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Los Angeles Launches CSS IMPACT Financial Cloud

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The City of Los Angeles Office of Finance officially went live on March 4thwith their new NextGen Collections Financial Ecosystem cloud platform, “CSS IMPACT! HD™ 2.0”. CSS, Inc., the developer of “IMPACT! HD™ 2.0”, is the leading provider of Cloud Financial Ecosystem platforms for enterprises and government.

Shahid Chaudhry (pictured right), Chief Tax Compliance Officer for the City of Los Angeles, spearheaded the city’s NextGen Financial Ecosystem Collections platform project and stated, “The implementation of IMPACT HD™ 2.0 has provided the city an unprecedented level of control over all of our procedures. We are now able to streamline and systematically automate many of our business processes. With IMPACT HD™ 2.0 we anticipate a significant uplift in productivity and efficiency as well as clear visibility into our current processes so we can continuously improve upon them in order to better serve our citizens.”

“The City of Los Angeles is ranked as one of the top most innovative cities in the country and continues its legacy as a technology leader by adopting revolutionary cloud solutions. CSS is truly honored to have been entrusted with the City’s NextGen Tax and Legal Collections processing system project and to have been able to switch from their old system with complete success to the IMPACT! HD™ 2.0 Platform in only 6 months. We are truly excited with this partnership and look forward for a long and successful relationship with the City of Los Angeles,” said Sergio Seplovh ic(pictured left), Projects Director at CSS, Inc.

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Global Fintech Market to Reach Valuation of US$ 1,287.4 Bn by 2034; Expected to Gain CAGR of 15.4% over the Forecast Period (2024 – 2034): A Report by TNR, The Niche Research

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