Press Release - March 02, 2016
Velocity Technology Solutions Implements Oracle HCM and Financials for TriWest Healthcare Alliance
CHARLOTTE, NC--(Marketwired - March 02, 2016) - Velocity Technology Solutions Inc., a global leader in enterprise and business application cloud services, announced that it has entered into a partnership to provide application management services of Oracle PeopleSoft Human Capital Management (HCM) and Financials for TriWest Healthcare Alliance. TriWest is a partner to the Department of Veterans Affairs (VA) in administering the Veterans Choice Program in all or part of 28 states to provide health care in the community when VA is unable to do so in-house.
The support relationship with Velocity will continue to enhance TriWest's current human capital, financial management and business process applications and further improve its core Human Capital functions for recruitment, benefits processing, and streamline financial processes for expenses and payables.
"We initially approached Velocity looking for an Oracle PeopleSoft system administrator. Their team used the opportunity to describe the benefits of their application support model and it has been the right move for our company," said Rick Green, TriWest Healthcare Alliance Chief Information Officer. "TriWest looks forward to building this relationship with Velocity as we continue to gain efficiencies and improve the overall effectiveness of enterprise resource planning (ERP) in our work to serve the health care needs of our nation's Veterans."
The Velocity project team faced a number of challenges. "Few companies run these systems without some kind of customization," said Derek Tomei, Director of the PeopleSoft line of business for Velocity Technology Solutions. "Our team did a first-rate job of acquiring information about the customizations they would require and how those were integrated in their overall business processes, which we also had to research."
Velocity Technology Solutions is an Oracle® Platinum Partner meeting Oracle's stringent requirements for client relationships, skills and expertise with specializations in each product area.
About Velocity Technology Solutions
Velocity Technology Solutions (www.VelocityCloud.com), a global enterprise application cloud services leader since 2003, delivers secure, fully managed environments spanning virtual private, public and hybrid clouds. The company's portfolio includes application-focused cloud managed services, professional services, with data analytics and optimization solutions. Velocity's expertise in managing leading ERP applications, leveraging the patent pending Velocity Cloud Application Management Platform, gives customers required availability, security, visibility and control at a reduced total cost of ownership. Velocity is headquartered in Charlotte, NC, with facilities in North America, Europe and Asia. Velocity is a portfolio company of Silver Lake Sumeru, a global leader with private equity investments in leading, growth-oriented technology companies. For additional information on the firm and its entire portfolio, visit www.silverlake.com.
About TriWest Healthcare Alliance
TriWest Healthcare Alliance serves our nation's heroes as the partner of the Department of Veterans Affairs (VA) in administering the Patient-Centered Community Care (PC3) program and Veterans Choice Program (VCP). TriWest has been On a Mission to Serve® America's military families and Veterans since 1996 delivering award-winning customer service and providing access to high-quality health care. The company's official website is www.triwest.com.
Velocity Technology Solutions