MySQL | Thursday, August 4, 2016

Centreviews Relies on MySQL to Offer SaaS-based Finance and Accounting Services

By: Weichen Chiu | Pincipal Product Marketing Director

Founded in St. Paul, Minnesota, API Outsourcing is a
technology company and provider of Centreviews Business Intelligence Suite, a
simple, scalable, and secure solution for back office departments and
professionals to automate their accounts payable, accounts receivable and
document management processes. Many
enterprises adopt finance and accounting technologies not only to drive
efficiency, improve business performance, and reduce operating costs, but even
more importantly, to allow their resources to focus on core competencies in
products and service offerings.

Centreviews Business Intelligence Suite is available to
customers or business partners on a SaaS only model or as a BPaaS model where
API provides outsourced labor to process accounts payable, accounts receivable,
document management on its Centreviews Business Intelligence Suite. Both the
SaaS and BPaaS offering enables customers to implement a technology based
solution to automate processes with no capital investment and minimal IT
resources. API’s customers can identify,
resolve, and prevent problems with their accounts payables, accounts
receivables, and document management processes faster and easier than ever
before. The Centreviews Payables Solution allows customers to automate their
payables processes from order to payment using the Centreviews workflow
platform to improve efficiency, visibility and controls. The Centreviews Receivables Solution allows
customers to automate their remittance matching, cash application and deduction
management from order to cash using the workflow platform.

This sophisticated, yet simple to use solution has helped
numerous companies both large and small including Sirius XM, Kohler, G&K
Services, Randstad and NASDAQ to improve cash flow and profits. Business partners such as, Rosenthal and
Rosenthal, , Swiss Post Solutions and Commerce Bank have utilized Centreviews
to automate their customers processes to
improve their cash flow, increase business intelligence, enhance
customer/vendor relationships, and reduce processing costs up to 60%.

Business Challenges

When API initially launched the Centreviews suite, it
required a database that supported high-speed data inserts, was very secure,
and performed well on the Linux operating system. Since many of Centreviews’
customers are financial institutions, it’s essential that the products are in
compliance with the latest regulations to safeguard sensitive financial data.
Furthermore, this database had to be highly available, reliable, at a low cost,
and scalable enough for future expansions.

The MySQL Solution

API chose MySQL as the database to host all the data in its
Centreviews product suite for the following reasons:

  • MySQL
    can perform large insert operations quickly
  • MySQL
    has great support and performance on Linux
  • Low
    total cost of ownership (TCO)

MySQL has been the core of the Centreviews platform since
the inception in 2005. It stores all the data to support invoice approval
workflow and the associated documents to data archives and remittance processes.
Even when the Centreviews suite evolved and required better support for
transactional operations, MySQL continued to perform well and met all the
requirements from API. Today, MySQL serves over 10,000 Centreviews users daily
and processes over 100 million transactions annually.

Replication Strategy

MySQL replication is deployed in Centreviews for backup and
disaster recovery. One master server and two slave servers are co-located,
while a third slave is at a separate site, dedicated for the purpose of maintaining
99.9% uptime and for disaster recovery. One of the slaves in the same location
as the master is configured with replication to be a backup server in case
there’s any issue during recovery, while the other runs replication to take a
snapshot of the master server.

Oracle Premier Support for MySQL

As more data and business processes are digitized and
accessed via mobile devices, the reliability and availability requirements have
elevated to a new level. Hundreds of companies are using Centreviews to access
or update some of its 24,000 tables and 1 TB of data, not only during regular
business hours, but also at 6am on Sunday morning when business activities were
rarely seen previously. “More and more people now have to do work outside of
work.” said Joe Hess, IT Manager at API. “Therefore, we have to be reliable and
available.”

To meet customer expectations of being available 24x7, API
upgraded Centreviews to the MySQL Enterprise Edition so that they can leverage
the advanced features and have direct access to expert MySQL support
professionals through Oracle Premier Support for MySQL. “The reality is that
we’re in trouble when we need Oracle’s MySQL support team,” said Joe Mullen,
Software Development Manager at API. “In all those stressful events, the MySQL
support engineers have helped us get the business-critical systems back to
function in a timely manner. It’s pretty awesome that I can’t think of any bad
experience with the MySQL support team. “

API started to use MySQL since version 4, and have followed
the product releases closely and upgraded to newer versions. Currently,
Centreviews is based on MySQL 5.6, and the IT team plans to upgrade to MySQL
5.7 soon to take advantage of the latest features and performance improvements.


“API deploys MySQL Enterprise Edition as the foundation of
our Centreviews product suites for its high performance, low cost, and great
support on Linux. We are very satisfied in its ability to deliver simple,
scalable, and secure business solutions to our customers.”

– Joe Mullen, Software Development Manager, API Outsourcing

“More and more of Centreviews’ customers work outside of
regular business hours due to easy access to our SaaS solutions, which raised
the availability requirement of our platform. MySQL Enterprise Edition offers
the performance, reliability, and availability we need, and has enabled API to
provide uninterrupted cloud-based financial and accounting services, especially
with the access to expert MySQL support professionals through Oracle Premier
Support for MySQL.”

– Joe Hess, IT manager, API Outsourcing

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