Press Releases

CitiStreet Selects Slingshot For Revenue, Forecasting, Billing and Collections

CitiStreet is a premier global benefit provider, and one of the nation’s largest retirement plan record keepers.  CitiStreet, a State Street and Citigroup Joint Venture Company, has licensed components of Slingshot’s eCity application suite to address their needs for a current technology receivables solution.  Slingshot was selected to address a series of requirements identified to take the CitiStreet business forward into the forseeable future.  The following products will be implemented:

City of Bellingham (WA) Implements eCity

The City of Bellingham went live with their eCity implementation in late 2005. Since that time, the user group has maintained close partnership with Slingshot during early live usage of their eCity Request, Buy and Stock software modules.

The city stocks 86,000 parts and provides web based access for several hundred “requesitioners” to request the City’s resources – hence the need for Slingshot’s solutions to help them stay on top of the requisitioning, purchasing and warehouse management for their Public Works department.

Key areas of functionality include electronic approvals of all requisitions and purchase orders, user counter order receipt approvals utilizing Radio Frequency Identification (RFID), blanket and contract vendor management, e-mail notifications to requestors, vendors and other stake-holders, automated three-way invoice matching and integration with legacy city work order and financial management systems.

GE Capital Installs Procurement Solution For 180 Service Depots

General Electric has completed live deployment of our Slingshot eCity solutions at all 180 U.S. sites in their TIP Mod business unit. General Electric is using our Slingshot eCity Request and Stock software modules to manage requisitioning and inventory / warehouse management at these sites. The solution has been fully integrated with their legacy GE corporate Oracle Purchasing and Payables systems as well as internal work management systems.

The utilization of eCity’s inventory and warehouse management functionality was optimized during 2006. This was done with a view to expanding the implementation scope to include GE’s Canadian and Mexican sites, using eCity’s multi-currency and multi-lingual capabilities. General Electric's many fold return on investment targets continue to be met with our Slingshot eCity native web supply chain solutions.

CNA Surety Selects eCity for 55,000 Agencies in North America

Throughout 2006, CNA Surety (CNA) was undertaking to implement Slingshot’s Receivables and Payables modules. By mid-2007, the implemented solution will manage accounts receivable, refunds, collections processes and pay commissions to 34,000 agents across the US and in 22 foreign countries. The competition for CNA's business was between Slingshot, Oracle's Peoplesoft division and SAP. Slingshot is pleased to continue its association with CNA at this time.

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