the average company’s finance department spends about 67% of its time in transaction processing,” explained Mitchell Humphrey’s President and COO Kim Schaefer, “One of our main missions for clients like MCCA is to implement a solution that enables them to reduce processing times and increase the time they have to seriously analyze and act on their financial data.”
MCCA selected Mitchell Humphrey’s FMS II General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, and Purchasing modules. In addition, the organization implemented a special FMS II Event Ledger that enables them to track and report on the economic impact of events held at MCCA facilities.
To compliment their FMS II system, the MCCA also is using a number of Mitchell Humphrey’s business intelligence tools designed to provide a variety of data capture, reporting, workflow management, and document imaging capabilities.
About the Massachusetts Convention Center Authority
The MCCA owns and oversees the operation of the Boston Convention & Exhibition Center (BCEC); the John B. Hynes Veterans Memorial Convention Center; the MassMutual Center in Springfield, MA; and the Boston Common Garage.
About Mitchell Humphrey
Mitchell Humphrey provides business application software and services that promote faster implementations, providing better access to information, resulting in smarter decision making. Mitchell Humphrey clients include organizations in insurance, retail, services, government, not-for-profit and numerous other markets. Backed by over 30 years of Best Practices methodology, Mitchell Humphrey’s software is designed, developed, implemented and supported by our own team of CPAs and IT professionals.
