As planning, budgeting and forecasting become indispensable strategic contributors, finance executives begin to realise the need to transform their rigid yearly financial planning by adopting more advanced (both on-premise and cloud-based) analytical tools. 71 per cent of organisations surveyed by FSN in 2017 has been able to reforecast more than twice a year, up from 56 per cent in the previous year, although the forecasting accuracy is still fairly low. 

Infor SunSystems 6.4 is not just a new version of the venerable accounting system, it represents a quantum leap in enterprise software. Fully packed with capabilities far beyond what a traditional financial management suite can deliver, Infor SunSystems 6.4 can be the catalyst for your business’ digital transformation. 

Infor d/EPM is a fully integrated solution suite that is capable of automating your business’ financial management process, thereby eliminating the use of spreadsheets. It layers world-class in-context business intelligence, financial performance management, and risk and compliance monitoring, empowers you to drive your business performance more effectively.

Infor SunSystems 6.4 is one of the most prominent Infor’s products hosted in the cloud but you already knew that. What you may not have known is that SunSystems 6.4 is not just a new version of the venerable accounting software. In many ways, it represents a quantum leap in business solutions. Here are 7 interesting facts about SunSystems 6.4 to blow you away!

If you are reading this article, chances are, you are looking to upgrade your current accounting system due to: 

In a study conducted on 3000 accountants worldwide by Sage People in 2018, 67 per cent of the accountants stated that they "have their heads in the cloud"; more than half of the respondents have already adopted cloud-based solutions. As cloud computing is becoming more mainstream, early adopters are now reaping their benefits. It is time for your accounting function to be transformed digitally. 

360-degree feedback is a tool, a method to develop an individual’s behaviour and performance. It utilises data received confidentially from those the employee work with to gain whether their performance fits in with the company’s overall visions. Data is feedback formed from online forms answering questions that address a wide range of competencies in the workplace based on a rating scale and written comments. 

At least 50%¹ of new leaders fail after assuming a new role. Incorrectly identifying high potentials is one of the reasons for this failure. Additionally, many companies face a significant shortage of quality talent. Therefore, their only resolution is to source high potentials externally.

Setting up a budget can be challenging, and so is choosing the right budgeting method that best fits your business’ model and needs. In this article, we will shed light on the five most common approaches to budgeting, as well as their pros and cons. 

High potential employees quitting can be extremely costly. Letting your talents know the company has laid out development programs to prepare them for more senior management roles is one of the most effective methods to mitigate the impact of talent loss.