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Infor Ming.le – A New Solution To Productivity Issues

Posted by Thai Pham on

Infor Ming.le is a comprehensive platform for social collaboration, business process improvement and contextual analytics. Its innovative social media concept enables an employee to work more effectively as it combines social communication and business processes. The major difference between Infor Ming.le and other information sharing technologies is Ming.le is fully embedded with the organisations main systems, for example, ERP and accounting software. 

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Topics: Hospitality solutions, Financial Accounting Management Software, Technology trends, Infor SunSystems

5 Ways Infor ION Can Transform Your Enterprise

Posted by Thai Pham on

In today’s business, every enterprise relies on an increasing number of IT systems to support various business functions in some form or other, be that accounting software, CRM, or ERP.

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Topics: Analytics, Enterprise Resource Planning ERP

An Overview of Infor Expense Management

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Infor Expense Management is a travel and entertainment expense management solution. It is a suite of four integrated application, (Expense Reports, Travel Plans, Payment Request, Timesheets), which we will discuss in-depth further in the blog. Infor Expense Management helps eliminate manual processes since supporting mobile usage and social collaboration and becoming available for both in the cloud or on-premise.

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Topics: Financial Accounting Management Software

Making the Case for a Cloud Expense Management Solution

Posted by Thai Pham on

As you are well aware, expense management is an integral part of many businesses. This normally involves employee travel and entertainment expenses. Yet Aberdeen Report found that 53 per cent of businesses are still managing their travel expenses manually; gone should be days of manually reporting expenses. It is both a demanding and potentially risky process. All this time wasted, used energy and risk of resources can be regained with the use of cloud-based expense management systems.

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Topics: Financial Accounting Management Software

How Raymond James Financial Slashed 50% of Its Reporting Time

Posted by Thai Pham on

Running a team of more than 4,900 financial advisors serving 1.8 million accounts in more than 2,200 locations worldwide is no easy task. For Raymond James Financial - a Florida-based financial services company - managing their employees’ expenses is among the most challenging aspects of their business.

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Topics: Financial Accounting Management Software

3 Tips to Effectively Manage Your T&E Expenses

Posted by Thai Pham on

The term T&E stands for travel and entertainment - any expenses incurred by travelling for business purposes or entertaining a business client. Examples of travelling expenses include money spent on accommodation, transportation, and meals. T&E expense management is an important operating cost to manage because your company's T&E budget is one of the critical places where you could look to reduce costs. Unfortunately, expense management and reimbursements for travelling employees are among the most time-consuming and repetitive manual business processes that companies face.

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5 Ways Hotels Can Maximise the Value of BI Investments

Posted by Thai Pham on

According to Hospitality Technology’s “2016 Lodging Technology Study,” 62% of surveyed hoteliers use business intelligence (BI) tools and another 16% will add them within 18 months. Armed with the right information, today’s decision-makers can better understand risk, performance, and the impact of decisions at property, region and group levels. But how exactly can hotels achieve competitive advantages with business intelligence?

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Topics: Hospitality solutions

What is Zero-based Budgeting?

Posted by Thai Pham on

It is safe to say most businesses would resort to cost cutting initiatives in a time of tight margins and high risksHowever, a research by McKinsey shows that only 26% of those cost-reduction programs, still yield effective results after four years. CFOs, therefore, are increasingly turning to zero-based budgeting, ZBB, as a more sustainable approach to cost reduction.  

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Topics: Planning and Budgeting, CFOs, Financial Accounting Management Software

How to Successfully Implement e-Invoicing in 5 Steps

Posted by Thai Pham on

Electronic invoicing (e-invoicing) is the transmission, reception, and processing of digital transactional documents between suppliers and buyers. A true e-invoicing method should be entirely electronic in such a way that data from the supplier can be integrated directly into the buyer’s system. E-invoicing benefits both suppliers and buyers. 

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Topics: Financial Accounting Management Software

7 Steps to Take Your Revenue Management to the Next Level

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Upgrading revenue management capabilities means not only implementing the right technology solution and integrating the right data sources — ones that have been shown to improve forecast accuracy and pricing decisions — but also putting the right organisational resources in place and creating a revenue-focused culture. Following are a few recommendations for hoteliers to keep in mind. 

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Topics: Hospitality solutions

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