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Hudson Crossing LLC    

            
When Your World Needs Turning Around             
      

 

 

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Hudson Crossing LLC is experienced in the installation of both in-housed designed and Dun & Bradstreet Financial Systems software of Millenium and MSA on both IBM and Burroughs mainframe computers.


Burroughs


In-House Designed

bulletBarber-Colman Company, $300 million, multi-division manufacturing company.

bulletAssisted in a 2 year conversion of a fully integrated in-house designed financial and manufacturing system. 
bulletExtensive analysis and application of MRP II.
bulletWrote Barber-Colman Accounting Systems and Design Manual.


IBM


Dun & Bradstreet

bulletEvangelical Hospitals Corporation, The Advocate, $350 million, multi-hospital corporation, includes:  Good Shepherd, Good Samaritan, Christ, Bethany, and Woodlawn hospitals.  Merged with Lutheran General Hospital.

bulletManaged McCormack & Dodge and MSA financial systems for GL, AP, PO, FA, PR, and HR systems.
bulletManaged conversion to Millenium Online - Realtime systems.
bulletManaged installation of in-house designed inventory costing system at three major hospitals:  Good Shepherd, Good Samaritan, and Christ hospitals.
bulletEstablished Lutheran General Hospital on financial system after merger.

 


IBM


Dun & Bradstreet \ Access & Visual Basic

bulletCitiGroup, $700 billion financial services group.

Crisis & Challenge:  After the merger of Citibank and Travelor's Insurance, the Chicago office of Citibank was out of balance in their major cash accounts by $22 billion with other financial institutions like:  Harris Bank, Northern Trust, LaSalle Bank, and the Federal Reserve banks.  The Chicago office managed the cash accounts for Illinois, California, Florida, Massachusetts, and Washington D.C.  The out of balance condition created a contingent liability of over $22 billion.  This was a crisis situation.

CitiGroup brought in five KPMG Sr. Managers and fifteen KPMG staff accountants to help oversee the reconciliation of the cash accounts.  They also brought in three Sr. Executive officers from CitiGroup in St. Louis to oversee the process.

bulletDesigned, Programmed and implemented new Cash Reconciliation database system for the Cash Reconciliation Group.
bulletDesigned and programmed new Cash Reconciliation database using Access and Visual Basic programming.
bulletManaged four IT consultants in development of Cash Reconciliation database.
bulletTrained over 275 cash reconcilers, Citibank management, and KPMG staff on new Cash Reconciliation system.
bulletExtracted 25,000 to 35,000 transactions out of IBM mainfrain into Access database for reconciliation.
bulletCash Reconciliation system enabled over 180 accountants to reconcile their cash accounts on a daily basis.  
bulletFacilitated the investigation of items outstanding items
bulletResulted in the reduction of contingent liabilities from $22 billion to $25 million.
bulletBrought job stability to over 240 Citibank employees.

 

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Last modified: June 27, 2015