Author: Jane Edwards|| Date Published: August 14, 2024
McLean, Virginia-based 22nd Century Technologies Inc. has acquired TreasurySoft in a transaction that expands its enterprise resource planning practice and capabilities to deliver digital transformation platforms to federal, state, local government and transit agencies.
TSCTI said Tuesday TreasurySoft provides PeopleSoft and Oracle Fusion ERP Treasury Management Systems and other tech platforms that offer real-time insights across cash management, risk management, investment management and other critical financial functions.
“By bringing TreasurySoft into our fold, we are not only expanding our ERP capabilities but also setting the stage to provide tailored solutions that extend and optimize Oracle ERP implementations,” said TSCTI CEO Anil Sharma.
“TreasurySoft’s ability will enable us to deliver more robust, efficient, and integrated solutions on top of existing Oracle platforms,” added Sharma.
TSCTI has more than 400 contracts and approximately 6,000 employees focused on supporting the mission-critical programs of defense, intelligence and federal civilian agencies in digital transformation, cybersecurity, cloud migration and application modernization, among other areas.
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