The city of Detroit has completed transformation of its financial and operational systems implemented by AST Corporation and is live with Oracle Cloud for Finance, the company said.
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.
This implementation is part of a restructuring of financial, IT and HR operations.
AST is a member and systems integrator of Oracle Partner Network.